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Smashing Security
Coinbase crypto heists, QR codes, and ransomware in the classroom
Feb 6, 2025
Geoff White, a cybersecurity expert and author of "The Lazarus Heist," joins the discussion to unravel the mysteries behind a staggering $65 million lost from Coinbase. He critiques the cybersecurity failures of tools like PowerSchool, highlighting dangers for student data. The conversation also dives into the dark side of QR codes, revealing their exploitation in scams. With a mix of humor and insights, they emphasize the importance of vigilance in online safety amid rising cyber threats.
50:13
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Quick takeaways
- Coinbase's controversial advice to disable VPNs and ad blockers highlights a troubling focus on operational ease over essential user security.
- The recent PowerSchool data breach exposes critical vulnerabilities in educational institutions, emphasizing the urgent need for transparency and robust protective measures.
Deep dives
Ransomware Challenges and Communication Issues
A recent school data breach highlights the significant frustration caused by ineffective communication from ransomware operators. Many victims of such attacks are often left in the dark, as they struggle to contact support while their accounts become inaccessible. The ransomware problem is exacerbated by the lack of clear instructions and accountability from companies like PowerSchool, which recently suffered a data breach affecting numerous schools. The hackers typically don't maintain open lines of communication, forcing victims to navigate chaotic and confusing processes to regain access to their information.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode