Hackers return $352 million to crypto platform Poly Network after massive theft, Europe News & Top Stories

Hackers return $352 million to crypto platform Poly Network after massive theft, Europe News & Top Stories

LONDON/SINGAPORE/HONG KONG (REUTERS) – Hackers behind one of the biggest ever cryptocurrency heists have returned more than a third of US$613 million (S$830 million) in digital coins they stole, the company at the center of the hack said on Wednesday. Poly Network, a decentralised finance platform that facilitates peer-to-peer transactions, said on Twitter that US$260…

Hackers return US$260 million to cryptocurrency platform after massive theft – Security

Hackers return US$260 million to cryptocurrency platform after massive theft – Security

Hackers behind one of the biggest ever cryptocurrency heists have returned more than a third of about US$600 million (A$814 million) in digital coins they stole, blockchain researchers said on Wednesday. Poly Network, a decentralised finance platform that facilitates peer-to-peer transactions, announced the hack on Twitter, posting details of digital wallets to which the tokens…

Record cryptocurrency heist valued at $600 mn, IT News, ET CIO

Record cryptocurrency heist valued at $600 mn, IT News, ET CIO

SAN FRANCISCO: A firm specializing in transferring cryptocurrency said Tuesday that hackers cracked its security, making off with a record-setting haul potentially worth $600 million. Poly Network put out a plea for the stolen Ethereum, BinanceChain and OxPolygon tokens to be shunned by traders running “wallets” for storing cryptocurrency. “The amount of money you hacked…

What Can Be Done to Overcome Cybersecurity Staff Shortage?

What Can Be Done to Overcome Cybersecurity Staff Shortage?

CISO Trainings , Professional Certifications & Continuous Training , Recruitment & Reskilling Strategy Experts React to New Report That Identifies Challenges Doug Olenick (DougOlenick) • August 11, 2021     Survey: How difficult is it for your organization to recruit and hire cybersecurity professionals? (Source: Enterprise Strategy Group) For the fifth consecutive year, the supply…

Cybersecurity giants NortonLifeLock and Avast merge in $8.1B deal – TechCrunch

Cybersecurity giants NortonLifeLock and Avast merge in $8.1B deal – TechCrunch

U.S. cybersecurity firm NortonLifeLock has confirmed it is acquiring British rival Avast in order to create a global consumer security powerhouse. The agreement, which comes just weeks after both companies confirmed they were in advanced discussions regarding a possible combination of the two brands, will see Avast stockholders receive cash and shares that value the deal at…

One million stolen credit cards leaked to promote carding market

One million stolen credit cards leaked to promote carding market

 A threat actor is promoting a new criminal carding marketplace by releasing one million credit cards stolen between 2018 and 2019 on hacking forums. Carding is the trafficking and use of stolen credit cards. These credit cards are stolen through point-of-sale malware, magecart attacks on websites, and information stealing trojans. These stolen credit cards are then sold on…

VERT Threat Alert: August 2021 Patch Tuesday Analysis

VERT Threat Alert: August 2021 Patch Tuesday Analysis

Today’s VERT Alert addresses Microsoft’s August 2021 Security Updates. VERT is actively working on coverage for these vulnerabilities and expects to ship ASPL-959 on Wednesday, August 11th. In-The-Wild & Disclosed CVEs CVE-2021-36948 This privilege escalation vulnerability that affects the Windows Update Medic Service (WaasMedic) has been actively exploited. Medic Service is a feature of modern…

Microsoft Patches 3 Zero-Day Vulnerabilities

Microsoft Patches 3 Zero-Day Vulnerabilities

Application Security , Cybercrime , Fraud Management & Cybercrime Intel, Adobe Roll Out Security Fixes Doug Olenick (DougOlenick) • August 11, 2021     Microsoft’s Patch Tuesday rollout addressed two additional security issues within Windows Print Spooler, including one zero day, . See Also: Automating Security Operations Microsoft’s August security update covers 44 vulnerabilities,…