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Cyber Security

Cyber criminals, state-sponsored hackers and even the occasional disgruntled employee are constantly looking to gain unauthorized access for a variety of purposes: theft of money, cyber espionage, personal information for sale or for use in scams, and damage to critical infrastructure for just a few of the most common.

 

So how does an organization mitigate an entire world full of continual cyber attacks? Just as buildings have a number of necessary elements of physical security: access control, cameras, alarms and so on; there are similar key elements of cyber security that are absolutely vital for just about any modern business.

 

It starts with identifying and closing the most common doors that attackers use. For example, phishing attacks on employees are far and away the most common initial point of entry. The breach of even a low-level employee account can quickly turn into an escalation in access privileges and the ability to reach sensitive information. This is also true of smart devices, which are generally more poorly secured than computers and phones.

 

Bitcoin in front of charts showing crypto exchange third-party breach
Cyber SecurityNews

Crypto Exchange Gemini Hit by a Third-Party Breach Exposing Customer Banking Information

August 6, 2024
Crypto exchange Gemini has notified authorities of a third-party breach that affected its Automated Clearing House (ACH) service provider and...
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Bitcoin and US dollar banknotes showing crypto scams and ransomware payments
Cyber SecurityNews

Crypto Scams Plummet While Ransomware Payments Approach Record Levels in 2023

July 24, 2023
By mid-2023, crypto scams plummeted the most for any crypto-related crimes, while ransomware payments approach record levels from "big game hunting" and spray and pray attacks.
Read More
Hacker hunting for code showing crypto theft by North Korean hackers
Cyber SecurityNews

Crypto Sleuth Attributes the Alphopo Crypto Theft to North Korean Hackers, Raises the Amount Stolen to $60 Million

August 4, 2023
On-chain investigator links North Korean hackers to the Alphopo crypto theft and discovers an additional $37 million, raising the amount stolen to $60 million.
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Cryptocurrency bitcoin coin and padlock lock on computer keyboard showing crypto-regulations for virtual currencies
Cyber SecurityInsights

Crypto-Regulation: Regulatory Solutions Will Help Virtual Currencies Change the U.S. Financial Market

February 16, 2019
Many believe that virtual currencies could be a driving force in economic growth. Two new bi-partisan bills will seek to regulate virtual currencies while establishing significant protections for U.S. consumers.
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Man holding Crypto.com debit card in hand showing 2FA bypass in Crypto.com hack
Cyber SecurityNews

Crypto.com Hack Originating From 2FA Bypass Exceeds $30 Million Forcing Refunds and New Security Measures

January 27, 2022
Hackers stole up to $30 million in the Crypto.com hack associated with 2FA bypass, forcing the exchange to refund the victims and migrate to a new 2FA infrastructure.
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Hacker holding coins showing security breach at cryptocurrency exchange
Cyber SecurityNews

Cryptocurrency Exchange WazirX Loses $230 Million via a Multisig Wallet Security Breach

July 25, 2024
Indian cryptocurrency exchange platform WazirX has suffered a security breach that allowed the suspected North Korean Lazarus group to steal $230 million worth of crypto assets.
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Crypto currency mining on computer monitor showing the big impact of Cryptojacking on business
Cyber SecurityInsights

Cryptojacking’s Big Impact on Business

January 17, 2020
Cryptojacking incidents are increasing faster than any other types of cyber incident with reports indicate that it has tripled since 2017. Why are cryptojacking rates on the rise and how do you recognize it?
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Hacker.working on computer showing Lapsus$ hacker group and cyber extortion
Cyber SecurityNews

CSRB Exposes Lapsus$ Hacker Group’s Cyber Extortion Activities and Systemic Failures Enabling Them

August 23, 2023
The US Cyber Safety Review Board (CSRB) has published a comprehensive analysis of the Lapsus$ hacker group’s cyber extortion activities. The report highlighted simple but effective tactics the Lapsus$ hackers used to compromise organizations and the existing security gaps enabling them.
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Telephone fraud by a criminal hacker showing Twilio hack from vishing attack
Cyber SecurityNews

Culprit Behind Twilio Hack Traced to Earlier Vishing Attack That Nabbed Employee Credentials

October 31, 2022
The investigation into the August Twilio hack was recently concluded, and the company has found that the same attacker was responsible for a vishing attack that led to a smaller breach in June.
Read More
Cars on highway road in busy city showing cybersecurity regulations implication on autonomous vehicles
Cyber SecurityInsights

Current Administration Tackles Cybersecurity on a National Level

August 26, 2021
Biden's executive order is stepping up the nation’s cybersecurity measures and this can help enhance the security of autonomous vehicles where an attack could potentially have catastrophic consequences.
Read More
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