Crypto exchange Binance paused its smart contract platform Binance Smart Chain after a hacker exploited an internal verification vulnerability to steal cryptocurrency from its cross-chain bridge. Binance has acknowledged a theft of at least $100 million; PeckShield says hackers stole $586 million.
Made up of 3,000 public utilities, the U.S. power grid has many weak links in its cyber defenses. Regulators can fine utilities for service outages, but a proposed federal program and recent Purdue University study say financial incentives will help firms make the right security investments.
Security operations stalwart Arctic Wolf has taken on more than $400 million in debt to pursue acquisitions in the cloud, SIEM, endpoint and XDR markets. The money will fuel an upcoming launch in the Asia-Pacific region and expansion in markets such as South Africa, Benelux and the Nordics.
A Baltimore, Maryland-based healthcare organization has agreed to spend nearly $8 million improving and maintaining its data security as "injunctive relief" to settle a class action lawsuit involving two data breaches that affected a total of about 540,000 individuals.
Lloyd's of London is probing a possible cybersecurity incident that led it to yank some systems offline. Details are scarce at the moment, including whether the incident is malicious or involves ransomware and who may have instigated the incident.
If exploited, a hard-coded credential vulnerability in certain BD medical laboratory equipment used for cancer screenings could allow an attacker to access, modify or delete sensitive patient information, the manufacturer and federal authorities warn.
Police arrested a teenager in his suburban Sydney home for allegedly attempting to extort AU$2,000 from victims of the Optus data breach. The unnamed 19-year-old allegedly threatened to conduct financial crimes using the information of 93 individuals unless he received a payout.
Canadian Sebastien Vachon-Desjardins received a 20 year prison sentence from a U.S. judge based in Florida after copping to four felonies stemming from a stint as an affiliate of the NetWalker ransomware-as-a-service gang. "This is Jesse James meets the 21st century," said Judge William F. Jung.
A claim Wednesday by high-profile security researcher Kevin Beaumont that video doorbell manufacturer Ring was experiencing a security issue sent Twitter atwitter. Amazon says some users experienced logon issues due to a back-end system error made during a routine system update.
A U.S. federal jury found Joe Sullivan, former chief security officer of Uber, guilty of covering up a 2016 data breach that exposed the personal information of tens of millions of account holders. The trial was a landmark, likely marking the first time a chief security officer has faced criminal charges over an...
Rising offensive cyber star NetSPI has received a massive follow-up investment from KKR to pursue acquisitions and expand its technological and geographic footprint. KKR's $410 million bet comes on the heels of 50% organic sales growth for NetSPI in 2021 and 61% sales growth thus far in 2022.
A cybersecurity incident at Chicago-based CommonSpirit Health, a system of 1,500 healthcare sites across 21 states and one of the nation’s largest nonprofit healthcare systems, is disrupting medical care after the healthcare system took offline some of its electronic health records systems.
A man in the cybersecurity field is seven times more likely than a woman to have applied for or been offered the job of CISO, according to a new report from Accenture on the need for more inclusion in the workplace. Experts discuss strategies to close the gap and make hiring more inclusive.
David "Hat" Hatfield has exited the co-CEO role at Lacework just four months after the cloud security vendor laid off 20% of its employees. The move will bring Lacework's co-CEO experiment to an end after just 14 months, with Facebook engineering head Jay Parikh moving forward as sole CEO.
Australia's largest telecom provider acknowledged Tuesday a data breach, but said the data came from a now-defunct employee rewards program from 2017. A company executive accused the hacker behind the breach of seeking to profit from a tense climate created by a much larger breach at rival Optus.
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