Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Recent years have witnessed a sharp surge in DDoS attacks, and the cost of attack is also steadily increasing. SMEs spend, on average, $120k per attack. As more and more businesses move to the cloud, it is essential to be aware of the risks associated with DDoS attacks. The cost of DDoS attacks can affect your company’s bottom line as it can shut down its infrastructure, applications, communications, and other vital services.

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.

Illustration by jcomp On Sept. 15, Uber Technologies Inc. was breached by an 18-year-old. The hacker purchased an employee’s stolen credentials from the dark web and pushed a flood of multi-factor authentication (MFA) requests and fake IT messages to them in hopes of getting into their account. Irritated by the non-stop pop-ups, the employee caved in and approved the request, unwittingly setting off a cyberattack.

On September 11th, 2022, Snyk published a vulnerability report for the popular CSRF token management csurf npm package. The vulnerability impacts all known versions, which are currently yielding more than 400,000 downloads per week. The vulnerability report is based on the public disclosure by security consultant Adrian Tiron and their write-up on the Fortbridge blog.

Ransomware and other malicious threats have become commonplace around the globe. But the reality is, whether it be encrypted records, stolen email credentials, or exfiltrated financial statements, these incidents generally involve a limited number of individuals or groups. Before your feathers are completely ruffled, understand that by no means am I minimizing the impact cybercriminals can have on a business. But have you considered attacks of greater scale? Perhaps those that affect the populus?

On Thursday evening, around 6:25 PM, Uber announced that it was responding to a cybersecurity incident. While Uber hasn’t gone into details about what happened, the purported threat actor has openly corresponded with several security professionals, including Sam Curry at Yuga Labs, Corben Leo at Zellic.io and The New York Times. According to both Curry and Leo, multiple systems were impacted.