Microchip Technology Reports $21.4M Expense From August Cyberattack

Microchip Technology revealed a $21.4 million cost incurred from a cyberattack in August 2024 in its quarterly report. SVP and CFO Eric Bjornholt stated that most of the expenses were due to the underutilization of factories caused by the incident.

Updates: Halliburton Incurs About $35M in Expenses Related to August 2024 Cyberattack

Halliburton incurred $35 million in expenses due to a cyberattack in August 2024. The attack affected the company's ability to invoice customers and collect receivables, resulting in system outages.

Nigerian Man Sentenced to Over 26 Years in Real Estate Phishing Scams

Nigerian Kolade Ojelade, a resident of the UK, has been sentenced to 26 years in a US prison for conducting phishing scams. He used a "man-in-the-middle" email phishing and spoofing attack to compromise the email accounts of real estate businesses.

Suspect Behind Snowflake Data-Theft Attacks Arrested in Canada

The investigations by Snowflake, Mandiant, and CrowdStrike revealed that an attacker known as UNC5537 utilized stolen customer credentials to target organizations that lacked multi-factor authentication protection on their Snowflake accounts.

Massive Nigerian Cybercrime Bust Sees 130 Arrested

In a massive law enforcement operation, the Nigeria Police Force (NPF) has arrested 130 individuals over cybercrime accusations. Prince Olumuyiwa Adejobi, the NPF public relations officer, announced the arrests on X on November 3.

South Korean Authorities Fine Meta $15.6 Million for Sharing User Data with Advertisers

South Korea's Personal Information Protection Commission (PIPC) found that Meta compiled sensitive information, like religious affiliations and same-sex marital status, and provided it to advertisers.

Operation Synergia II Sees Interpol Swoop on Cybercriminals

Interpol's Operation Synergia II resulted in 41 arrests and the seizure of hardware used for criminal activities around the world. Working with various partners, the operation targeted cybercriminals engaging in phishing, ransomware, and data theft.

International Law Enforcement Operation Shut Down DDoS-for-Hire Platform Dstat.cc

The two suspects, aged 19 and 28, from Darmstadt and Rhein-Lahn, were arrested for allegedly managing criminal infrastructure for DDoS attacks and drug trafficking purposes.

Sophos Mounted Counter-Offensive Operation to Foil Chinese Attackers

Sophos research uncovered adversarial tactics including the Cloud Snooper backdoor, Asnarök botnet campaign, UEFI bootkit exploits, and the CVE-2022-1040 zero-day vulnerability, all intercepted before harming targeted organizations.

Redline, Meta Infostealer Malware Operations Seized by Police

The Dutch National Police, in collaboration with the FBI and other international agencies, have successfully gained full access to the servers used by the Redline and Meta infostealers.

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