Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Attacks/Breaches

9/4/2018
03:40 PM
50%
50%

Investor Sues AT&T for Cryptocurrency Theft Losses

The victim of cybercurrency theft blames the carrier for failing its security obligations.

A cryptocurrency investor who lost $24 million to theft through his AT&T cell phone account has filed a lawsuit seeking $224 million from the communications firm. In the suit, Michael Terpin accuses AT&T of "…willing cooperation with the hacker, gross negligence, violation of its statutory duties, and failure to adhere to its commitments in its Privacy Policy."

Terpin, who has been hit by two attacks in seven months, says that the first attacker was aided by an AT&T insider, who provided his account details to the thief. AT&T disputes Terpin's account and, in a statement, said that the company looks forward to presenting its case in court.

Terpin co-founded an angel group for bitcoin investors called BitAngels in 2013 and a digital currency fund, the BitAngels/Dapps Fund.

Read more here.

 

 

Black Hat Europe returns to London Dec 3-6 2018  with hands-on technical Trainings, cutting-edge Briefings, Arsenal open-source tool demonstrations, top-tier security solutions and service providers in the Business Hall. Click for information on the conference and to register.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
US Turning Up the Heat on North Korea's Cyber Threat Operations
Jai Vijayan, Contributing Writer,  9/16/2019
MITRE Releases 2019 List of Top 25 Software Weaknesses
Kelly Sheridan, Staff Editor, Dark Reading,  9/17/2019
7 Ways VPNs Can Turn from Ally to Threat
Curtis Franklin Jr., Senior Editor at Dark Reading,  9/21/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
7 Threats & Disruptive Forces Changing the Face of Cybersecurity
This Dark Reading Tech Digest gives an in-depth look at the biggest emerging threats and disruptive forces that are changing the face of cybersecurity today.
Flash Poll
The State of IT Operations and Cybersecurity Operations
The State of IT Operations and Cybersecurity Operations
Your enterprise's cyber risk may depend upon the relationship between the IT team and the security team. Heres some insight on what's working and what isn't in the data center.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-16703
PUBLISHED: 2019-09-23
admin/infolist_add.php in PHPMyWind 5.6 has stored XSS.
CVE-2019-16704
PUBLISHED: 2019-09-23
admin/infoclass_update.php in PHPMyWind 5.6 has stored XSS.
CVE-2019-16702
PUBLISHED: 2019-09-23
Integard Pro 2.2.0.9026 allows remote attackers to execute arbitrary code via a buffer overflow involving a long NoJs parameter to the /LoginAdmin URI.
CVE-2019-16695
PUBLISHED: 2019-09-22
phpIPAM 1.4 allows SQL injection via the app/admin/custom-fields/filter.php table parameter when action=add is used.
CVE-2019-16696
PUBLISHED: 2019-09-22
phpIPAM 1.4 allows SQL injection via the app/admin/custom-fields/edit.php table parameter when action=add is used.