A Grey Area: Retroactive Bug Bounty Negotiations
Between October 2020 and March 2023 there have been 25 exploits of Web3 projects where the impacted projects were later able to recover some or all of the funds lost. Across these 25 incidents approximately $1.35 billion was stolen, and $992 million (73%) was returned.
Unchecked Route Parameter Allows Exploit in SushiSwap RouteProcessor2, SlowMist Reports
The SlowMist Security Team urges users of RouteProcessor2 to revoke approval for the affected addresses as soon as possible.
Treasury Department Deems Decentralized Finance a National Security Threat
Poor cybersecurity practices within the decentralized finance (DeFi) industry present a threat to crypto, consumers, and national security, according to a new report from the United States Treasury Department.
Massive Supply Chain Attack Targeting Small Number of Crypto Companies: Kaspersky
A supply chain attack installed a backdoor in computers around the world but has only been deployed in fewer than ten computers, cybersecurity company Kaspersky has reported. The deployments showed a particular interest in cyptocurrency companies, it added.
Number of Crypto Hacks, Scams Jumped 192% Year-Over-Year, Reports Immunefi
According to research by cybersecurity firm Immunefi, the number of attacks on the cryptocurrency industry has risen by 192% YoY from 25 to 73 this past quarter, though the total amount of money lost has fallen by 64.4%, likely due to market conditions.
The Data War: Why TikTok’s Ban in the USA is Just the Tip of the Iceberg
How China and Russia are Waging a Modern War of Data, and Why Generation Z Must Take Note
Crypto Morning Briefing: UK Crypto Promotions Laws Hoped to be in Place by Late 2023
North Korean Group Used Crypto To Launder Stolen Funds, Intelligence Firm Mandiant Says; Sam Bankman-Fried Faces New U.S. Indictment Over Chinese Bribery; Walt Disney Reportedly Scraps Metaverse Plans
One-Third of Crypto Owners Have Had Their Crypto Assets Stolen: Report
Kaspersky, the popular cybersecurity firm, recently published a report that took a closer look at the threats surrounding crypto and its users, including investors encountering scams, fraudulent websites, identity theft, and theft of crypto assets.
SEC To Vote on Cybersecurity, Consumer Privacy Rule Proposals
The Securities and Exchange Commission will vote on new rules and changes to bolster requirements for cybersecurity, privacy and tech infrastructure that officials said could encompass cryptocurrencies.
How AI Can Enhance Cybersecurity: A Primer on Deep Learning and its Applications
The application of deep learning to improve software security has great potential. The technology has already demonstrated its efficacy in several areas, including vulnerability detection, code classification, clone detection, and more.