Crypto exchanges and their customers must protect themselves as attacks continue

Within the past several years, cryptocurrency has gone from a niche hobby to a mainstream concern. Cryptocurrencies like Bitcoin, Ethereum, and even Dogecoin have generated widespread interest, particularly as their value has risen. This interest has p… Continue reading Crypto exchanges and their customers must protect themselves as attacks continue

Phishing attacks increase in H1 2021, sharp jump in crypto attacks

Overall, the first half of 2021 shows a 22 percent increase in the volume of phishing attacks over the same time period last year, PhishLabs reveals. Notably, however, phishing volume in June dipped dramatically for the first time in six months, immedi… Continue reading Phishing attacks increase in H1 2021, sharp jump in crypto attacks

Bitcoin cyber attacks surge following rising demand and increasing price of bitcoin

Phishing impersonations and business email compromise (BEC) attacks designed to steal victims’ bitcoin surged by 192% between October 2020 and May 2021, closely following the rising demand and increasing price of bitcoin over the last eight months, acc… Continue reading Bitcoin cyber attacks surge following rising demand and increasing price of bitcoin

It takes less than one hour to exploit vulnerable container infrastructure

Aqua Security published a research revealing a continued rise in cyberattacks targeting container infrastructure and supply chains, and showing that it can now take less than one hour to exploit vulnerable container infrastructure. The report provides … Continue reading It takes less than one hour to exploit vulnerable container infrastructure

Ransomware decreases as cybercriminals hit more lucrative targets

McAfee released a report examining cybercriminal activity related to malware and the evolution of cyber threats in the first quarter of 2021. The quarter saw cyber adversaries shift from low-return, mass-spread ransomware campaigns toward fewer, custom… Continue reading Ransomware decreases as cybercriminals hit more lucrative targets

Bitcoin Security Rectifier app aims to make Bitcoin more secure

A computer science engineer at Michigan State University has a word of advice for the millions of bitcoin owners who use smartphone apps to manage their cryptocurrency: don’t. Or at least, be careful. Researchers are developing a mobile app to ac… Continue reading Bitcoin Security Rectifier app aims to make Bitcoin more secure

Are NFTs safe? 3 things you should know before you buy

NFTs, or non-fungible tokens, have captured the attention (and wallets) of consumers and businesses around the world. This is largely in part to the big price-tag sales, such as the digital artwork by Beeple that sold for over $69M on Christie’s Auctio… Continue reading Are NFTs safe? 3 things you should know before you buy

With more than 400,000 crypto scams created in 2020, increase of 75% predicted for 2021

The findings of a Bolster report, along with real life examples, clearly correlate the rise in crypto scams to the value and popularity of cryptocurrencies as well as the increase in individuals seeking financial assistance during the COVID-19 pandemic… Continue reading With more than 400,000 crypto scams created in 2020, increase of 75% predicted for 2021

A massive increase in eCrime behavior can easily disrupt business operations

During 2019, financially motivated cybercrime activity occurred on a nearly continuous basis, according to a CrowdStrike report. There was an increase in incidents of ransomware, maturation of the tactics used, and increasing ransom demands from eCrime… Continue reading A massive increase in eCrime behavior can easily disrupt business operations