📃 Hackers from the Democratic People’s Republic of Korea (DPRK) are believed to be behind the recent $50M Radiant Capital breach, marking one of the most sophisticated hacks in DeFi history. In a recent conversation with Decrypt, Anmol Jain - MBA, CCFC, CRC, CEIC, vice president of investigations at AMLBot, shared his insights on the growing prevalence of DPRK-linked hacks. Jain explained that these cyberattacks have become more frequent and sophisticated, driven by the country's restricted access to the global economy, compelling them to turn to cybercrime as a source of revenue and intelligence. 👉🏻 Read the Full Article on Decrypt: https://lnkd.in/dJVMP8-z #DeFi #CyberSecurity #CryptoCompliance
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#OperationCronos came to a head last week with the sanction and unmasking of LockBit's administrator and developer, Dmitry Khoroshev. Read the latest blog from our threat #intelligence team to dive into the story so far, learn about the timeline of events, and discover how #LockBit impacted organization's around the world. #cybersecurity Searchlight Cyber - The Dark Web Experts
A Timeline of Events: Operation Cronos and LockBit › Searchlight Cyber
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Another stark reminder of the sophistication behind recent DeFi exploits—Radiant Capital’s $50M hack highlights how social engineering and deception remain critical tools for malicious actors in Web3. The North Korean group’s strategy of posing as ex-contractors demonstrates the growing need for enhanced vigilance and layered security protocols across the ecosystem. At Trugard Labs, we’re committed to tackling these challenges head-on with data-driven insights and proactive smart contract intelligence. Together, let’s make DeFi safer and more resilient. Great analysis from Decrypt on the evolving threat landscape: Read more here: https://lnkd.in/dtCMddYJ #Web3 #Defi #CyberSecurity #CryptoSec #Compliance
Radiant Capital Says DPRK Actor Posed as Ex-Contractor to Pull Off $50 Million Hack - Decrypt
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Cyber 2024: Heroes, Villains, And Lessons From The Digital Battlefield This year has highlighted the rapidly growing sophistication of cyber threats, affecting industries, governments, and individuals on a global scale. It’s a stark reminder that cybersecurity isn’t just a technical issue—it’s a strategic priority for everyone. In my recent blog, I explore the major challenges and lessons of 2024 and outline how organizations can adapt and strengthen their defenses for the future. You can delve further into this topic by reading the full post at 🔗 https://lnkd.in/g-pcRpwP #CyberSecurity #DigitalDefense #CyberThreats #InfoSec #FutureOfSecurity Jack Lohbeck Harrell Van Norman Terry L. Oroszi, MS, EdD, SAS-MP Ajit Challa Gajinder Bains
Cyber 2024: Heroes, Villains, And Lessons From The Digital Battlefield
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Top White House cyber official urges Trump to focus on ransomware, China U.S. deputy national security adviser for cyber and emerging technologies Anne Neuberger identified China's cyber espionage, ransomware criminal groups, and artificial intelligence as key cybersecurity challenges facing the incoming Trump administration. Neuberger also highlighted the Biden administration's push for minimum cybersecurity requirements and international partnerships as critical tactics for the next administration to adopt. Lastly, she emphasized the growing problem of cryptocurrency, which she believes to be funding rogue governments and fueling ransomware attacks, posing major security risks. Learn more by visiting The Record from Recorded Future News: https://lnkd.in/eTWVDkHZ
Top White House cyber official urges Trump to focus on ransomware, China
