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Latest coverage for Hacking

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Background for this topic.

Hacking is the use of technical methods to access, alter, disrupt, or examine computer systems and data, either with authorization or without it. In security reporting, the term usually covers unauthorized exploitation of software flaws, exposed services, weak credentials, misconfigurations, and sometimes human trust through phishing or other social engineering.

Its security significance depends on the attacker’s access and objective: a compromised internet-facing system may enable data theft, unauthorized changes, or movement into other systems, while a benign penetration test can reveal the same weaknesses before they are abused. Defenders reduce exposure through timely vulnerability management, secure configuration, strong authentication, network and endpoint monitoring, and tested incident-response procedures. Useful reporting distinguishes confirmed compromise from attempted or suspected activity and identifies the exploited entry point, affected assets, and whether access was contained.

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The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has imposed sanctions against a Chinese cybersecurity company and a Shanghai-based cyber actor for their alleged links to the Salt Typhoon group and the recent compromise of the federal agency

Bank Info Security 1 year, 6 months ago

Biotech Firm to Pay $7.5M to Settle Lawsuit in 2023 Hack

Enzo Biochem Previously Paid Three States $4.5M in Fines for Same BreachBiotech firm Enzo Biochem has agreed to pay $7.5 million to settle a consolidated proposed class action lawsuit involving a 2023 ransomware attack affecting 2.5 million people. The company has already paid $4.5 million in fines to three state attorneys general for the same incident.

Department of Treasury Imposes SanctionsThe U.S. federal government said Friday it's traced the source of Chinese hacker intrusions into telecom networks to a government contractor located in hacking hotbed Sichuan. The Department of Treasury imposed sanctions on the firm, Sichuan Juxinhe Network Technology.

Bank Info Security 1 year, 6 months ago

Law Office Wolf Haldenstein Says Hack Affected 3.4 Million

Legal Firm Joins Other Class Action Litigators Targeted by HackersWolf Haldenstein Adler Freeman & Herz LLP, a law firm that represents consumers in data breach lawsuits, has reported to regulators its own 2023 hack affecting more than 3.4 million individuals. The incident isn't the first time a law firm that handles data breach litigation reported a major hack.

Bank Info Security 1 year, 6 months ago

Breach Roundup: Microsoft Makes Security Staff Cuts

Also: Intensified Russian Hacking in Ukraine, Spain's Telefónica Confirms BreachThis week, Microsoft laid off security staff and released Patch Tuesday, Russian hackers intensified attacks on Ukraine in 2024, Telefónica confirmed a breach, a Tennessee mortgage leader reported a breach and the Texas AG sued Allstate over driver data collection.

Bank Info Security 1 year, 6 months ago

Cryptohack Roundup: BitMEX's $100M Penalty

Also: US Govt Seeks Return of Hack Funds to Bitfinex; Mango Markets ShutsThis week, BitMEX fined $100M, prosecutors sought return of Bitfinex funds, Mango Markets shut, a Web3 attack method; pastor charged in crypto scam, CFPB proposed firms refund hack victims, 2024 crime stats, Wolf Capital co-founder's guilty plea, Thai Bitcoin miners seized and a New York AG lawsuit.

Hackers Repeatedly Compromised GoDaddy's Web Hosting EnvironmentInternet registrar and web host GoDaddy agreed to two decades worth of third-party assessments over its cybersecurity practices in a settlement with the U.S. FTC. GoDaddy in February 2023 attributed a run of hacking incidents that began in 2019 to a "sophisticated threat actor group."

Bank Info Security 1 year, 6 months ago

OneBlood Notifying Donors Affected by 2024 Ransomware Hack

Attack on Blood Center Spotlights Ongoing Supply Chain Risk in Healthcare SectorSix months after a ransomware attack temporarily crippled its blood donation and distribution activities, Florida-based nonprofit OneBlood is reporting a data breach to regulators that affected donors' personal information. Why is the incident reawakening healthcare supply chain concerns?

Bank Info Security 1 year, 6 months ago

Chinese Connected Car Tech Banned by Biden Administration

National Security and Hacking Worries Underpin Concerns over Supply Chain RiskThe U.S. federal government is telling the automotive industry to stop buying Chinese manufactured hardware and software powering onboard telematics and automated driving systems, warning that the potential for nation-state hacking and espionage poses a national security risk.

Scumbags stole API keys, then started a hacking-as-a-service biz, it is claimed Microsoft has sued a group of unnamed cybercriminals who developed tools to bypass safety guardrails in its generative AI tools. The tools were used to create harmful content, and access to the tools were sold as a service to other miscreants.…