Sentences with phrase «in cyber theft»

Japanese cryptocurrency exchange Coincheck has admitted the loss of $ 533 million in NEM tokens from its digital wallets in a cyber theft that surpasses the Mt Gox collapse and which will go down in history as the biggest hack in history.

Not exact matches

«Although this would require cyber criminals to target individual cards and wouldn't result in large scale breaches or theft like we have seen in the U.S., the payment technology used won't protect against retailers who aren't storing payment card data securely, and they will still need to be vigilant in protecting stored data,» Candid Wüest, threat researcher at Symantec Security Response, said.

In March, federal prosecutors charged two Russian intelligence agents and two hackers with masterminding a 2014 theft of 500 million Yahoo accounts, the first time the U.S. government has criminally charged Russian spies for cyber crimes.

Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.

Prosecutors say Shalon, together with Maryland - born Joshua Samuel Aaron, orchestrated cyber attacks that resulted in the theft of information from more than 100 million people.

Yahoo said on Thursday that information for at least 500 million user accounts was stolen from its network in 2014 by what it believed was a state - sponsored actor, a theft that appeared to the biggest cyber breach ever.

Target disclosed the cyber attack in December, revealing the theft of at least 40 million payment card numbers and 70 million other pieces of customer data.

With is Security Study published in 2012, Alliance Research chronicled what firms were seeing as threats to it private clients, as we cited acute threats such as cyber security and travel, to unknown threats such as identity theft, to chronic threats such as health, travel, and reputation management and even sustainability.

But there are new concerns about the long - term consequences of «sharenting» in terms of cyber security and identity theft.

The tuition plan joins additional policy proposals rolled out by Cuomo this month, including a tax credit program to make childcare more affordable, investments in JFK Airport and charging infrastructure for electric cars and stronger safeguards against wage theft, cyber threats and the financial exploitation of senior citizens.

«Yes, America has a legitimate concern about cyber hacking and trade secrets theft,» says Brian Sun, a trial lawyer with Jones Day in Los Angeles, California, who represented Lee in a successful civil suit against the U.S. government.

In December, cyber criminals stole $ 3 million from an eastern New York school district during a series of quiet online thefts.

In doing so, people are tricked into giving this information directly to cyber criminals, who, in turn, use it for identity theft, financial theft or other cybercrimeIn doing so, people are tricked into giving this information directly to cyber criminals, who, in turn, use it for identity theft, financial theft or other cybercrimein turn, use it for identity theft, financial theft or other cybercrimes.

In fact, the need for privacy has grown in the face of deceptive practices online, such as identity theft and cyber bullyinIn fact, the need for privacy has grown in the face of deceptive practices online, such as identity theft and cyber bullyinin the face of deceptive practices online, such as identity theft and cyber bullying.

The research, undertaken by cloud data intelligence company OnDMARC, comes in the wake of recent reports that UK law firms saw an unprecedented 45 cases of cyber theft in the first quarter of 2017.

Our advice included: advising the company on the full range of applicable consumer financial services and bank regulatory laws in an effort to ensure efficient and compliant product and service development; the successful defense of a confidential state regulatory inquiry into certain business practices; and negotiating a private resolution to private, civil claims of alleged trademark infringement and cyber theft.

Additionally, recognizing that a cyber - or privacy - related development can expand to encompass a number of other significant legal issues, our group works hand - in - glove with attorneys in our White Collar Defense, Regulatory and Investigations, Securities Litigation, Complex Commercial Litigation, Business Finance & Restructuring and Employment Litigation practices, among others, to address subsequent risks such as government or regulatory inquiries, shareholder, consumer, or employee class action litigation, trade secrets theft, funding or financial issues, and disputes with vendors, service providers and other third parties.

Since cyber threats and cyber theft do happen, it is important that businesses possess the capabilty to respond well - this includes having a plan in place to respond to the incident swiftly, professionally and with minimal impact.

He is an Editor and Co-author of «Cyber Security Strategy for Litigation and Compliance,» which is the first book in the Japanese legal marketplace discussing multi-stakeholder risk management strategies relating to external cyber-attacks and insider cyber trade secret theft.

Its website outlines work done in copyright, privacy, telecom policy, electronic surveillance, open information, digital expression, cyber spam and security, identity theft, accessibility and consumer protection.

However, we now see an increase in work such as extradition, international money laundering, cyber - crime including fraud, identity theft and extortion.

In an age where identity theft and cyber crime are on the rise motorists can't be too careful.

Our team brings unique experience in handling the complexities of cyber attacks and cyber crime, and can help ensure you're protected in the event of a data breach, IT damages or theft of sensitive company information.

The «Individual Cyber Safe Policy» launched by Bajaj Allianz will cover the individuals against any financial loss, IT theft loss, prosecution cost, defence cost, restoration cost, etc., caused by cyber crime.This policy works exactly like any other policy, where you are required to pay premium instalments at periodic intervals and you receive an insurance cover in return.

With identity theft and data breaches on the rise, it's more important than ever to invest in cyber crime insurance for your business.

Only 22 % of small businesses have a response plan in place if a cyber breach occurs, which isn't a great statistic considering there were 5,116 identity theft complaints in Massachusetts in 2014.

There were 5,116 identity theft complaints in Massachusetts in 2014 — the 25th highest for complaints in the U.S. Only 22 % of small businesses have a response plan in place for cyber crimes.

«There are modified cyber crime insurance policies that cover theft or loss of cryptocurrency that are custodied by a given entity, like an exchange,» said Marshall Swatt, founder of the New York bitcoin exchange Coinsetter, which got acquired by the San Francisco - based exchange Kraken in 2016.

The exchange will be insured by Mitsui Sumitomo Kaika Kaisha Insurance Co., Ltd. to protect against cyber attacks and theft, which was introduced to the country back in November.

Until then, you can read about why you'll definitely want a VPN when high in the sky, as I explored in my recent article entitled: «In - flight Wi - Fi the latest attack vector for cyber theft requires VPN protection.&raquin the sky, as I explored in my recent article entitled: «In - flight Wi - Fi the latest attack vector for cyber theft requires VPN protection.&raquin my recent article entitled: «In - flight Wi - Fi the latest attack vector for cyber theft requires VPN protection.&raquIn - flight Wi - Fi the latest attack vector for cyber theft requires VPN protection.»

The Japanese cryptocurrency exchange suffered one of the world's biggest cyber thefts earlier this month after losing around $ 530 million in NEM.

Ongoing demand for investigative services will continue with the rise in cyber crimes, identity theft, and credit card fraud, leading to opportunities in the legal services industry.

In an age of identity theft and cyber fraud, hacking does not exactly conjure up positive images.