Two individuals exploited a flaw in an unaudited smart contract deployed by Rug Pull Finder, a web3 security company that offers smart contract audits to blockchain companies. They scooped up 450 non-fungible tokens from the "Bad Guys" collection, whose theme is bad guys stealing NFTs.
In today's dynamic threat environment, security teams must adopt a risk-based approach, prioritizing the most important areas of their organization. They also should not be afraid to seek outside help. Murtaza Hafizji of Bugcrowd discusses the merits of crowdsourced security.
In the latest "Proof of Concept," experts join ISMG editors to discuss concerns over Twitter's security leading up to the U.S. midterm elections, the move by the U.S. Department of Justice to file its most sensitive court documents on paper, and the recent sanctions against Tornado Cash.
HelpSystems acquired Dutch red-teaming startup Outflank to help critical infrastructure firms more effectively prepare for cyberattacks. The buying of Outflank will provide clients with a broader range of red-teaming software and services thanks to Outflank's tight integration with Cobalt Strike.
No secret: Public cloud provides the technical catalyst to the healthcare industry’s modernization and the keys to the kingdom in terms of globalization. The resulting access to usable swaths of data is invaluable - and high-risk. ClearDATA's Chris Bowen weighs in on mitigating the risks.
CISOs have enough tools to identify security weaknesses, says Yoran Sirkis, but they need a way to make the information those tools gather more accessible and to streamline the remediation process. The CEO of Seemplicity discusses how its platform can help security leaders manage remediations.
Last year, Rowland Johnson took on the role of president of CREST, the international not-for-profit membership body representing the global cybersecurity industry. Over the past 12 months, he says, he's taken time to "pause and reflect" and "define a new vision and mission" for CREST.
Alex Holden, CISO and founder of the cyber intelligence company Hold Security, was preparing to open an office in Ukraine when Russia invaded in February. He went ahead with his plan anyway. In this video interview with Information Security Media Group, he tells why he did it.
They’re necessary contributors to the business ecosystem, but there’s risk associated with third-party remote access, including bad actors lurking around every access point.
As ransomware continues to pummel organizations left, right and center, two states have responded by banning certain types of ransom payments, and more look set to soon follow suit. But experts warn such bans could have "terrible consequences," leading to costlier and more complicated recovery.
Ethereum is offering up to $1 million bounty to white hat hackers who identify merge-related critical vulnerabilities on its blockchain. The four-fold increase in reward will be applicable between Wednesday and Sept. 8. The merge is set to be completed by Sept. 20
Cryptocurrency trading platform Coinbase faces a proposed class action from a user who says poor security led to the theft of $200,000 from his account. Attempts by plaintiff Manish Aggarwal to contact the company turned into a fight with an "impenetrable automated 'customer service' process."
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including implications of the Russia-Ukraine cyberwar, the former CISA director’s somber message to the industry at Black Hat, and how the cryptocurrency landscape is changing.
The latest edition of the ISMG Security Report discusses how ransomware-as-a-service groups are shifting their business models, how investigators battling cybercrime have been hindered by GDPR, and how employees consider workplace "choice" a key factor for job satisfaction.
Cybersecurity experts have been reacting to industry veteran Peiter Zatko's allegations of poor information security practices at Twitter, with many noting that he's hardly the first expert to have been hired to remedy serious problems, only to say they were prevented from doing their job.
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