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PHOTO: YONHAP NEWS AGENCY/REUTERS
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Coupang Corp. Chief Executive Park Dae-jun (pictured) has resigned over what is viewed as the worst data breach in South Korea. Coupang Inc., the U.S.-listed parent, said Wednesday that Harold Rogers, chief administrative officer and general counsel, has been named interim CEO of Coupang Corp. A hack from June to November at the online retailer exposed the personal data of more than 33 million people. (WSJ)
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Coupang executives are due to testify about the cyberattack to South Korea's parliament Dec. 17. (Korea JoongAng Daily)
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High risk: New OpenAI models carry a cyber risk level of "high," according to the company's internal rating system. New models that can work autonomously for longer periods of time than prior models can be more easily used in brute-force attacks, OpenAI said in a blog post.
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"High" is a notch below "critical," a level that would prohibit a model from being made public. (Axios)
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Customers with debt-consolidation, dental and other types of loans via Prosper Marketplace are being notified that their personal information was stolen in a cyberattack. The company discovered suspicious activity Sept. 1 and an investigation revealed that unauthorized queries to its databases went on between June and August.
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Compromised data includes name, Social Security number, date of birth, bank account number, Prosper account number, other financial and credit-application information, driver’s license number, marriage or birth certificate, passport number, tax information and payment card number, the San Francisco company said.
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Prosper hasn't said how many customers in total have been affected but in Texas, the number is 1,161,581, according to a notice sent to that state's attorney general. The company hasn't offered credit monitoring or identity-theft protection.
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Indicted: A federal grand jury in Washington, D.C., indicted a former Accenture employee for allegedly misleading the U.S. Army and others about the cybersecurity protections of cloud services provided by the company's Accenture Federal Services unit. (NextGov)
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Danielle Hillmer, a former senior manager, concealed non-compliance with federal cyber requirements and obstructed audits in 2020 and 2021, according to the indictment.
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Trucking company Volume Transportation, based in Conyers, Ga., is notifying nearly 3,000 current and former employees that their personal information was exposed in an August cyberattack.
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From Dow Jones Risk Journal
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PHOTO: PETR SVANCARA/ZUMA PRESS
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Now-defunct crypto platform Paxful drew a $4 million criminal fine tied to anti-money-laundering violations. Based on its conduct, the fine should be $111.5 million but Paxful, which shut down in November, can't afford to pay that sum, the Justice Department said.
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The exchange also reached a settlement agreement with the Financial Crimes Enforcement Network, the Treasury Department’s law enforcement arm, which said Paxful facilitated more than $500 million worth of suspicious transactions, including some linked to Iran, North Korea and Venezuela.
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Read the full story, subscription required, or sign up for a free trial to Dow Jones Risk Journal.
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