How thousands of Solana wallets were drained in multimillion-dollar exploit

Solana has become the latest victim of a crypto hack after its users reported that their funds were drained from “hot” wallets. The Solana’s Status Twitter account revealed that an unknown hacker drained funds from about 8,000 wallets on Solana. The loss is estimated to be up to $8 million. The attack, however, only affected […]

<strong>How malicious IIS extension is becoming popular among cyber-criminals for persistent access</strong>

How malicious IIS extension is becoming popular among cyber-criminals for persistent access

Microsoft says many threat actors are now abusing IIS (Internet Information Services) extensions to backdoor servers to create a “durable persistence mechanism.” This comes as the Microsoft 365 Defender Research Team warns that “IIS backdoors are harder to detect since they mostly reside in the same directories as legitimate modules used by target applications, and […]

<strong>‘Callback’ phishing campaign impersonates security firms</strong>

‘Callback’ phishing campaign impersonates security firms

A new report has emerged on how a new callback phishing campaign is impersonating popular security firms to trick potential victims into having a phone call that would instruct them to install malware. CrowdStrike Intelligence researchers found the campaign because CrowdStrike is one of the firms being impersonated. The campaign uses a phishing email to […]

FBI warns of Deepfakes interviewing for tech jobs, says the co-worker doesn’t exist

The US FBI has warned of a situation that sees deepfakes and stolen personal details being utilized to apply for work in the US, like faking video interviews.  The attention to remote work comes with its good and bad sides. It’s giving room for scamming, resulting in security standards being updated. This deepfakes scam has […]

How Europol busted phishing gang responsible for millions of losses

On Tuesday, Europol announced it had dismantled an organized crime group that dabbled in fraud, phishing, scams, and other money laundering activities. This inter-border operation group involved law enforcement authorities from the Netherlands and Belgium. And has experienced the arrests of 9 people in the Netherlands this month. The arrested suspects include men between 25 […]

CybSafe raises $28M Series B led by Evolution Equity Partners

CybSafe, a cybersecurity start-up based in the United Kingdom, has raised $28 million in Series B funding. The company’s platform uses behavioral and data science to provide staff with security awareness training.  The company’s goal is to make employees more cybersecurity conscious by changing how they think about security and handle cyber risk. The SaaS […]

China-linked hackers exploit a fresh vulnerability in Microsoft Office

China-linked hackers are remotely executing malicious code on Windows systems by exploiting a new Microsoft Office vulnerability known as “Follina.” According to a threat analysis study by security firm Proofpoint, the unpatched Microsoft zero-day vulnerability has already been exploited by hackers associated with the Chinese government.   The security firm announced this week that a hacking […]

How hackers compromised Zola user accounts to purchase gift cards

Zola has disclosed that some hackers have compromised its users’ accounts to purchase gift cards. The wedding planning startup where couples can create websites, budgets, and gift registries, confirmed that hackers have gained access to its user accounts and denied its system breach. The incident became known last weekend after Zola users reported that their […]

Bored Ape Instagram hack cost NFT owners $3 million

The founders of Bored Ape said that its Instagram account has been hacked. And hackers are now posting fraudulent links to lure people to phishing sites. Hackers have stolen about US$3 million of the globe’s most popular NFTs after accessing the Instagram account owned by the BAYC (Bored Ape Yacht Club collection. The hackers have […]

North Korean hackers stole over $600 million in Crypto in a single hack- FBI.

On Thursday, the FBI said North Korean hackers stole over $600 million in Crypto in a single hack.  The FBI blamed hackers linked with the North Korean government for stealing over $600 million in Crypto in March from a video gaming firm. For the FBI, this is the latest in a series of audacious hacks and cyber heists associated […]