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Showing posts with label Confidential Data. Show all posts
United States
China Confidential Data Cyber Crime cyber espionage Data Leak United States

Former Google Employee Charged with Stealing AI Secrets

 

A former Google software engineer has been charged with stealing the company's artificial intelligence trade secrets while surreptitiously working for two Chinese companies, the Justice Department announced Wednesday. 

Linwei Ding, a Chinese national, was arrested in Newark, California, for four charges of federal trade secret theft, each punishable by up to ten years in prison. 

Attorney General Merrick Garland announced the case against Ding, 38, at an American Bar Association conference in San Francisco. Garland, along with other law enforcement leaders, has repeatedly warned about the threat of Chinese economic surveillance as well as the national security concerns posed by developments in artificial intelligence and other novel technologies.

“Today’s charges are the latest illustration of the lengths affiliates of companies based in the People’s Republic of China are willing to go to steal American innovation,” FBI Director Christopher Wray noted in a statement. “The theft of innovative technology and trade secrets from American companies can cost jobs and have devastating economic and national security consequences.” 

Google said it came to the conclusion that the employee had stolen "numerous documents" and had referred the case to law enforcement. 

“We have strict safeguards to prevent the theft of our confidential commercial information and trade secrets,” Google spokesman Jose Castaneda explained. “After an investigation, we found that this employee stole numerous documents, and we quickly referred the case to law enforcement. We are grateful to the FBI for helping protect our information and will continue cooperating with them closely.”

Artificial intelligence is the primary battleground for high-tech competitors, and who dominates can have far-reaching commercial and security repercussions. In recent weeks, Justice Department leaders have warned that foreign foes may use AI technologies to target the United States. 

Deputy Attorney General Lisa Monaco stated in a speech last month that the administration's multi-agency Disruptive Technology Strike Force would prioritise AI enforcement, and Wray told a conference last week that AI and other novel technologies had made it easier for attackers to try to interfere with the American political process. 

The indictment, unsealed Wednesday in the Northern District of California, alleges that Ding, who was hired by Google in 2019 and had access to sensitive information regarding the firm's supercomputing data centres, began uploading hundreds of files to a personal Google Cloud account two years ago. 

According to prosecutors, Ding was offered the post of chief technology officer at an early-stage technology business in China that advertised its use of AI technology and gave him a monthly salary of around $14,800, plus an annual bonus and company stock, just weeks after the theft started. The indictment says Ding travelled to China to attend investor meetings and seek funding for the company. 

In January, the FBI filed a search warrant at Ding's house and seized his electronic equipment, followed by an additional warrant for the contents of his personal accounts, which contained more than 500 distinct files of classified data that investigators claim he stole from Google.
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User Privacy
Confidential Data Data Breach Data protection Healthcare Data Protocols unauthorised access United States User Data User Privacy

Welltok Data Breach: 8.5 Million U.S. Patients' Information Compromised

The personal data of 8.5 million American patients was at risk due to a data breach that occurred recently at Welltok, a well-known supplier of healthcare solutions. Since cybersecurity specialists found the intrusion, the organization has been attempting to resolve the issue and minimize any possible harm.

According to reports from Bleeping Computer, the breach has exposed a vast amount of sensitive data, including patients' names, addresses, medical histories, and other confidential information. This breach not only raises concerns about the privacy and security of patient data but also highlights the increasing sophistication of cyber threats in the healthcare sector.

Welltok has promptly responded to the incident, acknowledging the breach through a notice posted on their official website. The company has assured affected individuals that it is taking necessary steps to investigate the breach, enhance its security measures, and collaborate with law enforcement agencies to identify the perpetrators.

The impact of this breach extends beyond the United States, as reports from sources suggest that the compromised data includes patients from various regions. This global reach amplifies the urgency for international cooperation in addressing cyber threats and fortifying data protection measures in the healthcare industry.

Cybersecurity analysts estimate that the breach may have affected up to 11 million patients, emphasizing the scale and severity of the incident. The potential consequences of such a breach are far-reaching, ranging from identity theft to unauthorized access to medical records, posing serious risks to individuals' well-being.

This incident underscores the critical need for organizations, especially those handling sensitive healthcare data, to continuously assess and strengthen their cybersecurity protocols. As technology advances, so do the methods employed by malicious actors, making it imperative for companies to stay vigilant and proactive in safeguarding the privacy and security of their users.

The ongoing risks to the healthcare sector are brought home sharply by the Welltok data hack. The company's efforts to stop the breach and safeguard the impacted parties serve as a reminder of the larger difficulties businesses encounter in preserving the confidentiality of sensitive data in the increasingly linked digital world.

