Security News

Microsoft investigates Lapsus$'s boasts of Bing, Cortana code heist
2022-03-21 19:53

The Lapsus$ extortion gang briefly alleged over the weekend it had compromised Microsoft. "We are aware of the claims and are investigating," a Microsoft spokesperson told The Register on Monday.

Cyberattackers Cook Up Employee Personal Data Heist for Meyer
2022-02-22 20:41

Meyer Corp., maker of Farberware and the largest cookware and bakeware distributor in the U.S., has begun notifying 2,747 employees that a cyberattack that occurred on Oct. 25 compromised their personal data. While the report given to the Maine Attorney General doesn't specifically name the culprit behind the attack, the Conti ransomware group had already announced on its leak site on Nov. 7 it was in possession of the employee data files, according to a report this week on the cyberattack.

Wormhole Crypto Platform: ‘Funds Are Safe’ After $314M Heist
2022-02-03 18:28

Wormhole - a web-based blockchain "Bridge" that enables users to convert cryptocurrencies - said on Thursday that "All funds are safe" after attackers abused a vulnerability to shake it down for 120,000 Ethereum. The popular bridge, which connects Ethereum, the Solana blockchain and more, has reportedly been trying to negotiate on-chain with the attacker since Wednesday's attack.

2FA Bypassed in $34.6M Crypto.com Heist: What We Can Learn
2022-01-20 23:14

In spite of customers having reported losses over the weekend, Crypto.com's Thursday statement said that the heist happened on Monday at about 12:46 a.m. UTC. That's when the exchange's risk monitoring systems picked up on unauthorized transactions coming out of 483 accounts and being approved without users' 2FA authentication. The exchange fully restored the affected accounts, revoked all 2FA tokens and added additional security hardening measures, requiring all customers to re-login and set up their 2FA token.

North Korea pulled in $400m in cryptocurrency heists last year – report
2022-01-16 11:01

Thieves operating for the North Korean government made off with almost $400m in digicash last year in a concerted attack to steal and launder as much currency as they could. Bitcoin used to be a top target but Ether is now the most stolen currency, say the researchers, accounting for 58 per cent of the funds filched.

Canadian teen nabbed in $36.5M crypto heist – possibly the biggest haul yet by a single individual
2021-11-18 23:04

A Canadian teenager has been arrested for allegedly stealing $37 million worth of cryptocurrency via a SIM swap scam, making it the largest virtual cash heist affecting a single person yet, according to police. "The joint investigation revealed that some of the stolen cryptocurrency was used to purchase an online username that was considered to be rare in the gaming community," according to a statement from Hamilton Police.

The Curious Case of the $600 Million Crypto Heist
2021-08-12 11:48

Cryptocurrency investors have been transfixed over the past few days by the antics of a mysterious hacker who stole more than $600 million - before giving some of it back. The hacker struck Poly Network, a company that handles cryptocurrency transfers, on Tuesday in one of the biggest thefts of digital monies in history.

Hacker behind biggest ever cryptocurrency heist returns stolen funds
2021-08-11 21:21

The threat actor who hacked Poly Network's cross-chain interoperability protocol yesterday to steal over $600 million worth of cryptocurrency assets is now returning the stolen funds. As the Chinese decentralized finance platform Poly Network shared two hours ago, the hacker has already returned almost $260 million worth of stolen cryptocurrency.

Hacker behind biggest cryptocurrency heist ever returns stolen funds
2021-08-11 21:21

The threat actor who hacked Poly Network's cross-chain interoperability protocol yesterday to steal over $600 million worth of cryptocurrency assets is now returning the stolen funds. AAs the Chinese decentralized finance platform Poly Network shared two hours ago, the hacker has already returned almost $260 million worth of stolen cryptocurrency.

Hackers Return Portion of Record Crypto Heist Haul
2021-08-11 18:07

A firm specializing in transferring cryptocurrency said that hackers have given back $260 million worth of digital loot from a record haul. Poly Network fired off a tweet Wednesday saying hackers had returned $260 million worth of the digital assets taken in a heist a day earlier valued at $613 million.