The January memorandum from President Biden’s Office of Management and Budget calls for adopting multifactor authentication that includes the verification of device-based security controls, continuous monitoring, and authentication and mandates a switch to phishing-resistant MFA by January 2023.
Rising offensive cyber star NetSPI has received a massive follow-up investment from KKR to pursue acquisitions and expand its technological and geographic footprint. KKR's $410 million bet comes on the heels of 50% organic sales growth for NetSPI in 2021 and 61% sales growth thus far in 2022.
In this episode of "Cybersecurity Unplugged," Amit Shah, director of product marketing at Dynatrace, discusses the implications of the Log4Shell software vulnerability and the need for organizations to take an observability-led approach to software development and security going forward.
A cryptocurrency thief is hacking into other scammers' fraudulent liquidity mining websites to reach directly into the digital wallets of victims. The threat actor, dubbed "Water Labbu" by Trend Micro, has so far filched 316,728 USDT and infected 45 fraudulent decentralized applications.
Qualys has purchased a startup founded by longtime Qualcomm leaders to help detect supply chain infections, crypto miners and unauthorized activity in the cloud. The deal will allow customers to detect active exploitation, identify advanced threats and create an adaptive risk mitigation program.
A hacker exploited a smart contract bug to steal about $29 million from DEX aggregator Transit Finance. Within hours of the theft, the attacker returned nearly $19 million - but not before keeping a $2 million "bug bounty" and losing $1.1 million to a bot theft.
A council chaired by Treasury Secretary Janet Yellen and comprised of the heads of major federal financial regulatory agencies called on Congress to more closely regulate the spot market for crypto assets. A report from the council identifies risks in digital assets, including cybersecurity.
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