Latest cybersecurity-intelligence news from “Reuters.com” as of 12 August 2021.
Views expressed in this cybersecurity update are those of the reporters and correspondents.
Accessed on 12 August 2021, 1344 UTC.
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Over half of crypto tokens stolen in $610 million hack now returned, Poly Network says
Hackers behind one of the biggest ever digital coin heists have now returned over half of the $610 million-plus they stole, the cryptocurrency platform targeted by the hack said on Thursday.
Explainer-How hackers stole $613 million in crypto tokens from Poly Network
Hackers pulled off the biggest ever cryptocurrency heist on Tuesday, stealing $613 million in digital coins from token-swapping platform Poly Network, only to return $260 million https://www.reuters.com/technology/defi-platform-poly-network-reports-hacking-loses-estimated-600-million-2021-08-11 worth of tokens less than 24 hours later, the company said. Here’s what we know so far about the heist.
Accenture restores affected systems after reported ransomware attack
Accenture said it has fully restored certain affected systems, after a CNBC reporter tweeted https://twitter.com/EamonJavers/status/1425476619934838785 of a hacker group saying it attacked the IT consulting firm using LockBit ransomware and threatened to release the data in several hours.
NortonLifeLock creates cyber leader with $8.6 billion Avast deal
LONDON/NEW YORK (Reuters) -U.S. cybersecurity company NortonLifeLock Inc has agreed to buy London-listed rival Avast Plc for up to $8.6 billion in cash and shares to create a leader in consumer security software.
“DeFi” crime hits record high in first 7 months of 2021 -CipherTrace
Losses from theft, hacks, and fraud in “decentralized finance” or DeFi, a thriving segment in the cryptocurrency sector, hit an all-time high in the first seven months of the year, a report from crypto intelligence company CipherTrace showed on Tuesday.
Exclusive-Didi in talks with state-backed Westone to hand over data control-sources
HONG KONG (Reuters) -Chinese ride-hailing firm Didi Global Inc is in talks with state-owned information security firm Westone to handle its data management and monitoring activities, sources said, as part of its efforts to placate domestic regulators.
U.S. senators target ransomware by targeting countries that allow it
WASHINGTON (Reuters) -Two senior U.S. senators planned legislation on Thursday that would fight ransomware attacks on U.S. infrastructure by sanctioning countries the harbor cyber criminals, as well as by strengthening protections against attacks.
Italy’s ERG says only minor disruption from cyber breach
Italian renewable energy group ERG said on Wednesday a cybersecurity breach had caused only minor disruption to its information and communications technology (ICT) infrastructure, adding all its plants were working properly.
Industrial cyber security startup Nozomi Networks raises $100 million
Nozomi Networks, a San Francisco-based industrial cyber security startup, said on Monday it raised $100 million from its customers and technology partners to help build new products and expand sales.
Twitter launches competition to find biases in its image-cropping algorithm
Twitter Inc said on Friday it will launch a competition for computer researchers and hackers to identify biases in its image-cropping algorithm, after a group of researchers previously found the algorithm tended to exclude Black people and men.