🚨 SlowMist Weekly Security Report (July 1st to 7th)

Total Losses: Over ~$9M

Incident Types and Losses:
Account Compromise:
- Interlay (Loss not specified)
- Sydney Sweeney (Loss not specified)

Information Leakage:
- Authy (Loss not specified)
- Evolve Bank & Trust (Loss not specified)

Security Vulnerability:
- Bittensor wallet ($8,000,000 loss)

Rug Pull:
- Fake TRUMP (MAGA) ($957,552 loss)

Reentrancy Attack:
- MintRisesPrices ($59,000 loss)

Prevention Measures:
- Secure Development: Regularly audit code to prevent malicious uploads.
- Enhance Account Security: Use multi-factor authentication and regularly update passwords.
- Incident Response: Developing a robust incident response plan is critical. Regular drills and updates to the response strategy can minimize damage during an actual breach.
- Improve Data Protection: Train employees on phishing prevention and use advanced threat detection.

Please note that the list above contains all the reported events; there could have been others that weren't reported. For additional information, check out https://t.co/e90CSvSOh3

As always, stay vigilant!