Blockchain & Cryptocurrency , Cryptocurrency Fraud , Cybercrime Authorities Say Exchanges Allegedly Facilitate Money Laundering Prajeet Nair (@prajeetspeaks) • August 14, 2021 U.S. dollars and other currency seized by Ukranian police this week from an alleged illegal cryptocurrency exchange (Source: Security Service of Ukraine) Ukrainian police this week shuttered a series of allegedly…
When it comes to antivirus software on computers, there’s a good chance that you might have heard of Norton and Avast. Both of the companies make some of the most popular consumer antivirus software on the market, but it looks like they’ll soon be joining forces to form a larger cyber security firm. In an…
Fraud Management & Cybercrime , Governance & Risk Management , Incident & Breach Response Also: Top Healthcare CISOs’ Cybersecurity Concerns; Fresh NIST Resiliency Guidance Mathew J. Schwartz (euroinfosec) • August 13, 2021 Clockwise, from top left: Scott Ferguson, Mathew Schwartz, Marianne Kolbasuk McGee and Tom Field What’s hot in the…
Blockchain & Cryptocurrency , Cryptocurrency Fraud , Cybercrime Security Experts Point Out Vulnerability in Smart Contract System Dan Gunderman (dangun127) • August 13, 2021 (Photo: Executium via Unsplash) The hacker behind the $612 million breach of the blockchain-based Poly Network system has reportedly returned all stolen assets, though $238 million remains locked in…
Crypto platform Poly Network THANKS ‘ethical’ hacker who stole $610million and rewards him with $500,000 ‘bug bounty’ after most of the funds were returned Nearly all of the stolen $610 million in crypto has been returned to Poly Network Hacker claims the breach was for ‘fun’ and to point out a vulnerability Company is calling…
Critical Infrastructure Security , Cybercrime , Cybercrime as-a-service Costs So Far Total Nearly $113 Million, Including $91.6 Million in Lost Revenue Marianne Kolbasuk McGee (HealthInfoSec) • August 13, 2021 Scripps Health reports that a recent ransomware incident has already cost the entity nearly $113 million The recent ransomware attack that disrupted Scripps Health’s…
Image: Shutterstock via Dennis Hacker states that they are “not very interested in money” Print Print Pro Read More: cryptocurrency cybersecurity Poly Network security The hacker behind what is considered to be the biggest cryptocurrency heist in history has now returned $342 million worth of stolen assets. This is according to Poly Network, a blockchain…
Artificial Intelligence & Machine Learning , Next-Generation Technologies & Secure Development Nat Smith of Gartner Offers Advice on Cutting Through the Hype Anna Delaney (annamadeline) • August 13, 2021 Nat Smith, senior director security analyst, Gartner Nat Smith, senior director security analyst at Gartner, describes what factors potential buyers…
Cybersecurity vendors NortonLifeLock and Avast Tuesday unveiled plans to merge in a deal aimed at creating a global consumer security powerhouse. The deal, which was first hinted at by NortonLifeLock and Avast in July, is valued at somewhere around $8 billion. That makes it the third-largest security acquisition after Thoma Bravo‘s $12.3 billion proposed buy…
“Either they just intended to commit theft and steal the assets, or they were acting like a white hat hacker to expose a bug, to help Poly Network make themselves more strong and secure,” Mr Robinson, who routinely advises governments and law enforcement agencies about crypto-related crimes, told the BBC.
