Cryptocurrency exchange loses millions in heist

Bithumb believes that, unlike in past incidents, this theft was the work of rogue insiders. Major South Korea-based cryptocurrency exchange Bithumb has announced that it was hit by a heist that impacted its own virtual coins. The exchange didn’t say how much was lost. However, ZDNet wrote that cryptocurrency insiders tracked down the outgoing transactions from Bithumb’s wallet address, … More Cryptocurrency exchange loses millions in heist

World Backup Day: Is your data in safe hands?

World Backup Day is a reminder that organizations and individuals need to make data backup and protection a priority. The loss of data – whether a result of human error, technological failure, or a cyberattack – is one of the greatest threats to organizations and individuals today. In our increasingly digitized world, we rely on our … More World Backup Day: Is your data in safe hands?

Man jailed for destroying former employer’s data

After he was fired for poor performance, the ex-employee was back with a vengeance, literally. A British man has been sent to prison for two years after he wiped out his ex-employer’s business-critical data in cloud storage, according to a report by the United Kingdom’s Thames Valley Police. Steffan Needham, of Bury, Greater Manchester, worked as an … More Man jailed for destroying former employer’s data

Global police arrest dozens of people in dark web sting

More trouble in dark markets? A notorious black-market bazaar announces plans to close up shop on the same day that police announce the arrests of 61 people. Law enforcement from Europe, the United States, and Canada have announced the results of a recent international operation against dozens of people who reportedly sold and bought illicit … More Global police arrest dozens of people in dark web sting

Two white hats hack a Tesla, get to keep it

The electric automaker is working to release a fix for the underlying vulnerability in a matter of days. A duo of white-hat hackers have earned themselves a brand new Tesla Model 3 after exposing a vulnerability in the car’s integrated browser. Richard Zhu and Amat Cam, aka team ‘Fluoroacetate’, managed to break into the electric … More Two white hats hack a Tesla, get to keep it