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Tag: financial impact

  • Hacker News: SEAL Advisory on DPRK Threat to Crypto Exchanges

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    Kurt Seifried
    in

    Source URL: https://www.securityalliance.org/news/2025-02-dprk-advisory Source: Hacker News Title: SEAL Advisory on DPRK Threat to Crypto Exchanges Feedly Summary: Comments AI Summary and Description: Yes Summary: The text describes a significant cyber theft by DPRK operatives, detailing their sophisticated tactics for compromising crypto exchanges. It emphasizes the importance of internal reviews and specific security measures for exchanges…

  • The Register: US minerals company says crooks broke into email and helped themselves to $500K

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/02/20/niocorp_bec_scam/ Source: The Register Title: US minerals company says crooks broke into email and helped themselves to $500K Feedly Summary: A painful loss for young company that’s yet to generate revenue A NASDAQ-listed US minerals company says cybercriminals broke into its systems on Valentine’s Day and paid themselves around $500,000 – money earmarked…

  • CSA: How Unauthenticated Resource Sharing Threatens Security?

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    Kurt Seifried
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    Source URL: https://cloudsecurityalliance.org/blog/2025/02/18/top-threat-10-who-goes-there-tackling-unauthenticated-resource-sharing Source: CSA Title: How Unauthenticated Resource Sharing Threatens Security? Feedly Summary: AI Summary and Description: Yes Summary: The text discusses the security challenge of unauthenticated resource sharing in cloud computing, emphasizing its risks and suggesting mitigation strategies. It highlights the significant impacts of unauthorized access on technical, operational, financial, and reputational levels.…

  • The Register: UK’s new thinking on AI: Unless it’s causing serious bother, you can crack on

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/02/15/uk_ai_safety_institute_rebranded/ Source: The Register Title: UK’s new thinking on AI: Unless it’s causing serious bother, you can crack on Feedly Summary: Plus: Keep calm and plug Anthropic’s Claude into public services Comment The UK government on Friday said its AI Safety Institute will henceforth be known as its AI Security Institute, a rebranding…

  • The Register: Arizona laptop farmer pleads guilty for funneling $17M to Kim Jong Un

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/02/12/arizona_woman_laptop_farm_guilty/ Source: The Register Title: Arizona laptop farmer pleads guilty for funneling $17M to Kim Jong Un Feedly Summary: 300+ US companies, 70+ individuals hit by the fraudsters An Arizona woman who created a “laptop farm" in her home to help fake IT workers pose as US-based employees has pleaded guilty in a…

  • Cloud Blog: Cybercrime: A Multifaceted National Security Threat

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    Kurt Seifried
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    Source URL: https://cloud.google.com/blog/topics/threat-intelligence/cybercrime-multifaceted-national-security-threat/ Source: Cloud Blog Title: Cybercrime: A Multifaceted National Security Threat Feedly Summary: Executive Summary Cybercrime makes up a majority of the malicious activity online and occupies the majority of defenders’ resources. In 2024, Mandiant Consulting responded to almost four times more intrusions conducted by financially motivated actors than state-backed intrusions. Despite this…

  • The Register: UK industry leaders unleash hurricane-grade scale for cyberattacks

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/02/07/uk_cyber_monitoring_centre/ Source: The Register Title: UK industry leaders unleash hurricane-grade scale for cyberattacks Feedly Summary: Freshly minted organization aims to take the guesswork out of incident severity for insurers and policy holders A world-first organization assembled to categorize the severity of cybersecurity incidents is up and running in the UK following a year-long…

  • Rekt: Ionic Money – Rekt

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    Kurt Seifried
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    Source URL: https://www.rekt.news/ionic-money-rekt Source: Rekt Title: Ionic Money – Rekt Feedly Summary: Fake LBTC, real losses. Social engineering artists convinced Ionic Money on Mode Network to accept counterfeit collateral, walked away with $6.9M, and left sister protocols holding toxic bags. Previously exploited twice as Midas – third time rekt’s the charm. AI Summary and Description:…