Binance said Friday that a security incident impacted about $6.3 billion in client assets, with around $3 billion frozen on-chain, marking the largest crypto hack on record. The company later added it began recovering assets impacted by the breach after pledging to cover losses using its Secure Asset Fund for Users, which the company created...
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Binance’s pledge to absorb an estimated $6.3 billion theft leaves the exchange responsible for replacing customers’ assets while investigators pursue a recovery whose timing and outcome remain uncertain. Following the hack, Binance said its emergency reserve, known as the Secure Asset Fund for Users (SAFU), and corporate funds would cover all losses, CoinDesk reported Friday...
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Microsoft ranks North Korean hacking groups by AI adoption. Source: Microsoft Jade Sleet, Coral Sleet and Jasper Sleet are at the top step while Diamond Sleet, Onyx Sleet, Pearl Sleet and Sapphire Sleet are in the accelerating step. Emerald Sleet is in the expanding step and currently no group is in the emerging step. Microsoft...
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ORLANDO, Fla. – A Central Florida man who was arrested last month on child sex abuse material possession allegations is now facing 100 charges.Osceola County Sheriff Chris Blackmon joined Florida Attorney General James Uthmeier for a news conference in Orlando Wednesday to announce the new charges.In September, the Osceola County Sheriff’s Office announced that the...
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What we know: Detectives wrapped up a seven-day operation called Operation Polk Around & Find Out II, running dual undercover investigations at the same time. The first sting targeted adults attempting to travel to meet minors for sexual activity, resulting in 32 arrests. Staggering criminal histories Officials said those arrested brought a combined history of...
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Hundreds of people were arrested in undercover stings targeting child predators and human trafficking, Florida Attorney General James Uthmeier announced Friday. Uthmeier and Polk County Sheriff Grady Judd said 281 people had been arrested during the seven-day operation dubbed “Polk Around and Find Out II.” According to officials, a traveler sting targeting adults who set...
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Also: US Healthcare Faces New Risks, Anthropic’s Cloud Dependence Raises AI Risks Anna Delaney (annamadeline) • October 30, 2026     Clockwise, from top left: Anna Delaney, Mathew Schwartz, Michael Novinson and Marianne Kolbasuk McGee In this week’s panel, four ISMG editors discussed the PHP2Shell threat and the “Black October” attacks, U.S. healthcare cybersecurity and...
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Pedigo Products Inc., a manufacturer of medical and healthcare equipment including surgical tables, medical carts and related products used in healthcare facilities, disclosed a data breach resulting from a ransomware attack.In July 2026, an organized cybercrime group gained access to Pedigo Products’ corporate network. The group then launched a cyberattack on Sept. 15, 2026. In...
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More than Shs5.3 billion was lost to cybercrime in Uganda last year, according to the Uganda Police Annual Crime Report, exposing the growing threat to the country’s digital economy. In response, Centenary Bank has brought together some of Uganda’s brightest university students for a high-stakes university cybersecurity hackathon to tackle emerging cyber threats and help...
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A notorious North Korean hacking unit may have compromised a single Binance employee’s laptop to pull off the record-breaking $6.3 billion hack of the cryptocurrency exchange – indicating a potential inside job or a stunning AI-powered infiltration of the company’s software. Binance, the world’s largest crypto exchange, initially said the digital theft of the century may...
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