Two men arrested one month after $230 million of cryptocurrency stolen from a single victim

Two men have been arrested by the FBI and charged in relation to their alleged involvement in a scam which saw almost a quarter of a billion dollars worth of cryptocurrency stolen from a single victim.

Read more in my article on the Hot for Security… Continue reading Two men arrested one month after $230 million of cryptocurrency stolen from a single victim

Smashing Security podcast #385: TFL security derailed, and is Trump the king of crypto?

Transport for London (TfL) suffers a cybersecurity incident and tells its 30,000 staff they will all have to their identities verified… in-person. Who might have been behind the attack and why? Meanwhile, Donald Trump’s curious relationship with cr… Continue reading Smashing Security podcast #385: TFL security derailed, and is Trump the king of crypto?

Losses due to cryptocurrency and BEC scams are soaring

Every type of fraud is on the rise, and 2023 was a particularly devastating year for victims of cryptocurrency and business email compromise (BEC) scams, according to the FBI. Cryptocurrency fraud Based on complaints filed to FBI’s Internet Crime… Continue reading Losses due to cryptocurrency and BEC scams are soaring