Silicon Beach Report May 7: Snap’s new CFO comes from Amazon, cryptocurrency hack targets Drupal sites

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Snap taps Amazon exec as CFO; UCLA among 400 sites caught in cryptocurrency hack; SiriusXM opening in Hollywood

Snap Names New Chief Financial Officer

Snap Inc. is replacing its chief financial officer, Drew Vollero, with Amazon.com Inc. executive Tim Stone, in a move that comes as the app company’s stock price is in sharp decline, the Business Journal reports. The move was revealed in a May 7 Securities and Exchange Commission filing, which noted that Stone was most recently Amazon’s vice president of finance.

UCLA Among 400 Sites Caught in Crypto-Currency Hack

UCLA was one of more than 400 government, corporate and university websites that was hacked in a cryptocurrency scheme targeting a vulnerability in the Drupal content management system, according to a May 7 Ars Technica story. The bug, which also affected websites for Lenovo, the U.S. National Labor Relations Board, the Social Security Institute of the State of Mexico and Municipalities and the Turkish Revenue Administration, converted the sites into “cryptocurrency mining platforms that surreptitiously drain(ed) visitors’ computers of electricity and computing resources,” a security researcher told Ars Technica.

Sirius XM Leases Hollywood Space for West Coast Programming HQ

Sirius XM Holdings Inc. has signed a long-term lease for about 27,000 square feet of office space at 953 N. Sycamore Ave. in Hollywood to house its West Coast programming headquarters, according to Mid-Wilshire-based landlord CIM Group Inc., the Business Journal reports.

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