#1 Trusted Cybersecurity News Platform Followed by 4.50+ million
The Hacker News Logo
Get the Free Newsletter
SaaS Security

Cryptocurrency scam | Breaking Cybersecurity News | The Hacker News

Mandiant's X Account Was Hacked Using Brute-Force Attack

Mandiant's X Account Was Hacked Using Brute-Force Attack

Jan 11, 2024 Online Security / Cryptocurrency
The compromise of Mandiant's X (formerly Twitter) account last week was likely the result of a "brute-force password attack," attributing the hack to a drainer-as-a-service (DaaS) group. "Normally, [two-factor authentication] would have mitigated this, but due to some team transitions and a change in X's 2FA policy , we were not adequately protected," the threat intelligence firm  said  in a post shared on X. The attack, which took place on January 3, 2023,  enabled  the threat actor to take control of the company's X account and distribute links to a phishing page hosting a cryptocurrency drainer tracked as CLINKSINK. Drainers refer to malicious scripts and smart contracts that facilitate the theft of digital assets from the victim's wallets after they are tricked into approving the transactions. According to the Google-owned subsidiary, multiple threat actors are believed to have leveraged CLINKSINK since December 2023 to siphon funds and tok
Cryptocurrency Firm Loses $145 Million After CEO Dies With Only Password

Cryptocurrency Firm Loses $145 Million After CEO Dies With Only Password

Feb 04, 2019
QuadrigaCX, the largest bitcoin exchange in Canada, has claimed to have lost CAD 190 million (nearly USD 145 million) worth of cryptocurrency after the exchange lost access to its cold (offline) storage wallets. Reason? Unfortunately, the only person with access to the company's offline wallet, founder of the cryptocurrency exchange, is dead. Following the sudden death of Gerry Cotten , founder and chief executive officer QuadrigaCX, the Canadian exchange this week filed for legal protection from creditors in the Nova Scotia Supreme Court until it locates and secures access to the lost funds. In a sworn affidavit filed by Cotten's widow Jennifer Robertson and obtained by Coindesk , Robertson said QuadrigaCX owes its customers some CAD 260 million (USD 198 Million) in both cryptocurrencies, including Bitcoin, Bitcoin Cash, Litecoin, and Ethereum, as well as fiat money. However, Robertson said the cryptocurrency exchange only has smaller amount in a 'hot wallet' (U
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
Cybersecurity Resources