Binance
1 days agoNews Editor

From Binance to PHP2Shell, AI Is Forcing a Rethink of Web Security

A fresh security incident involving Binance has added to a growing list of major breaches across the crypto sector, including earlier cases tied to Bybit and Bitget. The common thread, as outlined in the source article, is that attackers are no longer focused only on breaking cryptography or stealing private keys directly. They are moving across the broader chain of trust: employee devices, third-party security tools, frontend infrastructure, DevOps environments, and withdrawal authorization flows. The article also links that shift to the rise of AI. It points to the recently discussed PHP2Shell vulnerabilities, two high-severity flaws in PHP’s core engine, as an example of how AI can help uncover deep, long-hidden software weaknesses and shorten the time between disclosure and exploitation. Against that backdrop, Ethereum co-founder Vitalik Buterin argued on Oct. 22 that the long-run end state of cybersecurity may favor defenders, but the transition period will be extremely difficult. His proposed path centers on changing how software is built rather than only racing to find bugs first. The piece highlights two ideas he emphasized: formal verification, which uses mathematical proofs to show code meets security requirements, and minimizing the trusted computing base, or TCB, so fewer components sit inside the critical trust boundary. It also places those ideas inside Buterin’s broader d/acc, or Defensive Accelerationism, framework, which prioritizes technologies that strengthen defense and reduce systemic risk.

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From Binance to PHP2Shell, AI Is Forcing a Rethink of Web Security
Wiz
2 days agoNews Editor

Wiz CTO says PHP2Shell won’t be the last as AI speeds up discovery of critical flaws

Wiz CTO Tomer Schwartz said the company likely would not have found PHP2Shell without AI, arguing that the same shift will make severe software vulnerabilities appear more often in the near term. Speaking on TechCrunch’s Equity podcast, Schwartz described how Wiz uses its in-house Atlas framework on top of frontier models from Google DeepMind, OpenAI, and Anthropic to test many research paths at once, then lets human researchers validate the most promising results. The flaw at the center of the discussion, PHP2Shell, carries a CVSS score of 9.2 and could allow remote code execution on servers without requiring a username or password. Wiz said PHP underpins roughly 70% of websites globally, including platforms and software stacks tied to WordPress, Drupal, and MediaWiki. Schwartz also said most workloads remain unpatched, with smaller self-managed sites facing greater risk than customers hosted on large managed platforms. He added that the only complete fix is to upgrade PHP and restart services, noting that updating applications such as WordPress alone does not update the underlying PHP runtime. The first patched releases listed were 8.2.35, 8.3.36, 8.4.27, and 8.5.12.

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Wiz CTO says PHP2Shell won’t be the last as AI speeds up discovery of critical flaws
PHP vulnerability
4 days agoNews Editor

Unpatched PHP server in ‘Steal My Bitcoin’ challenge was hacked in 19 hours, bounty drained

A developer set up a deliberately unpatched PHP 8.4.26 server, placed a Bitcoin wallet private key on it, and invited the public to try to steal the funds in a live challenge called “Steal My Bitcoin.” According to the official challenge site, the server was compromised about 19.28 hours after the contest began, and 0.02511679 BTC was transferred out. The site valued the bounty at about $2,021. The organizer said the goal was to test whether a recently disclosed PHP remote code execution flaw could be exploited in practice rather than remaining a theoretical concern. Japanese outlet GIGAZINE reported that the bounty started at roughly $500 before outside donations pushed it higher. The rules limited attacks to the web application and PHP runtime, while attacks on the underlying host or service disruption were banned. Security researcher LiveOverflow said the original setup did not expose a page that actually executed PHP code. After the organizer added such a page at around 9 p.m. Taiwan time on Oct. 25, the system was breached roughly three hours later. The attacker, using the handle KillaBoi, later published a reproduction process on GitHub. PHP had already released emergency fixes on Oct. 21, including version 8.4.27, while the challenge machine remained on 8.4.26.

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Unpatched PHP server in ‘Steal My Bitcoin’ challenge was hacked in 19 hours, bounty drained