Payroll services provider UKG is set to settle a class-action lawsuit for up to $6m following a 2021 ransomware attack on its cloud service that affected firms like Tesla and Whole Foods. The lawsuits, levelling claims around negligence, contract breach, and privacy law violations, mean those impacted by the attack could receive up to $7,500 each. Meanwhile, around $1.5m is set to go into improving UKG’s cyber defences.
Bitcoin holds steady as hackers drain over $40 million from CoinCDX, India’s top exchange
Kri reports: Bitcoin (BTC) has remained resilient in its price action following another cryptocurrency exchange hacking incident, this time involving India’s CoinDCX. … The calm in Bitcoin’s