Leveraging Knowledge to Manage Your Data Risks
Hackers are always looking for the next opportunity to launch attacks against unsuspecting victims. According to Cybersecurity Dive, researchers at Proofpoint recently observed “a phishing campaign designed to exploit the banking crisis with messages impersonating several cryptocurrencies.”
According to Cybersecurity Dive, cybersecurity firm Arctic Wolf has observed “an uptick in newly registered domains related…
On July 18, 2022, the FBI issued an Alert advising consumers that fraudulent cryptocurrency apps have caused more than 244 victims to lose nearly $43 million.
The fraudulent apps that cyber criminals used to steal funds from consumers were presented as banking institutions asking investors to deposit funds, and then not allowing them to withdraw…
While the federal government figures out its role in regulating cryptocurrency, and consumers continue to try to get in on the action but have lost millions [view related posts here, here, and here], what is being dubbed as the largest crypto hack to date ($625 million) happened last week.
According to Ronin…
The U.S. District Court for the Northern District of California dismissed a consumer class action against Ledger SAS’s e-commerce vendor Shopify Inc. because of its locale – Shopify is headquartered in Ottawa, Canada. Judge Edward M. Chen said in his decision earlier this week that the plaintiffs failed to satisfy their burden to demonstrate that…
Cryptocurrency platform Poly Network, which allows users to swap different types of digital tokens, was the victim of a cryptoheist that resulted in the thief (allegedly just one hacker) to swipe over $600 million of currency. The incident has been dubbed the largest theft of cryptocurrency to date.
The story reads like the beginning of…
Oh, if I had just bought that Bitcoin when I first thought about it a decade ago…I might risk a flight to Fiji right now, which is on my bucket list, even in the midst of the pandemic. Alas, I didn’t, because I assessed the risk first and made my own decision. Yes, I lost…
Indian news outlet Inc42 has reported that the ShinyHunters hacking group found some shiny objects when it was able to compromise the personal information of hundreds of thousands of individuals using the crypto exchange BuyUCoin.
The hackers were able to compromise and subsequently leak a BuyUCoin database that contained names, telephone numbers, email addresses, tax…
You probably heard about the recent hack of Twitter accounts that took place on July 15, 2020. The hackers took over several prominent Twitter accounts, which resulted in a scam that netted over $118,000 in bitcoin for the hackers. One of the most startling things about the cyberattack was that it was led by a…
Security researchers Intezer and IBM X-Force have identified a new ransomware that is seriously vicious. It’s PureLocker—named because it is programmed in PureBasic language, which is apparently unusual.
The scary thing about this ransomware being written in PureBasic programming language is that it can target different platforms and is transferable between different operating systems, including…
The U.S. government continues to be wary of cryptocurrency, and presently, no cryptocurrency exchange is protected by the FDIC. When you put your money in a FDIC-insured bank, if the bank becomes insolvent customers will not lose their deposits, usually up to a maximum of $250,000 per depositor per insured bank. But if you deposit…
