Hackers have reportedly exploited a vulnerability in a widely used code library, reaping as much as $155,000 through a sophisticated supply chain attack targeting developers of smart contract applications on the Solana blockchain. The compromise centered on the solana-web3.js library, a critical JavaScript resource enabling developers to create decentralized applications,…
Blockchain & Cryptocurrency, Cryptocurrency Fraud, Fraud Management & Cybercrime Accused Blockchain Thief Admits Guilt: $3.5 Million Cloud Computing Theft for $1 Million Cryptocurrency Gain Prajeet Nair (@prajeetspeaks) • December 5, 2024 Image: Shutterstock ISMG periodically aggregates key incidents affecting the cybersecurity landscape of digital assets. Recent reports indicate that malicious…
Data Breaches on the Rise: A Focus on Cloud Vulnerabilities According to the recently released 2024 IBM Cost of the Data Breach Report, a significant shift in the landscape of data breaches has been identified, with 40 percent of incidents occurring between March 2023 and February 2024 involving data stored…
Recent correspondence from U.S. senators has revealed critical information regarding the security audits conducted by American telecommunications companies in relation to vulnerabilities in the SS7 protocol—a significant concern in the realm of cybersecurity. According to the senators’ letter, major telecoms have engaged third-party cybersecurity firms to evaluate their systems, yet…
Artificial Intelligence and Machine Learning in Healthcare: Investigation into UnitedHealthCare CEO’s Murder By Marianne Kolbasuk McGee (HealthInfoSec) • December 5, 2024 Authorities are actively investigating the tragic murder of Brian Thompson, CEO of UnitedHealthCare, focusing on possible motives linked to the company’s controversial denial of medical coverage. Reports indicate that…
Rising Frequency of Data Breaches: A Cautionary Tale for Consumers In an alarming trend, data breaches continue to occur at astonishing rates, with an incident reported every 39 seconds in the United States. These breaches can have devastating effects, as one consumer’s experience illustrates. Identified here as Stephen, he fell…
A significant cybersecurity incident has unfolded, revealing that Chinese hackers maintained unauthorized access to a prominent U.S. corporation’s network for a duration exceeding four months. According to findings from Symantec, the attackers infiltrated the company’s systems and likely extracted sensitive data, including emails, indicative of a methodical intelligence-gathering campaign. The…
Blockchain & Cryptocurrency, Cryptocurrency Fraud, Fraud Management & Cybercrime Individual Charged with Stealing $3.5 Million in Cloud Resources to Mine Cryptocurrency Pleads Guilty Prajeet Nair (@prajeetspeaks) • December 5, 2024 Image: Shutterstock In a weekly update covering significant cybersecurity events in digital assets, ISMG reported notable incidents this week. Attackers…
Cybercrime, Fraud Management & Cybercrime, Incident & Breach Response Trinity Ransomware Group Claims Breach of Spanish Tax Agency, Law Firm Reports Significant Data Theft Anviksha More – December 5, 2024 Image: Shutterstock / ISMG Information Security Media Group (ISMG) provides a weekly overview of significant cybersecurity incidents and data breaches…
