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Coinbase Customer Info Stolen by Bribed Insiders

Insider threat is a major problem and getting worse all the time. Coinbase, the largest US-based cryptocurrency exchange, has disclosed a major data breach involving bribed overseas customer support agents who stole sensitive customer information. The attackers demanded a $20 million ransom, which Coinbase refused to pay. Instead, the company has offered a $20 million reward […]

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EU Launches Vulnerability Database in Wake of CISA Cuts

With the feds planning to cut, maybe, 40 percent of CISA’s staff and a half billion dollars, the EU is making its own plans. Just last month CISA almost shut down the Mitre Common Vulnerabilities and Exposures database that the industry is dependent on. CISA only renewed the contract with one hour to space and […]

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Security News Bites for May 9, 2025

Wrong Number Scam Text Messages This scam is becoming very popular. You get a text from a number that is not in your phone book trying to engage you. “How is your sore back?” “How are you?” “Sorry, I’m running late” Anything to engage you. Once you are engaged they figure you are invested in […]

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While Nation-States Attack Us, DC Fiddles

Well, I am not sure that anyone in DC is actually fiddling, but they certainly are not doing much to solve the problem. A panel of policymakers at the RSA Conference in San Francisco this week were very clear on the threat. Salt Typhoon, a China-backed threat group, is particularly scary, having demonstrated uncanny skill in […]

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SURPRISE: Mobile Apps Are Not Very Secure

Probably this does not come as a surprise. Unfortunately. Researchers analyzed a half million apps and here is what they found. One in five (20%) have hard coded the encryption keys that protect your data, so that anyone who has the app can look at your data. One in six use software libraries that have […]

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