Cyber Security
DeFi Protocols Now the Go-To Target for Cybercriminals Looking to Steal Cryptocurrency

Illicit DeFi transactions have risen steadily over the last three years, in terms of both raw values and also as a share of all transaction value. This is according to the latest research from Chainalysis, the blockchain data platform, which found that as of the 1st of May, DeFi protocols have accounted for 97% of the US$1.68 billion worth of cryptocurrency stolen in 2022. So far in 2022, DeFi protocols have also been the biggest recipient of illicit funds, taking in 69% of all funds sent from addresses associated with criminal activity, compared to 19% in 2021.
Encouragingly, the report highlighted that illicit activity has become a less prominent part of the overall cryptocurrency ecosystem over the last three years, accounting for just 0.15% of all transaction volumes in 2021, down from 3.37% in 2019 when it was at its highest. “The volume of illicit cryptocurrency transactions as a share of the overall market is at an all-time low. This bodes well for the adoption and utilisation of these digital assets by a broader segment of consumers and businesses,” said Ethan McMahon, Economist at Chainalysis.
“However, as the cryptocurrency ecosystem matures, cybercriminals are setting their sights on the emerging trends of DeFi (decentralised finance) and NFTs. As with the early days of cryptocurrencies, hackers have been quick to execute their illicit schemes using the newest technologies. For consumer confidence to grow, it is imperative for industry stakeholders to step up and stamp out this abuse of these technologies. With the right tools, government agencies and cryptocurrency businesses can detect, prevent, and investigate the illicit activity,” McMahon added.
In addition to helping grow consumer confidence, this need for safety and compliance is underscored by the report’s finding that most of the cryptocurrency stolen from DeFi protocols has gone to hacking groups associated with the North Korean government. Already in 2022, North Korean hackers have had their biggest year yet for cryptocurrency theft at over US$840 million, based entirely on hacks of DeFi protocols.
“Attacks on DeFi protocols by North Korean-linked hackers demonstrate the need for these protocols to shore up their systems, not just to protect consumers, but also for national security. Thanks to the transparency of the blockchain, government agencies can identify and target the services they use for money laundering — such as OFAC’s first-ever sanctioning of a mixer a couple of weeks ago — and make it more difficult for DPRK and others to cash out their ill-gotten gains. But with hacking at an all-time high, investment in preventative measures should be a priority.”
Cloud
SentinelOne Simplifies Secure Cloud Migrations on AWS

SentinelOne today announced its participation in the Amazon Web Services (AWS) Independent Software Vendor (ISV) Workload Migration Program. This initiative supports AWS Partner Network (APN) members with SaaS offerings on AWS to accelerate and streamline workload migrations.
Through the program, SentinelOne will provide AWS customers with accelerated, secure cloud migration support, leveraging modern AI-powered CNAPP capabilities to ensure rapid and protected transitions. With access to AWS funding, technical resources, and go-to-market support, SentinelOne will help organizations reduce migration timelines and costs while maintaining robust security.
SentinelOne’s Singularity Cloud Security delivers real-time visibility and protection throughout the migration journey—whether from on-premises or another cloud—enabling a secure, seamless transition to AWS.
“Through our participation in the AWS ISV Workload Migration Program, SentinelOne is helping customers accelerate secure cloud migrations with end-to-end protection and visibility,” said Ric Smith, President of Product, Technology, and Operations at SentinelOne. “Whether moving from on-prem or another cloud to AWS, organizations can count on us to deliver the security they need throughout their journey—realizing the performance, speed, agility, and cost benefits of the cloud.”
Singularity Cloud Security combines agentless and agent-based protection for deep visibility, continuous posture management, and real-time threat detection across hybrid and multi-cloud environments. By collaborating with AWS and ecosystem partners, SentinelOne ensures seamless integration into migration projects, helping customers move faster, reduce risk, and scale confidently in the cloud.
Availability: SentinelOne’s solutions are available globally.
Cyber Security
Beyond Blocklists: How Behavioural Intent Analysis Can Safeguard Middle East Businesses from Rising AI-Driven Bot Threats

