History's biggest heist just happened, and online abuse
Smashing Security
Graham Cluley
4.7 • 579 Ratings
🗓️ 26 February 2025
⏱️ 33 minutes
🧾️ Download transcript
Summary
We explore how the cryptocurrency exchange Bybit has been hacked to the jaw-dropping tune of $1.5 billion, and we look at what is being done to better defend women and girls' safety online.
All this and more is discussed in the latest edition of the "Smashing Security" podcast by cybersecurity veterans Graham Cluley and Carole Theriault.
Warning: This podcast may contain nuts, adult themes, and rude language.
Episode links:
- Incident Update: Unauthorized Activity Involving ETH Cold Wallet - Bybit.
- Bybit Launches Recovery Bounty Program with Rewards up to 10% of Stolen Funds - Bybit.
- ZachXBT links Bybit hack to Lazarus Group - Twitter.
- Online Safety Act: explainer - GOV.UK
- These Are The 10 Most Complained-About TV Moments In Ofcom's History - Ofcom.
- Ofcom to push for better age verification, filters and 40 other checks in new online child safety code - TechCrunch.
- UK’s internet watchdog toughens approach to deepfake porn - TechCrunch.
- Girlguiding research exposes alarming online harms facing girls - Charity Today News.
- Ofcom's approach to implementing the Online Safety Act - Ofcom.
- Women's abuse online: 'I get trolled every second, every day' - BBC.
- Amanda’s funniest moments in Motherland - YouTube.
- Amandaland - BBC iPlayer.
- Cassandra Sci-Fi Thriller limited series - Netflix.
- Smashing Security merchandise (t-shirts, mugs, stickers and stuff)
Sponsored by:
- 1Password – Secure every app, device, and identity – even the unmanaged ones at 1password.com/smashing.
- Scanner.dev provides a new technology offering fast search and threat detections for security data in S3 helping teams reduce the total cost of ownership of their SIEM by up to 90%. Try the interactive playground at scanner.dev/demo
SUPPORT THE SHOW:
Tell your friends and colleagues about “Smashing Security”, and leave us a review on Apple Podcasts or Podchaser.
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FOLLOW US:
Follow us on Bluesky or Mastodon, or on the Smashing Security subreddit, and visit our website for more episodes.
THANKS:
Theme tune: "Vinyl Memories" by Mikael Manvelyan.
Assorted sound effects: AudioBlocks.
Privacy & Opt-Out: https://redcircle.com/privacyTranscript
Click on a timestamp to play from that location
| 0:00.0 | Crowell would say, I don't think it's right that we've received a hundred million in the |
| 0:06.5 | smashing security cryptocurrency account. I think we should report it to somebody. |
| 0:10.1 | Me-wee-me-me-me-me. |
| 0:20.4 | Smashing security, episode 406, history's biggest heist just happened, and online abuse, with Carol Terrio and Graham Cluley. |
| 0:30.3 | Hello, hello, and welcome to Smashing Security episode 406. My name's Graham Cluelly. |
| 0:34.6 | And I'm Carol Terrio. |
| 0:36.3 | Hello, Carol. Great to be back in the UK. |
| 0:38.7 | I've just spent a day in Orlando where I was speaking at the Threat Locker Zero Trust World Conference. |
| 0:45.0 | Great to hand out some smashing security stickers to the folks there. |
| 0:48.8 | So thanks to everyone who came along to that. |
| 0:50.7 | Yay. |
| 0:51.3 | That sounds fantastic. |
| 0:52.9 | How about we get this show on the road? Let's thank this |
| 0:55.9 | week's wonderful sponsors, OnePassword and Scanner.dev. It's their support that help us give you |
| 1:02.0 | this show for free. Now, coming up on today's show, Graham, what do you got? I'm going to be |
| 1:06.5 | talking about what appears to be the biggest theft in history. Okay. |
| 1:16.9 | And I'm going to ask whether this new regulation is going to test the medal of the cyber bullies. |
| 1:20.7 | All this and much more coming up on this episode of Smashing Security. |
| 1:27.0 | Now, chums, chums, the world of crime. |
| 1:47.7 | I don't know how closely you follow that world, Krull. Not very at all. Although, no, I do like, you know, the whole... The true crime podcast? Yeah, I like an occasional one, like a limited series, that sort of thing. Right. But I used to listen to a lot of that stuff, and I think I got a bit bored of it. There's a lot of it out there, isn't there? I certainly think true crime can be more interesting sometimes than fictional crime. And going back in history, I was reading today about some of the greatest heists in history. |
| 1:55.1 | In 1963, for instance, a gang of men, Ronnie Biggs amongst them, stopped a royal mail train |
| 2:00.1 | traveling from Glasgow to London, escaped with over 2.6 million pounds. |
... |
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