UK Cyber Sector Generates Record Investment and Revenue

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More than £1bn was raised in external investment across 84 deals in the most recent financial year

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Skyrocketing cryptocurrency bug bounties expected to lure top hacking talent

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As high-stakes cryptocurrency and blockchain projects proliferate and soar in value, it’s no surprise that malicious actors were enticed to steal $14 billion in cryptocurrency during 2021 alone. The frantic pace of cryptocurrency thefts is continuing into 2022.

In January, thieves stole $30 million in currency from Crypto.com and $80 million in cryptocurrency from Qubit Finance. February started with the second-largest decentralize finance (DeFi) theft to date when a hacker exploited a token exchange bridge in Wormhole to steal $320 million worth of Ethereum.

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Sykyrocketing cryptocurrency bug bounties expected to lure top hacking talent

Read Time:29 Second

As high-stakes cryptocurrency and blockchain projects proliferate and soar in value, it’s no surprise that malicious actors were enticed to steal $14 billion in cryptocurrency during 2021 alone. The frantic pace of cryptocurrency thefts is continuing into 2022.

In January, thieves stole $30 million in currency from Crypto.com and $80 million in cryptocurrency from Qubit Finance. February started with the second-largest decentralize finance (DeFi) theft to date when a hacker exploited a token exchange bridge in Wormhole to steal $320 million worth of Ethereum.

To read this article in full, please click here

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When the insider threat is the Commander in Chief

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When the insider is the President of the United States, the mishandling and removal of information take on a different demeanor given the national security implications. The U.S. media has widely reported how the National Archives and Records Administration bird-dogged the return of missing presidential records, most recently 15 boxes of presidential papers that should have been directed to the National Archives when President Trump’s term ended on January 20, 2021.

It is alleged the 45th President of the United States directed the collection of materials to be placed into those boxes and forwarded to his Florida residence where they have sat for more than a year. It is also alleged that within some of these boxes were documents that carried the national security “secret” and “top secret” classifications.

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Smashing Security podcast #262: Macro progress, eyeball-tracking ads, and encryption backdoors

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How does Microsoft hope to defeat the macro terror? How is the UK Government trying to influence the public’s opinion on end-to-end encryption? And what is MoviePass hoping to do with your eyeballs?

All this and much more is discussed in the latest edition of the award-winning “Smashing Security” podcast by computer security veterans Graham Cluley and Carole Theriault, joined this week by Thom Langford.

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SEC Consult SA-20220215 :: Multiple Critical Vulnerabilities in multiple Zyxel devices

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Posted by SEC Consult Vulnerability Lab, Research via Fulldisclosure on Feb 16

SEC Consult Vulnerability Lab Security Advisory < 20220215-0 >
=======================================================================
title: Multiple Critical Vulnerabilities
product: Multiple Zyxel devices
vulnerable version: For affected products see “Solution” section
fixed version: see “Solution” section
CVE number: –
impact: Critical
homepage:…

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Trojan-Spy.Win32.Zbot.aawo.Zeus-Builder / Insecure Permissions

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Posted by malvuln on Feb 16

Discovery / credits: Malvuln – malvuln.com (c) 2022
Original source:
https://malvuln.com/advisory/fe0dacbc953d4301232b386fcb3afc23.txt
Contact: malvuln13 () gmail com
Media: twitter.com/malvuln

Threat: Trojan-Spy.Win32.Zbot.aawo.Zeus-Builder
Vulnerability: Insecure Permissions
Description: ZeuS Builder saves PE files to the c drive with insecure
permissions granting change (C) permissions to the authenticated user
group. Standard users can…

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