One cert, in plaintext, on thousands of devices, led to what looks like years of crime South Korea’s Ministry of Science and ICT has found that local carrier Korea Telecom (KT) deployed thousands of badly secured femtocells, leading to an attack that enabled micropayments fraud and snooping on customers’ communications – maybe for years.… READ MORE HERE…

There’s more where that came from, CEO says Rogue insiders suspected of taking bribes to hand over Coinbase customer records to criminals are beginning to face justice, according to CEO Brian Armstrong.… READ MORE HERE…

Former staffer of Korean e-tailer Coupang accessed 33 million records but may have done less damage than feared Korean e-tailer Coupang claims a former employee has admitted to improperly accessing data describing 33 million of its customers, but says the accused deleted the stolen data.… READ MORE HERE…

The human harms of cyberattacks piled up this year, and violence expected to increase The knock-on, and often unintentional, impacts of a cyberattack are so rarely discussed. As an industry, the focus is almost always placed on the economic damage: the ransom payment; the cost of business downtime; and goodness, don’t forget those poor shareholders.… READ MORE HERE…