Risky Business Podcast

August 03, 2022

Risky Business #674 -- "Free money" exploit spawns $150m blockchain feeding frenzy

Presented by

Patrick Gray
Patrick Gray

CEO and Publisher

Adam Boileau
Adam Boileau

Technology Editor

On this week’s show Patrick Gray and Adam Boileau discuss the week’s security news, including:

  • Taiwan tensions fail to conjure the cyber apocalypse
  • Crypto bridge exploit results in $150m feeding frenzy
  • Chainalysis evidence to be challenged in court
  • Post-quantum NIST candidate algorithm gets smoked
  • DSIRF’s Russia links
  • Much, much more

This week’s sponsor interview is with Jerrod Chong from Yubico. He’s joining the show to talk about why consumer-focussed implementations of Webauthn like Apple’s Passkeys aren’t a great enterprise solution.

Links to everything that we discussed are below and you can follow Patrick or Adam on Twitter if that’s your thing.

Risky Business #674 -- "Free money" exploit spawns $150m blockchain feeding frenzy
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Show notes

Taiwanese websites hit with DDoS attacks as Pelosi begins visit

'Frenzied mob' steals more than $156 million from crypto platform Nomad - The Record by Recorded Future

Bitcoin Fog Case Could Put Cryptocurrency Tracing on Trial | WIRED

Post-quantum encryption contender is taken out by single-core PC and 1 hour | Ars Technica

Federal court system suffered previously undisclosed breach, congressional committee says

Australian police charge man with developing spyware used by more than 14,500 people - The Record by Recorded Future

Risky Biz News: Microsoft puts the limelight on another spyware maker—DSIRF from Austria

Eavesdropping probe finds Israeli police exceeded authority | AP News

Hacker use of Microsoft macros plummeted after default block: report - The Record by Recorded Future

On security researcher's newsletter, exposing cybercriminals behind ransomware

Luxembourg energy companies struggling with alleged ransomware attack, data breach - The Record by Recorded Future

At least 34 healthcare orgs affected by alleged ransomware attack on OneTouchPoint - The Record by Recorded Future

American Dental Association says April cyberattack involved ransomware - The Record by Recorded Future

Ransomware group demands £500,000 from British schools, citing cyber insurance policy - The Record by Recorded Future

Hackers stole passwords for accessing 140,000 payment terminals | TechCrunch

Experts warn of hacker claiming access to 50 U.S. companies through breached MSP - The Record by Recorded Future

German prosecutors issue warrant for Russian government hacker over energy sector attacks - The Record by Recorded Future

The commercial satellite boom is leaving space vulnerable to hackers - The Record by Recorded Future

Report to Congress of the U.S.-China Economic and Security Review Commission - U.S.-China Economic and Security Review Commission - Google Books

Spanish police arrest two accused of hacking radioactivity alert system - The Record by Recorded Future