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Breach at South Korea’s Equivalent of Amazon Exposed Data of Almost Every Adult
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Seongjoon Cho/Bloomberg News
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The alleged perpetrator had improper access to virtually every South Korean adult’s personal information: names, phone numbers and even the keycode to enter residential buildings.
It was one of the biggest data breaches of recent years and it has sent the company it targeted—Coupang, South Korea’s equivalent of Amazon—reeling, generating lawsuits, government investigation and calls to toughen penalties against such leaks.
The leak went undetected for nearly five months, hitting Coupang’s radar on Nov. 18 only after a customer flagged suspicious activity.
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PHOTO: FEDERICA PARRA/AGENCE FRANCE-PRESSE/GETTY IMAGES
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Venezuela's state-run oil company PDVSA said Monday it had been hacked by the U.S., though hadn't seen services disrupted. The company and Venezuela's oil ministry said the cyberattack was part of a U.S. campaign to control its oil and "right to sovereign energy development." Unnamed sources inside PDVSA said the ransomware strike had interrupted some administrative systems. (Reuters)
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Wealth-management firm Wedbush Securities is notifying customers that their personal data along with the name of their financial institution and account number were breached between May 17 and July 11. The company said it discovered that one of its internet-facing web applications was misconfigured, allowing unauthorized access to the information.
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Audio streamer SoundCloud said recent outages stem from a cyberattack during which hackers stole information from a database of user email addresses. The breach affects about 20% of its users, SoundCloud said. (Bleeping Computer)
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90 Seconds
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Amount of time, on average, between when Amazon posts a new vulnerability on its MadPot honeypot and when hackers try to exploit it. MadPot is a network of security decoys used to study hacker behavior and cybersecurity problems.
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Credit- and identity-check company 700Credit confirmed that more than 5.8 million people had their personal and financial information compromised in a recent hack.
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The Southfield, Mich.-based company, which serves dealers of cars, RVs, boats and other vehicles, discovered the attack in October. Its investigation found the breach started as early as May.
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Michigan's attorney general is warning residents to watch out for phishing and other fraud attempts. (SecurityWeek)
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SEC head says crypto regulation needs to respect privacy. Cryptocurrencies provide new opportunities to amass data on citizens’ financial lives, but a too-aggressive approach would be “incompatible with the kind of free society that has made America great,” Paul Atkins, SEC chairman, said.
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