Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Database Security
Authentication
Mobile
Privacy
Compliance
Careers and People
Identity & Access Management
Security Monitoring
Advanced Threats
Insider Threats
Vulnerability Management
Comments
Major Bitcoin Exchange Suspends Service, Suspecting Attack
Newest First  |  Oldest First  |  Threaded View
RyanSepe
RyanSepe,
 User Rank: Ninja
1/6/2015 | 9:22:42 AM
Re: Safeguards
Well there are many potential benefits to the bitcoin. It behaves similar to a stock in that it appreciates and depreciates. But it is a volatile currency. The digital medium of the currency makes it easy to store and transport. It is non-government regulated which also has its ups and downs but its an alternative means of currency and that is what I attribute to its largest value. Not indicative of national restraints. Universal value.

But as you say @Marilyn Cohodas, with it being a completely digital nature of the bitcoin exposes it to a plethora of exploits.
Marilyn Cohodas
Marilyn Cohodas,
 User Rank: Strategist
1/6/2015 | 9:09:11 AM
Re: Safeguards
Have to admit, I haven't warmed up -- or even totally understand -- the concept of Bitcoin and the potential for exploitation scares me. 
RyanSepe
RyanSepe,
 User Rank: Ninja
1/6/2015 | 8:51:04 AM
Safeguards
I know a big proponent to the bitcoin is that they are not government regulated. But there are a few inherent flaws with the digital currency, which I know from experience of owning a couple of bitcoins myself. First is that when you have a bitcoin wallet, you most likely have it stored locally. Bitcoin banks need to treat their distribution of coins more closely to regular banks.

I think the main question here is: Are bitcoin distributors safeguarding their "data" in a similar fashion as banks treat their data? This isn't to say they will still not experience a breach because it happens to banks anyway but to minimize risk it would behoove these organizations to try and implement similar security frameworks. I would say due to the previous events the answer is most likely no.


Edge-DRsplash-10-edge-articles
I Smell a RAT! New Cybersecurity Threats for the Crypto Industry
David Trepp, Partner, IT Assurance with accounting and advisory firm BPM LLP,  7/9/2021
News
Attacks on Kaseya Servers Led to Ransomware in Less Than 2 Hours
Robert Lemos, Contributing Writer,  7/7/2021
Commentary
It's in the Game (but It Shouldn't Be)
Tal Memran, Cybersecurity Expert, CYE,  7/9/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
Everything You Need to Know About DNS Attacks
It's important to understand DNS, potential attacks against it, and the tools and techniques required to defend DNS infrastructure. This report answers all the questions you were afraid to ask. Domain Name Service (DNS) is a critical part of any organization's digital infrastructure, but it's also one of the least understood. DNS is designed to be invisible to business professionals, IT stakeholders, and many security professionals, but DNS's threat surface is large and widely targeted. Attackers are causing a great deal of damage with an array of attacks such as denial of service, DNS cache poisoning, DNS hijackin, DNS tunneling, and DNS dangling. They are using DNS infrastructure to take control of inbound and outbound communications and preventing users from accessing the applications they are looking for. To stop attacks on DNS, security teams need to shore up the organization's security hygiene around DNS infrastructure, implement controls such as DNSSEC, and monitor DNS traffic
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2023-33196
PUBLISHED: 2023-05-26
Craft is a CMS for creating custom digital experiences. Cross site scripting (XSS) can be triggered by review volumes. This issue has been fixed in version 4.4.7.
CVE-2023-33185
PUBLISHED: 2023-05-26
Django-SES is a drop-in mail backend for Django. The django_ses library implements a mail backend for Django using AWS Simple Email Service. The library exports the `SESEventWebhookView class` intended to receive signed requests from AWS to handle email bounces, subscriptions, etc. These requests ar...
CVE-2023-33187
PUBLISHED: 2023-05-26
Highlight is an open source, full-stack monitoring platform. Highlight may record passwords on customer deployments when a password html input is switched to `type="text"` via a javascript "Show Password" button. This differs from the expected behavior which always obfuscates `ty...
CVE-2023-33194
PUBLISHED: 2023-05-26
Craft is a CMS for creating custom digital experiences on the web.The platform does not filter input and encode output in Quick Post validation error message, which can deliver an XSS payload. Old CVE fixed the XSS in label HTML but didn’t fix it when clicking save. This issue was...
CVE-2023-2879
PUBLISHED: 2023-05-26
GDSDB infinite loop in Wireshark 4.0.0 to 4.0.5 and 3.6.0 to 3.6.13 allows denial of service via packet injection or crafted capture file