Cross-chain protocol Multichain bug gets exploited for $1.34 million

CISA Urges Organizations to Implement Immediate Cybersecurity Measures to Protect Against Potential Threats

In response to recent malicious cyber incidents in Ukraine—including the defacement of government websites and the presence of potentially destructive malware on Ukrainian systems—CISA has published CISA Insights: Implement Cybersecurity Measures Now to Protect Against Potential Critical Threats. The CISA Insights strongly urges leaders and network defenders to be on alert for malicious cyber activity and provides a checklist of concrete actions that every organization—regardless of sector or size—can take immediately to:

Reduce the likelihood of a damaging cyber intrusion,
Detect a potential intrusion,
Ensure the organization is prepared to respond if an intrusion occurs, and
Maximize the organization’s resilience to a destructive cyber incident.
CISA urges senior leaders and network defenders to review the CISA Insights and implement the cybersecurity measures on the checklist.

Cross-chain protocol Multichain bug gets exploited for $1.34 million

Source: https://QUE.com

A bug in cross-chain protocol Multichain has been exploited for $1.34 million, according to researchers.
While the bug had already been fixed for new users, past users needed to take action to prevent themselves from being affected.
Cross-chain protocol Multichain (previously known as Anyswap) has been exploited for $1.34 million — according to security researchers PeckShield. This occured through a bug that the platform had recently disclosed.

“Someone is exploiting this literally right now. If you haven’t revoked approvals yet you should probably do so before it’s too late,” tweeted a Paradigm researcher known as Samczsun.

continue reading: https://www.theblockcrypto.com/post/130561/cross-chain-protocol-multichain-bug-gets-exploited-for-1-34-million

Read more Cyber Security news at https://que.com/tag/cybersecurity

Thank you for reading. Stay safe and stay healthy.
@Yehey [ Witness ]