Data breach cost Marriott 28M dollars so far
The massive data breach disclosed by Marriott last year has cost the company $28 million to date, most of which has been covered by insurance, the hotel giant revealed last week in its earnings report for the last quarter of 2018, The TechBizWeb reports. According to Marriott, $25 million of the $28 million expenses incurred as a result of the security incident has been covered by insurance.
Chinese national arrested in Japan for trade secrets theft
A Chinese man was recently arrested in Aichi Prefecture, Japan for allegedly acquiring trade secrets illegally from his employer, Fuji Seiko, a leading cutting tools manufacturer. Police suspect that the confidential information may have been transferred out of Japan, The Epoch Times reports.
Man fined for leaking CVs of rival job applicants to his partner
According to The CoventryLive, an ex Nuneaton and Bedworth Borough Council manager leaked rival CVs to his partner to help get her a job at the Town Hall, a court heard. Kevin Bunsell, the former head of building control at Nuneaton and Bedworth Borough Council, passed personal data of rival job applicants to his partner after she applied for job at the the local authority.
Dow Jones list of 2.4M risky banking clients exposed online
A Dow Jones list of millions of people at risk for bribery and corruption, as well as high-profile criminals and terrorists, sat out in the open on an unsecured online database, a researcher has found, The CNet reports.
Trade secrets and patent prosecution halted by injunction
On February 27, 2018, Ennis-Flint, Inc., a North Carolina-based developer and manufacturer of pavement marking technology, filed suit against its former Director of R&D, Robert Greer, and his company, GP Innovations, LLC, asserting a variety of claims including misappropriation of trade secrets, unfair and deceptive trade practices, and breach of an employment agreement, the law firm Kilpatrick Townsend reports on its websit
EQT alleges employees stole trade secrets prior to termination
Pittsburgh-based EQT Corporation says it was the victim of high tech theft by two former employees shortly before they were fired by the company, the portal CBS Pittsburgh reports. The largest natural gas producer in Appalachia says it has lots of trade secrets to protect.
Manufacturer accuses ex-consultant of misusing trade secrets
On February 5, 2019, an unmanned aerial systems (UAS) manufacturer, Volans-I, filed a complaint in federal court in California against its former consultant, SpekterWorks, alleging that SpektreWorks used trade secrets obtained during their partnership to design and manufacture rival aircrafts, the portal Lexology reports.
2.7M health-related calls, sensitive data exposed for six years
A server used to store real-time recordings of phone calls made to the 1177 Swedish Healthcare Guide service for health care information was found completely exposed to the Internet, with no user or password to protect it, The Bleeping Computer reports.
India’s state gas company leaks millions of Aadhaar numbers
Another security lapse has exposed millions of Aadhaar numbers. This time, India’s state-owned gas company Indane left exposed a part of its website for dealers and distributors, even though it’s only supposed to be accessible with a valid username and password. But the part of the site was indexed in Google, allowing anyone to bypass the login page altogether and gain unfettered access to the dealer database, The Techcrunch reports.
127M user records for sale on dark web from 8 companies
An individual who earlier this week was selling 620 million user records stolen from 16 companies has now put up a second batch of hacked data totaling 127 million, originating from eight companies, the portal ZDNet reports. The data is currently being sold on Dream Market, a dark web marketplace where crooks sell an assortment of illegal products, such as user data, drugs, weapons, malware, and others.
