A former Microsoft Corp. engineer has been sentenced to nine years in prison for stealing $10 million in digital currency. Ukrainian national Volodymyr Kvashuk worked at Microsoft at its head office in Redmond, Washington, starting in 2016 before he was fired in June 2018 and then arrested the next month. Kvashuk worked on Microsoft’s online sales platform, where he used ...

Ransomware is best known for targeting the Microsoft Windows operating system, but a new version of the RandomEXX ransomware has been found that targets Linux systems. Detected and publicized Nov. 6 by security researchers at Kaspersky Lab, the Linux build of RansomEXX is described as a highly targeted Trojan that includes a hard-coded name of the targeted organization. ...

Data relating to more than 10 million hotel reservations has been found online in the latest case of cloud storage misconfiguration. Discovered by researchers at Website Planet, which wrote about it Nov. 6, the database was found exposed on a misconfigured Amazon Web Services Inc. S3 bucket belonging to Prestige Software S.L., a Spanish company that specializes ...

Samsung Electronics Co. Ltd. has surpassed rival Apple Inc. to become the highest-selling smartphone maker in the U.S. for the first time in three years. The data, from Strategy Analytics Inc. and first reported by The Korea Herald, has Samsung accounting for 33.7% of the U.S. smartphone market from July to September, up 6.7% over the ...

Shares in Zoom Video Communications Inc. plunged today on news that a COVID-19 vaccine may be available soon, but it wasn’t all bad news as the videoconferencing company settled a dispute with the U.S. Federal Trade Commission. Zoom has been a standout company and stock during the pandemic as hundreds of millions of people have been ...

Operations at Italian drinks maker Davide Campari-Milano S.p.A., best known simply as Campari, were knocked offline last week following a ransomware attack. The attack, officially described by the company as a malware attack, was detected Nov. 2 and caused the encryption of certain data on some of the company’s servers. “We acknowledge that there has been ...

Japanese video game developer Capcom Co. Ltd. has suffered a cyberattack that enabled unknown hackers to gain access to its internal emails and file servers. The attack, discovered Nov. 2, is described only as “due to unauthorized access carried out by a third party,” halting some operations of the company’s internal networks. Capcom expressed “deepest regret” ...

The long-anticipated antirust lawsuit from the U.S. Federal Trade Commission against Facebook Inc. could come before the end of November, according to a new report from Politico. Friday’s report, citing three people familiar with the matter, says the FTC has decided to handle the case internally, a move that may make it easier to win. That ...

Airbnb Inc. is planning to make its initial public offering registration public as early as next week ahead of a float in December, according to a report today from Reuters. Citing people familiar with the matter, Reuters says Airbnb is planning to kick off an investor roadshow in December as well as setting an IPO price range, ...

The U.S. Department of Justice has seized more than $1 billion in bitcoin and other cryptocurrencies linked to defunct dark web marketplace Silk Road seven years after it shut the site down and arrested its founder. The Silk Road funds, totaling 69,370 bitcoin and equivalent amounts in forked cryptocurrencies Bitcoin Cash, Bitcoin Gold and Bitcoin SV ...