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Coinbase, the largest crypto exchange in the US, is offering a $20 million bounty for information leading to those behind a May 2025 breach that compromised customer data. In a Wednesday evening filing with the Securities and Exchange Commission (SEC), the company said it was informed, on May 11, of a breach affecting its customers’…
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There’s an update to breach previously reported here in 2023. Brian Krebs reports: In what experts are calling a novel legal outcome, the 22-year-old former administrator of the cybercrime community Breachforums will forfeit nearly $700,000 to settle a civil lawsuit from a health insurance company whose customer data was posted for sale on the forum in…
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Cryptocurrency exchange platform Coinbase has suffered a breach, which resulted in attackers acquiring customers’ data that can help them mount social engineering attacks, the company confirmed today by filing a report with the US Securities and Exchange Commission (SEC). The attack did not involve the compromise of company systems or networks. Instead, the data was…
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Google will pay the U.S. state of Texas $1.4B to settle lawsuits over unauthorized location tracking and facial recognition data retention. Google will pay nearly $1.4 billion to the state of Texas to settle two lawsuits over tracking users’ locations and storing biometric data without consent. The $1.375 billion settlement far exceeds previous fines over…
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Google has agreed to pay the state of Texas $1.375 billion to settle two lawsuits accusing the company of tracking users’ personal location, incognito searches, and voice and facial data without their permission. The lawsuits were brought by Texas Attorney General Ken Paxton in 2022. Facebook’s parent company Meta agreed to pay a similar amount…
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Meta has won its WhatsApp hacking lawsuit against Israeli spyware company NSO Group in an “important step forward for privacy and security”. The post Spyware Maker NSO Ordered to Pay $167 Million Over WhatsApp Hack appeared first on SecurityWeek.
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NSO Group must pay WhatsApp over $167M in damages for a 2019 hack targeting 1,400+ users, per U.S. jury ruling after a five-year legal battle. A U.S. jury ordered NSO Group to pay WhatsApp over $167M for using Pegasus spyware to target over 1,400 people, violating U.S. laws. After a five-year legal battle, a jury…
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The six-year case is the culmination of a Meta lawsuit filed in 2019, which argued that the NSO Group repeatedly attacked WhatsApp with spyware vectors, continuing to break into its systems even as the social media giant patched vulnerabilities.
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Only 50% of employed people in the U.S. describe themselves as “extremely satisfied” with their job, so it’s safe to say that everyone at some point in their lives has dreaded going to work on Monday and dreamed of the sort of career you see on television: Fun, exciting, and with a high enough salary…
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The US government says defense contractor Raytheon and Nightwing agreed to pay $8.4 million to settle False Claims Act allegations. The post Raytheon, Nightwing to Pay $8.4 Million in Settlement Over Cybersecurity Failures appeared first on SecurityWeek.
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The settlement falls under the False Claims Act, a Civil War-era law that allows for civil damages against government contractors who violate the terms of their agreement.
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Despite an explosion in cybersecurity tools and awareness campaigns, organizations around the world are still surrendering to ransomware attackers at an alarming rate. According to new research from Rubrik Zero Labs, 86% of organizations globally admitted to paying ransom demands following a cyberattack in the past year — a figure that underscores a harsh reality:…
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Mobile payments look set to be one of the defining technologies of 2015, as the launch of Apple Pay catalyses a boom in cardless payments – both from Apple’s own system, and rivals playing catch-up.
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Cybercriminals have devised sophisticated methods to exploit Near Field Communication (NFC) technology via popular mobile payment platforms. These attackers are now leveraging Apple Pay and Google Wallet to conduct unauthorized transactions after obtaining victims’ card credentials through phishing operations. The scheme involves linking stolen payment card information to fraudulent mobile wallet accounts, allowing criminals to…
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The attack hit the Kuala Lumpur airport over the weekend, and it remains unclear who the threat actors are and what kind of information they may have stolen.
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Massachusetts-based tech firm MORSE Corp, a U.S. defense contractor, has agreed to a $4.6 million settlement to resolve a lawsuit alleging its nonadherence to military contract cybersecurity requirements and submission of false claims for payment, reports The Register.
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US defense contractor MORSE Corp has agreed to pay $4.6 million to settle allegations over its cybersecurity failures. The post Defense Contractor MORSE to Pay $4.6M to Settle Cybersecurity Failure Allegations appeared first on SecurityWeek.