The U.S. Federal Reserve said Wednesday it is continuing to evaluate the creation of a central bank digital currency, or CBDC, and that it intends to publish research on the subject shortly, according to Chair Jerome Powell.
U.S. FBI and Department of Homeland Security leaders fielded several cybersecurity questions from House lawmakers Wednesday, particularly around the surge in ransomware attacks, diplomatic efforts to curb ransomware's financial model, and the nation-states that harbor cybercriminals.
U.S.-based cryptocurrency exchange Coinbase has contracted with the U.S. Department of Homeland Security to provide its blockchain monitoring software, according to government tracking sites. The U.S.-based exchange also withdrew plans to launch a crypto lending program amid tensions with the SEC.
In the latest security incident involving a decentralized finance protocol, cross-chain project pNetwork announced Sunday it had been hacked for 277 pBTC, a form of wrapped bitcoin, with losses worth over $12 million at current value.
Earlier this month, McAfee Enterprise's Advanced Threat Research team, working with McAfee's Professional Services IR team, reported that an APT campaign dubbed Operation Harvest had been in operation for years. Their analysis provides insight into the group's tools, tactics and techniques.
While there is no dearth of talent among Indian bug bounty hunters, hurdles such as lack of trust, payment disputes, cost, unethical practices and lack of regulatory laws deter the growth of the bug bounty programs in the country, according to some experts.
The Mirai botnet is actively exploiting the known vulnerability CVE-2021-38647, which is part of a quarter of vulnerabilities dubbed OMIGOD, in Microsoft's Azure Linux Open Management Infrastructure framework, according to Kevin Beaumont, head of the security operations center for Arcadia Group.
CISA, the FBI and the U.S. Coast Guard Cyber Command warn users of Zoho Corp.'s single sign-on and password management tool to patch for a vulnerability that nation-state groups may look to exploit. Attackers could use the bug to compromise credentials and exfiltrate data from Active Directory.
Amid growing calls for cryptocurrency regulations, the U.S. acting comptroller of the currency has made a definitive statement on safeguarding investors and how cryptocurrency should intersect with traditional financial institutions.
New York officials won a court order shuttering cryptocurrency trading platform Coinseed, after it allegedly defrauded thousands of investors out of millions of dollars, according to State Attorney General Letitia James. The court also awarded a $3 million judgment against Coinseed and its CEO.
Microsoft has officially gone fully passwordless, allowing Windows users to replace their alphanumeric passwords with one of several substitute sign-in technologies to gain entry into a Microsoft product - a move received positively by industry insiders.
Microsoft's September Patch Tuesday security update covers 61 vulnerabilities, with four rated critical. These include a fix for the critical MSHTML Vulnerability Microsoft revealed last week and patches to a Windows scripting engine flaw and a Windows DNS flaw.
U.S. SEC Chair Gary Gensler testified before the Senate on Tuesday and again called for comprehensive cryptocurrency regulations, citing a need to reduce cybersecurity risks, other market risks, and criminal efforts to defraud investors, while simultaneously advancing the space.
The top three tactics attackers have been using to break into corporate and government networks are brute-forcing passwords, exploiting unpatched vulnerabilities, and social engineering via malicious emails, says security firm Kaspersky in a roundup of its 2020 incident response investigations.
Merger and acquisition activity picked up in September with BitSight, Tenable and Mastercard, all making deals. Moody's became BitSight's largest shareholder after making a $250 million investment in the company.