The IOTA Foundation, the nonprofit organization behind the IOTA cryptocurrency, has shut down its entire network this week after hackers exploited a vulnerability in the official IOTA wallet app to steal user funds. The attack happenedĀ on February 12, 2020, according to a message the foundation posted on its official Twitter account. According to...
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Category: Data Breach
Four members of Chinese military charged with hacking credit agency Equifax stealing private information on 145 American citizens
Indictment Alleges Four Members of Chinaās Peopleās Liberation Army Engaged in a Three-Month Long Campaign to Steal Sensitive...
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Yahoo to pay $117 million to settle class action over major data breaches
Yahoo will pay approximately A $117 million to settle a lawsuit over multiple data breaches. The lawsuit alleged that the company negligently disclosedĀ users' personal information, including email addresses, phone numbers, dates of birth, other account information, as well as...
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Massachusetts General Hospital suffers major data breach involving the private records of some 9,900 research patients
The Massachusetts General Hospital has suffered a major data breach involving private health information involving the records of some 9,900 research patients used by Neurology researchers at the hospital. The data stolen included names, dates of birth, medical record numbers and medical histories. The breach occurred between June 10 and June 16...
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Federal Trade Commission files Complaint against Cambridge Analytica for deception resulting in release of private info from Facebook
The Federal Trade Commission (FTC) filed an Administrative Complaint against data-mining company Cambridge Analytica and reached settlements with the former CEO and an app developer who worked with the company. The FTC complaint filed on Wednesday alleges Cambridge Analytica used false and deceptive tactics to harvest personal information from tens of millions...
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Facebook to pay $5 Billion to settle U.S. investigation over privacy violations according to the WSJ
Facebook will pay $5 Billion to settle an investigation by the Federal Trade Commission (FTC) concerning privacy violations, according to the Wall Street Journal. The FTC investigation was engaged after reports that personal data of tens of millions of Facebook users were improperly obtained by Cambridge Analytica, a data firm that worked...
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Blockchain Technology Can Now Be Used to Protect The Healthcare Industry from Counterfeit Pharmaceuticals
Despite its cons, cryptocurrency has introduced powerful technologies to the market, including blockchain protocols which essentially act as an advanced ledger for cryptocurrency exchanges. However, this technology is now being utilized for the protection of numerous industries, including the healthcare industry by preventing counterfeit pharmaceuticals from entering the market.
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Evidence links Russian Spies inside U.S. Universities as students and professors using free academia to gather sensitive info on America
American Universities have always been proud to welcome global students into their community, but with reports of foreign agents from Russia entering these school as professors and students, it is difficult to determine the reliability of this practice. These alleged spies are under suspicion for using the academic system to get close...
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Blockchain Hacking Found to Be Responsible for Billions of Dollars in Stolen Funds
In January of 2019, it was discovered that an online attacker had hacked Coinbase and processed over $1.1 million in what the cryptocurrency industry refers to as "double spends". However, this is not the only incidence of blockchains being hacked since its increasing popularity on the market. In fact, since 2017 it is estimated...
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France fines Google $57 million for not disclosing data collection of user info
The French data protection authority fined Google 50 million Euros or about $57 million, for not properly disclosing to users how data is collected across its services, including its search engine, Google Maps and YouTube, in order to present personalized advertisements. This is the largest penalty to date under the European Union...
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