Search Results for: cyber attack

CrowdStrike Launches on Amazon Business, Bringing AI-Native Cybersecurity to Small & Medium Businesses

The modern cybersecurity leader opens up new go-to-market channel on Amazon’s B2B Store AUSTIN, Texas–(BUSINESS WIRE)–CrowdStrike’s (NASDAQ: CRWD) AI-powered cybersecurity offering for small and medium businesses, CrowdStrike Falcon Go, is now officially available on Amazon Business. Designed to help small and medium businesses (SMBs) defend their operations from modern cybersecurity

November 22, 2023 2 mins read

Aave’s Earning Farm Exploited of $287K in Reentrancy Attack

On August 9, PeckShield, a blockchain security company, announced new vulnerabilities affecting DeFi initiatives. The company claims that a reentrancy assault affected Aave’s Earning Farm, leading to the loss of at least $287,000 in Ether. A reentrancy attack occurs when an attacker repeatedly submits and withdraws a money request in

August 10, 2023 1 min read

Cypher Protocol Hit by $1 Million Attack; Freezes Smart Contract

A $1 million estimated attack caused Solana-based Cypher Protocol, a decentralized futures exchange, to suspend its smart contract. On August 7th, Cypher tweeted its users to let them know that the platform had encountered a security breach and had temporarily disabled its smart contract. The group has also reached out

August 8, 2023 2 mins read

U.S SEC Mandates Stringent Cybersecurity Reporting for Crypto Firms

Listed corporations, including crypto enterprises, are required by the U.S SEC to report annually on their “cybersecurity risk management, strategy, and governance.” In an effort to strengthen the relationship between investors and public corporations. The new regulation mandates that businesses report any “material” cybersecurity issues within four business days. Organizations

July 28, 2023 2 mins read

OpenAI CEO Criticizes US Government's Approach Towards Cryptocurrencies

OpenAI Sets Up $1 Million Grants Program Towards Cybersecurity

Artificial intelligence (AI) technology is now in the hands of criminals, increasing the risk of deep fakes and malware. When it comes to improving and quantifying AI-driven cybersecurity solutions, OpenAI, the startup behind popular AI tools like ChatGPT and Dall-e, has set up a $1 million grants scheme. The AI

June 5, 2023 2 mins read

Expel Lands in London for Cloud & Cyber Security Expo 2023

Security operations provider hosting demos, showcasing latest product innovations, and sharing cybersecurity trends and predictions for the year LONDON–(BUSINESS WIRE)–Following its recent expansion to EMEA, Expel will make its first appearance at a major cybersecurity event in the United Kingdom, with an exhibition at Cloud & Cyber Security Expo 8-9

March 7, 2023 3 mins read

Decentralized Think Tank Publishes Industry Update Regarding The Future of Cyber Security for Blockchain Exchanges

LONDON–(BUSINESS WIRE)–$CGG #confidentialcomputing–Following the recent FTX debacle, The Decentralized Think Tank released an industry update on the topic of cyber security for crypto exchanges. The report explores the importance of confidential computing in securing the future of crypto exchanges, alongside naming a number of emerging leaders in the field, including:

January 2, 2023 7 mins read

Metaverse and Space May Be Cybercriminals’ Playgrounds in 2023

According to the 10th Annual Experian® Data Breach Industry Forecast, threat vectors continue to expand forcing organizations to reinforce cyber resiliency COSTA MESA, Calif.–(BUSINESS WIRE)–As technology continues to evolve for business and personal use, cybercriminals are also leveraging innovation for attacks. Experian’s 10th annual Data Breach Industry Forecast includes six

December 7, 2022 4 mins read

Cyber Security Awards To Increase DeFi Security by DSA

Unfortunately, DeFi space is considered to be unsafe. According to statistics, hackers have made a lot of attacks, they have stolen almost $3 billion of funds during the current year, and more than 90% of these attacks fall on the DeFi sector. The DeFi Security Alliance community is launching a

November 10, 2022 2 mins read

Phosphorus Partners with Concept Data to Expand xIoT Attack Surface Management and Remediation in Europe

New partnership further broadens Phosphorus’s sales channels across the EMEA region NASHVILLE, Tenn.–(BUSINESS WIRE)–Phosphorus, the leading provider of proactive and full-scope security for the extended Internet of Things (xIoT), today announced a new distributor partnership for the European market with Concept Data, a leading IT and cybersecurity value-added distributor. The

November 7, 2022 3 mins read