SafeDollar Stablecoin not Safe nor Stable: Hack Sends Value to ZERO - Security Boulevard

Hack or Rug-Pull? SafeDollar, a crypto token that’s pegged to the U.S. dollar, crashed this week. The team behind the Polygon-based stablecoin claim it had been hacked.

That caused the #cryptocurrency’s price to drop to $0, while the hacker got away with $250,000.

A naïve bug, or a malicious insider? In today’s #SBBlogwatch, we prefer Bens.

At @SecurityBlvd: https://t.co/RQzUH0VIHG

— @Richi 😷 Jennings (@RiCHi) June 29, 2021

Did your WD My Book NAS get Wiped? Put a Brave Face on It - Security Boulevard

My Book? Not Any More: A 2019 vulnerability is being exploited to remotely wipe countless Western Digital devices. The WD My Book Live NAS product is coming under attack from Eastern European malefactors.

But that’s no help to people who’ve lost their data. It’s like saying, “Shut the stable door,” after the horse has bolted. In today’s #SBBlogwatch, we force a simile. [You’re fired—Ed.]

At @SecurityBlvd: https://t.co/HqkZadRHzc

— @Richi 😷 Jennings (@RiCHi) June 28, 2021

Rust in Linux: Google pays ISRG to pay Miguel Ojeda - TechBeacon

Rustacean invasion: Google is funding the Internet Security Research Group (ISRG) to sponsor the Rust for Linux organization. Money will be funneled from la GOOG’s bottomless coffers to pay Miguel Ojeda as a full-time developer.

Get off my lawn, with your trendy flavor of the month. In this week’s #SecurityBlogwatch, we look to see if we should believe the hype.

At @TechBeaconCom: https://t.co/zLaBbKe72u

— @Richi 😷 Jennings (@RiCHi) June 25, 2021

In Memoriam: John McAfee, 1945–2021. R.I.P. - Security Boulevard

He Will Be Missed: John David McAfee took his own life yesterday, said his lawyer. A Spanish prison witnessed his final breath on this earth.

The internet has been remembering #McAfee—mostly fondly. In today’s #SBBlogwatch, we share the love.

At @SecurityBlvd: https://t.co/P1gufIOL1i

— @Richi 😷 Jennings (@RiCHi) June 24, 2021

Ransomware and the Tax Code’s Perverse Incentive - Security Boulevard

Greedy Pigs: Ransomware payments are deductible, say tax experts. That’s the shocking finding from a recent investigation.

There’s no accounting for taste. In today’s #SBBlogwatch, can we smell bacon?

At @SecurityBlvd: https://t.co/iIopXElMnU

— @Richi 😷 Jennings (@RiCHi) June 22, 2021