From the “No good deed goes unpunished” files, this week came news of a German programmer who probably wishes he had selected better clients. According to Heise Online (English translation), a ...
These ethical hackers—also known as "white hat hackers"—use the same techniques as regular hackers, but their goal is different: to improve security. Many of the world's top tech companies ...
For reporting this transaction, Carta and his team were recognized as 'Most Valuable Hackers.' 'The bug-finding process was pure fun, making the whole experience very memorable,' said Carta.
Over 88% of the hacked Bybit funds are still traceable, despite the Lazarus Group funneling the $1.4 billion in just 10 days after the hack.
The term 'white hat' refers to hackers who operate for non-malicious reasons, for example, testing security systems for large companies. A 'black hat' is a hacker driven by malice or personal gain.