Sidhartha Shukla reports: Nomad, a bridge protocol for transferring crypto tokens across different blockchains, lost close to $200 million in a security exploit on Monday, according to security firm PeckShield Inc. The software system was drained of funds over hours and in small batches by various accounts, blockchain data shows. Read more at Bloomberg.
Hackers stole passwords for accessing 140,000 payment terminals
Zack Whittaker reports: Hackers had access to dashboards used to remotely manage and control thousands of credit card payment terminals manufactured by digital payments giant Wiseasy, a cybersecurity startup told TechCrunch. Wiseasy is a brand you might not have heard of, but it’s a popular Android-based payment terminal maker used in restaurants, hotels, retail outlets…
Article: How Privilege Undermines Cybersecurity
A new article appears to be of great relevance to discussions about how lawyers and “privilege” may thwart our efforts to get more transparency and may thwart our efforts to learn from others’ mistakes — and may even thwart the victim’s own ability to learn from any forensic investigation. Schwarcz, Daniel B. and Wolff, Josephine…
UK: Hive ransomware group threatens Bedford school, demanding ‘£500k or else’
Clare Turner reports: Hive Ransomware Group has hacked Wootton Upper School and threatened to post sensitive data unless the school pays out £500,000. In a message to students and parents, the cyber hackers claim to have infiltrated Wootton networks a number of weeks ago and “managed to encrypt all of Wootton organisation servers”, including Kimberley…
Brisbane man arrested for distributing spyware to thousands of cyber criminals since age 15
Jimmy Pezzone reports: An Australian man was arrested for allegedly creating and distributing a hacking tool to thousands of cyber criminals worldwide. The 24-year-old hacker is charged with creating and selling a remote access trojan designed to steal personal information and spy on unsuspecting targets. The virus creator made over $300,000 selling the tool, most…
A 2020 Data Breach That Continues To Remain An Unsolved Mystery
Over 3.4 million users’ data is up for sale in what was alleged to be a data breach at Paytm Mall. But now we don’t know whose data is it By Sarvesh Mathi In 2020, a cybersecurity firm alleged a massive data breach at Paytm Mall, but this was firmly denied by the company back then….