More than $600 million in cryptocurrency has been stolen from the protocol PolyNetwork, in a scheme that’s regarded as one of the largest thefts in the history of cryptocurrency. In a letter posted on Twitter, PolyNetwork, a decentralized platform that allows crypto coin holders to trade assets across a variety of blockchains, pleaded with hackers to return the haul on Tuesday. “Dear Hackers,” the […]
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U.S. Department of Homeland Security revealed on Thursday plans to foster Big Tech giants’ support to strengthen cybersecurity measures, preceding a sequence of high-profile attacks on security infrastructure. In its latest endeavor to secure its infrastructure, U.S. authorities are incorporating Amazon, Microsoft, and Google to reinforce the state’s cybersecurity. Join Cyber Defense Collaborative (JCDC) is […]
Security firm Cybereason reported on Tuesday that it detected three vicious cyberattacks operating on behalf of the Chinese state targeting at least five of the biggest telecommunications firms located in Southeast Asia countries. Previously, a similar cyberattack on Microsoft Exchange email server, the U.S., Britain, and the European Union have repeatedly accused Beijing of state […]
Between smart home security systems, intelligent factories becoming mainstream, remote equipment management and data enabled smart cities, the IoT market is on a steep rise. With the increased use of machine-to-machine, or M2M, communication comes the concern for M2M security. Connected devices are generally not the first thing to come to mind when thinking of major cyber-attacks. There is no big money to be made […]
As a member of the secretive Senate Intelligence Committee, Sen. Angus King has reason to worry about hackers. At a briefing by security staff this year, he said he got some advice on how to help keep his cellphone secure. Step One: Turn off phone. Step Two: Turn it back on. That’s it. At a […]
It was a steamy Friday two Augusts ago when Jason Whisler settled in for a working breakfast at the Coffee Ranch restaurant in the Texas Panhandle city of Borger. The most pressing agenda item for city officials like him that morning: planning for a country concert and anniversary event. Then Whisler’s phone rang. Borger’s computer […]
On Friday, Virginia Tech spokesman Mark Owczarski informed local media that the university was affected by the series of global security breaches that crippled businesses throughout the world. Several university units employed Kaseya – U.S.-based software company – that was breached in early July in a worldwide ransomware campaign. According to Owczarski, the virus distributed […]
For 21 years, the software company Kaseya labored in relative obscurity — at least until cybercriminals exploited it in early July for a massive ransomware attack that snarled businesses around the world and escalated U.S.-Russia diplomatic tensions. But it turns out that the recent hack wasn’t the first major cybersecurity problem to hit the Miami-based […]
In a series of endless attacks on the U.S. and its allies’ infrastructures, a wave of Russian government-associated hacks and ransomware attacks have been reoccurring, and now another security breach has been identified on third-party provider Synnex. Following their previous attack on SolarWinds, the Russian group known as Cozy Bear, backed by the Russian government […]
If your business falls victim to ransomware and you want simple advice on whether to pay the criminals, don’t expect much help from the U.S. government. The answer is apt to be: It depends. “It is the position of the U.S. government that we strongly discourage the payment of ransoms,” Eric Goldstein, a top cybersecurity […]