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Case Study: Lessons on Enhancing Cybersecurity from Velodrome’s DNS Attack

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Case Study: Lessons on Enhancing Cybersecurity from Velodrome’s DNS Attack

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On November 22nd, Velodrome fell victim to a DNS attack, a type of cyber assault that targets the Domain Name System, the backbone of internet navigation. The attackers executed a well-planned social engineering scheme to gain control over Velodrome's domain names, leading to an estimated loss of up to $250,000. The attack not only resulted in financial damages but ... View Post

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2023 CyberThreat Report: Why Email-based Phishing Attacks Surged 464% (and what to do about it)

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The first half of 2023 has seen a startling increase in cyber threats, with email-based phishing attacks leading the charge, surging by an unprecedented 464% compared to the previous year. Not only have these attacks become more frequent, but they have also grown in complexity and sophistication. The reason? A rapidly evolving landscape in which AI technologies are ... View Post

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Educate to Protect: A Comprehensive Guide to Understanding and Combating Modern Phishing Scams

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Educating your staff to combat modern phishing scams should be a top priority. Hackers can potentially steal millions in valuable information, causing almost irreparable damage to your customer base, or hold your proprietary information hostage for a costly ransom. So staff need to know what a phishing scam is.  Phishing scams refer to the malicious practice of ... View Post

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NameCheap Defi Customers Attacked

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Back in late June, news of an interesting DNS hijack attack came out of the midst of the hot DEFI market, which highlighted the dangers of treating domain names and DNS as a utility, especially when operating in the crypto market. I mean $100’s of thousands in fake smart contract losses dangerous. Specifically, there were reports by a few providers such as Convex ... View Post

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Protecting your DNS and Domains from Attack

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“Unprecedented Times” is common nomenclature these days and used to justify radical and previously unthinkable societal changes on an almost daily basis. This has rocked our ability to feel secure and stable, resulting in feelings of great uncertainty that touches each one of us. Including every one of your employees and supplier’s employees. Therefore, it is ... View Post

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How Perl.com could have avoided Hijacking

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For a week we lost control of the Perl.com domain. Now that the incident has died down, we can explain some of what happened and how we handled it. This incident only affected the domain ownership of Perl.com and there was no other compromise of community resources. This website was still there, but DNS was handing out different IP numbers. An interesting article was ... View Post

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