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Hacker Uses A Simple Trick to Steal $7 Million Worth of Ethereum Within 3 Minutes

Hacker Uses A Simple Trick to Steal $7 Million Worth of Ethereum Within 3 Minutes

Jul 18, 2017
All it took was just 3 minutes and ' a simple trick ' for a hacker to steal more than $7 Million worth of Ethereum in a recent blow to the crypto currency market. The heist happened after an Israeli blockchain technology startup project for the trading of Ether, called CoinDash , launched an Initial Coin Offering (ICO), allowing investors to pay with Ethereum and send funds to token sale's smart contact address.. But within three minutes of the ICO launch, an unknown hacker stole more than $7 Million worth of Ether tokens by tricking CoinDash's investors into sending 43438.455 Ether to the wrong address owned by the attacker. How the Hacker did this? CoinDash's ICO posted an Ethereum address on its website for investors to pay with Ethereum and send funds. However, within a few minutes of the launch, CoinDash warned that its website had been hacked and the sending address was replaced by a fraudulent address, asking people not to send Ethereum to the pos...
Critical RCE Vulnerability Found in Cisco WebEx Extensions, Again — Patch Now!

Critical RCE Vulnerability Found in Cisco WebEx Extensions, Again — Patch Now!

Jul 17, 2017
A highly critical vulnerability has been discovered in the Cisco Systems' WebEx browser extension for Chrome and Firefox, for the second time in this year, which could allow attackers to remotely execute malicious code on a victim's computer. Cisco WebEx is a popular communication tool for online events, including meetings, webinars and video conferences that help users connect and collaborate with colleagues around the world. The extension has roughly 20 million active users. Discovered by Tavis Ormandy of Google Project Zero and Cris Neckar of Divergent Security, the remote code execution flaw (CVE-2017-6753) is due to a designing defect in the WebEx browser extension. To exploit the vulnerability, all an attacker need to do is trick victims into visiting a web page containing specially crafted malicious code through the browser with affected extension installed. Successful exploitation of this vulnerability could result in the attacker executing arbitrary code with th...
Ashley Madison to Pay $11.2 Million to Data Breach Victims

Ashley Madison to Pay $11.2 Million to Data Breach Victims

Jul 17, 2017
Ashley Madison, an American most prominent dating website that helps people cheat on their spouses has been hacked, has agreed to an $11.2 Million settlement for roughly 37 million users whose personal details were exposed in a massive data breach two years ago. Though the parent company of Ashley Madison , Ruby Corp., denies any wrongdoing, the company has pledged to pay around $3,500 to each of the hack's victims for the settlement. The settlement has to be reviewed by a federal judge in St. Louis. Ashley Madison marketed itself as a means to help people cheat on their spouses, with a tagline "Life is short. Have an affair." The site was breached in July 2015 and hackers dumped nearly 100 gigabytes' worth of sensitive data belonging to 37 million users of the casual sex and marriage affair website onto the dark web. The leaked data included victims' usernames, first and last names, email addresses, passwords, credit card data information, street...
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The Hidden Risks of SaaS: Why Built-In Protections Aren't Enough for Modern Data Resilience

The Hidden Risks of SaaS: Why Built-In Protections Aren't Enough for Modern Data Resilience

Jun 26, 2025Data Protection / Compliance
SaaS Adoption is Skyrocketing, Resilience Hasn't Kept Pace SaaS platforms have revolutionized how businesses operate. They simplify collaboration, accelerate deployment, and reduce the overhead of managing infrastructure. But with their rise comes a subtle, dangerous assumption: that the convenience of SaaS extends to resilience. It doesn't. These platforms weren't built with full-scale data protection in mind . Most follow a shared responsibility model — wherein the provider ensures uptime and application security, but the data inside is your responsibility. In a world of hybrid architectures, global teams, and relentless cyber threats, that responsibility is harder than ever to manage. Modern organizations are being stretched across: Hybrid and multi-cloud environments with decentralized data sprawl Complex integration layers between IaaS, SaaS, and legacy systems Expanding regulatory pressure with steeper penalties for noncompliance Escalating ransomware threats and inside...
Windows 10 Will Now Let You Reset Forgotten Password Directly From the Lock Screen

Windows 10 Will Now Let You Reset Forgotten Password Directly From the Lock Screen

Jul 17, 2017
Microsoft is making every effort to make its Windows 10 Fall Creators Update bigger than ever before by beefing up its security practices and hardening it against hackers and cyber attacks in its next release. Microsoft is finally adding one of the much-requested features to Windows 10: Pin and Password recovery option directly from the lock screen. Yes, the next big update of Windows 10, among other features, will allow you to recover your forgotten pin and password, allowing you to reset your Windows password directly from the lock screen. In Windows 10 Fall Creators Update, you will see "Reset password" or "I forgot my PIN" options on the login screen along with the sign-in box, mspoweruser confirmed . Once you click on the option, Windows 10 will take you to the OOBE where Cortana will help you reset your password, after you successfully verify your identity using either your secondary email, your phone number, or Microsoft Authenticator. A veri...
Two New Platforms Found Offering Cybercrime-as-a-Service to 'Wannabe Hackers'

Two New Platforms Found Offering Cybercrime-as-a-Service to 'Wannabe Hackers'

Jul 15, 2017
Cybercrime has continued to evolve and today exists in a highly organised form. Cybercrime has increasingly been commercialised, and itself become big business by renting out an expanded range of hacking tools and technologies, from exploit kits to ransomware, to help anyone build threats and launch attacks. In past few years, we have witnessed the increase in the popularity of malware-as-a-service (MaaS), which is today a prosperous business on the underground black market that offers an array of services, including ransomware-as-a-service , DDoS-as-a-service , phishing-as-a-service, and much more. Two such services have recently been spotted by two separate group of researchers, which we have detailed in this article. Ovidiy Stealer — $7 Password-Stealing Malware For Everyone A new credential stealing malware that targets primarily web browsers is being marketed at Russian-speaking web forums for as cheap as $7, allowing anyone with even little technical knowledge ...
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