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Two former execs of the company behind the Truth Social merger are caught up in a messy hacking lawsuit

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Two former execs of the company behind the Truth Social merger are caught up in a messy hacking lawsuit

Two former executives of the firm that recently purchased Truth Social are embroiled in a lawsuit related to the acquisition of Trump’s social media company, Wired reports. The former CEO of the Digital World Acquisition Corp. (DWAC) — the special purpose acquisition company that was created to purchase the Trump Media & Technology Group — is suing his successor for allegedly hacking his private accounts as part of a “coup d’etat.” 

The details are fairly messy. Patrick Orlando, the CEO of DWAC until March 2023, claims he was ousted by Eric Swider, a Trump Media board member who was appointed CEO immediately after Orlando was fired. (Swider served as CEO until March of this year.) Orlando filed the suit against Swider through the Benessere Investment Group, a company he controls, according to Wired’s report. 

After Orlando was fired, Swider enlisted his former personal assistant, Alexander Cano, to help him improperly gain access to Orlando’s accounts, the suit claims. Cano allegedly accessed an electronic storage account at Box.com tied to Benessere and ARC Global Investments II — a separate fund Orlando organized that provided financing for the deal to acquire Truth Social — that contained the login information for Orlando’s Mailchimp and DocuSign accounts, as well as his confidential files. Cano passed the “stolen information” along to Swider, the suit claims.

Per the suit, Swider then used Orlando’s Mailchimp account to email ARC II’s investors about the Truth Social deal after Orlando’s firing. “Mr. Orlando’s leadership has guided our common interests with DWAC directly into the arms of the SEC, the DOJ, lengthy delays and costly investigations,” Swider wrote, according to Wired. “By filing this lawsuit against DWAC, Mr. Orlando is destroying the value that may be realized upon consummation of the business combination by the Company and its members.” Swider also invited investors onto a series of Zoom calls to “understand our risk exposure based on leadership that continues to march us down a path of mis-information, hidden information, and self dealing.”

Orlando’s tenure at DWAC was indeed a rocky one. The proposed Trump Media-DWAC merger was delayed for years, due in part to probes by both the Securities and Exchange Commission and federal criminal investigators. Those delays cost DWAC $100 million, CNBC reported in 2023. 

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Surprise, surprise: Silksong wins Steam’s Game of the Year

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Surprise, surprise: Silksong wins Steam’s Game of the Year

Valve has announced the winners of the 2025 Steam Awards and, unsurprisingly, Hollow Knight: Silksong, took home the Game of the Year honors. It was also given the “Best Game You Suck At” award, which, I’m not sure if that’s a good thing or not. Given the relentless fawning over Silksong since its release in September, an event that nearly brought the entire digital video game distribution system to its knees, that it would win Game of the Year felt like something of a forgone conclusion.

The Best Game on Steam Deck was awarded to Hades II (an award we’d already unofficially granted it). The mechanics of Hades lend it to being played in short bursts, and the stylized graphics scale down well. Silent Hill f won the Outstanding Visual Style award and, while there’s no denying it’s a gorgeous title, I can’t help but feel like Dream BBQ, with its uniquely hallucinatory visuals, got robbed. Check out the full list of winners and nominees here at the Steam Awards 2025 landing page.

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University of Phoenix data breach hits 3.5M people

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University of Phoenix data breach hits 3.5M people

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The University of Phoenix has confirmed a major data breach affecting nearly 3.5 million people. The incident traces back to August when attackers accessed the university’s network and quietly stole sensitive information.

The school detected the intrusion on Nov. 21. That discovery came after the attackers listed the university on a public leak site. In early December, the university disclosed the incident, and its parent company filed an 8-K with regulators.

The scope is large. Notification letters filed with Maine’s Attorney General show 3,489,274 individuals were affected. Those affected include current and former students, faculty, staff and suppliers.

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DATA BREACH EXPOSES 400,000 BANK CUSTOMERS’ INFO

The University of Phoenix data breach exposed sensitive personal and financial information tied to nearly 3.5 million people. (Kurt “CyberGuy” Knutsson)

What happened and how attackers got in

According to the university, hackers exploited a zero-day vulnerability in Oracle E-Business Suite. This application handles financial operations and contains highly sensitive data.

Based on the technical details shared so far, security researchers believe the attack aligns with tactics used by the Clop ransomware gang. Clop has a long track record of stealing data through zero-day flaws rather than encrypting systems.

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The vulnerability tied to this campaign is tracked as CVE-2025-61882. Investigators say it has been abused since early August.

What data was exposed

The university says the attackers accessed highly sensitive personal and financial information. That includes:

  • Full names
  • Contact information
  • Dates of birth
  • Social security numbers
  • Bank account numbers
  • Routing numbers

This type of data creates a serious risk. It can fuel identity theft, financial fraud and targeted phishing scams.

700CREDIT DATA BREACH EXPOSES SSNS OF 5.8M CONSUMERS

Stolen University of Phoenix records could be used by criminals to launch targeted phishing and identity theft attacks.  (Kurt “CyberGuy” Knutsson)

Nearly 3.5 million people affected

In letters sent to affected individuals, the university confirmed the breach affects 3,489,274 people. If you are a current or former student or employee, watch your mail closely.

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These notifications often arrive by postal mail, not email. The letter explains what data was exposed and includes instructions for protective services.

We reached out to the University of Phoenix for comment, and a rep provided CyberGuy with the following statement: 

“We recently experienced a cybersecurity incident involving the Oracle E-Business Suite software platform. Upon detecting the incident on November 21, 2025, we promptly took steps to investigate and respond with the assistance of leading third-party cybersecurity firms. We are reviewing the impacted data and will provide the required notifications to affected individuals and regulatory entities.”

