Crypto hacker offered reward after $600m heist
Crypto hacker offered reward after $600m heist
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Hacker behind biggest ever cryptocurrency heist returns stolen funds
The threat actor who hacked Poly Network’s cross-chain interoperability protocol yesterday to steal over $600 million worth of cryptocurrency assets is now returning the stolen funds. As the Chinese decentralized finance (DeFi) platform Poly Network shared two hours ago, the hacker has already returned almost $260 million worth of stolen cryptocurrency. In total, the attacker…
Britain must boost cyber-attack capacity, PM Johnson says – EURACTIV.com
Britain needs to boost its capacity to conduct cyber attacks on foreign enemies, Prime Minister Boris Johnson said before the publication of a national security review this coming week. “Cyber power is revolutionising the way we live our lives and fight our wars, just as air power did 100 years ago,” Johnson said in a…
SEC Cybersecurity Actions Against Registered Firms for Business Email Compromises Emphasize Importance of MFA | BakerHostetler
On August 30, 2021, the Securities and Exchange Commission (“SEC”) announced three settled orders against several investment advisers, broker-dealers, and dual registrants for violations of Regulation S-P allegedly resulting from business email compromises that each exposed or potentially exposed the personal information of thousands of customers.[1] These enforcement actions underscore the following lessons for broker-dealers…
Attackers’ Dwell Time Plummets as Ransomware Hits Continue
Fraud Management & Cybercrime , Fraud Risk Management , Incident & Breach Response Faster Detection Is Good News, But More Speed Still Needed, Mandiant Reports Mathew J. Schwartz (euroinfosec) • May 3, 2021 Source: FireEye Mandiant “Dwell time,” which refers to how long hackers hang out in an organization’s network before being discovered,…
ISMG Editors’ Panel: Fraud Trends
Fraud Management & Cybercrime , Fraud Risk Management , Governance & Risk Management Discussion Also Tackles Applying ‘Zero Trust’ to OT Environment Anna Delaney (annamadeline) • August 20, 2021 Clockwise, from top left: Suparna Goswami, Anna Delaney, Tony Morbin and Tom Field In the latest…
Microsoft Issues Security Advisory on ProxyShell Flaws
Governance & Risk Management , Patch Management Alert Urges Organizations to Patch as Vulnerabilities Are Exploited Doug Olenick (DougOlenick) • August 27, 2021 Four months after Microsoft released the first security update for three vulnerabilities in several versions of its on-premises Exchange Server software – collectively called ProxyShell – the company has issued…