hack – Devstyler.io https://devstyler.io News for developers from tech to lifestyle Mon, 27 Mar 2023 11:37:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 Global Defense Cybersecurity Market to Reach $33.7 Billion by 2028 https://devstyler.io/blog/2023/03/27/global-defense-cybersecurity-market-to-reach-33-7-billion-by-2028/ Mon, 27 Mar 2023 11:37:15 +0000 https://devstyler.io/?p=103718 ...]]> The global defense cybersecurity market size is expected to reach USD 33.7 billion by 2028, growing at a CAGR of 7.3% during the forecast period.

Cybersecurity solutions help defense organizations detect, monitor, report issues, cyber threat, and attempts to hack or steal data from organizations.

To date, cyber threats have been more persistent, more intelligent, and concentrated on high-value assets, increasing the demand for a strong and high-tech cybersecurity system for the defense industry. Furthermore, the increasing risk of cyber threats to critical infrastructures from criminal organizations and technological sophistication of the cybersecurity industry is the major driver for its increased use in defense organizations.

Various cybersecurity companies are introducing new and enhanced products which can aid cybersecurity professionals in defending legacy and cloud networks, which can help the defense forces to work soundly while keeping their networks safe.

Defense IT expenses are on the surge across many developed nations. The growth of IT software, hardware, and services has implemented several changes in the defense sector, including live combat surveillance, superiority in air & space, smart weapons and battlefield management in network-centric environments, and force multipliers-related software.

In addition, implementing IT solutions has become significant in defense operations due to the increasing evolution in the type and occurrence of attacks globally.

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Hacker has stolen over $320M from Wormhole https://devstyler.io/blog/2022/02/03/hacker-has-stolen-over-320m-from-wormhole/ Thu, 03 Feb 2022 14:26:10 +0000 https://devstyler.io/?p=80341 ...]]> The platform Wormhole is a provider of a connection between different blockchain networks.

A number of tweets posted by the Wormhole page say that the thieves have stolen approximately $320 million in cryptocurrency. Soon after that happened, the platform was shut down for maintenance.

In a statement provided by Elliptic, it was announced that this is the second-largest crypto theft after the one from the Defi service. In a blog post Elliptic said:

“The exploit appears to have allowed the attacker to mint 120,000 wrapped ETH on the Solana blockchain, 93,750 ETH of which was then transferred to the Ethereum blockchain.”

According to a message, Wormhole’s developers offered the hacker $10 million if they return the cryptocurrency.

A couple of hours after the exploit, it was reported that the vulnerability had been patched and restoring of the network was in process.

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Russia has been Accused of a Cyber-Attack https://devstyler.io/blog/2022/01/17/russia-has-been-accused-of-a-cyber-attack-by-the-ukrainian-government/ Mon, 17 Jan 2022 11:34:06 +0000 https://devstyler.io/?p=79145 ...]]> A number of Ukraine government websites has been attacked, receiving a cautionary message. According to the officials a “long record” of Russian cyber invasions against Ukraine has been pointed out.

A warning message showed up just before all the sites went offline. It reproduced both the Ukrainian flag and map being crossed out. A part of this message says:

“Ukrainians!…All information about you has become public, be afraid and expect worse.”

Oleg Nikolenko, the foreign ministry’s spokesperson, said in a message to ‘The Guardian’:

“As a result of a massive cyber-attack, the website of the ministry of foreign affairs and other government agencies are temporarily down. Our specialists have already started restoring the work of IT systems and the cyber-police has opened an investigation.”

The attacks have been condemned by Nato’s secretary general Jens Stoltenberg and Josep Borrell – the EU’s top diplomat. The EU’s political and security committee and cyber units are planning to meet with the aim of deciding how to respond and to support Kyiv. He explained:

“We are going to mobilize all our resources to help Ukraine to tackle this. Sadly, we knew it could happen.”

According to him, it’s difficult to say who is the culprit and he will not blame anybody because at that moment he has no proof. Stoltenberg said that an agreement will be signed between Ukraine and Nato in order to give Kyiv access to Nato’s malware information sharing platform. Ann Linde, Sweden’s foreign minister, commented:

“We have to be very firm in our messages to Russia, that if there are attacks against Ukraine, we will be very harsh and very strong and robust in our response.”

The US Embassy in Moscow did not give an immediate response and did not comment on the situation.

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