Network News KELP DAO EXPLOIT: A cross-chain bridge holding nearly a fifth of a restaked ether token’s circulating supply just got drained, and the fallout is moving through DeFi faster than Kelp DAO can pause contracts. An attacker drained 116,500 rsETH (restaked ether) from Kelp DAO’s LayerZero-powered bridge at 17:35 UTC over the weekend, worth...Read More
The House of Representatives on Wednesday passed the first reading of a landmark bill aimed at amending the controversial Cybercrime Act. The proposed legislation, titled, “Cybercrime Prohibition, Prevention (Amended) Bill (HB 2740), ” was introduced by the House spokesperson, Akin Rotimi (APC, Ekiti), and seeks to dismantle the legal ambiguities that have frequently been used...Read More
Microsoft will be evaluating third-party artificial intelligence systems to pair with its network monitoring to see if powerful AI models can meet its internal cybersecurity benchmarking standards. In a Wednesday announcement, Microsoft detailed plans to partner with other members of the AI industry to eventually integrate its products into the company’s security platforms to defend against...Read More
In a groundbreaking crackdown, the Muzaffarpur police have successfully dismantled an elaborate international cybercrime syndicate involved in the theft and trafficking of sensitive personal information of Indian citizens. Patna: Muzaffarpur police on Wednesday busted an international cybercrime syndicate, involved in stealing and selling sensitive personal data of Indian citizens to foreign criminals, and arrested four...Read More
We are at an inflection point in cybersecurity. Recent advances in AI model capabilities are changing how vulnerabilities are discovered and exploited. AI models can autonomously discover weaknesses, chain multiple lower-severity issues into working end-to-end exploits, and produce working proof-of-concept code. This significantly compresses the window between vulnerability discovery and exploitation. These changes require organizations...Read More
Ransomware activity in the UK dropped sharply in 2025, but more organisations are being successfully compromised, pointing to a shift towards more targeted and effective attacks. According to data from SonicWall, ransomware detections fell by 87% year on year, yet the number of organisations affected increased by 20%. The figures suggest attackers are moving away...Read More
Automated AI vulnerability discovery is reversing the enterprise security costs that traditionally favour attackers. Bringing exploits to zero was once viewed as an unrealistic goal. The prevailing operational doctrine aimed to make attacks so expensive that only adversaries with functionally unlimited budgets could afford them, thereby disincentivising casual use. However, the recent evaluation by the...Read More
Ransomware activity in the UK dropped sharply in 2025, but more organisations are being successfully compromised, pointing to a shift towards more targeted and effective attacks. According to data from SonicWall, ransomware detections fell by 87% year on year, yet the number of organisations affected increased by 20%. The figures suggest attackers are moving away...Read More
The UAE marked Earth Day on April 22 by highlighting a series of new environmental, renewable energy, and water security initiatives aimed at strengthening its position as a global leader in sustainability. Observed annually worldwide, Earth Day encourages collective action to address climate change, biodiversity loss, pollution, rising temperatures, and other environmental challenges. In the...Read More
The Buzz ■ UK cybersecurity officials confirmed over 100 nations now deploy commercial phone-hacking spyware, per TechCrunch ■ British businesses and critical infrastructure are ‘underestimating the threat’ from surveillance tools originally marketed for counterterrorism ■ The warning highlights how spyware from vendors like NSO Group and Paragon has evolved from targeted law enforcement to widespread...Read More
