A Poly Network Hack Made the Company Lose Over $600 Million

A Poly Network Hack Made the Company Lose Over $600 Million

Poly Network, a decentralized finance (DeFi) platform, has revealed that this week it fell victim to a massive cryptocurrency hack that led to the organization losing allegedly over $611 million. The attack on Poly Network, a protocol allowing users to swap cryptocurrency (including bitcoin) across different blockchains, is believed to be one of the largest…

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, the company reported. See Also: Live Panel | How Organizations Should Think About Zero…

Australian Cyber Security Centre warns of a surge of LockBit 2.0 ransomware attacks

Australian Cyber Security Centre warns of a surge of LockBit 2.0 ransomware attacks

Australian Cyber Security Centre warns of a surge of LockBit 2.0 ransomware attacks | IT Security News 9. August 2021 This article has been indexed from Security Affairs The Australian Cyber Security Centre (ACSC) warns of a surge of LockBit 2.0 ransomware attacks against Australian organizations starting July 2021. The Australian Cyber Security Centre (ACSC) warns of an escalation in…

High Threat Security Alert (A21-08-06): Multiple Vulnerabilities in Microsoft Products (August 2021)

High Threat Security Alert (A21-08-06): Multiple Vulnerabilities in Microsoft Products (August 2021)

Description: Microsoft has released security updates addressing multiple vulnerabilities which affect several Microsoft products or components. The list of security updates can be found at: https://msrc.microsoft.com/update-guide/en-us/releaseNote/2021-Aug Reports indicated that an elevation of privilege vulnerability in Microsoft Windows 10 and some versions of Windows Server (CVE-2021-36948) is being actively exploited and multiple vulnerabilities in Microsoft Windows…

FlyTrap Android Malware Compromises Thousands of Facebook Accounts

FlyTrap Android Malware Compromises Thousands of Facebook Accounts

A new Android Trojan codenamed FlyTrap has hit at least 140 countries since March 2021 and has spread to over 10,000 victims through social media hijacking, third-party app stores, and sideloaded applications. Zimperium’s zLabs mobile threat research teams recently found several previously undetected applications using Zimperium’s z9 malware engine and on-device detection. Following their forensic…

One Million Stolen Credit Cards Leaked by AllWorld Cards

One Million Stolen Credit Cards Leaked by AllWorld Cards

A new criminal carding marketplace promoted itself by leaking data for one million credit cards that have been stolen between 2018 and 2019. Carding can be defined as the trafficking and use of stolen credit cards. Credit cards usually get stolen through point-of-sale malware, magecart attacks on websites, and by using information-stealing trojans. The credit cards are sold…

Conti Group Takes Advantage of Vulnerable Exchange Servers

Conti Group Takes Advantage of Vulnerable Exchange Servers

Fraud Management & Cybercrime , Governance & Risk Management , Patch Management Pondurance: Ransomware Group Used Backdoors That Persist Prajeet Nair (@prajeetspeaks) • August 10, 2021     Some patched on-premises Microsoft Exchange email servers are still proving to be vulnerable. The Conti ransomware group is now leveraging backdoors that persist, cybersecurity consulting firm Pondurance…

NIST Guidance Focuses on Creating ‘Cyber Resiliency’

NIST Guidance Focuses on Creating ‘Cyber Resiliency’

Governance & Risk Management , IT Risk Management , Next-Generation Technologies & Secure Development Updated Security Approach Designed to Mitigate Ransomware, Nation-State Attack Risks Scott Ferguson (Ferguson_Writes) • August 10, 2021     Ron Ross, NIST Fellow and one of the co-authors of an updated guide to cyber resiliency As ransomware and nation-state attacks have…