Jul 05, 2024NewsroomNetwork Security / DDoS Attack French cloud computing firm OVHcloud said it mitigated a record-breaking distributed denial-of-service (DDoS) attack in April 2024 that reached a packet rate of 840 million packets per second (Mpps). This is just above the previous record of 809 million Mpps reported by Akamai as targeting a large European bank in June … [Read more...] about OVHcloud Hit with Record 840 Million PPS DDoS Attack Using MikroTik Routers
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Kraken Crypto Exchange Hit by $3 Million Theft Exploiting Zero-Day Flaw
Jun 19, 2024NewsroomCybercrime / Crypto Security Crypto exchange Kraken revealed that an unnamed security researcher exploited an "extremely critical" zero-day flaw in its platform to steal $3 million in digital assets and refused to return them. Details of the incident were shared by Kraken's Chief Security Officer, Nick Percoco, on X (formerly Twitter), stating it received … [Read more...] about Kraken Crypto Exchange Hit by $3 Million Theft Exploiting Zero-Day Flaw
Indian National Pleads Guilty to $37 Million Cryptocurrency Theft Scheme
An Indian national has pleaded guilty in the U.S. over charges of stealing more than $37 million by setting up a website that impersonated the Coinbase cryptocurrency exchange platform. Chirag Tomar, 30, pleaded guilty to wire fraud conspiracy, which carries a maximum sentence of 20 years in prison and a $250,000 fine. He was arrested on December 20, 2023, upon entering the … [Read more...] about Indian National Pleads Guilty to $37 Million Cryptocurrency Theft Scheme
Chinese Nationals Arrested for Laundering $73 Million in Pig Butchering Crypto Scam
The U.S. Department of Justice (DoJ) has charged two arrested Chinese nationals for allegedly orchestrating a pig butchering scam that laundered at least $73 million from victims through shell companies. The individuals, Daren Li, 41, and Yicheng Zhang, 38, were arrested in Atlanta and Los Angeles on April 12 and May 16, respectively. The foreign nationals have been "charged … [Read more...] about Chinese Nationals Arrested for Laundering $73 Million in Pig Butchering Crypto Scam
Ex-Security Engineer Jailed 3 Years for $12.3 Million Crypto Exchange Thefts
Apr 13, 2024NewsroomCryptocurrency / Regulatory Compliance A former security engineer has been sentenced to three years in prison in the U.S. for charges relating to hacking two decentralized cryptocurrency exchanges in July 2022 and stealing over $12.3 million. Shakeeb Ahmed, the defendant in question, pled guilty to one count of computer fraud in December 2023 following his … [Read more...] about Ex-Security Engineer Jailed 3 Years for $12.3 Million Crypto Exchange Thefts
U.S. Charges Iranian Hacker, Offers $10 Million Reward for Capture
Mar 02, 2024NewsroomCybercrime / Social Engineering The U.S. Department of Justice (DoJ) on Friday unsealed an indictment against an Iranian national for his alleged involvement in a multi-year cyber-enabled campaign designed to compromise U.S. governmental and private entities. More than a dozen entities are said to have been targeted, including the U.S. Departments of the … [Read more...] about U.S. Charges Iranian Hacker, Offers $10 Million Reward for Capture
WordPress LiteSpeed Plugin Vulnerability Puts 5 Million Sites at Risk
Feb 27, 2024NewsroomVulnerability / Website Security A security vulnerability has been disclosed in the LiteSpeed Cache plugin for WordPress that could enable unauthenticated users to escalate their privileges. Tracked as CVE-2023-40000, the vulnerability was addressed in October 2023 in version 5.7.0.1. "This plugin suffers from unauthenticated site-wide stored [cross-site … [Read more...] about WordPress LiteSpeed Plugin Vulnerability Puts 5 Million Sites at Risk
Google Play malware clocks up more than 600 million downloads in 2023
Users tend to think it’s safe to install apps from Google Play. After all, it’s the most official of all official stores for Android, and all apps there are thoroughly vetted by Google moderators, right? Bear in mind, however, that Google Play is home to more than three million unique apps, most of which get updated regularly, and to vet all of them thoroughly — that is, really … [Read more...] about Google Play malware clocks up more than 600 million downloads in 2023
StripedFly Malware Operated Unnoticed for 5 Years, Infecting 1 Million Devices
An advanced strain of malware masquerading as a cryptocurrency miner has managed to fly the radar for over five years, infecting no less than one million devices around the world in the process. That's according to findings from Kaspersky, which has codenamed the threat StripedFly, describing it as an "intricate modular framework that supports both Linux and Windows." The … [Read more...] about StripedFly Malware Operated Unnoticed for 5 Years, Infecting 1 Million Devices
North Korea’s Lazarus Group Launders $900 Million in Cryptocurrency
Oct 06, 2023NewsroomCyber Crime / Cryptocurrency As much as $7 billion in cryptocurrency has been illicitly laundered through cross-chain crime, with the North Korea-linked Lazarus Group linked to the theft of roughly $900 million of those proceeds between July 2022 and July of this year. "As traditional entities such as mixers continue to be subject to seizures and sanctions … [Read more...] about North Korea’s Lazarus Group Launders $900 Million in Cryptocurrency