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Tag: espionage
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Poly Network Loses at Least $10 Million in Crypto
Millions of dollars worth of cryptocurrency were stolen from the Poly Network platform this weekend in an attack that saw hackers take billions of largely worthless coins. The China-based decentralized finance (DeFi) platform provides users the ability to trade cryptocurrency assets across different blockchains. Early on Sunday morning, the company said it was suspending its services due… Read more
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Univ of Manchester Ransomware Attack Exposes Data Of Over A Million NHS Patients
A ransomware attack on the University of Manchester has exposed the details of 1.1 million NHS patients from across 200 hospitals. Information about major trauma patients was collected by the university for research purposes, and includes details of patients from across the UK. It is believed that NHS patient numbers have been leaked, as well as… Read more
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More Than 16 Million People Have Had Data Exposed in MOVEit Breaches – 158 Companies Affected So far
More than 16 million people are known to have had their information accessed by hackers exploiting vulnerabilities in the MOVEit software thus far, according to researchers tracking the situation — a tally that is likely a fraction of the total amount. Since June 1, experts have warned of the vulnerability affecting the popular file transfer… Read more
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Ransomware Jumped 37% in April
Ransomware attacks jumped by 37 percent on a year-over-year basis through April 2023 according to a new report. The report also highlights that the average enterprise ransom payment exceeded $100,000 during the year ended in April 2023, and the average ransom demand totaled $5.3 million. The U.S. remained the favorite country targeted, and construction, manufacturing,… Read more
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Siemens Energy Acknowledges Cyber Attack
German energy giant Siemens Energy was listed on the Russia-linked ransomware syndicate‘s dark web blog. Siemens confirmed it is among the targets. The Cl0p ransomware cartel listed both organizations as the latest victims of the MOVEit transfer hacks. By exploiting the now-fixed bug, attackers were able to access and download the data stored there. Siemens Energy… Read more
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Moody’s Research Shows That Data Security Impacts Economic Strength
Moody’s examined 143 sovereign entities, measuring a variety of indicators around their IT and cybersecurity maturity. Using the International Telecommunication Union Global Cybersecurity Index, a United Nations’ office that measures cybersecurity strength across five key areas (legal, technical, organizational, capacity development and cooperation) found that more credit-worthy sovereign nations tended to have stronger cybersecurity rankings,… Read more
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The 2023 Nokia Threat Intelligence Report
A new report published in the Nokia Threat Intelligence Report 2023 has revealed that the number of IoT devices involved in DDoS attacks has increased five-fold over the past year, with the total number of devices increasing from 200,000 to 1 million. The report also provides a detailed breakdown of the types of attacks being launched.… Read more
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IBM Hints At Quantum Supremacy In 2 Years – Helix22 Data Security is Y2Q
Quantum computers could beat classical ones at answering practical questions within two years, a new experiment from IBM computers shows. The demonstration hints that true quantum supremacy, in which quantum computers overtake classical digital ones, could be here surprisingly soon. In the new study, scientists used IBM’s quantum computer, known as Eagle, to simulate the… Read more
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Cybersecurity Legislation for Nuclear Weapons Systems
Three US Congressmen, each members of the House Armed Services Committee, unveiled a bipartisan measure aimed at strengthening the cybersecurity practices for the United States’ nuclear weapons system. The lawmakers intend to push for the inclusion of this language in next week’s mark up of the National Defense Authorization Act for Fiscal Year 2024. “There… Read more
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US Gov’t Offers Up $10 Million Reward for CLoP Ransomware Gang
The U.S. State Department’s Rewards for Justice program announced up to a $10 million bounty yesterday for information linking the Clop ransomware attacks to a foreign government. “Do you have info linking CL0P Ransomware Gang or any other malicious cyber actors targeting U.S. critical infrastructure to a foreign government? Send us a tip. You could… Read more