May 22, 2023   11:04 AM   0 The Irish Data Protection Commission (DPC) has announced a $1.3 billion fine on Facebook after claiming that the company violated Article 46(1) of the GDPR (General Data Protection Regulation). More specifically, it was found that Facebook transferred data of EU-based users of the platform to the United States, where data protection regulations vary per state and have been deemed inadequate to protect the rights of EU data subjects....

May 22, 2023   12:49 PM   0 A cryptocurrency phishing and scam service called 'Inferno Drainer' has reportedly stolen over $5.9 million worth of crypto from 4,888 victims. According to a report by the Web3Anti-Scam firm 'Scam Sniffer,' the phishing service has created at least 689 fake websites since March 27, 2023. Most of the phishing sites came online after May 14, 2023, with the analysts reporting a spike in site-building activity around that time....

March 24, 2023   05:32 PM   0 This week's news has been dominated by the Clop ransomware gang extorting companies whose GoAnywhere services were breached using a zero-day vulnerability. Over the past month, one hundred new companies have been added to Clop's data leak site, with the extortion gang threatening to leak data if a ransom is not paid. While it is not confirmed if all of these companies were breached using the GoAnywhere zero-day, BleepingComputer...

March 24, 2023   05:59 PM   0 Today, the FBI confirmed they have access to the database of the notorious BreachForums (aka Breached) hacking forum after the U.S. Justice Department also officially announced the arrest of its owner. 20-year-old Conor Brian Fitzpatrick (also known as Pompompurin) was charged for his involvement in the theft and sale of sensitive personal information belonging to "millions of U.S. citizens and hundreds of U.S. and...

March 13, 2023   12:58 PM   0 Lending protocol Euler Finance was hit by a cryptocurrency flash loan attack on Sunday, with the threat actor stealing $197 million in multiple digital assets. The cryptocurrency theft involved multiple tokens, including $8.75 million worth of DAI, $18.5 million in WBTC, $33.85 million in USDC, and $135.8 million in stETH. The attacker's ETH wallet used to store the stolen funds is being tracked, so it will be...

February 17, 2023   12:19 PM   0 Norwegian police (Økokrim) have seized 60 million kroner ($5,800,000) worth of cryptocurrency stolen by the North Korean Lazarus hacking group last year from Axie Infinity's Ronin Bridge. This action is the largest financial seizure of this kind to take place in Norway, made possible thanks to the money-tracing capabilities and persistence of Økokrim's investigators. "Økokrim is good at following...

February 17, 2023   01:18 PM   0 Europol has dismantled a Franco-Israeli ‘CEO fraud’ group that employed business email compromise (BEC) attacks to divert payments from organizations to bank accounts under the threat actor's control. In one case against a single company, the fraudsters managed to pilfer €38,000,000 ($40.3M) within a couple of days, quickly moving the money across Europe, China, and eventually cashing out in Israel. The...