Hackers Trick Venture Capital Firm Into Sending Them $1 Million

Security researchers at Check Point say the company has uncovered evidence that Chinese hackers
managed to hijack $1 million in seed money during a wire transfer between a Chinese venture capital firm and an Israeli startup — without either side realizing anything was wrong. From a report: The VC firm and the startup, whose names Check Point hasn’t released, reached out to…

A Bug In Microsoft’s Login System Put Users At Risk of Account Hijacks

Microsoft has fixed a vulnerability in its login system that could have been used to trick unsuspecting victims into giving over complete access to their online accounts. TechCrunch reports: The bug allowed attackers to quietly steal account tokens, which websites and apps use to grant users access to their accounts without requiring them to constantly re-enter their passwords. These tokens are…