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Tag: financial loss

  • The Register: Ransomware scum and other crims bilked victims out of a ‘staggering’ $16.6B last year, says FBI

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/04/24/ransomware_scum_and_other_crims/ Source: The Register Title: Ransomware scum and other crims bilked victims out of a ‘staggering’ $16.6B last year, says FBI Feedly Summary: Biggest threat to America’s critical infrastructure? Ransomware Digital scammers and extortionists bilked businesses and individuals in the US out of a “staggering" $16.6 billion last year, according to the FBI…

  • Rekt: KiloEx – Rekt

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    Kurt Seifried
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    Source URL: https://www.rekt.news/kiloex-rekt Source: Rekt Title: KiloEx – Rekt Feedly Summary: Oracle manipulation 101 – check your damn validation. KiloEx lost almost $7.5 million when their MinimalForwarder contract accepted any forged signature without verification. The attack hit Base, BNB Chain, opBNB, Taiko, and Manta simultaneously. AI Summary and Description: Yes Summary: The text highlights a…

  • CSA: Enhance TPRM with Staff Augmentation

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    Kurt Seifried
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    Source URL: https://www.schellman.com/blog/cybersecurity/third-party-risk-management-staff-augmentation Source: CSA Title: Enhance TPRM with Staff Augmentation Feedly Summary: AI Summary and Description: Yes Summary: The text discusses the growing importance of Third-Party Risk Management (TPRM) due to the increasing number of breaches linked to third-party vendors. It highlights the need for effective TPRM strategies and offers insights into staff augmentation…

  • The Register: Oracle says its cloud was in fact compromised

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/04/08/oracle_cloud_compromised/ Source: The Register Title: Oracle says its cloud was in fact compromised Feedly Summary: Reliability, honesty, accuracy. And then there’s this lot Oracle has briefed some customers about a successful intrusion into its public cloud, as well as the theft of their data, after previously denying it had been compromised.… AI Summary…

  • Rekt: SIR Trading – Rekt

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    Kurt Seifried
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    Source URL: https://www.rekt.news/sirtrading-rekt Source: Rekt Title: SIR Trading – Rekt Feedly Summary: An attacker exploited a transient storage collision to drain $355K from SIR Trading in a flawless mathematical heist. A single audit couldn’t prevent the hack, where a vanity address bypassed security checks and wiped out four years of development in one swift transaction.…

  • Rekt: Zoth – Rekt

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    Kurt Seifried
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    Source URL: https://www.rekt.news/zoth-rekt Source: Rekt Title: Zoth – Rekt Feedly Summary: Admin keys stolen, $8.4M drained in minutes through a malicious contract upgrade. Zoth suffers two hacks in three weeks – first for logic, now for keys. Auditing code is easy. Auditing the humans behind it? That’s where protocols bleed out. AI Summary and Description:…

  • Cloud Blog: JetStream for GCE Disaster Recovery Orchestration: Protect and manage your critical workloads

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    Kurt Seifried
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    Source URL: https://cloud.google.com/blog/topics/partners/jetstream-for-gce-disaster-recovery-orchestration-on-marketplace/ Source: Cloud Blog Title: JetStream for GCE Disaster Recovery Orchestration: Protect and manage your critical workloads Feedly Summary: Enterprises need strong disaster recovery (DR) processes in place to ensure business continuity in the face of unforeseen disruptions. A robust disaster recovery plan safeguards essential data and systems, minimizing downtime and potential financial…

  • Rekt: 1Inch – Rekt

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    Kurt Seifried
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    Source URL: https://www.rekt.news/1inch-rekt Source: Rekt Title: 1Inch – Rekt Feedly Summary: One hacker transformed 1inch resolver contracts into a $5 million ATM through an integer underflow exploit – all with a negative 512 value. Attacker pocketed $450K as a “bounty" for exposing two years of an undetected vulnerability. AI Summary and Description: Yes Summary: This…

  • Rekt: Not So Safe

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    Kurt Seifried
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    Source URL: https://www.rekt.news/not-so-safe Source: Rekt Title: Not So Safe Feedly Summary: North Korea’s Lazarus Group stole $1.4B from Bybit’s signers by exploiting a simple vulnerability in Safe’s system. A single yaml.load execution bypassed high-end security, turning a supposedly impenetrable system into one of the industry’s biggest disasters. AI Summary and Description: Yes Summary: The text…

  • Threat Research Archives – Unit 42: Stealers on the Rise: A Closer Look at a Growing macOS Threat

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    Kurt Seifried
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    Source URL: https://unit42.paloaltonetworks.com/macos-stealers-growing/ Source: Threat Research Archives – Unit 42 Title: Stealers on the Rise: A Closer Look at a Growing macOS Threat Feedly Summary: AI Summary and Description: Yes Summary: The text discusses the rise in macOS infostealer malware, specifically highlighting three notable types: Atomic Stealer, Poseidon Stealer, and Cthulhu Stealer. This increase poses…