More than $600 million in cryptocurrency has been stolen from the gaming-focused Ronin Network in what may be the largest crypto hack ever. It’s been reported that 173,600 in Ethereum cryptocurrency (worth $594.6 million) and $25.5 million in U.S. dollars were taken, resulting in a total loss of $625 million.
Online retail and photography manufacturing platform Shutterfly has disclosed a data breach that exposed employee information after threat actors stole data during a Conti ransomware attack. Shutterfly offers photography-related services to consumers, the enterprise, and education through various brands, including Shutterfly.com, BorrowLenses, GrooveBook, Snapfish, and Lifetouch. Today, Shutterfly disclosed that its network was breached on December […]
This morning we saw that there was an attack on popular video game Axie Infinity where hackers swiped $625 million in cryptocurrency, marking one of the largest crypto thefts to date amid rising rates of such crime.
According to official statement from Okta, the authentication services company is investigating a breach to their systems, after the ransomware group, Lapsus$ published a message in their official Telegram group, claiming they have breached the company but “didn’t steal/access any Okta database”. The target of the attack, according to the group, wasn’t Okta but its […]
In light of new data revealing UK ransomware attacks have doubled in the past year, Industry leaders reacted below.
In response to reports that the personal data of around 820,000 current and former New York City public school students was compromised in the hack of a widely-used online grading and attendance system earlier this year according to the US Dept. of Education, cyber security experts reacted below.
Researchers at Intezer has reported a new hijacking campaign that targets Microsoft Exchange with the IcedID modular banking trojan. Researchers with Intezer described the new campaign, which initiates with a phishing email, as a further evolution of the threat actors’ technique. The researchers have seen this technique used to target organizations within energy, healthcare, law […]
Google Chrome Zero-Day Attack Google Chrome experienced a zero-day attack (a zero-day attack is when a threat actor exploits a vulnerability before software developers are aware and can find a fix). The attack was reported to Google by an anonymous security researcher, and Google acknowledges that it is actively exploited in the wild. Google released […]
Online fraud now accounts for 40% of all crime in the UK as recorded by the Crime Survey of England and Wales, with online fraud and cyber crimes responsible for nearly £2bn in losses in 2021. According to the latest ONS report, investment fraud victims lost the most money last year, with investment fraud showing […]
The White House released its budget today for the fiscal year 2023, which includes up to $5.8 trillion to bolster cybersecurity defences for federal departments. The Biden administration said it “reprioritized cybersecurity by strengthening resilience at home and accelerating cooperation with allies and the private sector.” This move, the administration says, will further strengthen military […]