Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Today, Elwood Technologies announced that they will be integrating Fireblocks to strengthen its commitment to offering institutions a top-tier digital asset infrastructure. The London-based fintech, created by hedge fund heavyweight Alan Howard, provides connectivity to crypto trading tools for institutional investors. The integration will enable Elwood clients to seamlessly view their movements and balances on Fireblocks directly on Elwood’s portfolio management system.

It’s April, designated National Supply Chain Integrity month by CISA, NCSC, ONCD and Department of Defense, to promote resources, tools, and information to help organizations and agencies secure their supply chains and build resilience. But what role does blockchain play in supply chain and how easy is it to implement? Blockchain technology has numerous potential applications in supply chain due to its ability to provide a secure, transparent, and tamper-proof ledger of transactions.

4/11/2023 - Gizmodo just dropped this eye-roll inducing news. The disgraced crypto exchange had no dedicated cybersecurity staff and "protected" users assets with minimal safeguards, according to new bankruptcy filings. Here are just two paragraphs of the whole story. The whole thing is unbelievable.

Trustwave SpiderLabs uncovered a new strain of malware that it dubbed Rilide, which targets Chromium-based browsers such as Google Chrome, Microsoft Edge, Brave, and Opera. Rilide malware is disguised as a legitimate Google Drive extension and enables threat actors to carry out a broad spectrum of malicious activities, including monitoring browsing history, taking screenshots, and injecting malicious scripts to withdraw funds from various cryptocurrency exchanges.

The rise in popularity of cryptocurrencies has brought about significant concerns regarding wallet vulnerabilities and digital theft among individuals and businesses transacting in the market. While the meteoric rise in the value of cryptocurrency has attracted legitimate investors, it has also caught the attention of malicious actors who are constantly searching for vulnerabilities to exploit.

The blockchain industry is expected to grow and hit a value of $163 billion by 2029. With such growth will also come the ever-increasing need for ensuring the protection of blockchain applications. In comes blockchain auditing companies.

The vulnerability allows an attacker to extract the full ECDSA private key from BitGo Ethereum TSS wallets using a single signature and a few seconds of computation, bypassing all of BitGo security features.

The first step in Anti-Money Laundering (AML) due diligence is to Know Your Customer (KYC). A financial institution (FI) promptly implements KYC processes to identify and confirm a new customer’s identification. These procedures enable FIs to evaluate the risk profile of a customer based on that person’s propensity for financial crime. KYC is a procedure that cryptocurrency exchanges are required to follow.