Binance said Friday that a security incident impacted about $6.3 billion in client assets, with around $3 billion frozen on-chain, marking the largest crypto hack on record. The company later added it began recovering assets impacted by the breach after pledging to cover losses using its Secure Asset Fund for Users, which the company created…
The dark web is a hidden part of the internet that isn’t indexed by standard search engines. Cyber crime group “The Gentlemen” has dumped data allegedly stolen from insurer Hollard on the dark web, escalating the fallout from a June cyber attack on its third-party technology provider, MIP Group. ITWeb understands the group demanded a…
US technology firm Anthropic says its artificial intelligence (AI) models hacked into the systems of three organisations during a cybersecurity test due to an error that gave them access to the internet. It comes just days after rival OpenAI said that its models had breached the systems of other companies, including AI tools hub Hugging…
This event is the latest in a string of worrying and weird examples of AI agents going rogue. In recent research, the UK’s AI Security Institute (AISI) found frontier AI models are so fixated on completing tasks they “cheated” in tests to achieve their goals. The research from AISI came with this worrying warning: “A…
Glenn Wilkinson, ethical hacker and CEO and co-founder of Agger Labs. Meet Jane Hacker. As her name suggests, Jane is a hacker, and she’s about to break into a new South African bank. This fictional bank is called Bueno Bank. When Jane reads about Bueno Bank’s new app, she sees an entry point. She starts…
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images U.S. cybersecurity company F5 closed down 10% on Thursday after disclosing a system breach in which a “highly sophisticated nation-state threat actor” gained long-term access to some systems. The stock had its worst day since April 27, 2022, when the stock fell 12.8%. The company…
The National Health Laboratory Service’s outdated IT infrastructure led to the 2024 cyber attack. The National Health Laboratory Service (NHLS) is still feeling the effects of the June 2024 cyber attack that rendered its ICT systems and infrastructure inaccessible, internally and externally. As a result, the national government institution did not meet 25% of its…
