In the wake of false reports of active shooter incidents, WIRED investigated more than 90 of them and found possible connections between many of them. In speaking to a number of people who experienced it, Klinger said that the anxiety and fear was real to them. There is a time when people are running for their lives, law enforcement is responding with their weapons, and people think it's real.
Even after extensive sanctions against Russia were put in place, investigators around the world are still trying to curb the flow of capital to Russian military and paramilitary groups. The conviction of Joe Sullivan for obstructing a Federal Trade Commission investigation and failing to report a felony is being watched closely by the tech industry because it is the first time a corporate executive has faced criminal charges related to a data breech. The Biden administration's executive order trying to assure Europeans that their data is safe when stored in the US seems to be more of a Band-Aid than a solution.
More than 400 malicious apps were found to be harvesting Facebook credentials and taking over users' accounts.
There's more. The news we didn't cover is highlighted each week. The full stories can be found below. Stay safe out there.
Another big hack in the criptocurrency industry. This one isn't normal.
A flaw in the company's BNB Chain token was exploited, allowing them to mint 2 million of the company's token, worth $569 million. The money was fake because of a flaw in the security of the coin. The hack was poised to flood the market with BNB and thus reduce its value for legitimate owners, while allowing the hackers to walk away with half a billion dollars.
The hackers seemed unprepared for their windfall. Elliptic traded part of their token for other cryptocurrencies. That made it possible for them to get about 53 million dollars in ether-based token. The funds can be frozen if they traded their BNB for one of the other Cryptocurrencies. The BNBBlockchain was temporarily shut down to prevent the hackers from moving further. Elliptic research lead Thibaud Madelin says that they have a very sophisticated exploit. What followed was a complete mess.