News with the tag "hack"

One of the largest banks in the US is preparing to pay millions of dollars to settle allegations that it bombarded thousands of people with illegal robocalls. A federal judge in North Carolina has preliminarily approved a $4.1 million class action settlement between Truist Bank and cellphone users w...

A partner at one of Silicon Valley’s most prominent venture firms has reportedly been caught in the fallout of Coinbase’s recent data breach , raising concerns that other high-profile investors may also be at risk. According to a May 16 report from Bloomberg , Roelof Botha, Managing Partner at Sequo...

Coinbase stock price had its best week since November last year, even as the company moved from one bad news to another. Coinbase shares ended the week at $266, their highest level since February and 88% above their lowest level this year. This gives Coinbase a market cap of over $67.8 billion. Coin...

Retail giant Marks & Spencer says cybercriminals have obtained sensitive personal information from its customers after a sudden hack. The British company, valued at $9.67 billion with store locations in over 62 countries, acknowledged the hack to the London Stock Exchange. In a separate statement, a...

The DOJ handed down a prison sentence after the SEC’s social media was hacked to falsely announce bitcoin ETF approval, briefly sending crypto markets into overdrive. DOJ Sentences Hacker for SEC X Breach and Bitcoin ETF Hoax The U.S. Department of Justice (DOJ) announced on May 16 that a resident o...

The Federal Bureau of Investigation (FBI) is warning the public of an ongoing phishing scheme that preys on prospective victims by impersonating senior US officials. The agency says that since April, malicious actors have sent text messages and artificial intelligence (AI)-generated voice messages t...

A top 100 US bank just disclosed a data breach affecting the personal and confidential information of thousands of customers. In a filing with the Office of the Maine Attorney General, Arkansas-based Arvest Bank says it’s warning 7,537 people after a technical glitch enabled unauthorized account acc...

The bankrupt crypto exchange FTX plans to shell out $5.4 billion in a wave of payments to creditors at the end of the month. Eligible creditors will receive funds via BitGo or Kraken within 1-3 business days from May 30th, per a new press release from the exchange. FTX will make payouts from its $11...

A major cybersecurity incident at a fintech firm may have leaked sensitive personal and financial information of over 100,000 Americans. In a filing with the Office of the Maine Attorney General, Valsoft Corporation, which does business in the US as AllTrust Networks, says it learned of a data breac...

A man living in Phoenix, Arizona is heading to prison after allegedly using fraudulent accounts at JPMorgan Chase, Wells Fargo, Bank of America and BBVA to launder millions of dollars. Investigators say US resident and Nigerian citizen Kingsley Ibhadore stole nearly $3 million in a romance scheme ta...