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Researcher Uncovers Massive USPS Scam, Hacks Fraudsters’ Systems

A security researcher investigating a series of scam text messages impersonating the United States Postal Service (USPS) has uncovered a large-scale “smishing” operation to hack into the systems of scammers who were attempting to trick the researchers with fake package delivery messages. Wired Report Grant Smith, a red team engineer and founder of offensive cybersecurity […]

Insurers face massive hit after Taylor Swift concerts canceled due to terrorist threat

Insurers are facing millions of dollars in claims after three of Taylor Swift’s concerts in Austria were cancelled due to a terrorist attack, but the losses will be shared among several insurers, two people involved in insuring her tours told Reuters. Some 195,000 “Swifties” He was expected to attend the sold-out “Eras Tour” show at […]

FTX ordered to pay $12.7B to customers after SBF’s massive fraud

A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to customers, the Commodity Futures Trading Commission announced in a statement on Thursday. In March, FTX founder Sam Bankman Freed was sentenced to 25 years in prison for stealing $8 billion from clients. “The order requires FTX to pay $8.7 […]

What's behind the massive selloff in tech stocks?

Shares of big technology companies fell sharply on Monday morning amid a broader market sell-off. Nvidia was the biggest faller among the Magnificent Seven tech stocks, opening 14.2% down from Friday’s closing price. Tesla opened down 10.9%, Apple was down 9.6% and Amazon was down 8.2% at the start of trading. Meta, the parent company […]

IDF uncovers massive smuggling tunnel for vehicles on Gaza-Egypt border

The Israel Defense Forces have discovered a tunnel large enough for vehicles to pass through on the Gaza-Egypt border, officials said Sunday. The 10-foot-tall tunnel was discovered on the so-called Philadelphia Route last week during an Israeli Defense Forces visit to the area to search for a tunnel route believed to be used by Hamas […]