Hackers are using an unknown exploit to draw down internet-connected wallets on the Solana blockchain. So far, thieves have made off with about $8 million worth of cryptocurrency, predominantly from mobile wallet users of Phantom and Slope. Solana is working to identify the root cause.
Britain's Conservative Party is holding a leadership contest, with the winner set to become the country's next prime minister. But the balloting process has been delayed after the National Cyber Security Center warned that hackers could abuse a process allowing members to change their online vote.
With its acquisition of Infiot, Netskope now carries both the networking and security technology needed to build a Secure Access Service Edge architecture following. The acquisition of Infiot's platform will allow Netskope customers to address both traditional and emerging SD-WAN use cases.
Cryptocurrency trading platform Robinhood Crypto will pay $30 million to the state of New York after an investigation revealed deficiencies in its cybersecurity and anti-money laundering programs. The company will also retain an independent consultant who will monitor remediation efforts.
Attackers drained crypto assets worth nearly $200 million on Monday from cross-chain bridge Nomad, a "security-first cross-chain messaging protocol." Experts say the attack occurred after Nomad updated its smart contracts and inadvertently made it easy to spoof transactions.
Commodity markets have created a cryptocurrency bloodbath that may not be over, but Richard Bird of SecZetta says economic patterns in history show that crypto "is not invalidated as a mean of commerce and exchange." He discusses the blockchain and the possible future uses of crypto.
How many organizations fall victim to a ransomware outbreak? How many victims pay a ransom? How many victims see stolen data get leaked? A new study from the EU's cybersecurity agency ENISA offers answers, but carries major caveats due to rampant underreporting of such attacks.
Here's unwelcome ransomware news: When a ransomware victim chooses to pay a ransom, the average amount has increased to $228,125, reports ransomware incident response firm Coveware. On the upside, however, big-name ransomware groups are having a tougher time attracting affiliates.
The ISMG Security Report analyzes a settlement with the U.S. Justice Department, in which Uber accepts responsibility for a data breach cover-up to avoid criminal charges. It also discusses why early-stage startups are conserving cash and recent initiatives from the U.S. Federal Trade Commission.
The report from Israeli publisher Globes that CrowdStrike plans to spend $2 billion buying one or more Israeli cybersecurity companies sent shockwaves through the industry. Here's a look at six security startups with a large presence in Israel that could be a good fit for CrowdStrike.
Human and PerimeterX will join forces to prevent fraud and account abuse and address a broader range of use cases. The combination will create a bot mitigation monster with 450 employees, more than $100 million in annual recurring revenue and more than 500 customers across media and e-commerce.
Michael Alan Stollery, the chief executive of Titanium Blockchain, pleaded guilty in U.S. federal court to securities fraud in a scheme involving a fraudulent cryptocurrency initial coin offering in which $21 million was stolen. Stollery faces up to 20 years of imprisonment.
Big, bad bugs - including the likes of Heartbleed, BlueKeep and Drupalgeddon - never seem to burn out. Instead, they just slowly fade away, despite the risk that attackers will successfully exploit them to steal data, seize control of systems or deploy ransomware.
A music streaming blockchain service patched a bug on a smart contract that had gone undetected since 2020. An attacker used it to steal $AUDIO crypto tokens worth nearly $6 million and sold them for more than $1 million. The vulnerability wasn't detected by multiple smart contracts security audits.
Nascent startups have ditched the "growth at all costs" mantra of 2021 to hold onto enough cash to weather the macroeconomic storm expected later this year. Gone are the days of security vendors promising to double annual sales while burning cash even faster than they bring in new business.
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