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cyber attack

A Coinbase user lost $11.6 million in under 10 minutes after falling for a fake-notification scam, the US Attorneys Office said

[Business Insider, Getty Images] Federal investigators filed a warrant for 10.2 bitcoin held in a Huobi Global wallet. The crypto was stolen from a Coinbase account in an $11.6 million heist, the government said.Investigators said an unknown person sent a notification to a Coinbase user after a 200 bitcoin buy.A federal judge this month approved a […]

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Turn off, turn on: Simple step can thwart top phone hackers

[The Associated Press, Getty Images] Almost always in arm’s reach, rarely turned off and holding huge stores of personal and sensitive data, cellphones have become top targets for hackers. As a member of the secretive Senate Intelligence Committee, Sen. Angus King has reason to worry about hackers. At a briefing by security staff this year, he said […]

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50,000 security disasters waiting to happen: The problem of America’s water supplies

[NBC NEWS] “If you could imagine a community center run by two old guys who are plumbers, that’s your average water plant,” one cybersecurity consultant said. A series of cyberattacks on water facilities highlight the precarious security situation facing U.S. supplies. On Jan. 15, a hacker tried to poison a water treatment plant that served […]

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McDonald’s Hit by Data Breach

[The Wallstreet Journal, Getty Images] Hack exposed some U.S. business information, customer data in South Korea and Taiwan McDonald’s Corp. said hackers stole some data from its systems in markets including the U.S., South Korea and Taiwan, in another example of cybercriminals infiltrating high-profile global companies. The burger chain said Friday that it recently hired external consultants to […]

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Hacking bitcoin wallets with quantum computers could happen – but cryptographers are racing to build a workaround

[CNBC, Intel] Within a decade, quantum computing is expected to be able to hack into cell phones, bank accounts, email addresses and bitcoin wallets.“The National Institute of Science and Technology (NIST) has been working on a new standard for encryption for the future that’s quantum proof,” said Fred Thiel, CEO of cryptocurrency mining specialist Marathon […]

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Business leaders must take urgent action to counter ransomware threat, White House warns in memo

[CNBC, Eclipse Images] The Biden administration is urging corporate executives and business leaders to take immediate steps to prepare for ransomware attacks.“The threats are serious and they are increasing,” wrote Anne Neuberger, President Joe Biden’s deputy national security advisor for cyber and emerging technology.The White House memo lists five best practices for safeguarding against ransomware […]

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Latest on the US gas demand spikes

[CNN, Getty] What you need to know By Melissa Mahtani, Melissa Macaya, Mike Hayes and Veronica Rocha Gasoline demand is spiking in several states following a ransomware attack that shut down the Colonial Pipeline.In just five states the Colonial Pipeline serves – Georgia, Florida, South Carolina, North Carolina and Virginia – demand was up by a collective 40.1% on […]

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US government agencies hacked; Russia a possible culprit

[USA TODAY] WASHINGTON (AP) — U.S. government agencies were ordered to scour their networks for malware and disconnect potentially compromised servers after authorities learned that the Treasury and Commerce departments were hacked in a monthslong global cyberespionage campaign discovered when a prominent cybersecurity firm learned it had been breached. In a rare emergency directive issued […]

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T-Mobile, Fortnite, Instagram, Comcast, And Chase Bank Have All Experienced Outages.

[Forbes, Getty Images] Some Believe The U.S. Has Been Hit By Large-Scale DDoS Attack—Others Are Skeptical. Sudden and wide-ranging outages in online and telecommunication services in the U.S. has led some to believe it is the result of a coordinated attack. NOTE: June 16 update regarding T-Mobile’s admission of the outage is at the bottom […]

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