Risky Business

Risky Business #781 -- How Bybit oopsied $1.4bn


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On this week’s show Patrick Gray and Adam Boileau discuss the week’s cybersecurity news:

  • North Korea pulls off a 1.5 billion dollar crypto heist
  • Apple pulls Advanced Data Protection from the UK
  • Black Basta ransomware gang’s internal chats leak
  • Russians snoop on Signal with QR codes
  • And Myanmar ships thousands of freed scam compound workers to Thailand
  • Regular guest Lina Lau joins to discuss her work reading Chinese incident response reports on WeChat, and how that has people thinking that … she outed the NSA?

    This week’s episode is sponsored by Airlock Digital, and allow-listing tragics Daniel Schell and David Cottingham are along with an amusing tale of using Windows’ own allow-listing software to block EDR from loading.

    This episode is also available on Youtube.

    Show notes
    • Hackers drained $1.4 billion of cryptocurrency from Bybit exchange, CEO confirms | The Record from Recorded Future News
    • CertiK - Bybit Incident Technical Analysis
    • Hackers use ‘sophisticated’ macOS malware to steal cryptocurrency, Microsoft says | The Record from Recorded Future News
    • EU sanctions North Korean tied to Lazarus group over involvement in Ukraine war | The Record from Recorded Future News
    • Sanctions: Iranians Flock to Crypto; Int'l Actions Target Russia - Chainalysis
    • Apple turns off iCloud encryption feature in UK following reported government legal order | The Record from Recorded Future News
    • Swedish authorities seek backdoor to encrypted messaging apps | The Record from Recorded Future News
    • Leaked chat logs expose inner workings of secretive ransomware group - Ars Technica
    • Russian state hackers spy on Ukrainian military through Signal app | The Record from Recorded Future News
    • Meta Sues Alleged Violent Extortionist For Holding Instagram Accounts Hostage
    • Weathering the storm: In the midst of a Typhoon
    • Thailand to take in 7,000 rescued from illegal cyber scam hubs in Myanmar | The Record from Recorded Future News
    • Genea confirms cyber breach after ‘unauthorised third party’ accesses data | news.com.au — Australia’s leading news site
    • Managed healthcare defense contractor to pay $11 million over alleged cyber failings | The Record from Recorded Future News
    • Botnet looks for quiet ways to try stolen logins in Microsoft 365 environments | The Record from Recorded Future News
    • Director-General's Annual Threat Assessment 2025 | ASIO
    • An inside look at NSA (Equation Group) TTPs from China’s lense
    • ...more
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      Risky BusinessBy Patrick Gray

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