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🗞️ Radiant Capital Ties $50M Crypto Heist to North Korean Cybercriminals Radiant Capital has confirmed that North Korean hackers known as Citrine Sleet executed the $50 million heist from their platform. The attack involved sophisticated deception, bypassing multiple security layers and affecting users on Arbitrum and BSC. Key takeaways: 🇰🇵 North Korean Hackers: The attack was attributed to Citrine Sleet, a North Korean state-affiliated group known as UNC4736 or AppleJeus. 📅 Attack Timeline: Initiated on September 11, 2024, the hackers tricked a developer with a spoofed message from a former contractor, leading to the installation of the 'InletDrift' macOS malware. 🔓 Security Breach: Despite having robust security measures, the attack bypassed hardware wallet protections and multi-signature verification, highlighting the sophistication of the operation. 💰 Stolen Assets: The hackers stole funds from the Arbitrum and Binance Smart Chain markets, using transaction errors to collect valid signatures. 🔎 Investigation: Assisted by cybersecurity firm Mandiant, Radiant is working with law enforcement and zeroShadow to attempt to recover the stolen funds. 🔗 https://lnkd.in/eNk3gEVZ #RadiantHeist #NorthKoreanHackers #CryptoTheft #CyberSecurity #CryptoHeist #DeFiSecurity #Hacking #CriminalHackers #kraven #KravenSecurity #adamgoss #cti #threatintelligence
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Binance CISO Nathan Swain speaks to WIRED Middle East about how Binance leverages latest technologies to protect its community. For daily news and analysis subscribe to the https://lnkd.in/gZsiTT2x newsletter. #CyberSecurity #Tech #DataProtection
Binance CISO: AI is crucial in both offensive and defensive cyber strategies
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The 13-year sentence for the Ukrainian REvil hacker cements the seriousness of cybercrimes in the global threat landscape. This serves as a stern reminder that hackers exploit vulnerabilities unethically, leveraging anonymity in the vast digital cloud space. Companies can enhance their defenses against similar threats by: 1. Investing in robust intrusion detection systems that identify and block potential security breaches proactively. 2. Enhancing their employee cyber education and awareness programs, as human error accounts for a significant percentage of successful cyber attacks. 3. Regularly backing up data to ensure a quick recovery in the event of an attack. #Cybersecurity #CloudSecurity #REvil #Ransomware #CybercrimeJustice
Ukrainian REvil Hacker Sentenced to 13 Years and Ordered to Pay $16 Million
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Steven Durbin, Chief Executive of the Information Security Forum, reveals how sophisticated cybercriminal networks are disrupting the digital world. From nation-state activities and cybercrime-as-a-service to dangerous cyber weapons and cross-border crimes, these trends redefine security challenges. Dive into the evolving cybercrime landscape and its impact on global security. 🔒🌐 #CyberSecurity #DigitalThreats #ISFInsights https://lnkd.in/dk7kjrvN
From Cartels to Crypto: Trends Show Disruptive Cybercrime Evolving Rapidly - Cybersecurity Magazine
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🚀 Here's what you need to know about DORA. ⬇️ The Digital Operational Resilience Act (DORA) represents a significant milestone in the EU's efforts to strengthen the cybersecurity framework of its financial sector. DORA is designed to create a more resilient and secure financial ecosystem, ensuring that financial institutions can effectively withstand, respond to, and recover from digital disruptions. By embracing DORA’s requirements, financial entities can protect their customers, preserve trust, and mitigate the impact of cyber incidents. 📈 🔗 Learn more about DORA and how you can benefit ➡️ https://lnkd.in/dcHJPqpM 🔄 Found this helpful? ➡️ Share it with your network! #Fintech #Cybersecurity #DORA #RegulatoryCompliance #DigitalSandbox #Banking NayaOne
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🛡️ Protect Yourself from Cryptojacking with Expert Insights! 🚀 Explore our in-depth guide on understanding and preventing cryptojacking to safeguard your digital assets. Discover: ‣ What cryptojacking is and how it works ‣ Methods of spreading and signs of infection ‣ The role of Intrusion Detection Systems (IDS) in defense ‣ Effective cybersecurity practices to mitigate risks ‣ How to detect and remove cryptojacking threats ‣ Importance of regular software updates and vigilant browsing ‣ Tools and extensions for enhanced protection BLOG - https://lnkd.in/gAm3868C #cryptojacking #cybersecurity #infosec #ITsecurity #techtrends #cryptomining #dataprotection #malware #techguide #cyberdefense #digitalsecurity #securityawareness
Stop Silent Theft: How to Protect Yourself from Cryptojacking
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