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North Korea Linked to $1.4 Billion Bybit Crypto Heist: Researchers Uncover Shocking Allegations
Hackers have stolen approximately $1.4 billion in Ethereum from the crypto exchange Bybit, marking the largest crypto heist to date. Investigators, including ZachXBT and blockchain monitoring firm Elliptic, suspect North Korea’s Lazarus Group is behind the attack, citing patterns linking the theft to previous hacks involving other exchanges. North Korea has been implicated in at least 58 crypto heists, with reports suggesting it stole over $650 million in 2024 alone. Experts from TRM Labs also attribute the hack to North Korea, while Bybit has not commented on the allegations as investigations continue.
ENGlobal Cyberattack Exposes Sensitive Personal Data: What You Need to Know
U.S. engineering firm ENGlobal revealed a cybersecurity breach in November 2024, where hackers accessed sensitive personal information and encrypted data files, indicating a potential ransomware attack. The incident significantly disrupted operations, taking key business applications, including financial reporting systems, offline for six weeks. Although ENGlobal has not disclosed the number of affected individuals or specific data types compromised, the company is committed to notifying those impacted. Following the breach, ENGlobal has restored its operations and currently believes that the threat actor no longer has access to its IT systems.
US States Unite in Lawsuit Over Musk’s DOGE Access to Americans’ Personal Data
A coalition of 13 Democratic attorneys general from various U.S. states is preparing to file a lawsuit to prevent Elon Musk’s team from accessing sensitive federal government payment systems that hold personal data of Americans. This legal action aims to protect constitutional rights and community funding, particularly for individuals reliant on government assistance. Concerns have been raised about potential national security risks due to Musk’s access, given his business interests in China. The coalition has not disclosed the lawsuit’s timeline or details, highlighting the need for stringent protections around sensitive data amidst a lack of comprehensive federal privacy laws.
UK Government Pressures Apple for Backdoor Access to Encrypted Cloud Data: Latest Report
The UK government has requested Apple to create a backdoor for accessing encrypted iCloud data, raising major concerns about user privacy and data security. This demand, made under the Investigatory Powers Act 2016, seeks blanket access to all end-to-end encrypted files globally, not just specific accounts. As a result, Apple may consider discontinuing its Advanced Data Protection service in the UK. The tech giant has historically opposed backdoors, citing risks to user data and increased hacking threats. The situation highlights ongoing debates over digital privacy and government surveillance, potentially impacting user confidence in cloud services.
Beware: Indian Government Websites Redirecting Users to Scam Sites – What You Need to Know!
In recent months, concerns have resurfaced regarding scam links on Indian government websites. Despite previous reports, it appears that several official domains continue to host links that redirect users to fraudulent online betting and investment platforms. Ongoing Issues with Scam Links A recent investigation by TechCrunch uncovered over 90 instances of “gov.in” website links associated…
Clutch Secures $20M Funding to Revolutionize Non-Human Security ID Solutions
In response to the rising threats in cybersecurity, Clutch Security has secured $20 million in funding to enhance non-human identity protection. With sophisticated attacks like password theft and credential stuffing on the rise, robust identity security solutions are essential, highlighted by a recent breach at the U.S. Treasury. The funding, led by SignalFire and other investors, will support research, product development, and business expansion. Clutch integrates with nearly 60 services to secure crucial data using a zero-trust approach. As machine identities grow, the demand for innovative security measures intensifies, positioning Clutch as a potential leader in the evolving cybersecurity landscape.