Coinpaper reports: Radiant Capital paused its lending markets after a cybersecurity breach that resulted in losses of more than $50 million on both the BNB Chain and Arbitrum networks. According to Web3 cybersecurity firm De.Fi Antivirus, the exploit was linked to the “transferFrom” function in Radiant Capital’s smart contracts, which allowed the attacker to drain funds…
From CISA, Alert Code: AA24-290A Summary The Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), the National Security Agency (NSA), the Communications Security Establishment Canada (CSE), the Australian Federal Police (AFP), and Australian Signals Directorate’s Australian Cyber Security Centre (ASD’s ACSC) are releasing this joint Cybersecurity Advisory to warn network defenders…
So you hired someone to work for your firm and they turned out to be a sophisticated scammer who scammed your customers? And you think you shouldn’t be held liable for any money your customers lost in the scam? Well, if you’re in Australia, think again. Aisha Dow reports: Banking giant HSBC may have to…
Asmahan Qarjouli reports: The Qatar Financial Centre’s (QFC) Data Protection Office (DPO) has issued a $150,000 fine on a company under its license following a data breach that enabled access to personal data. The measures, the first of their kind in Doha, were taken by DPO on Tuesday following an investigation that detected breaches of…
AMB Crypto reports: In a significant breach, hackers exploited Indonesian cryptocurrency exchange Indodax, stealing around $20.5 million in digital assets. The attack primarily targeted the exchange’s hot wallets, which are online wallets used for daily transactions. Among the stolen assets were 9 billion Shiba Inu [SHIB] tokens, reflecting the hacker’s deliberate choice to target popular cryptocurrencies. Other…
Matthew Karnitschnig reports: A massive cyberattack that hit Iran last month threatened the stability of its banking system and forced the country’s regime to agree to a ransom deal of millions of dollars, people familiar with the case say. An Iranian firm paid at least $3 million in ransom last month to stop an anonymous…