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Korea Herald: North Korea’s state-sponsored Lazarus Group is believed to be behind the recent $100 million cryptocurrency theft from a US blockchain company, the latest in a spate of high-profile cyber heists from the Kim Jong-un regime, London-based blockchain analytics firm Elliptic said.
Business Wire: ECI, the leader in public cloud and cybersecurity managed services for the global financial services industry, recently commissioned IDC to write the white paper "Cybersecurity and Digital Transformation of Global Alternative Asset Institutions: A Critical Pairing” to understand the intersection of cybersecurity and digital transformation (DX) for global alternative investment institutions.
PYMNTS: Microsoft announced its plans to acquire cyberthreat analysis and research company Miburo in a Tuesday (June 14) blog post. The cybersecurity company specializes in detecting and responding to foreign information operations.
CBC: The federal government has tabled a bill that would allow it to compel companies in the finance, telecommunications, energy and transportation sectors to either shore up their cyber systems against attacks or face expensive penalties.
Bleeping Computer: Security researchers have uncovered a large-scale malicious operation that uses trojanized mobile cryptocurrency wallet applications for Coinbase, MetaMask, TokenPocket, and imToken services.
The Hill: Cyber hackers backed by China are successfully targeting U.S. telecommunications companies in major breaches, the federal Cybersecurity and Infrastructure Security Agency (CISA) warned.
Financial Post: Business leaders and cybersecurity experts are pushing the Biden administration to step up efforts to quell big hacks against US companies.
IOL: In September 2020, a North Korean hacking group known as Lazarus broke into a small Slovakian crypto exchange and stole virtual currency worth some $5.4 million (R837m). It was one of a string of cyber heists by Lazarus that Washington said were aimed at funding North Korea's nuclear weapons programme.
Dark Reading: Cloud security vendor Lacework's recent announcement that it will reduce head count as part of a restructuring plan — just months after it secured $1.3 billion in a record-setting funding round — may have shocked the high-flying cybersecurity sector, but industry analysts say the layoffs do not signal any broad, imminent industry slowdown.
Business Wire: Paladin Capital Group, a leading cyber and advanced technology investor, announced the closing of its Cyber Fund II (“the Fund”), a $372 million multi-stage fund that invests in cybersecurity startups bringing innovative technologies to market. The Fund surpassed its initial target of $250 million.
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