Hackers target cryptocurrency exchange, new Spectre vulnerabilities, and healthier healthcare

Weekly Security Mashup: Hackers target cryptocurrency exchange, New Spectre vulnerabilities, and healthier healthcare

Taylor Armerding, Synopsys Software Integrity Group senior strategist, gives you the scoop on application security and insecurity in this week’s Security Mashup. Watch the episode below:

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Cryptocurrency exchange Bancor gets targeted by hackers and loses $23.5 million, two new subvariants of Spectre vulnerabilities have been discovered, and healthcare gets “healthier” with the adoption of a new UL standard.

Cryptocurrency exchange Bancor loses $23.5 million in security breach

Everybody knows, or ought to know, that cryptocurrencies—the best-known of the nearly 1,700 out there are Bitcoin and Ethereum—can be a risky investment. Cryptocurrencies are built on blockchain, which is best known for its security and privacy. But when hackers recently targeted Bancor, the cryptocurrency exchange lost $23.5 million in the breach. What happens when security and privacy fail? Hackers reap the rewards. Learn more now—watch this segment here.

Two new Spectre-class CPU flaws discovered—Intel pays $100K bounty

The risks from the infamous design flaw named Spectre in computer chips—the central processing unit or “brain” of your device—just keep expanding. In fact, two new flaws cropped up last week. The good guys are working together to fight Spectre vulnerabilities. Who else is taking action to address Spectre flaws? Learn who when you watch this segment.

U.S. FDA recognizes UL 2900-2-1 for use in premarket reviews

One of the most intractable problems with connected—as in connected to the internet—devices is that they have been designed to be safe but not secure. That may be changing with the recent adoption of the ANSI/UL 2900-2-1 standard. Just recently the FDA announced that producers of medical devices will need to incorporate security testing into their development processes. Learn more about this healthcare security news when you watch this segment.

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*** This is a Security Bloggers Network syndicated blog from Software Integrity authored by Taylor Armerding. Read the original post at: