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Bybit Confirms Record-Breaking $1.46 Billion Crypto Heist in Sophisticated Cold Wallet Attack

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Cryptocurrency exchange Bybit on Friday revealed that a "sophisticated" attack led to the theft of over $1.46 billion worth of cryptocurrency from one of its Ethereum cold (offline) wallets, making it the largest ever single crypto heist in history. "The incident occurred when our ETH multisig cold wallet executed a transfer to our warm wallet. Unfortunately, this transaction was manipulated
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OpenAI Bans Accounts Misusing ChatGPT for Surveillance and Influence Campaigns

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OpenAI on Friday revealed that it banned a set of accounts that used its ChatGPT tool to develop a suspected artificial intelligence (AI)-powered surveillance tool. The social media listening tool is said to likely originate from China and is powered by one of Meta's Llama models, with the accounts in question using the AI company's models to generate detailed descriptions and analyze documents
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Data Leak Exposes TopSec’s Role in China’s Censorship-as-a-Service Operations

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An analysis of a data leak from a Chinese cybersecurity company TopSec has revealed that it likely offers censorship-as-a-service solutions to prospective customers, including a state-owned enterprise in the country. Founded in 1995, TopSec ostensibly offers services such as Endpoint Detection and Response (EDR) and vulnerability scanning. But it's also providing "boutique" solutions in order
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Apple Drops iCloud’s Advanced Data Protection in the U.K. Amid Encryption Backdoor Demands

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Apple is removing its Advanced Data Protection (ADP) feature for iCloud from the United Kingdom with immediate effect following government demands for backdoor access to encrypted user data. The development was first reported by Bloomberg. ADP for iCloud is an optional setting that ensures that users' trusted devices retain sole access to the encryption keys used to unlock data stored in its
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Cybercriminals Can Now Clone Any Brand’s Site in Minutes Using Darcula PhaaS v3

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The threat actors behind the Darcula phishing-as-a-service (PhaaS) platform appear to be readying a new version that allows prospective customers and cyber crooks to clone any brand's legitimate website and create a phishing version, further bringing down the technical expertise required to pull off phishing attacks at scale. The latest iteration of the phishing suite "represents a significant
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