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Security news for November 19 2021: Canadian teen nabbed in $36.5M crypto heist

isaac_noko ✭✭
edited November 2021 in This Week in Security News

Here is your round-up of the most interesting cybersecurity headlines for the week of November 19, 2021: 

Banks ordered to promptly flag cybersecurity incidents under new U.S. rule

 U.S. banking regulators on Thursday finalized a rule that directs banks to report any major cybersecurity incidents to the government within 36 hours of discovery.

Canadian teen nabbed in $36.5M crypto heist – possibly the biggest haul yet by a single individual

A Canadian teenager has been arrested for allegedly stealing $37 million worth of cryptocurrency ($46M Canadian) via a SIM swap scam, making it the largest virtual cash heist affecting a single person yet, according to police.

California Pizza Kitchen spills over 100,000 employee Social Security numbers

California Pizza Kitchen (CPK) has revealed a data breach that exposed the Social Security numbers of more than 100,000 current and former employees.

Hackers Possess Secrets Required to Unlock PS5

A hacking group dubbed Fail0verflow claims to have obtained the root encryption keys for PlayStation 5 (PS5). Possession of these keys is said to be the first step to unlock a gaming console that allows the installation of homebrew software. 

And as always please comment down below and let us know your thoughts on this week's headlines. Or if you have any interesting infosec or cybersecurity-related news please share the links in the comments.