Daniel Warren reports: The Mixin network was recently hit by a multi-million dollar hack. Mixin confirmed that over $200 million worth of cryptocurrencies were wiped from its mainnet due to a security breach on September 23. According to recent data, this is equivalent to half of the net TVL of all mixin-based protocols. In its statement,…
Category: Of Note
Audits of New York schools and the State Education Department reveal ongoing significant concerns
In May, the NYS Comptroller’s Office released an audit conducted to determine if the New York State Education Department (SED) consistently follows all laws and regulations regarding the safety and privacy of students’ data, and whether SED is properly monitoring school districts to ensure they are complying with the legislation and regulations that govern data…
MGM, Caesars casino hacks point to an alliance of teens and ransomware gangs
Joseph Menn reports on the group of hackers some have called “Scattered Spider:” … New research being presented Friday at the LABScon security conference outside Phoenix gives an origin story to the hackers, who the experts say call themselves Star Fraud. They say the group consists of a few dozen hackers who have connected online…
National Student Clearinghouse notifies California on behalf of almost 900 schools affected by MOVEit breach
Well, we expected there would be a lot of schools notified by the National Student Clearinghouse about the MOVEit breach, but now we have a bit more of the scope. NSC has notified the California Attorney General’s Office on behalf of almost 900 schools. Their notification letter to those affected indicated that the types of…
DHS Pushes for Common Cyber Incident Reporting Definitions
Jose Rascon reports: The Department of Homeland Security (DHS) has released a new report looking to wrangle the different avenues in which the Federal government and its agencies report cyber incidents in a more ‘reportable’ fashion. The report, titled “Harmonization of Cyber Incident Reporting to the Federal Government” and released on Sept. 19, comes as…
Schools Are the Most Targeted Industry by Ransomware Gangs
Waqas reports that based on research by Sophos, the education sector is the most vulnerable and targeted by ransomware attacks. KEY FINDINGS 80% of lower education providers and 79% of higher education institutions reported ransomware attacks in the last year. Education is the most targeted industry by cybercriminals, primarily motivated by the high percentage of…