hack Archives - Developer Tech News

Web3 projects lost over $2B to hacks in H1 2022

Ryan Daws — Fri, 08 Jul 2022 09:33:08 +0000

A report from CertiK finds that web3 projects lost over $2 billion to hacks in H1 2022—more than all of 2021 combined. “2022 is already the most expensive year for web3 by far. From these numbers, 2022 is forecast to see a 223% increase in the funds lost to attacks when compared with 2021,” wrote... Read more »

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Software supply chain attacks increased over 300% in 2021

Ryan Daws — Thu, 20 Jan 2022 13:54:28 +0000

We all knew there was an increase in software supply chain attacks in 2021, but a new study has quantified just how bad things got. Argon Security – recently acquired by Aqua Security – published the latest edition of its annual Software Supply Chain Security Review this week. The headline stat from Argon’s report that... Read more »

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Sonatype analysis reveals a 73 percent surge in open-source demand

Ryan Daws — Wed, 15 Sep 2021 13:22:58 +0000

A report from Sonatype has revealed a 73 percent surge in the demand for open-source despite a year of high profile vulnerabilities. The growing use of open-source to keep up with the pace of modern development makes it a prime target for cybercriminals. We’ve seen this multiple times in practice over the past year with... Read more »

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Codecov breach prompts fears of another SolarWinds-style hack

Ryan Daws — Wed, 21 Apr 2021 15:39:59 +0000

A hack impacting software testing firm Codecov is expected to have resulted in hundreds of networks being compromised, prompting fears of a fallout similar to the recent SolarWinds attack. Codecov has over 29,000 customers including companies such as IBM, Proctor & Gamble, Hewlett Packard Enterprise, Atlassian, Washington Post, and GoDaddy. The potential scale of the... Read more »

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Microsoft: Over 1,000 developers contributed to SolarWinds hack

Ryan Daws — Mon, 15 Feb 2021 15:55:54 +0000

According to Microsoft’s analysis of the devastating SolarWinds hack, over 1,000 developers were involved. The attack was described as “the largest and most sophisticated attack the world has ever seen,” by Microsoft president Brad Smith on US show 60 Minutes. SolarWinds develops software to help businesses manage their networks, systems, and IT infrastructure. The company’s... Read more »

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Decentralised platform Ethereum is hiring a dedicated security team for 2.0

Ryan Daws — Tue, 04 Aug 2020 15:49:37 +0000

The Ethereum Foundation is hiring a dedicated security team to ensure the next version of the decentralised platform is as robust as it needs to be. A lot of money relies on the security of Ethereum. The explosion in DeFi (decentralised finance) means there is now $4.3 billion “locked up” in Ethereum apps – an... Read more »

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