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Cyber threats are evolving faster than ever. Attackers now combine social engineering, AI-driven manipulation, and cloud exploitation to breach targets once considered secure. From communication platforms to connected devices, every system that enhances convenience also expands the attack surface

Safe{Wallet} has revealed that the cybersecurity incident that led to the Bybit $1.5 billion crypto heist is a "highly sophisticated, state-sponsored attack," stating the North Korean threat actors behind the hack took steps to erase traces of the malicious activity in an effort to hamper investigation efforts

Welcome to this week’s Cybersecurity News Recap. Discover how cyber attackers are using clever tricks like fake codes and sneaky emails to gain access to sensitive data. We cover everything from device code phishing to cloud exploits, breaking down the technical details into simple, easy-to-follow insights

Bank Info Security 2 years, 3 months ago

Cryptohack Roundup: First Conviction in Smart Contract Hack

Also: Nebraska Man Steals $3.5 Million of Cloud Services to Mine $1M of CryptoEvery week, ISMG rounds up cybersecurity incidents in digital assets. This week, sentencing in the first-ever conviction for hacking a smart contract, indictment in a million-dollar illicit mining, FTX executive's sentencing, Railgun's money-laundering defense and Uniswap's Wells Notice.