Tag: spokesperson

COVID-19 market turmoil tests NYSE’s shutdown circuit-breakers

For the second time this week trading on the New York Stock Exchange halted for 15 minutes this morning when a market drop triggered the exchange’s internal circuit breaker, shortly after 9:30am. The control, part of the NYSE’s automatic provisions to pause trading, has been put to the test since…

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Talkspace threatened to sue a security researcher over bug report

A security researcher said he was forced to take down a blog post describing an apparent bug in Talkspace’s website that gave him a year’s subscription for free, after the company rejected his findings and sent the researcher a legal threat. John Jackson said he was able to sign up…

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J.Crew says a hacker accessed some customer accounts

Clothing giant J.Crew said an unknown number of customers had their online accounts accessed “by an unauthorized party” almost a year ago, but is only now disclosing the incident. The company said in a filing on Tuesday with the California attorney general that the hacker gained access to the customer…

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Robinhood will offer “case-by-case” compensation for its outage on the day markets gained $1.1 trillion

Robinhood, the popular trading app with a purported 10-million-strong user base and a $7.6 billion valuation, said it will offer compensation for yesterday’s outage on a case-by-case basis, according to a company spokesperson. The company issued a statement early Tuesday documenting that the outage began at around 9:30 AM Eastern…

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Legal services giant Epiq Global offline after ransomware attack

Legal services giant Epiq Global has been hit by a ransomware attack. The law firm, which provides legal counsel and administration that counts banks, credit giants, and governments as customers, confirmed the attack hit on February 29. “As part of our comprehensive response plan, we immediately took our systems offline…

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Visser, a parts manufacturer for Tesla and SpaceX, confirms data breach

A precision parts maker for space and defense contractors has confirmed a “cybersecurity incident,” which TechCrunch has learned was likely caused by ransomware. Visser Precision, a Denver, Colorado-based manufacturer, makes custom parts for a number of industries, including automotive and aeronautics. In a brief statement, the company confirmed it was…

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