Lily Hay Newman reports: This week, the cryptocurrency network Ronin disclosed a breach in which attackers made off with $540 million worth of Ethereum and USDC stablecoin. The incident, which is one of the biggest heists in the history of cryptocurrency, specifically siphoned funds from a service known as the Ronin Bridge. Successful attacks on “blockchain bridges” have…
Category: Business Sector
An Interview with AgainstTheWest
They are anonymous, but they are not Anonymous. Meet the individuals who are using their skills to take on the West’s enemies. Names can be misleading. When I first read about a group called “AgainstTheWest,” I assumed they were working against the west. But while threat actors from Russia, China, Belarus, and North Korea attack…
Monetary penalties issued to Spanish telecoms over failure to protect consumers from sim swapping
Last year the Spanish DPA tackled sim swapping cases and issued monetary penalties to four telecoms for failure to adequately protect the confidential information of consumers, resulting in loss of service to consumers, but also leaving them victims or potential victims of bank fraud. Four decisions have now been posted on the EDPB website. The…
Anonymous Claims It Hacked Russian Orthodox Church, Leaked 15 GB Data And 57,500 Emails
Ajay Sharma reports: Hacker group Anonymous has launched another attack on Russia. The Russian Orthodox Church and the Russian Lipetsk Mechanical Plant, which manufactures components for anti-aircraft missile launchers and other military equipment, were hacked by them on Friday. The hacker group posted on Twitter that they have merged and posted about 15 GB of…
Lapsus$: Two UK teenagers charged with hacking for notorious gang
Joe Tidy reports: Two teenagers from the UK have been charged by police over hacking for a notorious cyber-crime gang. A 16 and 17-year-old will appear at Highbury Corner Magistrates’ Court on Friday. The boys have been charged with multiple cyber-offences and remain in police custody. The teens were arrested as part of an international…
Solar Winds can’t dodge investor suit over massive cyberattack
Stephen Paulsen reports: An Austin-based tech company may be liable to investors after it suffered a major security breach that caused its stock price to plummet, a federal judge ruled. Although that company, SolarWinds, was itself a victim of the breach, the company may had acted recklessly in protecting its software, U.S. District Judge Robert Pitman…