Free identity protection is now available

The University of Phoenix is offering affected individuals free identity protection services. These include:

  • 12 months of credit monitoring
  • Identity theft recovery assistance
  • Dark web monitoring
  • A $1 million fraud reimbursement policy

To enroll, you must use the redemption code provided in the notification letter. Without that code, you cannot activate the service.

This attack fits a larger Clop campaign

The University of Phoenix breach is not an isolated case. Clop has used similar tactics in past campaigns involving GoAnywhere MFT, Accellion FTA, MOVEit Transfer, Cleo and Gladinet CentreStack.

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Other universities have also reported Oracle EBS-related incidents. These include Harvard University and the University of Pennsylvania.

The U.S. government is taking notice. The U.S. Department of State is now offering a reward of up to $10 million for information linking Clop’s attacks to a foreign government.

Why colleges are prime targets

Universities store massive amounts of personal data. Student records, financial aid files, payroll systems and donor databases all live under one roof.

Like healthcare organizations, colleges present a high-value target. A single breach can expose years of data tied to millions of people.

MAKE 2026 YOUR MOST PRIVATE YEAR YET BY REMOVING BROKER DATA

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Affected University of Phoenix students and staff should act quickly to monitor accounts and protect their identities. (Kurt “CyberGuy” Knutsson)

Steps to stay safe right now

If you believe you may be affected, act quickly. These steps can reduce your risk.

1) Watch for your breach notification letter

Read it carefully. It explains what data was exposed and how to enroll in protection services.

2) Enroll in the free identity protection

First, use the redemption code provided. Because Social Security and banking data are involved, credit monitoring and recovery services matter. Even if you do not qualify for the free service, an identity theft protection service is still a smart move.

In addition, these services actively monitor sensitive details like your Social Security number, phone number and email address. If your information appears on the dark web or if someone tries to open a new account, you receive an alert right away. As a result, many services also help you quickly freeze bank and credit card accounts to limit further fraud.

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See my tips and best picks on how to protect yourself from identity theft at Cyberguy.com

3) Use a data removal service

Because this breach exposed names, contact details and other identifiers, reducing what is publicly available about you matters. A data removal service can help remove your personal information from data broker sites, which lowers the risk of targeted phishing or fraud tied to the stolen University of Phoenix records.

While no service can guarantee the complete removal of your data from the internet, a data removal service is really a smart choice. They aren’t cheap, and neither is your privacy. These services do all the work for you by actively monitoring and systematically erasing your personal information from hundreds of websites. It’s what gives me peace of mind and has proven to be the most effective way to erase your personal data from the internet. By limiting the information available, you reduce the risk of scammers cross-referencing data from breaches with information they might find on the dark web, making it harder for them to target you.

Check out my top picks for data removal services and get a free scan to find out if your personal information is already out on the web by visiting Cyberguy.com

Get a free scan to find out if your personal information is already out on the web: Cyberguy.com

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4) Monitor financial accounts daily

Check bank statements and credit card activity for unfamiliar charges. Report anything suspicious immediately.

5) Consider freezing your credit

A credit freeze can stop criminals from opening new accounts in your name. It is free and reversible. To learn more about how to do this, go to Cyberguy.com and search “How to freeze your credit.” 

6) Be alert for phishing attempts and use strong antivirus software 

Expect more scam emails and phone calls. Criminals may reference the breach to sound legitimate.

The best way to safeguard yourself from malicious links that install malware, potentially accessing your private information, is to have strong antivirus software installed on all your devices. This protection can also alert you to phishing emails and ransomware scams, keeping your personal information and digital assets safe.

Get my picks for the best 2025 antivirus protection winners for your Windows, Mac, Android and iOS devices at Cyberguy.com

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7) Secure your devices

Keep your operating systems and apps up to date, as attackers often exploit outdated software to gain access. In addition, enable automatic updates and review app permissions to prevent stolen personal data from being combined with device-level access and causing further harm.

Kurt’s key takeaways

The University of Phoenix data breach highlights a growing problem in higher education. When attackers exploit trusted enterprise software, the fallout spreads fast and wide. While free identity protection helps, long-term vigilance matters most. Staying alert can limit damage long after the headlines fade.

If universities cannot protect this level of sensitive data, should students demand stronger cybersecurity standards before enrolling? Let us know by writing to us at Cyberguy.com

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Copyright 2025 CyberGuy.com.  All rights reserved.

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LG announces new UltraGear evo gaming monitors with AI upscaling

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LG announces new UltraGear evo gaming monitors with AI upscaling

LG unveiled a whole new line of gaming monitors ahead of CES on Friday. The UltraGear evo line are all high-end monitors covering a range of technologies, but united by 5K resolution and AI upscaling.

The three flagships under the new branding are the 39GX950B, the 27GM950B, and the 52G930B. The first number in the model name indicates the size. The rest of the letters and numbers, well, I’m sure they mean something to someone.

The 39-inch GX9 is an ultrawide 21:9 5K2K dual-mode OLED screen. It can run at its full resolution at 165Hz, or jump to 330Hz for fast-twitch games at WFHD. The 27-inch GM9 uses “New” MiniLEDs, which promise to deliver brighter images compared to OLED, without the blooming often associated with MiniLEDs. Lastly, the 52-inch G9 is an absolutely massive curved display that delivers a 12:9 panoramic view at 240Hz in its native 5K2K resolution.

The GM9 model is particularly interesting since LG makes the panels for Apple’s Pro Display XDR, and word is that the monitor is finally getting a long-overdue update in the near future.

All three monitors will be on display at CES next month, but there’s no word on pricing or availability just yet.

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