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SHEIN Notifies Customers Who May Have Been Affected By Data Breach

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SHEIN

NEWS PROVIDED BY

SHEIN 

Sep 21, 2018, 18:02 ET

BERLIN, Sept. 21, 2018 /PRNewswire/ — On August 22, 2018, SHEIN became aware that certain personally identifiable information of its customers was stolen during a concerted criminal cyberattack on its computer network. Immediately upon becoming aware of this potential theft, SHEIN hired a leading international forensic cybersecurity firm as well as an international law firm to conduct a thorough investigation.

While the full extent of the attack will continue to be investigated, it can now be confirmed that the personal information illegally acquired by the intruders included email addresses and encrypted password credentials of customers who visited the company website. It is our understanding that the breach began in June 2018 and continued through early August 2018 and involves approximately 6.42 million customers. SHEIN may update this information at a later date based on any new findings.

During the investigation, SHEIN and its IT staff, as well as its cybersecurity investigators, will continue to closely monitor the network and servers so future breaches can be prevented. In addition, SHEIN servers have been scanned and malware found on the servers has been removed. “Back door” entry points to the servers opened by the attackers have been closed and removed.

SHEIN is in the process of notifying the proper authorities and its customers who may have been affected. SHEIN is sending customer notices that provide instructions for resetting passwords through the website. The resetting of passwords will help ensure the security of the site and customer purchases.

At SHEIN, we value our customer’s safety and security above all else, and for this reason we are offering one year of identity theft monitoring to affected customers in certain markets. We will remain vigilant as we complete the investigation and implement new safeguards to prevent any future breaches.

For more information regarding the investigation and the actions SHEIN is taking to protect customer information, please refer to our FAQ at www.shein.com/datasecurity or contact us at 844-802-2500.

SOURCE SHEIN

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MICROSOFT IS IN TERMS TO BUY SPEECH TECHNOLOGY COMPANY NUANCE COMMUNICATIONS FOR ABOUT $16 BILLION, OR $56 A SHARE, A 23% OVERPAYMENT TO NUANCE’S FRIDAY CLOSE, According to Sources (BLOOMBERG)

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MICROSOFT IS IN TERMS TO BUY SPEECH TECHNOLOGY COMPANY

Bloomberg:

According to sources, Microsoft is in advanced talks to acquire Nuance Communications, a provider of speech technology, for about $16 billion, or $56 per share, a 23% premium to Nuance’s Friday close. The proposed price would value Nuance at $56 per share. This week could see the announcement of a deal.

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Nine widely used WiFi routers had 226 vulnerabilities.

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Nine widely used WiFi routers had 226 vulnerabilities.

Even when using the most recent firmware, security researchers examined nine widely used WiFi routers and discovered a total of 226 possible vulnerabilities in them.

Millions of people use the tested routers, which are made by Asus, AVM, D-Link, Netgear, Edimax, TP-Link, Synology, and Linksys.

The TP-Link Archer AX6000, which has 32 problems, and the Synology RT-2600ac, which has 30 security flaws, are the two devices with the most vulnerabilities.

The examination process
In partnership with CHIP magazine, researchers at IoT Inspector conducted security tests with a focus on models primarily used by small businesses and residential users.

According to Florian Lukavsky, CTO & Founder at IoT Inspector, “vendors provided them with current models, which were upgraded to the newest firmware version, for Chip’s router review.”

“IoT Inspector automatically examined the firmware versions and searched for more than 5,000 CVEs and other security flaws.”

Although not all defects posed the same risk, the researchers discovered a few widespread issues that impacted the majority of the evaluated models:

The firmware contains an outdated Linux kernel.
stale VPN and multimedia features
over-reliance on BusyBox’s earlier iterations
weak default passwords like “admin” are used
Hardcoded credentials are present in plain text.
Changing the router’s default password when configuring it for the first time is one of the most crucial steps you can take to secure it, according to Jan Wendenburg, CEO of IoT Inspector.

Whether an IoT device is used at home or in a corporate network, changing the password upon first use and turning on automatic updates must be regular procedure, according to Wendenburg.

In addition to manufacturer-introduced vulnerabilities, utilising an IoT device with the adage “plug, play, and forget” poses the greatest risk.

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MASSACHUSETTS COURT SUPPORTS A REQUEST FROM THE IRS TO OBTAIN THE RECORDS OF ALL CIRCLE CUSTOMERS WHO HAD $20K+ IN CRYPTO TRANSACTIONS BETWEEN 2016 AND 2020 (ZACK SEWARD/COINDESK)

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MASSACHUSETTS COURT

Massachusetts court supports a request from the IRS to obtain the records of all Circle customers who had $20K+ in crypto transactions between 2016 and 2020  —  A Massachusetts court is supporting a request from the IRS to obtain the records Circle customers, the Department of Justice said.

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