U.S. law enforcement arrested and charged the hacker who exploited Mango Markets with fraud and market manipulation. The man earlier claimed that the $110 million hack on the decentralized finance platform had been merely a "highly profitable trading strategy."
As FTX's bankruptcy proceedings continue, customers of the cryptocurrency exchange have filed a lawsuit against its former leadership, contending that they violated "customer agreements" and that customers' missing assets should be prioritized over all claims filed by creditors.
In this episode of "Cybersecurity Unplugged," Liran Paul Hason, co-founder and CEO of Aporia, discusses the current state of machine learning and artificial intelligence in cybersecurity and the most interesting and promising applications for these technologies right now.
The theft of nearly $400 million from cryptocurrency platform FTX hours after it went belly up is now the subject of an investigation by the U.S. Department of Justice, Bloomberg reports. The criminal case is separate from the criminal fraud prosecution of co-founder Sam Bankman-Fried.
An Ohio software developer that attempted to use business insurance to pay for a 2019 ransomware attack was stymied by the Ohio Supreme Court. The justices unanimously decided for Owners Insurance Company against greater Dayton-based EMOI, writing that the developer didn’t experience physical loss.
ChatGPT, an AI-based chatbot that specializes in dialogue, is raising concern among security professionals about how criminals could use cheap, accessible natural language AI to write convincing phishing emails and pull off nefarious deepfake scams. Peter Cassidy discusses the implications.
Everyone knows why criminals rob banks. But since most robbers are operating remotely, which tactics are cybercriminals actually employing and how often are they successful? Too often, it seems, thanks to phishing attacks, money laundering, ATM skimmers, malware and more.
Construction and engineering firm Sargent & Lundy is informing more than 6,900 individuals that attackers stole their Social Security numbers through an Oct. 15 cyber incident. The firm has engineered 958 power plant units and more than 6,200 circuit miles of power delivery systems.
A carefully honed zero trust approach can allow healthcare entities to reduce pushback from clinicians while still "raising barriers appropriately" to prevent security incidents, says Dr. Eric Liederman, director of medical informatics and national privacy and security leader at Kaiser Permanente.
Information Security Media Group asked some of the industry's leading cybersecurity experts about the trends to watch in 2023. Responses covered a variety of emerging threats and evolving trends affecting security technologies, leadership and regulation. Here is a look at the year ahead.
North Korean attackers are using phishing websites to impersonate popular NFT platforms and DeFi marketplaces to steal digital assets worth hundreds of thousands of dollars. They set up nearly 500 decoy sites, including one of a project associated with the World Cup and NFT marketplace OpenSea.
A critical Linux kernel vulnerability exposed the server message block protocol to remote hacking with highest privileges. The vulnerability received the maximum possible severity rating of 10 on the CVSS scale owing to the kernel-level code execution privileges it gave to the attacker.
Effective testing of incident response plans continues to be a major weakness for many healthcare sector entities, especially those facing ransomware and other disruptive incidents, says Van Steel, a partner at consultancy LBMC Information Security.
A member of a criminal data breach forum says he's selling email addresses and phone numbers of 400 million Twitter users. If verified, the data breach would be a further blow to Twitter and its beleaguered chief executive as regulators increase pressure over the firm's security practices.
Data resilience stalwarts Commvault, Rubrik and Cohesity have pulled ahead of rivals Veeam Software and Veritas atop the latest Forrester Wave. Commvault, Rubrik and Veritas took the gold, silver and bronze, respectively, for the strength of their current data resilience offerings.
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