You’ve probably watched at least one movie or TV show where a hacker sneaks into someone’s house, finds a computer, and then guesses the password on the first try. They then declare, “I’m in!” before downloading reams of sensitive data.
San Francisco-based dYdX, a widely used decentralized crypto exchange with roughly $1 billion in daily trades, has had its NPM account hacked in a software supply chain attack that was likely aimed at gaining access to the company’s production systems. The company, founded by ex-Coinbase and Uber engineer Antonio Juliano, dYdX has raised a total of $87 million in funding over 4 rounds and is backed by some powerhouse investors, including Paradigm, a16z, and Polychain. Here is what we know.
From making contactless payments on mobile payment apps and viewing paperless menus to contact tracing Covid-19 cases, QR (Quick Response) codes are everywhere and in popular usage. This ubiquity and convenience have also made QR codes popular and lucrative targets for cybercriminals who leverage malicious QR codes to illegally gain access to confidential information, spread malware, or steal money.
Ever heard of pretexting? And no, we’re not talking about when you first carefully draft a risky text message before sending it! Pretexting is a sneaky and highly effective form of social engineering that attackers use to dupe people into sharing their personal information.
In our companion blog post, Vedere Labs analyzed the main ransomware trends we observed in the first half of 2022, including state-sponsored ransomware, new mainstream targets and evolving extortion techniques. Ransomware is the main threat targeting most organizations nowadays. However, three other notable cyberthreat trends also evolved during this period: Below we analyze each of these trends in more detail.
Organizations must implement effective account protection measures or put themselves at heightened risk of data breaches and other serious cyber attacks, such as ransomware injections. Multi-factor authentication (MFA) is a crucial component of any organization’s cybersecurity program. MFA adds an additional layer of security, helping prevent hackers from gaining unauthorized access to sensitive data.
Read also: Microsoft disrupts a phishing operation targeting NATO countries, the use of wiper malware expands beyond Ukraine, and more.
