Smashing Security podcast #387: Breaches in your genes, and Kaspersky switcheroo raises a red flag

From family tree to jail cell? A hacker is alleged to have exploited information on genealogy websites to steal millions from public companies. Meanwhile, Kaspersky’s US customers are wondering – what on earth is UltraAV?

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British man used genealogy websites to fuel alleged hacking and insider trading scheme

A London-based man is facing extradition to the United States after allegedly masterminding a scheme to hack public companies prior to their earnings announcements and use the secrets he uncovered to make millions of dollars on the stock market.

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Learn how to identify good buys and spot trends in the stock market with the Tykr Stock Screener Lifetime Subscription and Top Tools for Better Stock Picking course. Continue reading Day Trader? Improve Your Odds With This $120 Bundle, on Sale Now!

Locks, Stocks and Brokers: Hackers and Insider Trading

On February 14, 2023, a Russian national and owner of Moscow cybersecurity firm M-13 was found guilty of wire fraud, securities fraud and conspiracy to obtain unauthorized access to computers. Vladislav Klyushin was charged along with four other men — Ivan Yermakov, Nikolai Rumiantcev, Mikhail Irzak and Igor Sladkov. However, Klyushin was the only one […]

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Intel says financial graphic was ‘hacked,’ forcing early release of 2020 report

Even the leak of a single infographic can be a big deal for a major corporation. Intel Corp. had to act fast Thursday afternoon when it discovered that an infographic from its unpublished quarterly report had been circulating outside the company. As a result, the chipmaker posted those fourth quarter 2020 financial results a few minutes before the stock market closed at 4 p.m., instead of afterward. Chief Financial Officer George Davis told the Financial Times that the graphic had been “hacked” from the company’s public relations newsroom website. Intel has not specified who the thief might be, or where the graphic had been illicitly shared online. As financial cybercrime goes, the incident appears to be small and isolated, but it highlights the appeal of financial data — even a single page from a slide deck — to anyone inclined to use illicitly acquired information to get a leg up […]

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IPO all over again: McAfee prepares for return to Nasdaq

More than two decades since its last initial public offering, McAfee is planning another one. The Silicon Valley cybersecurity giant filed Monday for an IPO on the Nasdaq, a move that would separate the company from buyout firm TPG, which spun off McAfee from Intel in 2017. McAfee set a placeholder valuation of $100 million for the IPO, but the actual number is expected to be about $8 billion. There is no guarantee the company will have a successful IPO, or raise that amount of money, even as investors pour funds into public firms at a breakneck pace. The IPO market is nearing the end of the busiest third quarter for deals since 2000, the Wall Street Journal reported. Another company with cybersecurity interests, the big-data firm Palantir, is set to begin trading Wednesday on the New York Stock Exchange. Intel had acquired McAfee in 2010 for $7.7 billion. In 2017, TPG took a […]

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