Tag: financial losses
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		Rekt: GemPad – RektSource URL: https://www.rekt.news/gempad-rekt Source: Rekt Title: GemPad – Rekt Feedly Summary: The perfect digital heist – missing reentrancy guards on Gem Pad let an attacker snatch roughly $1.9 million in locked tokens across three chains. Several protocols left wondering if their lock box provider should have checked their own locks first. AI Summary and Description:… 
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		The Register: FTC urges smart device makers to disclose software update lifecyclesSource URL: https://www.theregister.com/2024/11/27/ftc_smart_product_makers/ Source: The Register Title: FTC urges smart device makers to disclose software update lifecycles Feedly Summary: You need to know in advance when your kit will be bricked or downgraded – it’s the law Makers of software-enabled products have been put on notice by the US Federal Trade Commission (FTC) for failing… 
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		The Register: Mega US healthcare payments network restores system 9 months after ransomware attackSource URL: https://www.theregister.com/2024/11/20/change_healthcares_clearinghouse_services/ Source: The Register Title: Mega US healthcare payments network restores system 9 months after ransomware attack Feedly Summary: Change Healthcare’s $2 billion recovery is still a work in progress Still reeling from its February ransomware attack, Change Healthcare confirms its clearinghouse services are back up and running, almost exactly nine months since… 
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		Rekt: Polter FinanceSource URL: https://www.rekt.news/polter-finance-rekt Source: Rekt Title: Polter Finance Feedly Summary: After losing roughly $8.7 million to a textbook case of oracle manipulation, Polter Finance is scrambling to clean up the mess. Their unaudited protocol left key vulnerabilities wide open, and now they’re facing the fallout. Another day, another lesson in DeFi’s recklessness. AI Summary and… 
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		ISC2 Think Tank: From Impersonation to MFA Bypass: Tackling Today’s Most Sophisticated, Novel Phishing ThreatsSource URL: https://www.isc2.org/professional-development/webinars/thinktank?commid=630141 Source: ISC2 Think Tank Title: From Impersonation to MFA Bypass: Tackling Today’s Most Sophisticated, Novel Phishing Threats Feedly Summary: As phishing attacks grow more advanced, even major tech companies have suffered losses exceeding $100 million from sophisticated email scams. With these threats evolving, messaging and collaboration tools are becoming particularly vulnerable, demanding…