Cryptocurrency bridge Nomad recently lost nearly $200 million to a cyber attack. Now they are offering the threat actors 90/10 split on the loot, for the return of 90% and not prosecution – Nomad will treat it as bug bounty for finding the flaw. Nomad are referring to the threat actors as “White Hat” hackers in their communications and offering to identify them as such to law enforcement.
Law enforcement is not impressed, they did not reply to The Register’s requests for comments!
Nomad to crooks: Keep 10% as a bounty, return the rest • The Register
Clive Catton MSc (Cyber Security) – by-line and other articles
Further Reading
Please Note:
I am on leave so the news this week is “in brief”. You can still contact me via the contact page and Octagon Technology.
