Federal Reserve targeted by ransomware gang: Claims of 33TB data theft

The Federal Reserve, the central banking system of the United States, is reportedly in negotiations with the ransomware gang LockBit following an alleged breach involving 33 terabytes of sensitive banking data. LockBit, notorious for its high-profile cyberattacks, listed the Federal Reserve on its leak site, demanding an undisclosed ransom by June 25 to prevent the […]

Car dealership cyberattack leads to lawsuits over data exposure

A massive cyberattack on CDK Global, a software provider for car dealerships, has sparked legal action as plaintiffs allege the company failed to protect their personal information. Legal action in response to the breach Yuriy Loginov, a Florida resident, filed a potential class-action lawsuit in the U.S. District Court in the Northern District of Illinois […]

Walmart to replace price labels with digital screens, assures no surge pricing

Walmart, the world’s largest retailer, announced plans to replace traditional sticker price tags with digital shelf labels (DSLs) across its 2,300 stores by 2026. This transition aims to enhance efficiency and improve the customer experience, though it has raised questions about potential surge pricing. Enhancing efficiency and customer service With over 120,000 products in each […]

Cyber Security Today, June 26, 2024 – New vulnerability in MOVEit, and a warning to WordPress administrators on poisoned plugins

A new vulnerability in MOVEit, a warning to WordPress administrators on poisoned plugins, and more. Welcome to Cyber Security Today. It’s Wednesday June 26th, 2024. I’m Howard Solomon, contributing reporter on cybersecurity for TechNewsday.com. Another vulnerability has been found in Progress Software’s MOVEit managed file transfer suite. Researchers at Tenable said Tuesday that a proof-of-concept […]