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Garmin paid multimillion dollar ransom to hackers: report - Business Insider
The first cybersecurity company Garmin asked to help it pay the ransom turned down the job, citing the sanctions as its reason for refusing to provide its services in cases involving Wastedlocker, Sky News reported.
Meetup fixes security flaws that could have allowed hackers to take over groups | ZDNet
Security vulnerabilities in popular online-meeting service and events website Meetup could have allowed cyber attackers to gain access to the profiles of millions of members, according to a security company.
However, researchers also found it was possible to spread the vulnerability with a worm, meaning that if unleashed in the wild, the whole site could become compromised by attackers taking control of groups and diverting funds.
"Even if I just started with several groups, everyone in them becomes an agent to spread the worm," he said. "Then when organisers are infected, they can move the funds to our own malicious PayPal. In a day or two we could infect each and every Meetup group – that would be a massive attack on the platform".
Moderna COVID-19 Vaccine Data Targeted by Nation-State Hackers
August 03, 2020 - Massachusetts-based Moderna, a research firm currently tasked with the development of a COVID-19 vaccine, was targeted by hackers with ties to the government of China, in an effort designed to steal valuable data, according to Reuters .
Moderna recently announced it entered the final phase of its investigational vaccine trials.
According to Reuters, Moderna officials confirmed they’ve discussed the reconn aissance activities outlined in the DOJ indictment with the FBI .
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2gether hacked: €1.2m in cryptocurrency stolen, native tokens offered in exchange | ZDNet
2gether has revealed a cyberattack in which roughly €1.2 million in cryptocurrency has been stolen from cryptocurrency investment accounts.
Founded in 2017, 2gether offers a cryptocurrency trading platform within the Eurozone for buying and selling without additional fees. The organization's native coin is the 2GT token, which is -- or, at least, was -- due to be issued during 2020 following a pre-sale in Spain.
The unknown threat actors reportedly behind the attack made off with €1.183 million in cryptocurrency in investment accounts, which equates to 26.79% of overall funds.
CISA chief wants younger, more experienced hackers in federal government -- FCW
Federal agencies could do much to improve their cybersecurity talent pool if they moved away from restrictive General Schedule hiring practices and were more open to bringing on younger candidates, according to Chris Krebs, Director of the Cybersecurity and Infrastructure Security Agency.
Some observers expressed surprise that a teenager could thwart the security defenses of a multi-billion-dollar corporation, but Krebs argued that in the digital domain, practical experience quickly outstrips age and even credentials in importance.
Corporate Travel Giant CWT Paid $4.5 Million in Ransom to Cyber Hackers: Reports – Skift
It used to be hotel groups and airlines were the key targets of cyber attacks in travel. Now one of the biggest corporate travel agencies has reportedly paid out millions of dollars in bitcoin to hackers who held it ransom after a “cyber-incident.”
With the intrigue of a Hollywood thriller, CWT paid out $4.5 million to hackers, according to a record of the ransom negotiations seen by Reuters , after they stole sensitive corporate files and said they had knocked 30,000 computers offline.
Go read this investigation into the troubled past of alleged Twitter hacker - The Verge
In 2016, one Minecraft player says Clark offered to sell him a digital cape for $50 which he never delivered. On another occasion he reportedly offered to sell his Minecraft username, "Open," before blocking the player that sent him $100 for it. But soon, The New York Times reports that Clark moved on from Minecraft into the world of SIM-swapping and cryptocurrencies.
Mr. Xio, who became close friends with Mr. Clark, said the April run-in with the Secret Service shook Mr. Clark. "He knew he was given a second chance," Mr. Xio said. "And he wanted to work on being as legit as possible."
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