Ethereum News Daily Official TheBitTimes.com

Ex-Orbit Bridge employee suspected of facilitating $80 million attack , the investigation shows. The South Korean company Ozys, behind developing the cross-chain bridge Orbit Bridge, has accused its former employee of facilitating a recent attack on the protocol. According to the blog, based on the preliminary investigation, the CISO weakened the internal firewall settings on Nov. 22, 2023. Two days earlier, this employee submitted a resignation letter of his own free will. On Dec. 6, 2023, he left his position but should have warned the company about changes made to security settings. Ozys did not disclose the name of the former employee . According to local media reports, the company contacted the police with a request to verify this information and also filed a claim for damages against the ex-colleague. “The police are expected first to investigate whether Mr. A allowed unidentified hacking forces to infiltrate by arbitrarily changing the security policy and the poss...

SlowMist reveals a sophisticated APT attack by North Korea’s Lazarus Group targeting the cryptocurrency industry. Blockchain security firm SlowMist has recently revealed an alarming revelation: The infamous North Korean Lazarus Group is actively targeting the crypto currency industry through an advanced persistent threat (APT) attack . SlowMist Security Alert Recently, we and our partners discovered a large-scale APT attack directed by the North Korean #LazarusGroup against the crypto currency industry. The attack method is as follows: The attack er first disguises his identity, deceives the auditor… pic.twitter.com/XsM7F0bPcV — SlowMist (@SlowMist_Team) September 12, 2023 What are APT Attacks? An advanced persistent threat (APT) is a prolonged, target ed cyber attack where an intruder gains access to a network and remains undetected for an extended period. This kind of attack is generally state-sponsored or carried out by well-funded criminal organizations. What...