Business Sector

Travelex Forced into Administration After Ransomware Attack

After all these years of reporting on breaches, it’s still unusual to read that a company has folded as a result of a data breach, but we live in different times because of the added burden of the pandemic. Phil Muncaster reports: Ransomware victim Travelex has been forced into administration, with over 1000 jobs...

Ransomware Threatens Production of 300 Ventilators Per Day

Felipe Erazo: The FDA-approved Coronavirus ventilator manufacturer Boyce Technologies has been targeted by ransomware launched by the DoppelPaymer gang, who are  threatening to leak data from the company. Cointelegraph has viewed the DoppelPaymer blog, where the gang lists example files of the data stolen during the attack, including sales and purchase orders, assignment forms,...

Pepperstone Updates Clients on Data Breach Investigation

Aziz Abdel-Qader reports: Multi-regulated FX broker Pepperstone has just updated its clients about the data security breach that occurred just over a week ago. The company said the security issue had originated from one of its third-party vendors after cybercriminals used malware to compromise its computers and obtained access to the provider’s credentials. Not so long...

Intel investigating breach after 20GB of internal documents leak online

Catalin Cimpanu reports: US chipmaker Intel is investigating a security breach after earlier today 20 GB of internal documents, with some marked “confidential” or “restricted secret,” were uploaded online on file-sharing site MEGA. The data was published by Till Kottmann, a Swiss software engineer, who said he received the files from an anonymous hacker...