Breach Archives -
Nissan’s ex-Chairman Carlos Ghosn was charged Friday with breach of trust, according to the Tokyo District Court, making the star executive’s release unlikely for months.
Ghosn, arrested Nov. 19, was earlier charged with falsifying financial reports in underreporting his income by about 5 billion…
Personal data and documents on hundreds of German politicians and others have been posted online, and German cyber-defense experts were trying to figure out Friday how the information was obtained, per the AP . The data breach hit politicians at all levels—including the European, German, and state parliaments as well…
Marriott, the world’s largest hotel company, said it identified a data breach in its Starwood reservation system that may have exposed the personal information of up to 500 million guests.
WSJ.com: US Business
The information of as many as 500 million people staying at Starwood hotels has been compromised and Marriott said Friday that it’s uncovered unauthorized access that’s been taking place within its Starwood network since 2014.
The company said that credit card numbers and expiration dates of some…
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
The trade.io security team was alerted to a large transaction originating from our wallet holding 50M Trade Tokens (TIO) owned by trade.io reserved for the liquidity pool. Immediately following the alert, our trade monitoring observed abnormal trading of TIO on external exchanges. These exchanges were immediately alerted to disable deposits/withdrawals and trading of TIO, and our security team began its investigation. The responsiveness by the various teams within trade.io prevented the situation from deteriorating and helped quarantine the issue.
At no point was the trade.io exchange or liquidity pool accessed or affected, and both remain operational. The breach was limited to one particular hardware wallet that was purchased directly from the manufacturer. Consequently, no customer accounts were directly affected, or customer funds lost. Investigations are ongoing, but have so far concluded that there was no technical hack on the cold storage unit, and trade.io systems remain secure and unbreached. There is also nothing to indicate theft by internal actors.
Along with the management team, both KuCoin and Bancor responded promptly and are assisting trade.io in our investigation and have taken steps to quarantine the associated transactions.
We are actively taking steps to further lock down the situation, and prevent any other potential impact.
As a result of the incident, trade.io Management has decided to fork TIO. The name of the forked token will be Trade Token X with the ticker TIOx, similar to TIO it will be an ERC-20 token. Details of the fork are expected to be released soon.
Lastly, while this security breach has been an inconvenience, we are happy to report again that no client assets were lost and we’re pleased with how efficient and responsive our entire team acted following the breach. We’ve been overwhelmed with the positive response from our clients which we affectionately call TIOnauts, and can’t thank them enough for their support and well wishes as we continue this special movement.
Contact Email Address
This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
The post PR: trade.io Effectively Contains Breach of Cold Storage Wallet and Protects TIO Holders appeared first on Bitcoin News.
Anthem Inc., the second-largest health insurer in the United States, has agreed to pay a record $ 16 million to settle potential privacy violations in the biggest healthcare hack in the nation’s history, federal officials said Monday.
The personal information of nearly 79 million people — including…
About half of Americans in 2016 didn’t trust social media sites to keep safe tabs on their data. The Pew Research Center reposted that fact Friday with the latest Facebook news: The site has discovered a breach that affected about 50 million users, reports the New York Times . The company…
Nearly 50 million Facebook accounts have been affected by a security breach that enabled hackers to take over users’ accounts, the social media giant announced Friday.
The new breach comes as Facebook strives to convince its more than 2 billion users that it can be trusted. It is grappling with…
Ride-hailing app company Uber Technologies has reached a nationwide settlement to pay a $ 148 million penalty to settle allegations it intentionally concealed a 2016 data breach.
WSJ.com: US Business
A Texas company says one of its pipelines has spilled more than 8,000 gallons of jet fuel into a river in the northeastern Indiana city of Decatur. Houston-based Buckeye Pipe Line says it immediately shut down the line Friday evening when it detected a pressure problem. The fuel spilled…