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Okta Shares Plummet, Market Cap Down $2B Following Alarming Cybersecurity Breach

The recent incident is not the first security issue Okta has encountered. In the past, there have been several incidents involving Okta or its products. Okta Inc (NASDAQ: OKTA), a major provider of cybersecurity solutions for corporate enterprises, businesses, and government organizations, is currently grappling with the aftermath of a severe

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TrueUSD customer data exposed in third-party security breach

TrueUSD client data, including names and blockchain wallet addresses, is exposed following a security breach involving a third-party vendor. A breach involving a third-party vendor has exposed sensitive client data of TrueUSD, a leading issuer of stablecoins. TrueUSD was alerted to the security incident by TrueCoin, the former service provider responsible

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Galxe announces fund recovery plan worth $396k following security breach

Galxe unveils a comprehensive Fund Recovery Plan to reimburse affected users and bolster security following last week’s DNS breach. Following last week’s security breach, leading web3 community-building platform Galxe unveiled a comprehensive ‘Fund Recovery Plan‘ to address the losses incurred by its user base. The initiative aims to provide a structured

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U.S. officials link North Korea to the major security breach at Mixin

A U.S. official implicates North Korea in a significant cyberattack on decentralized finance platform Mixin Network, with losses under $150 million. A high-ranking U.S. government official has indicated that North Korea is the likely culprit behind a major security intrusion targeting the decentralized finance platform Mixin Network. Earlier assessments suggested that Mixin

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Nansen third-party vendor suffers security breach, user data affected

Prominent crypto and blockchain analytics company Nansen posted on social media platform X (formerly Twitter) that one of its third-party vendors suffered a security breach affecting 6.8% of its users.According to Nansen, the breach gave hackers access to admin rights for an account used to “provision customer access” to its

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Linear Finance faces security breach, takes swift action to rectify

Hong Kong-based defi protocol Linear Finance reported a security breach that drained its Linear USD token’s liquidity on PancakeSwap and Ascendex platforms. Hong Kong‘s burgeoning defi ecosystem faced a significant setback this week as Linear Finance, one of its leading protocols, came under an unexpected attack. In an incident that jolted the

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FTX restores customer claims portal after cyber breach

Bankrupt crypto exchange FTX reinstated the functionality of its customer claims portal with enhanced security measures following a recent cyberattack on non-sensitive data. Customers can now resume submitting claims for assets held before the exchange declared insolvency in November 2022. FTX suffered a cyberattack that led to a temporary shutdown. The

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FTX bolsters claims portal security measures following cyber breach

Bankrupt cryptocurrency exchange FTX has restored its customer claims portal, which was previously shut down due to a cyber attack. Claimants can now continue to submit asset claims they held on the exchange before it became insolvent. On September 16, FTX made a statement on X (formerly Twitter), confirming that none

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Sensitive data leaked in Kroll cybersecurity breach — Report

It appears that a data breach involving FTX bankruptcy claims agent Kroll has resulted in the leak of sensitive information, contrary to earlier reports. In an alleged Kroll Q&A Summary published on Aug. 30, FTX users' email addresses, mailing addresses, account numbers, unique bankruptcy identifiers, account balances, phone numbers, and other

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