Financial Theft
Drift loses $280 million North Korean hackers seize Security Council powers
The Drift Protocol lost at least $280 million after a threat actor took control of its Security Council administrative powers in a planned, sophisticated operation. Blockchain intelligence firms Elliptic and TRM Labs linked the attacks to North Korean threat actors, based on multiple on-chain indicators consistent with DPRK tradecraft. These include Tornado Cash usage, CarbonVote deployment timing (09:30 Pyongyang time), cross-chain […]
EU court adviser says banks must immediately refund phishing victims
Athanasios Rantos, the Advocate General of the Court of Justice of the EU (CJEU), has issued a formal opinion suggesting that banks must immediately refund account holders affected by unauthorized transactions, even when it’s their fault. The opinion was issued in response to a request for a preliminary ruling submitted by the District Court in Koszalin, Poland, […]
Google says 90 zero-days were exploited in attacks last year
Google Threat Intelligence Group (GTIG) tracked 90 zero-day vulnerabilities actively exploited throughout 2025, almost half of them in enterprise software and appliances. The figure is a 15% increase compared to 2024, when 78 zero-days were exploited in the wild, but lower than the record 100 zero days tracked in 2023. Zero-day vulnerabilities are security issues […]
Step Finance says compromised execs’ devices led to $40M crypto theft
Step Finance announced that it lost $40 million worth of digital assets after hackers compromised devices belonging to the company’s team of executives. The platform detected the breach on January 31 and engaged cybersecurity researchers who helped it recover some of the stolen assets. Step Finance is a decentralized finance (DeFi) platform and analytics tool built […]
Hacker steals over $120 million from Balancer DeFi crypto protocol
The Balancer Protocol announced that hackers had targeted its v2 pools, with losses reportedly estimated to be more than $128 million. Balancer is a decentralized finance (DeFi) protocol built on the Ethereum blockchain as an automated market maker and liquidity infrastructure layer. It provides flexible pools with custom token mixes, allowing users to deposit assets, […]
Massive surge of NFC relay malware steals Europeans’ credit cards
Near-Field Communication (NFC) relay malware has grown massively popular in Eastern Europe, with researchers discovering over 760 malicious Android apps using the technique to steal people’s payment card information in the past few months. Contrary to the traditional banking trojans that use overlays to steal banking credentials or remote access tools to perform fraudulent transactions, […]
North Korean hackers stole over $2 billion in crypto this year
North Korean hackers have stolen an estimated $2 billion worth of cryptocurrency assets in 2025, marking the largest annual total on record. The figure brings the total confirmed amount stolen by these threat actors to more than $6 billion. According to the United Nations and government agencies, these funds are used to further the development […]
FBI warns of cybercriminals using fake FBI crime reporting portals
The FBI warned today that cybercriminals are impersonating its Internet Crime Complaint Center (IC3) website in what the law enforcement agency described as “possible malicious activity.” Although it didn’t share any examples and didn’t point to specific attacks, the FBI said that such spoofed websites could be used by attackers in financial scams or to steal […]
Hackers breach fintech firm in attempted $130M bank heist
Hackers tried to steal $130 million from Evertec’s Brazilian subsidiary Sinqia S.A.after gaining unauthorized access to its environment on the central bank’s real-time payment system (Pix). Evertec is a public financial technology giant that stands as a major full-service transaction processor in Latin America, Puerto Rico, and the Caribbean. Sinqia, acquired by Evertec in 2023, […]
Hackers plant 4G Raspberry Pi on bank network in failed ATM heist
The UNC2891 hacking group, also known as LightBasin, used a 4G-equipped Raspberry Pi hidden in a bank’s network to bypass security defenses in a newly discovered attack. The single-board computer was physically connected to the ATM network switch, creating an invisible channel into the bank’s internal network, allowing the attackers to move laterally and deploy […]