Cryptocurrency Fraud , Fraud Management & Cybercrime Incident Comes Just Days After Theft From Poly Network Dan Gunderman (dangun127) • August 19, 2021 (Photo: WorldSpectrum via Pixabay) A hacker stole $97 million in cryptoassets from the Japan-based cryptocurrency exchange Liquid, which announced the breach via Twitter late Wednesday and halted deposits and withdrawals….
Governance & Risk Management , Government , Incident & Breach Response OIG Report: Bureau Did Not Properly Maintain Security Logs of Incident Scott Ferguson (Ferguson_Writes) • August 19, 2021 Photo: U.S. Census Bureau Following a breach of some of its servers in January 2020, the U.S. Census Bureau failed to follow standard cybersecurity…
Governance & Risk Management , Government , Industry Specific Will Help Lower-Income Nations Enhance Their Security Efforts Dan Gunderman (dangun127) • August 20, 2021 The World Bank has launched a cybersecurity fund for low- and middle-income nations to support public sector efforts to conduct cybersecurity maturity assessments, offer technical assistance and support training…
Web infrastructure and website security company Cloudflare on Thursday disclosed that it mitigated the largest ever volumetric distributed denial of service (DDoS) attack recorded to date.The attack, launched via a Mirai botnet, is said to have targeted an unnamed customer in the financial industry last month. “Within seconds, the botnet bombarded the Cloudflare edge with…
On August 16, 2021, the United States Securities and Exchange Commission (SEC) issued an Order announcing that it had imposed a civil penalty of $1 million on Pearson plc, a London-based multinational educational publishing and services company, for misleading investors about a 2018 data breach that involved the theft of millions of student records. Compromised…
Web infrastructure and website security company Cloudflare on Thursday disclosed that it mitigated the largest ever volumetric distributed denial of service (DDoS) attack recorded to date. The attack, launched via a Mirai botnet, is said to have targeted an unnamed customer in the financial industry last month. “Within seconds, the botnet bombarded the Cloudflare edge…
Just days after a hacker pulled off an audacious crypto heist, another major public breach has occured. Japanese cryptocurrency exchange Liquid is the latest victim of a cyberattack that has seen hackers make off with an estimated $97 million in stolen assets. The funds include $45 million in Ethereum tokens, which the culprit is converting…
Researchers are calling the HolesWarm the “king of vulnerability exploitation” as the malware has already exploited 20 known Linux and Windows vulnerabilities in just a month. The IT security researchers at Tencent have disclosed details of a newly discovered malware with cryptomining capabilities leveraging over 20 known vulnerabilities, mainly in unpatched Windows and Linux servers….
Google recently removed eight fraudulent cryptocurrency mining apps from its official app store that is Play Store. All the eight fake mining apps removed were loaded with fraudulent functions like watching Ads and paying for subscription services. The cybersecurity experts at Trend Micro analyzed all the eight apps that were removed from the Play Store…
Fraud Management & Cybercrime , Fraud Risk Management , Ransomware Firm Says Singapore Unit Was Targeted Prajeet Nair (@prajeetspeaks) • August 20, 2021 Tokio Marine, a Japan-based property and casualty insurer, says its Tokio Marine Insurance Singapore unit was hit by a ransomware attack this week. See Also: 2021 Unit 42 Ransomware Threat…
