Czech Republic | Breaking Cybersecurity News | The Hacker News

T-Mobile is the latest in the list of recent high-profile data breaches, though this time the breach is not carried out by "Peace" - the Russian hacker who was behind the massive breaches in some popular social media sites including LinkedIn , MySpace , Tumblr , and VK.com . Instead, one of the T-Mobile's employees stole more than 1.5 Million customer records at the T-Mobile Czech Republic in order to sell it on for a profit, according to local media , MF DNES. Yes, the customer service staff member tried to sell the T-Mobile customer marketing database, though it is not clear that how much of names, e-mail addresses, account numbers and other personal data of over 1.5 Million customers the database contained. The T-Mobile Czech Republic has also refused to provide any "additional specific information" about what data was leaked, due to an ongoing police investigation. Although the company assured its customers that the stolen database did not contai...

Another Bitcoin Exchange hacked!  Bitcash. CZ based out of the Czech Republic has been hacked and Money from 4000 Bitcoin wallets have been Stolen, value of over 2 million Czech Koruna i.e. Approx $100,000. Bitcash.cz  is currently down with a maintenance message that on the evening of November 11, their server was compromised by unknown Hackers and  bitcoins from its clients were stolen. Hackers appear to have sent emails from Bitcash.cz email accounts pretending to be members of staff. The emails claim the company had to use a US recovery company to get back the bitcoins that have been stolen and recipients are then apparently asked to send 2 BTC to a wallet address in order for their bitcoins to be returned. " We are trying to resolve the situation, but we want to warn our users about fraudulent emails and scams [claiming to be from Bitcash] " site said on their Facebook page. Meanwhile, GBL, the Chinese Bitcoin exchange mysterio...

You can tell the story of the current state of stolen credential-based attacks in three numbers: Stolen credentials were the #1 attacker action in 2023/24, and the breach vector for 80% of web app attacks . (Source: Verizon). Cybersecurity budgets grew again in 2024, with organizations now spending almost $1,100 per user (Source: Forrester).  Stolen credentials on criminal forums cost as little as $10 (Source: Verizon). Something doesn't add up. So, what's going on? In this article, we'll cover: What's contributing to the huge rise in account compromises linked to stolen creds and why existing approaches aren't working.  The world of murky intelligence on stolen credentials, and how to cut through the noise to find the true positives. Recommendations for security teams to stop attackers from using stolen creds to achieve account takeover. Stolen credential-based attacks are on the rise There's clear evidence that identity attacks are now the #1 cyber threat f...