Generative Data Intelligence

Tag: Security Infrastructure

NSA Publishes Best Practices for Improving Network Defenses

The National Security Agency (NSA) this week published a set of best practices for organizations looking to improve the overall security of their networks.

The guidance is meant to be generic, applicable to a broad range of network devices, and should help administrators prevent adversaries from exploiting their networks.

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Palo Alto Networks Introduces the Autonomous Security Platform, Cortex XSIAM

The new AI-driven platform brings threat response times from days to minutes and provides a modern alternative to SIEM. Cortex XSIAM is currently available to a limited set of customers with general availability expected later this year.

CISA Creates List of Free Cybersecurity Tools and Services for Defenders

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) on Friday announced that it has compiled a list of free cybersecurity tools and services that can help organizations reduce risk and improve resilience.

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Solving the Quantum Decryption ‘Harvest Now, Decrypt Later’ Problem

There are two important problems for encryption: the keys and their distribution. Distribution is generally done via asymmetric encryption – but the distribution can be intercepted, and the asymmetric encryption cracked. 

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Webinar Today: Meet the Inventors of Onion Routing

Webinar reunites inventors of onion routing to talk about the past, present, and future of their invention

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Webinar Tomorrow: Meet the Inventors of Onion Routing

Webinar reunites inventors of onion routing to talk about the past, present, and future of their invention

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FCC: Telecom Firms Requested $5.6 Billion to Replace Chinese Gear

The U.S. government has allocated $1.9 billion to help small telecom providers replace Chinese equipment in their networks, but the Federal Communications Commission (FCC) says these companies have requested $5.6 billion.

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EverRise Expands DeFi Security Infrastructure to Fantom and Avalanche

PRESS RELEASE. EverRise, the blockchain bridging and security solution provider that brought the buyback to crypto, expanded to the Fantom and Avalanche blockchains over the weekend. With the addition of these two blockchains, the EverRise token (RISE) and ecosystem is now available on a total of 5 blockchains. The Fantom and Avalanche blockchains offer EverRise […]

Crypto.com Introduces WAPP Program, Following its Protocol Breach


Crypto.com has announced a new set of initiatives to combat possible hacks on its users in the future and also to protect them. (Read More)

Crypto.com shares details on security breach: 483 accounts compromised

Approximately $33.8 million in crypto assets were stolen from Crypto.com following a security breach on Monday.

Crypto.com Restores Withdrawals After Reportedly Losing $15m To Hackers

Crypto.com, the popular cryptocurrency exchange platform, halted all deposits and withdrawals on Monday, January 11, citing “unauthorized activity” on some accounts. It has, however, reinstated some accounts and withdrawal services, noting that the accounts are now safe. News From Yesterday According to security and data analytics firm PeckShield, Crypto.com has been the latest target of a cyberattack, with about $15 million worth of cryptocurrency stolen. At least 4,600 Ether has been taken from some of the exchange’s accounts. Crypto.com issued a tweet informing users that a number of users have reported suspicious behavior on their accounts. Withdrawals will be temporarily halted as their staff investigates the situation. All of the monies are safe, according to the message. We have a small number of users reporting suspicious activity on their accounts. We will be pausing withdrawals shortly, as our team is investigating. All funds are safe. — Crypto.com (@cryptocom) January 17, 2022 Dogecoin (DOGE) founder Billy Markus spotted a strange transaction pattern on Etherscan, leading the firm to suspend all transactions until it can figure out what’s wrong with their platform. Several users reported on social media that their tens of thousands of dollars worth of digital assets had vanished from the exchange. I really hope @cryptocom gets their shit together. Because a lot of theft is going on and if you check https://t.co/tO1rPRGTgC from the cryptocom wallet address. You’ll see a bunch of 2ETH to 5ETH transactions being sent to wallets with single transactions. How did it bypass 2FA? — BEN BALLERâ„¢ (@BENBALLER) January 17, 2022 Ben Baller, a cryptocurrency enthusiast and jeweller, claimed that his account had been hacked and that he had lost 4.28 Ether (ETH) (about $15,000). He also said he used two-factor authentication, meaning that the suspected criminals had to get around some of Crypto.com’s security measures. BTC/USD yet to break psychological barrier. Source: TradingView Tornado Cash was used to move the funds, making it harder to track. Technical glitches on cryptocurrency trading platforms have been increasingly widespread in recent months. Even some of the most prominent crypto exchanges have experienced significant disruptions during peak period. Related article | Sports NFT Marketplace Lympo Suffers An $18.7 Million Hack Crypto.com Lost $15 Million To The Hack Although Crypto.com claims that the accounts are safe, Peckshield, a blockchain security and data analytics firm, claims that the exchange has lost a whopping $15 million in the recent theft, or at least 4,600 ETH. The @cryptocom loss is about $15M with at least 4.6K ETHs and half of them are currently being washed via @TornadoCash https://t.co/PUl6IrB3cp https://t.co/6SVKvk8PLf pic.twitter.com/XN9nmT857j — PeckShield Inc. (@peckshield) January 18, 2022 CEO Kris Marszalek stated on Twitter that no customer funds had been lost. In reaction to the event, the Crypto.com team reinforced the exchange’s security infrastructure, he noted. The security incident is currently being investigated internally at the exchange. Some thoughts from me on the last 24 hours: – no customer funds were lost – the downtime of withdrawal infra was ~14 hours – our team has hardened the infrastructure in response to the incident We will share a full post mortem after the internal investigation is completed. — Kris | Crypto.com (@Kris_HK) January 18, 2022 After hours of waiting, Crypto.com tweeted that security on all accounts is being increased out of an abundance of caution, asking users to sign in to their App & Exchange accounts and Reset their 2FA. They also stated that this update will be gradually given out to users over the next few hours. Withdrawals will be re-enabled once this process is completed. They stated that they recognize that this may be inconvenient for users, but that security comes first. With over 10 million customers, Crypto.com is one of the most popular trading platforms in the United States. We’d like Crypto.com to provide us with more information about this. Related article | Largest DeFi Hack Yet? BadgerDAO Hack Results In Loss Of $120M+

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