Wednesday, April 17, 2024
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Cybersecurity expert backs Sen. Warren’s crypto bill in senate hearing

United States Senator Elizabeth Warren has emphasized the risks of cryptocurrency scams targeting senior citizens in the U.S., with the support of a cybersecurity expert endorsing her legislation on digital assets to prevent future scams.In a recent senate hearing, Warren outlined the significant increase in crypto scams being targeted towards

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Cybersecurity team claims up to $2.1B in crypto stored in old wallets is at risk

While the crypto community is still weathering the effects of the recent $100 million Poloniex hack, another cybersecurity threat that could affect billions worth of crypto assets has been discovered by a team of blockchain security experts. On Nov. 14, cybersecurity company Unciphered released information on a vulnerability that it called

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This Cybersecurity Pro Gets Paid to Hack Ethereum – for the Good of the Network

The Ethereum Foundation, created by the blockchain’s famous founder, Vitalik Buterin, and set up to support development of the network, boasts a workforce of roughly 150 people, according to the slide presentation. Most of the focus is on constant programming upgrades, growth initiatives, sponsoring developer conferences and providing grants. Original Source

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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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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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Firms have mere hours to deflect cyber attacks, warns cybersecurity CEO

Palo Alto Networks CEO Nikesh Arora has urged companies to modernize their cybersecurity systems, cautioning that bad actors have become much faster at breaching company defenses than ever before. Speaking to Jim Cramer on CNBC’s “Mad Money” on Aug. 21, the cybersecurity firm CEO said that companies with outdated security systems

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French regulator imposes cybersecurity rules for crypto firms

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The French financial regulator, the Autorité des marchés financiers (AMF), has announced changes to its rules governing digital asset service providers (DASPs) in France. The amendments aim to incorporate upcoming European Union regulations on crypto-assets

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Biden administration launches AI cybersecurity challenge to ‘protect Americans’

In an Aug. 9 press release, the Biden administration revealed an opportunity for hackers to compete for substantial monetary rewards by applying artificial intelligence (AI) to safeguard vital United States infrastructure from cybersecurity vulnerabilities.In spring 2024, a preliminary phase will select up to 20 high-performing teams to progress to the semifinals of

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SEC Implements Rule Requiring Companies, Including Crypto Firms, to Report Cybersecurity Breaches

Most listed companies already include cybersecurity risks in their investor documents, but, until now, the SEC did not mandate any disclosures from them. Public companies and foreign private issuers must also must describe how their board oversees cybersecurity risks and detail "management’s role and expertise in assessing and managing material

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