In one of the largest cryptocurrency thefts so far, a threat actor has ostensibly exploited a vulnerability to steal $600 million from a blockchain finance platform. The creators of Poly Network, a “DeFi” or decentralized finance platform that works across blockchains, said on Tuesday that a hacker made off with Continue Reading
According to a report, cybersecurity firm Zimperium has identified a new malware Android Trojan that has hit more than 10,000 victims in more than 100 countries. Named FlyTrap, the trojan, has been able to spread through “social media hijacking, third-party app stores, side-loaded applications” since March. The malware was first Continue Reading
A spokesperson for the department has accused a “highly sophisticated group” for the cyberattack that targeted the Alaska health department, as well as other governmental entities. A department spokesperson Clinton Bennett said that a highly sophisticated group known to carry out intricate cyberattacks against organizations that include state governments and Continue Reading
Industrial cybersecurity startup Nozomi Networks said it has raised $100 million in a Series D pre-IPO-funding round. A number of prestigious firms such as Honeywell Ventures, CIA-linked In-Q-Tel, Keysight Technologies, Porsche Ventures Dubai Electricity, Telefónica Ventures, and others also participated in the funding, which was led by Triangle Peak Partners. Continue Reading
Online retail colossus Amazon said it was hit by a heavy fine of 746 million euros ($880 million) by Luxembourg authorities over charges it breached the EU’s data protection rules. In a securities filing, the company said that the fine was issued on July 16 by the Luxembourg National Commission Continue Reading
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