Monday, December 23

Tag: Cybercrime/Hacking

Cybersecurity in the Year Ahead: Think 2023 on Steroids
28Dec By adminNo Comments
World

Cybersecurity in the Year Ahead: Think 2023 on Steroids

Dec. 27, 2023 5:30 am ET|WSJ ProCompanies in 2023 saw rising cybersecurity threats, rising regulation and rising costs for cyber insurance, while dealing with tight budgets and a tighter labor market. The year ahead will bring no letup. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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23andMe Hack Is a Wake-Up Call for Your Password Habits
6Dec By adminNo Comments
Technology

23andMe Hack Is a Wake-Up Call for Your Password Habits

The recent breach of 23andMe user accounts shows a simple yet powerful truth about data security: Don’t reuse passwords, people.The DNA test-kit company on Monday reported a hacker accessed 14,000 accounts because of password reuse, exposing information belonging to approximately 6.9 million people. The 23andMe computer network wasn’t breached and wasn’t the source of these compromised credentials, a company spokesman said in a statement. The company first disclosed the incident in October and has been investigating since then.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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ICBC’s Entree Onto Wall Street Looked Like a Bargain—Until Hackers Crippled Its U.S. Unit
26Nov By adminNo Comments
Money

ICBC’s Entree Onto Wall Street Looked Like a Bargain—Until Hackers Crippled Its U.S. Unit

Updated Nov. 26, 2023 12:02 am ETIndustrial & Commercial Bank of China, the world’s largest bank, paid $1 for its place on Wall Street. It got more than it bargained for.  The Chinese lender acquired a small New York broker-dealer in 2010, a move that extended its presence into the U.S. securities industry. It is now dealing with the fallout from a cyberattack this month that crippled that business and briefly triggered widespread concerns about the fragility of the largest cash market in the world. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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ICBC’s Entree Onto Wall Street Looked Like a Bargain—Until Hackers Crippled Its U.S. Unit
26Nov By adminNo Comments
World

ICBC’s Entree Onto Wall Street Looked Like a Bargain—Until Hackers Crippled Its U.S. Unit

Nov. 25, 2023 11:00 pm ETIndustrial & Commercial Bank of China, the world’s largest bank, paid $1 for its place on Wall Street. It got more than it bargained for.  The Chinese lender acquired a small New York broker-dealer in 2010, a move that extended its presence into the U.S. securities industry. It is now dealing with the fallout from a cyberattack this month that crippled that business and briefly triggered widespread concerns about the fragility of the largest cash market in the world. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Cyberattack on Kansas Courts Leaves Lawyers Filing ‘Everything by Fax’
25Nov By adminNo Comments
World

Cyberattack on Kansas Courts Leaves Lawyers Filing ‘Everything by Fax’

Kansas attorney Kayla Clark can typically file legal documents online. She can see when a judge signed them. But she has been locked out of this digital world for more than a month, one of numerous lawyers and litigants forced to go analog in the wake of an October cyberattack that has crippled Kansas’ court system and made it mostly impossible to pay fines, file for divorces or complete other legal tasks online.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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How a Hack Shook Wall Street’s Multitrillion-Dollar Foundations
19Nov By adminNo Comments
Money

How a Hack Shook Wall Street’s Multitrillion-Dollar Foundations

The recent hack of a Chinese banking giant reignited Wall Street’s long-running fears of disruptions to the short-term cash markets underpinning the global financial system.Traders swiftly contained the cyberattack on the Industrial and Commercial Bank of China. But some said the incident exposed cracks in the multitrillion-dollar market for repurchase agreements, known as repo, where banks and hedge funds borrow cash mainly using Treasurys as collateral. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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A Ransomware Gang Wanted Its Victim to Pay Up. So It Went to the SEC.
18Nov By adminNo Comments
Money

A Ransomware Gang Wanted Its Victim to Pay Up. So It Went to the SEC.

Nov. 18, 2023 10:00 am ETThe call is coming from inside the hack.A ransomware gang claimed this past week that it broke into the systems of the fintech platform MeridianLink. The breach has been reported to regulators. The company didn’t report it, as new rules will require them to do. The hackers did.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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