Crypto exchange Gemini has notified authorities of a third-party breach that affected its Automated Clearing House (ACH) service provider and...
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.
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.
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.
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.
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.
Indian cryptocurrency exchange platform WazirX has suffered a security breach that allowed the suspected North Korean Lazarus group to steal $230 million worth of crypto assets.
Cryptojacking incidents are increasing faster than any other types of cyber incident with reports indicate that it has tripled since 2017. Why are cryptojacking rates on the rise and how do you recognize it?
The US Cyber Safety Review Board (CSRB) has published a comprehensive analysis of the Lapsus$ 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.
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.
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.










