TX: Sheldon ISD notifies current and former staff and students of network breach (UPDATED)

Sheldon ISD in Houston, Texas posted a notification on July 24 concerning a cyberattack: Sheldon Independent School District (“Sheldon” or “we”) is committed to protecting the privacy and confidentiality of its students.  This commitment extends to notifying our former students if we believe the security or privacy of their information may have been compromised. ...

Author of FastPOS malware revealed, pleads guilty

Catalin Cimpanu reports: A 30-year-old Moldovan man pleaded guilty on Friday for creating FastPOS, a strain of malware designed to infect computers processing payment card data from Point-of-Sale (POS) systems. Valerian Chiochiu, known in the hacking world as “Onassis” (after the Greek shipping magnate who married Jacqueline Kennedy), was part of the Infraud criminal...

Morgan Stanley Hit with Class Lawsuit Over Alleged Data Breaches

Jed Horowitz reports: Former and current Morgan Stanley customers have filed a putative class-action lawsuit alleging negligence and invasion of privacy over the firm’s failure to properly scrub decommissioned hardware of personal information such as social security numbers, account numbers and other personal data. Morgan Stanley earlier this month began notifying brokers and customers that...

GandCrab ransomware operator arrested in Belarus

Ionut Ilascu reports: An affiliate of the GandCrab ransomware-as-a-business (RaaS) has been arrested, according to an official release. Authorities were able to identify the individual in cooperation with law enforcement in Romania and the U.K. The cybercriminal’s identity has not been published but Office “K” of the Ministry of Internal Affairs in Belarus says that...