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An expensive mistake: Someone jumped at the opportunity to steal $4.4 million in crypto assets after South Korea’s National Tax Service exposed publicly the mnemonic recovery phrase of a seized cryptocurrency wallet. The funds were stored in a Ledger cold wallet seized in law enforcement raids at 124 high-value tax evaders that resulted in confiscating digital assets worth 8.1 billion won (currently approximately $5.6 million). When announcing the success of the operation, the agency released photos of a Ledger device, a popular hardware wallet for crypto storage and management. However, the images also showed a handwritten note of the wallet recovery phrase, which serves as the master key that allows restoring the assets to another device. The authorities failed to redact that info, allowing anyone to transfer into their account the assets in the cold wallet. Reportedly, shortly after the press release was published, 4 million Pre-Retogeum (PRTG) tokens, worth approximately $4.8 million at the time, were transferred out of the confiscated wallet to a new address.

Researchers uncovered an extensive cyber espionage campaign that used novel backdoors and familiar evasion techniques to maintain persistent access to regional targets.

Dozens of updated, malicious GlassWorm extensions have infested Open VSX, threatening software development supply chains.

Discover how Franz Regul, former CISO for the Paris 2024 Olympics, tackled unique cybersecurity challenges to protect the Games from evolving threats.

A social engineering campaign impersonating PayPal and Amazon uses customer support interactions to acquire sensitive info.

I’m skeptical about—and not qualified to review—this new result in factorization with a quantum computer, but if it’s true it’s a theoretical improvement in the speed of factoring large numbers with a quantum computer.

The excitement around Cisco's latest SD-WAN bugs has inspired some light fraud, misunderstandings, and overlooked potential hazards.

Threat actors target nonprofits due to security gaps and highly coveted information, but a lack of sufficient data makes it difficult to grasp the entire picture.