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U.S. Seizes Over 50K Bitcoin Worth $3.3 Billion Linked to Silk Road Dark Web

U.S. Seizes Over 50K Bitcoin Worth $3.3 Billion Linked to Silk Road Dark Web

Nov 08, 2022
The U.S. Department of Justice (DoJ) on Monday said it seized 50,676 Bitcoin in November 2021 that was stolen in the 2012 hack of the now-defunct Silk Road dark web marketplace. The bitcoin, which was obtained in 2012 and valued at $3.36 billion when it was discovered last year, is now worth $1.04 billion. Additionally recovered were $661,900 in cash, 25 Casascius coins with an approximate value of 174 Bitcoin, and gold- and silver-colored bars. It's also one of the largest cryptocurrency seizures to date, followed by the confiscation of $3.6 billion worth of bitcoin  earlier this February  tied to the 2016 breach of the Bitfinex crypto exchange. The Justice Department said it conducted the seizure on November 9, 2021, pursuant to a search warrant issued to James Zhong's house located in the U.S. state of Georgia. It also said the keys to the tokens were found in an underground floor safe and on a "single-board computer that was submerged under blankets in a popcorn t
Over 300,000 MikroTik Devices Found Vulnerable to Remote Hacking Bugs

Over 300,000 MikroTik Devices Found Vulnerable to Remote Hacking Bugs

Dec 09, 2021
At least 300,000 IP addresses associated with MikroTik devices have been found vulnerable to multiple remotely exploitable security vulnerabilities that have since been patched by the popular supplier of routers and wireless ISP devices. The most affected devices are located in China, Brazil, Russia, Italy, Indonesia, with the U.S. coming in at number eight, cybersecurity firm Eclypsium said in a report shared with The Hacker News. "These devices are both powerful, [and] often highly vulnerable," the researchers  noted . "This has made MikroTik devices a favorite among threat actors who have commandeered the devices for everything from DDoS attacks, command-and-control (aka 'C2'), traffic tunneling, and more." MikroTik devices are an enticing target not least because there are more than two million of them deployed worldwide, posing a huge attack surface that can be leveraged by threat actors to mount an array of intrusions. Indeed, earlier this Septem
SaaS Compliance through the NIST Cybersecurity Framework

SaaS Compliance through the NIST Cybersecurity Framework

Feb 20, 2024Cybersecurity Framework / SaaS Security
The US National Institute of Standards and Technology (NIST) cybersecurity framework is one of the world's most important guidelines for securing networks. It can be applied to any number of applications, including SaaS.  One of the challenges facing those tasked with securing SaaS applications is the different settings found in each application. It makes it difficult to develop a configuration policy that will apply to an HR app that manages employees, a marketing app that manages content, and an R&D app that manages software versions, all while aligning with NIST compliance standards.  However, there are several settings that can be applied to nearly every app in the SaaS stack. In this article, we'll explore some universal configurations, explain why they are important, and guide you in setting them in a way that improves your SaaS apps' security posture.  Start with Admins Role-based access control (RBAC) is a key to NIST adherence and should be applied to every SaaS a
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