U.S. government software provider SolarWinds Worldwide LLC is being sued by shareholders in a class action lawsuit following the revelation in December that the company’s Orion software had been hacked. The lawsuit alleges that SolarWinds, former President and Chief Executive Officer Kevin Thompson and Chief Financial Officer Barton Kalsu made “false and/or misleading” statements in regulatory filings ...

Cryptocurrency and related firms have come out against a proposal from the U.S. Treasury Department’s Financial Crimes Enforcement Network that would require any company dealing with digital currency to gather information on the identities of counter-parties. The proposal, published Dec. 23, would require banks and money service businesses to submit reports, keep records and verify ...

Security researchers have found more than 500,000 leaked credentials tied to leading gaming companies for sale on the dark web, the corner of the internet known for illicit activity. Detailed today by researchers at Kela Research and Strategy Ltd., the leak of the credentials related to employees at leading games companies along with nearly 1 million ...

The U.S. Office of the Comptroller of the Currency has given the green light to national banks and federal savings institutions to use public blockchains and stablecoins for settlement, a decision that could result in a huge boost to the sector. The ruling was delivered by an interpretive letter released today that clarified that national banks ...

T-Mobile USA Inc. has suffered another data breach, its fourth since 2018, resulting in the theft of some information relating to customer accounts. Described by the company as a “security incident,” the hack is said to have involved “malicious, unauthorized access” to some information related to T-Mobile accounts. The information stolen is described as “customer ...

It’s often said that history repeats itself but fortunately for bitcoin investors it has yet to do so, as the cryptocurrency continuing to surge to record highs over the New Year’s weekend period. Bitcoin continues to break records, surging through the $30,000 mark on Saturday, having previously passed through $28,000 Dec. 27. The rally didn’t ...

Samsung Electronics Co. Ltd. has officially scheduled an “Unpacked” event for Jan. 14 to launch its latest line of flagship smartphones. The naming of Samsung flagship phones is open to speculation given that the Korean giant abandoned its previous consecutive numbered naming convention in 2020 with the launch the S20 range. But the company is ...

A serious security vulnerability has been discovered in firewalls, virtual private network gateways and access point controllers manufactured by Zyxel Communications Corp. Detailed last month by security researchers at Dutch cybersecurity firm Eye Control, the vulnerability is believed to affect more than 100,000 devices manufactured by the company, according to a report Saturday on ZDNet. The vulnerability involves ...

The extent of the hack of SolarWinds WorldWide LLC continues to expand, as a report Saturday suggested it spread across hundreds of networks. The hack, which according to Microsoft Corp. involved two advanced persistent threat groups likely from two different countries but mainly Russia, is said by The New York Times to be much further-reaching than initially believed. ...

Being a victim of hacking and hacking others as well is a rare combination, but U.S. ticket sales company Ticketmaster Entertainment Inc. has managed to do both. Ticketmaster’s U.K. division was hacked in 2018 in one of the earliest recorded Magecart attacks, with names, addresses, email addresses, telephone numbers, payment details and Ticketmaster login details stolen. ...