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Also: ZachXBT Uncovers DPRK Worker Scam, Hyperbridge Hack, Coinone FineThis week, Operation Atlantic disrupts $45M phishing fraud, ZachXBT uncovers DPRK crypto worker scheme, Hyperbridge exploit, South Korea fines Coinone $3.5M, Kraken faces extortion attempt over insider data leak and American musician loses $420K in fake Ledger app.

If you use a smartphone, browse the web, or unzip files on your computer, you are in the crosshairs this week. Hackers are currently exploiting critical flaws in the daily software we all rely on—and in some cases, they started attacking before a fix was even ready

Bank Info Security 7 months, 3 weeks ago

Breach Roundup: Recently Patched Oracle Flaw Under Attack

Also: npm Packages Infiltrated, FBI Issues Fraud Alert, Campbell's Soup Cans CISOThis week, a recently fixed Oracle flaw is being actively exploited, Shelly tackled Pro 4PM DoS bug, "Shai-Hulud 2.0" hit npm, the FBI warned of rising bank account takeover scams, regulators fined Comcast over a vendor breach, Iberia reported a supplier incident and Campbell's canned its CISO.

Bank Info Security 9 months, 2 weeks ago

Cryptohack Roundup: White House Pulls CFTC Chair Nom

Also: Texas Brothers Charged in $8M Crypto-Linked Kidnapping CaseThis week, Brian Quintenz won't lead the U.S. CFTC, Canada fined KuCoin $14M, Texas brothers charged in an $8M kidnapping case, South Korean actor given suspended sentence for embezzlement, phishing campaign used robots.txt and an ex-LASD deputy pleaded guilty in a business extortion scam.

Bank Info Security 1 year, 3 months ago

Cryptohack Roundup: $7M KiloEx Theft

Also: A $40M Block Penalty, US SEC Guidance on Crypto LawsThis week, a KiloEx exploit, Block fined $40M, U.S. Securities and Exchange Commission guidance on crypto laws, Senate Democrats slammed NCET disbandment, $4.3M scam disrupted, guilty plea in $3.3M tax evasion and a South Korea ban on crypto apps.

Bank Info Security 1 year, 5 months ago

New Australian Law Makes Banks, Telecoms Liable for Scams

Social Platforms Also Could Face Stiff Fines for Failing to Protect UsersThe Australian government passed the Scams Prevention Framework law in Parliament to make social media companies, banks and telecommunication companies accountable for scammers using their networks, subjecting them to a maximum of AU$50 million in fines for violations.

Bank Info Security 1 year, 6 months ago

Cryptohack Roundup: BitMEX's $100M Penalty

Also: US Govt Seeks Return of Hack Funds to Bitfinex; Mango Markets ShutsThis week, BitMEX fined $100M, prosecutors sought return of Bitfinex funds, Mango Markets shut, a Web3 attack method; pastor charged in crypto scam, CFPB proposed firms refund hack victims, 2024 crime stats, Wolf Capital co-founder's guilty plea, Thai Bitcoin miners seized and a New York AG lawsuit.

Also, Australian Fines Kraken AU$8 million Over BreachesThis week, scammers targeted crypto workers with fake meeting apps, Australia fined Kraken crypto exchange operator Bit Trade and a Los Angeles federal court ordered five individuals to pay $5 million. Polish police detained a Russian former exchange operator and FTX debtors clawed back more cash.

Bank Info Security 1 year, 9 months ago

Cryptohack Roundup: BingX, Truflation Exploits

Also: Reimbursements in Banana Gun Hack; Germany Shutters 47 ExchangesThis week, BingX, Truflation, OpenAI X account hacked; Germany shut 47 exchanges; Caroline Ellison sentenced; two got crypto theft charges; one got crypto scam fine; Banana Gun will refund victims; WazirX, Liminal in dispute; SEC settled with TrueCoin, TrustToken; CFTC may settle with Mango Markets.

Also: $5M for Info on the Crypto Queen; Attacks on BtcTurk and CoinStatsThis week, crypto stealer convicted, reward for info on Crypto Queen increased, BtcTurk and CoinStats suffered cyberattacks, Lazarus blamed for Alex Lab hack, Nigeria refuted allegations of ill treatment, sentencing in Hydrogen Technology case, Binance fined in India, and FBI warned of crypto scams.

Bank Info Security 2 years, 3 months ago

AI Is Making Payment Fraud Better, Faster and Easier

AI Is Also Making Traditional Scams More Convincing, Warns VisaArtificial intelligence technologies such as generative AI are not helping fraudsters create new types of scams. They are doing just fine relying on the traditional scams, but the advent of AI is helping them scale up attacks and snare more victims, according to researchers at Visa.

Bank Info Security 2 years, 6 months ago

Breach Roundup: DOJ Fines XCast $10M for Illegal Robocalls

Also: Mandiant X Account Hijacked in Cryptocurrency ScamThis week, hackers took over Mandiant's X account, authorities charged a Nigerian hacker with stealing $7.5 million from charities, the DOJ fined XCast $10 million for illegal robocalls, and attackers exploited an SMTP smuggling flaw in a phishing email campaign.

As QR codes continue to be heavily used by legitimate organizations—from Super Bowl advertisements to enforcing parking fees and fines, scammers have crept in to abuse the very technology for their nefarious purposes. A woman in Singapore reportedly lost $20,000 after using a QR code to fill out a "survey" at a bubble tea shop. [...]

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