A hacker exploited a smart contract bug to steal about $29 million from DEX aggregator Transit Finance. Within hours of the theft, the attacker returned nearly $19 million - but not before keeping a $2 million "bug bounty" and losing $1.1 million to a bot theft.
A council chaired by Treasury Secretary Janet Yellen and comprised of the heads of major federal financial regulatory agencies called on Congress to more closely regulate the spot market for crypto assets. A report from the council identifies risks in digital assets, including cybersecurity.
While vArmour has enjoyed success in banking, the U.S. government is now the fastest-growing part of its business. CEO Tim Eades says much of the government doesn't understand the relationships and dependencies among vArmour's applications or the consequences of an application going down.
Security firms must increasingly follow U.S. government security requirements even if they don't serve federal agencies themselves, says Avi Shua, Orca Security co-founder and CEO. That's because cloud vendors such as Orca often serve businesses that contract or subcontract with the U.S. government.
In the latest weekly update, ISMG editors discuss how organizations can comply with the new PCI DSS 4.0 requirements, whether other countries should follow the U.S. lead on legislating software bills of materials, and key strategies for CISOs preparing for an economic downturn.
African nations have long sought common cybersecurity and privacy laws to facilitate e-commerce across the continent, but of the 55 countries that signed the convention in 2014, so far only 13 have enacted laws. Lucien Pierce of PPM Attorneys explains why it's a complex, time-consuming process.
Atos turned down an unsolicited $4.12 billion offer from rival Onepoint to acquire the French conglomerate's $4.8 billion cybersecurity, big data and digital business. Atos received a letter of intent Tuesday related to the acquisition of its Evidian business by Onepoint and private equity fund ICG.
Zscaler has bought out of stealth a startup established by the founders of Lacework to automate security management and dramatically reduce incident resolution time. ShiftRight will give customers real-time visibility into their security posture and help them manage an influx of risks and incidents.
Hackers may shift malware attacks into technical environments beyond the reach of endpoint detection and response, says Mandiant. The threat intel firm says it uncovered a novel malware family targeting VMware hypervisors and virtual machine appliances.
Over his 23-year career in cybersecurity, Tom Kellermann has focused on policy, endpoints and even strategic investments. Now, in his new role as senior vice president of cyber strategy at Contrast Security, his mission is to protect code security - particularly in the public and financial sectors.
The United States is arguably involved in a cyberwar against Russia and China - and appears to be losing. In this episode of "Cybersecurity Unplugged," Tom Kellerman of Contrast Security and Richard Bird of Traceable.ai discuss what the U.S. government and companies need to do to win this cyberwar.
The latest edition of the ISMG Security Report discusses what went wrong for Optus in the wake of one of Australia's biggest data breach incidents, the state of code security today and the growing trend of private equity firms pursuing take-private deals.
Jamf plans to buy startup ZecOps to extend its ability to detect and respond to sophisticated threats across Mac, iOS and Android devices. Jamf's proposed acquisition will provide threat hunting tools to determine if any advanced attacks have compromised mobile devices.
Identity protection, XDR, data analytics and cloud security have been SentinelOne's biggest investment areas, says CEO Tomer Weingarten. Cloud has become the fastest-growing part of SentinelOne's business, appealing even to customers who might have chosen a different vendor for endpoint security.
A compromise assessment answers the all-important question: Have you been breached? Even the most secure organizations routinely commission such assessments because attacks evolve, and corporate security cannot always keep up.
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Lifecycle of a targeted attack;