Security News

Liquid cryptocurrency exchange loses $94 million following hack
2021-08-19 09:24

Japan-based cryptocurrency exchange Liquid has suspended deposits and withdrawals after attackers have compromised its warm wallets. Liquid is one of the largest cryptocurrency-fiat exchange platforms worldwide.

Black Hat: Novel DNS Hack Spills Confidential Corp Data
2021-08-12 20:30

"We found a simple loophole that allowed us to intercept a portion of worldwide dynamic DNS traffic going through managed DNS providers like Amazon and Google. Essentially, we 'wiretapped' the internal network traffic of 15,000 organizations and millions of devices," Wiz wrote in a technical breakdown of the bug. Luttwak calls what he found a "Loophole" within the process used to handle the now obsolete dynamic DNS within modern DNS server configurations.

A remedial approach to destructive IoT hacks
2021-08-12 05:30

With greater awareness and complete visibility into every connected device, organizations can create a full inventory of IoT devices with all the information required to maintain them. Default passwords allow attackers to take over IoT devices as easy access points into the network.

Accenture confirms hack after LockBit ransomware data leak threats
2021-08-11 16:22

Accenture, a global IT consultancy giant has allegedly been hit by a ransomware cyberattack from the LockBit ransomware gang. A ransomware group known as LockBit 2.0 is threatening to publish files data allegedly stolen from Accenture during a recent cyberattack.

Crypto Hack Earned Crooks $600 Million
2021-08-11 15:12

Attackers reportedly stole $600 million from the cryptocurrency platform Poly Network, in what experts say is one of the largest crypto heists to date. Poly Network, a decentralized finance platform based in China, publicly acknowledged that an attacker "Exploited a vulnerability" that allowed them to assign themselves the ownership of money processed through the platform.

Connected Farms Easy Pickings for Global Food Supply-Chain Hack
2021-08-10 21:21

A group of hackers made an unnerving DEF CON 29 presentation showing how the sprawling growth of digital and automated farming has left the world's food supply chain vulnerable to cyberattack. According to John Deere, current tractors being sold are connected to a moisture sensor monitor called HarvestLab, and an overall monitoring software system called Harvest Monitor, which displays real-time productivity measurements on a monitor.

Over $600 million reportedly stolen in cryptocurrency hack
2021-08-10 16:19

Over $611 million has reportedly been stolen in one of the largest cryptocurrency hacks. Decentralized cross-chain protocol and network, Poly Network announced today that it was attacked with cryptocurrency assets having successfully been transferred into the attackers' wallets.

Beware! New Android Malware Hacks Thousands of Facebook Accounts
2021-08-10 00:26

A new Android trojan has been found to compromise Facebook accounts of over 10,000 users in at least 144 countries since March 2021 via fraudulent apps distributed through Google Play Store and other third-party app marketplaces. Dubbed "FlyTrap," the previously undocumented malware is believed to be part of a family of trojans that employ social engineering tricks to breach Facebook accounts as part of a session hijacking campaign orchestrated by malicious actors operating out of Vietnam, according to a report published by Zimperium's zLabs today and shared with The Hacker News.

Beware! New Android Malware Hacks Thousands of Facebook Accounts
2021-08-10 00:26

A new Android trojan has been found to compromise Facebook accounts of over 10,000 users in at least 144 countries since March 2021 via fraudulent apps distributed through Google Play Store and other third-party app marketplaces. Dubbed "FlyTrap," the previously undocumented malware is believed to be part of a family of trojans that employ social engineering tricks to breach Facebook accounts as part of a session hijacking campaign orchestrated by malicious actors operating out of Vietnam, according to a report published by Zimperium's zLabs today and shared with The Hacker News.

Black Hat security conference returns to Las Vegas – complete with hacks to quiet the hotel guest from hell
2021-08-09 04:02

After a year off due to a certain virus, the Black Hat and DEF CON security conferences returned to Las Vegas last week, just in time for the US government's attempts to foster more collaboration across the infosec industry. The newly appointed Security Director of the Cybersecurity and Infrastructure Agency Jen Easterly took to the virtual Black Hat stage last week and announced the Joint Cyber Defense Collaborative, which she claimed would be a true public/private partnership to try to lock down security incidents by sharing data and skills.