North Korea has used cyberattacks and blockchain technology to circumvent economic sanctions and obtain foreign currency, according to a panel of experts reporting to the U.N. Security Council.
Pyongyang has amassed around $670 million in foreign and virtual currency through cyberthefts and used blockchain technology to cover its tracks, the panel told the Security Council’s North Korea sanctions committee, ahead of the council’s annual report, Nikkei has learned.
The union representing faculty at Algonquin College has filed a grievance against the school after a recent data breach.
Ontario Public Service Employees Union (OPSEU) local 415, which represents faculty at the school, wants Algonquin College to disclose the exact nature of the information that was accessed in last month’s phishing attack — and take steps to protect any faculty whose personal information is used illegally.
The only assurance that the college has given the union is that no social insurance numbers were lost, said Pat Kennedy, the union’s local president.
When we hear about discovery abuses in litigation, we often think of overzealous lawyers using obstructionist tactics. Such behavior, however, rarely involves litigants hacking into the email of an adversary or accessing privileged attorney-client communications that disclose litigation strategies.
But in a unanimous ruling last week, a New York state appeals court found that a litigant’s “improper and willful” misconduct – which included “improperly accessing approximately 12,000 of defendant’s privileged attorney/client communications … [and] deleting relevant documents” – justified the dismissal of an assault and battery lawsuit.
Twenty-five years ago, Facebook, Google, and Amazon didn’t exist. Now they are among the most valuable and well-known companies in the world. It’s a great story — but also one that highlights why the government must break up monopolies and promote competitive markets.