Category: Threats and Challenges in Cloud Security

Chinese APT Exploits VPN Vulnerabilities to Target OT Organizations Worldwide

SECITHUB
A mysterious hacker wearing a black hoodie sits in front of a laptop, surrounded by red digital code with the Chinese flag

A New Cyber Threat Targeting OT Networks In a major cybersecurity alert, threat intelligence experts have discovered that a Chinese state-sponsored APT (Advanced Persistent Threat) group has been actively exploiting VPN vulnerabilities to infiltrate Operational Technology (OT) organizations worldwide. OT networks, which manage critical infrastructure like energy grids, water treatment facilities, and manufacturing plants, have become prime targets for nation-state attackers. The exploitation of unpatched VPN systems enables these threat actors to bypass traditional IT security controls, gaining direct access to sensitive industrial environments. This attack underscores the increasing risks…

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The Largest Crypto Heist Ever | Bybit Breach Leads to a $1.5 Billion Theft

SECITHUB
"BYBIT" with a hacker in the background

The Rise of Sophisticated Cyber Attacks in the Crypto Space The cryptocurrency market has long been a prime target for cybercriminals. The decentralized nature of blockchain, the high-value assets at stake, and the evolving attack vectors make exchanges a lucrative opportunity for hackers. In what could be the largest cryptocurrency heist in history, Dubai-based crypto exchange Bybit confirmed a devastating security breach, resulting in the theft of approximately $1.5 billion in Ethereum (ETH). This incident surpasses previous record-breaking breaches in the industry and highlights significant security gaps in crypto exchange…

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