Hackers steal $120m from Badger Defi and $30m from MonoX

MonoX security breach was caused by a bug in smart contracts meanwhile Badger is still investigating the incident. Two DeFi projects BadgerDAO and MonoX are the latest victims of security…

What Is Privilege Escalation? Definition, Types and Examples

Privilege escalation might be a confusing cybersecurity term for many. That’s why in this article we’re going to shed a little bit more light on this topic. Keep reading to…

Threat Group Takes Aim Again at Cloud Platform Provider Zoho

Attackers that previously targeted the cloud platform provider have shifted their focus to additional products in the company’s portfolio. State-backed adversaries expanded attacks against cloud platform company Zoho and its…

Federal government refreshes digital transformation strategy and expands cyber hub trial

The federal government has released an updated digital government strategy as part of its goal to make Australia one of the top three digital governments in the world by 2025. …

Will a Digital Bill of Rights solve machine learning and privacy issues?

AI-enabled systems now touch our daily lives, from image recognition to deciding if we like butter or not. Like a sleepwalking child, humanity seems to be blithely entering the age…

Eftpos expands security kit bag with new AI anti-fraud capability

Eftpos has switched on a new AI anti-fraud online capability as the Australian debit payments provider continues to expand its security features. The new capability is underpinned by a fraud…

Proposed Bill Would Require Public Disclosure of Ransomware Payments

Security Intelligence – Security Intelligence – Proposed Bill Would Require Public Disclosure of Ransomware Payments Two U.S. congresswomen introduced a bill that would require ransomware victims to publicly disclose ransom…

The BABADEDA Crypter – an Emerging Crypter targeting the Crypto, NFT, and DeFi communities

INTRODUCTION The cryptocurrency market is now worth more than $2.5 trillion. Unfortunately, this fact is not lost on threat actors. As well as using cryptocurrency themselves to extract ransoms, cybercriminals…

RedCurl Makes a Comeback: They Also Have Updated Hacking Tools

The Group-IB researchers have revealed in a recent report the returning of a reportedly corporate cyber-espionage hacker group dubbed RedCurl. RedCurl APT Group: Background The Group-IB experts discovered this APT…

Online Payment Fraud Surges by 208% Ahead of Black Friday

Online Payment Fraud Surges by 208% Ahead of Black Friday Online payment fraud surged by 208% between September and October 2021, indicating that scammers are ramping up attacks on online…