As you attempt to strike it rich in the digital gold rush, make sure you know how to recognize various schemes that want to part you from your digital coins. The world seems to have gone ‘crypto-mad’. Digital currencies like bitcoin, Monero, Ethereum and Dogecoin are all over the internet. Their soaring value promises big … More Cryptocurrency scams: What to know and how to protect yourself
As you down tools for the holiday season, be sure to also switch off the standby lights – it’s both cost effective and better for the environment. Depending on who you talk to, climate change can sometimes be a contentious topic, but even the sceptics should accept that there is little point in wasting energy. … More Don’t forget to unplug your devices before you leave for the holidays!
Threat actors are increasingly using advanced tactics to obfuscate and launder their illicit gains, a report by the US Government finds. As much as US$5.2 billion worth of outgoing Bitcoin transactions may be tied to ransomware payouts involving the top 10 most common ransomware variants alone, according to a report by the Financial Crimes Enforcement Network (FinCEN) … More $5.2 billion worth of Bitcoin transactions possibly tied to ransomware
Japanese cryptocurrency exchange Liquid suspends cryptocurrency deposits and withdrawals and moves its assets into cold storage. Japanese cryptocurrency exchange platform Liquid has fallen victim to enterprising hackers who compromised its warm wallets and made off with more than US$97 million in various cryptocurrency assets. “At roughly 7:50 AM SGT on August 19th, Liquid’s Operations and … More Hackers swipe almost $100 million from major cryptocurrency exchange
Caught between a rock and a hard place, many ransomware victims cave in to extortion demands. Here’s what might change the calculus. The recent spate of ransomware payments cannot be the best use of cybersecurity budgets or shareholder capital, nor is it the best use of insurance industry funds. So, why are companies paying and … More Ransomware: To pay or not to pay? Legal or illegal? These are the questions …