Hacks

Florida city attacked by a hacker trying to poison its drinking water

The FBI is investigating an attempt by an individual or group of hackers to poison a city’s water supply. As reported by Reuters and the Tampa Bay Times, public officials from Oldsmar, Florida, a community located about 25 minutes north of Tampa, said someone gained unauthorized access to one of the computers in the city’s …

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The impact of Bitcoin hacking incidents in the crypto market

In the 2013–2017 period, 29 hacks occurred in the Bitcoin market where a total of 1.1 million Bitcoin were stolen. Noting that the average price for Bitcoin (BTC) in December 2020 exceeded $20,000, the corresponding monetary equivalent of losses is more than $22 billion, which strongly highlights the societal impact of this criminal activity.  What …

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Ledger owners report chilling threats after 20K more records leaked

Ledger users are receiving threatening emails in the wake of the hardware wallet manufacturer reporting that 20,000 more of its customers have been affected by another massive data breach. One or more extortionists using the names Darrin Burlew and Denni Hornig have reportedly sent emails to users who say their personal information was released as …

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SolarWinds hack may have been much wider than first thought

REUTERS/Sergio Flores The scope of the SolarWinds hack keeps growing. The New York Times has conducted interviews indicating that the allegedly Russia-backed campaign was much further-reaching than initially believed. Where the intruders allegedly scouted ‘just’ a few dozen government and corporate networks, it now looks like up to 250 networks fell victim to the hack. …

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A crypto New Year’s resolution: Modernize security infrastructure

It’s safe to say that 2020 has been a banner year for the digital-asset space. Bitcoin (BTC) soared past its previous high, and many other prominent cryptocurrencies reached their highest levels since the heyday of 2017 and early 2018. Across the financial services industry, institutional voices are expressing reinvigorated interest in digital assets. The growth …

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Interview with Sergey Nazarov

Chainlink Co-Founder Sergey Nazarov believes that increasing the decentralization and scalability of oracle technologies are key to ensure trust in the DeFi ecosystem. Oracles play a key role in the correct functioning of DeFI protocols by connecting them to real-world data. However, the trustworthiness of oracles becomes compromised in instances where they rely on a …

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Mt. Gox trustee files draft rehabilitation plan

On Dec. 15, Mt. Gox’s trustee Nobuaki Kobayashi filed a draft rehabilitation plan to refund Mt. Gox users. According to an official announcement posted on Mt. Gox website, the Tokyo District Court and an examiner will review the draft rehabilitation plan and determine whether to proceed with the rehabilitation proceedings as part of the draft …

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‘Bitcoin never gets hacked’ — crypto players respond to US Treasury breach

Crypto players were quick to respond to the news that hackers breached the U.S. Treasury Department. According to a report from Reuters, a “sophisticated hacking group” backed by a foreign government — reportedly Russia, according to three people familiar with the investigation — was able to breach the U.S. Treasury Department as well as the …

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iPhone exploit gave hackers control over WiFi without your input

Chris Velazco/Engadget Many security exploits require at least some kind of interaction on your part, but that wasn’t true for an iPhone exploit earlier this year. As Ars Technica reports, Google Project Zero researcher Ian Beer has detailed an iOS 13 exploit that let someone remotely control a device over WiFi using a “zero-click” attack …

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Hacker sells access to hundreds of corporate executives’ email accounts

taa22 via Getty Images Hackers are fond of hijacking email accounts, and one of them may have obtained a motherlode of potential targets. ZDNet and Gizmodo report that a hacker is selling claimed access to “hundreds” of C-suite executives’ Microsoft-based email accounts, including CEOs, vice presidents and directors. The targets include the chief of a …

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