Grinex, a Kyrgyzstan-incorporated cryptocurrency exchange sanctioned by the U.K. and the U.S. last year, said it is suspending operations after it blamed Western intelligence agencies for a $13.74 million hack. The exchange said it fell victim to what it described as a large-scale cyber attack that bore hallmarks of foreign intelligence agency involvement. This attack…

Defend Your Network Against Cyber Threats The Australian Institute of Cyber Security is excited to launch Cyber Invaders, an interactive educational game designed to introduce students, young people, and anyone new to cyber security to the fundamental concepts of digital defence. How It Works Cyber threats are falling towards your network. Each threat has one…

Major Toy Manufacturer Suffers Cyberattack Hasbro Inc., one of the world’s largest toy manufacturers and the company behind iconic brands including Transformers, Play-Doh, Peppa Pig, Dungeons & Dragons, Monopoly, My Little Pony, and Magic: The Gathering, has disclosed a significant cyberattack that has disrupted its operations. Incident Timeline The company discovered unauthorized access to its…

The Axios NPM Compromise: A Supply Chain Attack of Unprecedented Scale On March 31, 2026, the JavaScript ecosystem faced one of its most significant supply chain attacks when the axios npm package was compromised. With over 100 million weekly downloads and 174,000 dependent packages, axios is a foundational HTTP client library used across countless applications,…

ACSC Warns of Targeting Campaign Against Australian Code Repositories The Australian Cyber Security Centre has issued an urgent alert warning that threat actors are actively targeting online code repositories used by Australian developers and organisations. The campaign represents a significant supply chain risk that could compromise software deployed across Australian businesses and government agencies. The…

The Federal Court of Australia has ordered Oztures Trading Pty Ltd, operating as Binance Australia Derivatives, to pay a $10 million penalty after the Australian Securities and Investments Commission (ASIC) found the cryptocurrency exchange had misclassified more than 85 per cent of its Australian clients. Between July 2022 and April 2023, 524 retail investors were…

NSW Cybercrime Squad detectives have charged a 42-year-old Sydney man following a Strike Force Resaca investigation into a large-scale cryptocurrency investment scam that has defrauded more than 190 elderly and vulnerable Australians of approximately $5 million. Search warrants were executed at properties in Strathfield, Cammeray, and Burwood on 20 February 2026. The man was charged…

RedLine Infostealer Developer Extradited to United States Hambardzum Minasyan, an alleged administrator and developer of the RedLine infostealer malware, has been extradited to the United States and appeared in an Austin federal court this week. He faces charges of conspiracy to commit access device fraud, conspiracy to violate the Computer Fraud and Abuse Act, and…

A Dutch court has issued a ruling ordering Elon Musk’s xAI and its Grok AI chatbot to stop generating and distributing non-consensual nude images in the Netherlands, with daily financial penalties of EUR100,000 (approximately AUD185,000) applying if the company fails to comply, capped at a maximum of EUR10 million. The case was brought by Dutch…

A federal court in the Southern District of Indiana has sentenced Aleksei Olegovich Volkov, a 26-year-old Russian national from St. Petersburg, to 81 months in prison for his role as an initial access broker for multiple ransomware groups, including the Yanluowang gang. Volkov operated between July 2021 and November 2022, identifying vulnerabilities in corporate networks…