Former Ubiquiti Employee Gets 6 Years in Jail for $2 Million Crypto Extortion Case

A former employee of Ubiquiti has been sentenced to six years in jail after he pleaded guilty to posing as an anonymous hacker and a whistleblower in an attempt to extort almost $2 million worth of cryptocurrency while working at the company. Nickolas Sharp, 37, was arrested in December 2021 for...

Code42 Incydr Series: Protect IP with Code42 Incydr

Stealing a jumbo-jet airplane sounds like a ridiculous movie, but it’s actually just one example of IP theft. It’s happening to tech giants like Twitter and Google, and consumer brands like Hershey. But it’s also happening to organizations built around security — like McAfee and even the CIA. In...

Morgan Stanley Insider Theft Wealth Management Client Data

The financial services giant Morgan Stanley announced yesterday that that an employee had stolen sensitive information pertaining to more than 900 of the firm’s wealth-management clients. According to a company press release, the wealth management employee in question “has been terminated.”...

2 Million Customer Records Stolen in Vodafone Germany breach

Security experts are warning Vodafone customers, particularly those in Germany, of a possible increase in phishing attacks after an insider at the telecommunications giant accessed a database and stole personal information on as many as two million customers. German police have a suspect, adding...

Data Breach Reports Remain Spotty, Study Finds

In a twist on Tolstoy’s famous observation that “all happy families are alike,” the Identity Theft Resource Center ITRC is warning that the public is being told that ‘all data breaches are alike,’ as corporations paint a worryingly bland portrait of breaches and other data loss incidents affectin...