Hackers Target US Power, Amazon Clones a Neighborhood, and More News

Amazon cloned an entire neighborhood, a dangerous hacker group takes aim at the US electrical grid, and the world remembers a running great. Here's the news you need to know, in two minutes or less. Want to receive this two-minute roundup as an email every week day? Sign up here! Today's Headlines The highly dangerous "Triton" hackers have probed the US grid Security experts have been tracking a sophisticated hacker group that has apparently been looking for entry points to the US electrical grid. Usually scans like these wouldn't be newsworthy, but in this case we're talking about the group behind a reckless, nearly lethal oil refinery cyberattack in 2017. Experts call it "easily the most dangerous threat activity publicly …

Russia and Iran Plan to Fundamentally Isolate the Internet

For years, countries have spoken in vague terms about creating domestic internets that could be isolated from the world at will. Now we’re seeing some begin to execute that vision. Last month Iran announced that its "national information network"—essentially a domestic internet—is 80 percent complete. Earlier this year, Russia launched a major initiative to build a domestic Russian internet, purportedly to defend against cybersecurity threats—though also a likely expansion on the Kremlin’s desire to control the flow of information within its borders. With Russia and Iran spearheading a new level of internet fragmentation, they’re not just threatening the global network architecture (cables, servers) or working to allow the government to greatly control information flows and crack down on freedoms; their …

Hack Brief: Hackers Stole $40 Million from Binance Cryptocurrency Exchange

Binance is one of the world’s biggest cryptocurrency exchanges. As of Tuesday, it’s now also the scene of a major cryptocurrency theft. In what the company calls a “large-scale security breach,” hackers stole not only 7,000 bitcoin—equivalent to over $40 million—but also some user two-factor authentication codes and API tokens. Theft has long been endemic to cryptocurrency; hackers stole more than $356 million from exchanges and infrastructure in the first three months of 2019 alone, according to a recent report from blockchain intelligence company Ciphertrace. But it’s less common to see an established exchange like Binance get hacked—and for the attackers to get so much other information along the way. The Hack Binance has been fairly forthcoming about the hack, …