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.
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— Sources secondairesMidmarket security leaders aren't as secure as they think, says Intruder's report Partner Content The midmarket matters. JP Morgan estimates approximately 300,000 organizations generating $13T in annual revenue. Yet they occupy an awkward position in the security landscape. They're large enough to be attractive targets with complex digital estates, significant revenue, and valuable data, but not large enough to have the headcount, budget maturity, or tooling sophistication of an enterprise security team.…
SCION: Proven in banking and healthcare, slow to spread everywhere else Feature BGP, the Border Gateway Protocol, was not designed to be secure. It was designed to work – to route packets between the thousands of autonomous systems that make up the internet, quickly and at scale.…
Admins may be even more exhausted by then, because securing Microsoft’s AI helper is not a trivial job Gartner analyst Dennis Xu has half-jokingly suggested banning use of Microsoft’s Copilot AI on Friday afternoons, because he fears at that time of week users may be too lazy to properly check its possibly offensive output.…
AI helped send weekly threat signal count from 80 million to 400 billion, then helped response time shrink from two days to 30 minutes Australia’s Commonwealth Bank built its own agentic AI threat hunting tools, because vendors are too slow to develop tools that can cope with emerging AI-powered threats, according to General Manager of Cyber Defence Operations Andrew Pade.…
Operations and hospital networks not affected, we're told Robotics-assisted surgical tech firm Intuitive said that unauthorized intruders gained access to some of its internal IT business applications after stealing an employee's credentials during a phishing attack.…
Hacktivists use proxy services from Russia, China for 'billions of designed-for-abuse connection attempts' Cybercrime has skyrocketed since the start of the Iran war, according to Akamai, which reports a 245 percent increase in everything from credential harvesting attempts to automated reconnaissance traffic aimed at banks and other critical businesses.…
Interpol says fraud schemes using the tech are 4.5x more profitable AI is apparently good for the bottom line if your business is crime. Financial fraud schemes carried out with the help of artificial intelligence are 4.5 times more profitable than those that aren't enhanced, according to Interpol's latest estimates.…
Some of these campaigns are linked to Darcula, a Chinese-language phishing-as-a-service platform
CrackArmor AppArmor flaws let local Linux users gain root, break containers and enable DoS attacks
DNS-based attack in AWS Bedrock AgentCore lets AI sandboxes exfiltrate cloud data
Back button blunder in WebFiling service run by Companies House revealed confidential paperwork Companies House was forced to pull down its record-filing platform for the entire weekend to rectify a "security issue" that exposed the personal details of company directors and other data to any logged in users.…
The FBI wants to hear from gamers who have downloaded Steam titles containing malware
An issue with the Companies House website has put the personal and corporate information of millions at risk
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.
A new law enforcement operation against phishing and ransomware operators led to the takedown of 45,000 malicious IP addresses
Operation Lightning sees international law enforcement partners shut down ‘SocksEscort,’ a major malicious proxy service used by cybercriminals worldwide
PixRevolution Android trojan hijacks Brazil’s PIX payments in real time using accessibility abuse
The critical vulnerability affecting both cloud and self-hosted n8n instances requires no authentication or even n8n account to be exploited
CISA issued urgent directive as attackers exploit Cisco SD-WAN flaw granting admin access to networks