Tag: employee
TELUS Investigating Leak of Stolen Source Code, Employee Data
While BleepingComputer has been unable to confirm the veracity of threat actor’s claims just yet, the small sample set posted by the seller does have valid names and email addresses corresponding to present-day TELUS employees, particularly software developers and technical staff. By Tuesday, February 21, the same threat actor had created another forum post — this time offering to sell TELUS’ private GitHub repositories, source code, as well as the company’s payroll records. The seller further boasts that the stolen source code contains the company’s “sim-swap-api” that will purportedly enable adversaries to carry out SIM swap attacks.
Read more of this story at Slashdot.
EU Commission bans TikTok from employee devices over cybersecurity fears
Sega arrives late to Japan’s pay-hike party, bumping employee salaries by 30%
Investments in technology positively affect the employee experience
ASML Says Ex-China Employee Stole Chip Data
The security incident comes at a sensitive time for ASML and the government of the Netherlands which has been caught in the middle of a battle for tech supremacy between the U.S. and China. Semiconductors are very much part of that rivalry. ASML holds a unique position in the chip supply chain. The company makes a tool called an extreme ultraviolet lithography machine that is required to make the most advanced semiconductors, such as those manufactured by TSMC. ASML is the only company in the world that produces this piece of kit. The U.S. is worried that if ASML ships the machines to China, chipmakers in the country could begin to manufacture the most advanced semiconductors in the world, which have extensive military and advanced artificial intelligence applications. “With ASML’s unique position and the growing geopolitical tensions in the semiconductor industry, we see increasing security risk trends, ranging from ransomware and phishing attacks to attempts to acquire intellectual property or disrupt business continuity,” a spokesperson for the company said.
Read more of this story at Slashdot.
A major global chipmaking supplier claims an employee stole manufacturing secrets
ASML, one of the largest suppliers to the global semiconductor industry and the only supplier of extreme ultraviolet (EUV) lithography photolithography machines, has revealed that a former employee in China stole information pertaining to its proprietary technology in a data breach. Within its recently published 2022 annual report, the Dutch tech firm said it had discovered “unauthorized misappropriation of data” that was promptly investigated in an internal review.
ASML is a significant cornerstone of the global technology supply chain, controlling over 90 percent of the global market for chipmaking lithography equipment as of 2021, according to a study by Gartner (seen via Bloomberg). More crucially for anyone with a fancy phone or…
Reddit gets hacked after employee falls victim to phishing attack
Former Coinbase employee pleads guilty to insider trading charges
A former product manager at Coinbase has pleaded guilty to two counts of conspiracy to commit wire fraud in what’s believed to be the first crypto-related insider trading case in the US. Ishan Wahi initially pleaded not guilty last year.
Federal prosecutors claim that, on at least 14 occasions, Wahi shared confidential information with his brother Nikhil Wahi and friend Sammer Ramani about cryptocurrencies that Coinbase was planning to let its users trade so the pair could buy them in advance. Once Coinbase announced that it would list the tokens, their values rose. Nikhil Wahi and Ramani are said to have then sold the assets to make a profit. The scheme allegedly generated north of $1.5 million in ill-gotten gains.
Ramani has not been apprehended. Nikhil Wahi pleaded guilty to a wire fraud conspiracy charge in September and was last month sentenced to 10 months in prison. Ishan Wahi faces a prison sentence of between 36 and 47 months as part of his plea deal, according to Reuters. He’ll be sentenced in May.
Along with the criminal charges, Wahi faced a civil lawsuit from the Securities and Exchange Commission. He asked a judge this week to dismiss the suit, having claimed that the cryptocurrency tokens in question are not securities, meaning they would not be subject to SEC regulation.
How to Revive Employee Engagement This Spring
Although the early months of the year are associated with starting new habits, maintaining these can be especially difficult. In…
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