[TheRecord] Qubit Finance platform hacked for $80 million worth of cryptocurrency

A threat actor has used an exploit to steal approximately $80 million from Qubit Finance, a decentralized finance (DeFi) platform that allows users to loan and speculate on cryptocurrency price variations. The hack took place late last night, on January 27, and was formally acknowledged by the platform within hours. According to an incident report of the hack, […]

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[TheRecord] Zerodium looks to buy zero-days in Outlook and Thunderbird email clients

US-based exploit broker Zerodium announced plans today to pay $200,000 and $400,000 for zero-day exploits in Mozilla Thunderbird and Microsoft Outlook, respectively, two of today’s most popular and widely used desktop email clients. The company, which buys exploits from security researchers and sells them to government and law enforcement agencies, announced its intentions earlier today […]

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[TheRecord] A new tech standard aims to combat deepfakes

The Coalition for Content Provenance and Authenticity (C2PA) announced on Wednesday that it had partnered with tech giants including Microsoft, Intel, and Adobe to launch a new standard aimed at impeding the rapid spread of deepfakes. The first-of-its-kind specification grants content creators a means to develop what the organization calls “tamper-evident” media. It will work […]

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[TheRecord] Biden administration launches initiative to protect U.S. water systems from cyberattacks

The Biden administration on Thursday will kick off an effort to protect the country’s water sector from cyberattacks, the latest attempt by the federal government to strengthen the digital defenses of the nation’s critical infrastructure. The administration will formally extend President Joe Biden’s “Industrial Control Systems Cybersecurity Initiative” — which was established last year and […]

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[TheRecord] Conti ransomware hits Apple, Tesla supplier

The Conti ransomware gang has been linked to an attack on Delta Electronics, a Taiwanese electronics manufacturing company and a major supplier of power components to companies like Apple and Tesla. The attack took place last Friday, on January 21, according to a statement shared by the company with stock market authorities. The company said the attack […]

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[TheRecord] Meta’s free philanthropic program, Free Basics, comes with a cost

Meta Connectivity (previously Facebook Connectivity) is facing scrutiny after reports emerged that their Free Basics program, which provides consumers in developing countries with free access to particular sites including Facebook, has been charging its users without their knowledge.  Free Basics launched in 2013 in collaboration with a variety of different cellular providers to better connect […]

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