Tag: cybercrime

Hacked Cryptocurrency Platform Begs Hacker to Please Return $119 Million

Hacking. Disinformation. Surveillance. CYBER is Motherboard’s podcast and reporting on the dark underbelly of the internet. Last week, an unknown hacker or hackers stole around 2,100 BTC ($118,500,000) and 151 ETH ($679,000) worth of cryptocurrency tokens from a blockchain company called BadgerDAO.  Now, the blockchain “bridge” protocol BadgerDAO is pleading with the hacker to return […]

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Hackers Steal $119M From ‘Web3’ Crypto Project With Old School Attack

Image: Ulrich Baumgarten via Getty Images Hacking. Disinformation. Surveillance. CYBER is Motherboard’s podcast and reporting on the dark underbelly of the internet. An unknown hacker or hackers stole a reported $119 million in cryptocurrency from a blockchain-based decentralized finance (DeFi) platform on Wednesday.  In a Tweet on Wednesday, BadgerDAO (decentralized autonomous organization) wrote that it received […]

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Facebook’s Metaverse Heralds a Brave New Underworld of Metacrime

That the virtual world Zuckerberg wants to invent might open this Pandora’s box of deviant digitization should come as no surprise. In fact, the metaverse was literally born out of a criminal conceit. But virtually every one of these components presents significant risks for malign exploitation, as well. Some of the threats that immediately stand […]

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Facebook’s Metaverse Heralds a Brave New Underworld of Metacrime

That the virtual world Zuckerberg wants to invent might open this Pandora’s box of deviant digitization should come as no surprise. In fact, the metaverse was literally born out of a criminal conceit. But virtually every one of these components presents significant risks for malign exploitation, as well. Some of the threats that immediately stand […]

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‘Tis the season for cyberattacks: 3 tips for protecting your business

Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more This article was contributed by Johanna Baum, CEO, and Founder of S3 Cyberattacks, or the threat of an attack, might be top of mind during the festive season […]

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Report: 55% of Americans say paying ransoms encourages more cybercrime

Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more According to new research from next-gen data management company Cohesity, more than half (55%) of Americans said that paying ransom only encourages more ransomware and cybercriminal activity. The […]

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Sim Swapper Doxes and SWATs His Accomplice

Hacking. Disinformation. Surveillance. CYBER is Motherboard’s podcast and reporting on the dark underbelly of the internet. There’s no honor among thieves, including those who steal cryptocurrency.  On Tuesday, the Department of Justice announced that a SIM swapper who stole almost $17,000 with an accomplice pleaded guilty to aggravated identity theft in a case of criminal […]

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Report: Cybercriminals refine tactics to exploit zero-day vulnerabilities

HP Wolf Security captured exploits of the zero-day CVE-2021-40444 — a remote code execution vulnerability in the MSHTML browser engine that can be triggered simply by opening a malicious Microsoft Office document — as early as September 8, a week before a patch was issued. The latest HP Wolf Security Threat Insights Report shows how […]

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Cybersecurity report reveals critical business vulnerabilities

Across the business sector, companies are reporting a higher-than-ever frequency of cyberattacks and cybercrime. This is in part due to COVID-19 — hackers, wanting to take advantage of the chaos caused by the pandemic, growing digitalization, and the pivot to work-from-home, have stepped up their attack efforts over the past 18 months. All businesses — […]

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Battling new cyberthreats in your hybrid work environment (VB Live)

Presented by Field Effect Hybrid work environments create new cyber risks, no matter the size of your business — especially with a spike in cybercrime. Join this VB Live event to learn about the new risks, and how to effectively protect your networks, cloud services, and endpoints. Reserve your spot here for free. The pandemic proved that a hybrid work environment is a tremendous boost for employee wellness and productivity — but it’s also […]

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Why enterprises are massively subcontracting cybersecurity work

NewtonX market research revealed this week that 56% of organizations surveyed subcontract as much as 25% of their cybersecurity work. In the study, more than 100 chief information security officers, CTOs, and other senior decision-makers indicated a trend toward subcontracting one of the most critical roles continually facing enterprise professionals. “[Chief information security officers] and […]

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