In other news, Bybit suffered a $1.4 billion crypto theft due to a spoofed transaction, but assured clients their assets are secure. The US Coast Guard minimized a payroll data breach thanks to a vigilant officer, while Atlassian is addressing critical vulnerabilities in its software. The SEC has launched a new unit to combat crypto crime, and a new phishing tool, Darcula-Suite 3.0, simplifies phishing attacks. Lastly, the SANS Institute is hosting a hackathon to develop open-source AI security solutions.
Key takeaways:
- Apple has decided to turn off its Advanced Data Protection end-to-end encryption service for UK users in response to the UK government's demand for access to iCloud data.
- Over $1.4 billion worth of Ethereum-based tokens were stolen from cryptocurrency exchange Bybit due to a spoofed transaction during a wallet transfer.
- The US Coast Guard minimized the impact of a payroll system breach thanks to the diligence of a junior Petty Officer who reported anomalous activity.
- The US SEC has launched the Cyber and Emerging Technologies Unit to combat crypto crime and protect retail investors from fraud.