Australian regulators will compel businesses to report cyberattacks: Report
This obligation won’t be backed by a fine if the company fails to comply, and businesses will still be permitted to pay ransoms, though this is discouraged. Go to Source
Cybersecurity
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Chinese president calls for unity on AI challenges and cyber development
Xi Jinping addressed the World Internet Conference Summit saying there is a need to “deepen” exchanges and cooperation on an international level on AI challenges and cyberspace development. Go to Source
India trained 3,000 police officials on crypto investigations in 2022–2023
The Narcotics Control Bureau and the Indian Cyber Crime Coordination Centre trained 141 officials and over 2,800 officers in the financial year 2022–2023. Go to Source
UK seeks six crypto investigators to beef up National Crime Agency
The role demands candidates to have the ability to provide strategic and tactical advice to crypto investigations, among other investigative qualities. Go to Source
SEC plans scrutiny of crypto dealer-brokers, transfer agents, per 2024 exam guide
The SEC sets examination priorities based on feedback from examiners and input from investors and the industry. Go to Source
Immunefi launches on-chain bug bounties through ‘Vaults’ system
The Web3 security platform now allows projects to deposit bounty funds to a Safe smart contract, proving the funds are available. Go to Source
Security platforms warn about hidden phishing and wallet drainer links
Cybersecurity professional Christian Seifert gave an example on how Discord’s measure against malicious links can be abused by scammers. Go to Source
WinRAR patches zero-day bug that targeted stock and crypto traders
According to cybersecurity firm Group-IB, weaponized ZIP file archives were being shared on crypto trading forums, with each one containing a nasty surprise. Go to Source
Quantstamp introduces tool to detect protocols’ flash loan attack vulnerability
The new service, called Economic Exploit Analysis, uses University of Toronto research and will work on any EVM-compatible blockchain. Go to Source
Firms have mere hours to deflect cyber attacks, warns cybersecurity CEO
Palo Alto Networks CEO Nikesh Arora has warned that “bad actors are getting faster” and stressed that companies need to beef up cybersecurity defenses. Go to Source