DeFi projects suffered another blow last week. Finance pools were hit hard not just by a set of hacks, but also a meme coin rug pull that drained substantial amounts of liquidity.
Chinese malware designed to cripple critical infrastructure may be scattered throughout America’s military systems. The primary purpose appears to be to knock out utilities to military bases, likely with the goal of confusing and slowing deployments in the event of some sort of armed conflict over Taiwan.
The breach of the government contractor is among the biggest incidents to stem from the MOVEit data breach with an estimated lost of 8 to 11 million health data records.
The latest IBM Cost of Data Breach report reveals that the damage done by security incidents is up yet again, continuing to climb (at least a little) year over year and set new records.
The new incident disclosure rules may catch some companies unaware, particularly smaller businesses. Some are pointing out that four days is an unrealistic demand during a period of cybersecurity breaches.
The U.S. Cyber Trust Mark, new labeling program, for smart devices has received the official green light from the White House, and is set to roll out in 2024. Detailed information about the security status of smart devices will be communicated via a scannable QR code.
New information indicates that damage from the breach by Chinese hackers was greater than initially thought. The cyber espionage campaign may have impacted hundreds of thousands of accounts in total, including Ambassador to China Nicholas Burns and assistant secretary of state for East Asia Daniel Kritenbrink.
The US federal government’s new implementation plan for the ongoing National Cybersecurity Strategy overhaul has arrived. It has been designed with a high degree of flexibility, open to regular reviews and changes due to emerging threats.
Microsoft reports that Chinese hackers were able to gain access to select high-level US government email accounts via forged tokens. The breach window appears to have been from about mid-May to July 4. It was first detected in mid-June at the State Department.
If the data breach claim on the hacker forum turns out to be legitimate, Razer will have lost a potentially crippling amount of information: source code, internal login credentials and encryption keys. The hacker is seeking a $100,000 payment.