Featured Image Source: Cisco Telos Cybersecurity Incident Case Study: IPFS for Phishing, Malware Campaigns As reported by the Cisco Talos Intelligence Group: The InterPlanetary File System …
The metaverse ushers in a new era of cyber threats
The reality of the metaverse, where builders aim to create a shared, immersive and interactive digital world that combines virtual reality (VR) and augmented reality (AR) with avatars, digital twins …
Continue Reading about The metaverse ushers in a new era of cyber threats
The Dangerous Flaws of Web3 Security, According To a Former Hacker
“New and improved” is the refrain of progress, but new technology doesn’t always turn out to be an improvement. In the case of the evolution from Web2 to Web3, a former hacker revealed how recent …
Continue Reading about The Dangerous Flaws of Web3 Security, According To a Former Hacker
DeFi Is At War: But Not With Who You Think
DeFi is at war. Total value locked (TVL) is at its pre-pandemic level of $50 billion, along with the prices of bitcoin and ethereum. Rising inflation is driving the cost of money out of fintech …
Continue Reading about DeFi Is At War: But Not With Who You Think
The promising impact of Web3 on data privacy and security
As we continue to enjoy user-generated content (UGC) and applications enabled by the current Social Web (Web 2.0), we cannot ignore the imminent rise of Web 3.0 (Web3). Dubbed the Semantic Web, Web3 …
Continue Reading about The promising impact of Web3 on data privacy and security
Web3 security companies emerge in China amid mounting crypto thefts and few legal protections
When Wu Caizeng lost a 20,000-yuan (US$2,800) non-fungible token (NFT) to a phishing scam in September, he sought help on Twitter, where he publicised his thief’s public blockchain address. However, …
4 critical steps toward securing Web3
The data on hacks, scams and exploits is in, and 2022 is already the most expensive year for Web3 on record. Where 2021 saw losses of $1.3 billion, losses were already at $2 billion at the close of …
Continue Reading about 4 critical steps toward securing Web3
NFT Theft: Here’s How the Dark Side of Web3 Gets Away With It
How do NFT thieves get away with heists in the millions (or even billions) of dollars, in plain sight? Crypto transactions happen on the public ledger, so finding the culprit should be simple. Despite …
Continue Reading about NFT Theft: Here’s How the Dark Side of Web3 Gets Away With It
Web3 is coming – with national security implications, too
One of the messiest and thorniest national security challenges is how to keep Australians safe from manipulative online content – now, and into the future. The matter cuts across departmental …
Continue Reading about Web3 is coming – with national security implications, too
Web3’s complexity a challenge for security as adoption of ‘the new internet’ grows
Web3 — or the new internet — is growing more mainstream recently. Despite the crypto crash, internet giants have continually invested in Web3 over the past few months. Meta started testing NFTs on …