The Middle East is facing an unprecedented surge in AI-driven bot attacks, with malicious automation now outpacing traditional defenses. Mohammad Ismail, Vice President for EMEA at Cequence Security, warns that legacy tools like IP blocklists and rate limiting are no match for today’s sophisticated threats (more…)
Cyber Security
Sophos Boosts Firewall with New Protection and Incident Response Features

Sophos has announced a significant update to its Sophos Firewall software, introducing enhanced protection and incident response capabilities. This update notably includes Sophos NDR Essential, a new feature now available free of charge to all customers holding an XStream Protection license for Sophos Firewall.
This integration empowers Sophos Firewall with two dedicated artificial intelligence (AI) engines specifically designed to detect both malware communications and those utilizing algorithmically generated domain names. This advanced functionality, derived from the Sophos Network Detection and Response (NDR) probe, aims to identify sophisticated malware communications even if they are previously unknown or not yet indexed. It serves as a powerful complement to the Active Threat Response capabilities already embedded within Sophos firewalls.

Chris McCormack, Senior Product Marketing Manager at Sophos
Addressing the technical demands of such advanced detection, Chris McCormack, Senior Product Marketing Manager at Sophos, explained the strategic approach, “NDR traffic analysis requires substantial processing power. That’s why we’ve adopted a new approach by deploying an NDR solution in Sophos Cloud to offload the heaviest tasks from the firewall.” This cloud-centric design ensures optimal performance without burdening the firewall’s on-device resources.
Beyond network detection, the update also brings significant improvements to connectivity and user authentication. Sophos Connect now integrates EntraID for Single Sign-On (SSO). This new feature for the VPN client, bundled with Sophos Firewall, is set to enhance both the security and user experience for SSL and IPsec VPN connections. The integration with EntraID (Azure AD) enables users to authenticate and leverage multi-factor authentication for both Sophos Connect and access to the user portal hosted by the firewall, streamlining secure access.
Further VPN-related enhancements include:
- Improved user interface and usability: Connection types have been renamed for greater clarity, with “site-to-site” now referred to as “policy-based” and tunnel interfaces as “route-based,” making configurations more intuitive.
- Dynamic validation of the IP address pool: For VPN connections (SSL VPN, IPsec, L2TP, and PPTP), the system now dynamically validates the allocated IP address pool, helping to better resolve potential IP address conflicts.
- Strict profile enforcement: IPsec profiles now exclude default values to ensure algorithm synchronization, effectively eliminating potential fragmentation of session negotiation packets that could otherwise prevent site-to-site VPN tunnels from being established.
- Route-based VPN and SD-RED scalability: The system has been optimized to support up to 3,000 simultaneously established tunnels. Specifically, Sophos Firewall solutions can now manage up to 1,000 SD-RED site-to-site tunnels and connect up to 650 concurrent SD-RED devices.
Additional management improvements enhance administrative flexibility and search capabilities:
- More flexible DHCP Prefix Delegation (IPv6 DHCP-PD): The system now supports a broader range of prefixes, from /48 to /64, improving compatibility with various internet service providers.
- Router Advertisement (RA) and DHCPv6 server: These features are now enabled by default, simplifying IPv6 network setup.
- Resizable table columns: The web admin interface continues its adaptation for ultra-wide screens, with many configuration pages now allowing users to resize columns as needed for improved usability.
- Enhanced object search functionality: The search field within the SD-WAN routing configuration screen now supports more granular criteria, including route name, ID, objects, and object values like IP addresses and domains. Similarly, local ACL rules now also support object name and value searches, extending to content-based searches for more precise results.
- Default configuration changes: To streamline initial setups, default firewall rules and rule groups previously created during new firewall deployments have been removed. The initial configuration now only includes the default network rule and MTA rules. Furthermore, the default firewall rule group and the default gateway probe for custom gateways are now set to “None” by default.
Sophos continues its commitment to cybersecurity through a “Secure by Design” approach, enhancing the intrinsic security of its firewalls. This methodology involves the containerization of specific features and rigorous integrity checks on critical operating system files using mathematical checksums. Any detected checksum mismatch triggers a potential compromise alert, enabling monitoring teams to proactively identify possible security incidents affecting the firewall OS integrity. This proactive detection allows incident response and development teams to react swiftly to critical security events.
This update is now available for manual download and deployment by customers with any Sophos Firewall equipped with a valid license.
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