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South Korean Police Accidentally Post Cryptocurrency Wallet Password
Gouvernance & RégulationSchneier on Securityil y a 12 jours

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.

Too big to ignore, too small to be served: the midmarket security gap
Outils & RechercheThe Register Securityil y a 12 jours

Midmarket 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.…

Bank built its own threat hunting agent because vendors can’t keep pace with new threats
Gouvernance & RégulationThe Register Securityil y a 13 jours

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.…

Robotics surgical biz Intuitive discloses phishing attack
Gouvernance & RégulationThe Register Securityil y a 13 jours

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.…

Cybercrime has skyrocketed 245% since the start of the Iran war
Gouvernance & RégulationThe Register Securityil y a 13 jours

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.…

AI finally delivers those elusive productivity gains... for cybercriminals
GénéralThe Register Securityil y a 13 jours

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.…

Flaw in UK's corporate registry let directors rummage through rival records
Gouvernance & RégulationThe Register Securityil y a 13 jours

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.…

Possible New Result in Quantum Factorization
GénéralSchneier on Securityil y a 13 jours

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.

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