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unauthorised access
Black Cat Confidential Data Cyber Security Law Enforcement Protocol Ransomware Attacks. Ransomware Groups Sensitive Information unauthorised access

Progressive Leasing Cyberattack: Sensitive Data Stolen

Progressive Leasing, a well-known company that specializes in product leasing, has unexpectedly become the victim of a devastating cyberattack that has resulted in the unauthorized collection of private data. The breach has prompted significant worry among its stakeholders and consumers, which the corporation revealed in an official statement. 

According to reports, the attack was carried out by a sophisticated ransomware group. The group, known for its aggressive tactics, managed to infiltrate the company's systems, gaining unauthorized access to a trove of confidential data. Progressive Leasing has since taken immediate action to contain the breach and enlisted cybersecurity experts' help to investigate the incident. 

According to the company's official statement: 

“Progressive Leasing recently experienced a cybersecurity incident affecting certain Progressive Leasing systems. Promptly after detecting the incident, we engaged leading third-party cybersecurity experts and launched an investigation. We also notified law enforcement. Our team is working diligently alongside our cybersecurity experts and with law enforcement to investigate and respond to this incident. Importantly, there has been no major operational impact to any of Progressive Leasing’s services as a result of this incident, and PROG Holdings’ other subsidiaries have not been impacted. The investigation into the incident, including identification of the data involved, remains ongoing.” 

The stolen information reportedly includes customers' details, financial records, and proprietary business data. This breach poses a significant threat to the privacy of individuals but also raises concerns about potential misuse of the company's internal information. 

The incident has prompted Progressive Leasing to reinforce its cybersecurity measures and invest in advanced protective technologies. The company is also working closely with law enforcement agencies to track down and hold the responsible parties accountable. 

Customers of Progressive Leasing are advised to remain vigilant and monitor their accounts for any suspicious activity. Additionally, the company has set up a dedicated helpline and support team to assist affected individuals in navigating this challenging situation. 

This incident is a sobering reminder of the vital importance of strong cybersecurity measures in the current digital environment. Companies need to be on the lookout for emerging security dangers and invest in cutting-edge security processes as they grow in sophistication and scope. Neglecting cybersecurity can have disastrous repercussions on both the targeted firm and the people whose sensitive information is in danger. 

Progressive Leasing's steadfast response in the wake of this assault highlights the company's dedication to safeguarding its clients' data. Businesses from all sectors are being strongly cautioned by this occurrence to address cybersecurity in an environment where connectivity is growing.

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NATO
Confidential Data Data Breach MBDA NATO

Hackers Sell Classified Data of Missile Firm MBDA, NATO Launches Investigation


Hackers claim classified data on sale

A cybercrime gang is selling confidential data which was stolen from MBDA Missile Systems (A European Firm.) For the users' information, MBDA is a European company that makes missiles and other weapons. 

It was established in 2001 from a merger of British, Italian, and French companies. MBDA is the world's second largest missile maker, the first being Boeing. 

The company has three main product lines- air-to-surface missiles, air-to-air missiles, and surface-to-air missiles. The weapons are used by the militaries of more than 40 countries. 

About MBDA 

MBDA's headquarters are in Paris, France. The company has manufacturing setups in Britain, Spain, France, and Italy. It has more than 13,000 employees. 

Unknown hackers claim that they have confidential military data accessed from MBDA after a successful data attack. 

As observed by HackRead.com, in the beginning, threat actors using Russian and English hacking platforms were selling around 80 GB of stolen data for 15 BTC (approx $294,000).

Company admits that data breach happened 

But, on August 29th, the gang lowered the price to 1BTC ($19,000) for data worth 70GB. On the other hand, BBC, MBDA, has admitted that part of its data were hacked after breaching an external hard disk. 

NATO has launched an investigation into selling top-secret weapon and missile data files online. MBDA is collaborating with investigation authorities in Italy, as it is the place where the data attacks happened. 

The investigation is focusing on one of the firm's suppliers. One should note that NATO is among MBDA's clients. A NATO representative said that they are assessing claims relating to data allegedly stolen from MBDA. 

He also said that there's no confirmation that the NATO network was compromised. The firm says that it followed all required measures to protect its networks. 

MBDA'S Stand

It insists that the data compromise happened many weeks ago and the breached data is not sensitive or classified. MBDA denies the hacking group's claims that they are selling confidential military data. 

No hacking of our secure networks has occurred. MBDA can confirm that there is no protectively marked data from MBDA involved, said MBDA. 

HackRead reports, "MBDA further explained that it refused to yield to the hackers’ ransom demands, which is why they are spreading misinformation on the internet to force the company to pay the ransom. However, the company won’t give in and vowed to take all legal actions against the blackmailers."

The data was still on sale, during the time this article was written. 







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