FacePlant Exploit Puts Skateboarders at Risk, Centralized Software Solutions To Blame
One of the main technology stories of last week revolved around various car manufacturers being forced to release over-the-air updates to avoid software hacks. But it looks like car manufacturers are not the only ones who should worry, as electric skateboards are facing similar software security flaws. The hacking revolution is in full effect, and technological gadgets of transportation apparently pose major health risks. There is a vast distinction to be made between the hackable software found in cars, and the software found inelectric skateboards. So far, security experts have been able....
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The number of exploits and security threats on the Android platform does not seem to be coming to an end anytime soon. A new StageFright exploit puts millions of Android devices at risk of being hijacked, leaving phones and tablets vulnerable to remote hacking. Bitcoin users should be especially wary of this exploit as it could their funds at stake. So far, no devices have been confirmed to be safe from harm, as security researchers exploited various phone models over the past few days.
Ethereum itself seems to be flawed according to the latest developments on the DAO Hack. Philip Daian, a researcher at Cornell University’s Initiative for Crytocurrencies & Contracts, just presented his latest findings on the hack, concluding: I would lay at least 50% of the blame for this exploit squarely at the feet of the design of the Solidity language. This may bolster the case for certain types of corrective action. I refuse to lay the blame exclusively on a poorly coded contract when the contract, even if coded using best practices and the following language documentation....
Hackers exploit the middleman in centralized exchanges which is a central point of failure. No hacker can penetrate Bitsquare’s decentralized platform as they did with Bitfinex because of the presence of a middleman figure, says Mihail Mihaylov, Bitsquare’s Chief Decentralist. Mihaylov says to CoinTelegraph: “Traditional centralized exchanges are honeypots for thieves. With a single hack or through social engineering, a crook can get their hands on large sums of coins and a wealth of user data. This has already happened numerous times.” He explains ways in which Bitsquare is different from....
Computer users operating on the Mac OS X platform are safer from harm compared to their Windows-using counterparts. With a much smaller market share, hackers are not targeting OS X users as often as they could, although that doesn’t mean the platform is completely secure. Security tool Gatekeeper is still vulnerable, despite a recent patch released by Apple. Bitcoin users are advised to remain careful when installing new applications until this security flaw has been patched properly. Apple Fails To Make Gatekeeper Secure Again. It is not the first time OS X’s Gatekeeper is coming under....
ChainSwap has experienced another exploit in what has turned out to be a terrifying month for the exchange. The platform which acts as a bridge for assets had succumbed to an exploit earlier this month, and now, only eight days later, ChainSwap has succumbed to another exploit. This time, the attacker made away with $8 […]