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French regional banking group Crédit Mutuel Arkéa admitted Wednesday that attackers had accessed an internal account via an unnamed third-party service provider’s platform and transferred funds to other financial institutions. Those funds, it said, could have then been potentially converted to cryptocurrency by the thieves. The day before, cryptocurrency news outlet CoinDesk reported that the attack had been detected…
A chain of avoidable technical and human security failures enabled the largest crypto heist on record, the theft of approximately $6.34 billion from Binance. The improper monitoring and access scoping of an internal AI tool played a major role in helping the hackers, and should serve as a warning for enterprise CISOs to take AI governance seriously. Binance’s initial findings report, published Nov. 3, describes a mon…
In this blog Flashpoint analysts examine BTMob's capabilities, the actors distributing the malware, and how leaked source code has reshaped its presence across illicit cybercriminal communities. The post Inside BTMob: How a Source Code Leak Expanded Access to a Mobile RAT appeared first on Flashpoint.
