Collaborate Disseminate
With ecommerce revenues higher than ever and estimated to reach $4.89 million in 2021 (per eMarketer), cart abandonment continues to be a major pain point for the industry and adjacent sectors, including payment processors and digital wallets. A closer… Continue reading Leveraging social media background checks to balance friction and risk
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
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
The average value of fraudulent purchase attempts increased 69% in 2020, a recent Sift report reveals. Also, several business categories were hit by both major increases in attempted fraud rates and increases in the value of those fraudulent purchases,… Continue reading Fraudulent purchase attempts value increased 69% in 2020
Five misconfigured Amazon Web Services (AWS) S3 buckets revealing private data of Key Ring users were discovered by vpnMentor researchers in January. Like many similar apps, Key Ring lets users store digital copies of their loyalty cards, create a shop… Continue reading Data Leak: Private information of 14 million Key Ring users exposed
Millions of IDs, charge cards, loyalty cards, gift cards, medical marijuana ID cards and personal information was left exposed to the open internet. Continue reading 44M Digital Wallet Items Exposed in Key Ring Cloud Misconfig
Facebook denies that it’s cringing away from its virtual currency plans due to the fact that regulators loathe it. Continue reading Facebook: No, we are not killing Libra
Although exchanges, wallets and other cryptocurrency custody services are strengthening their defenses, attackers continue to innovate and outpace even the current state of the cybersecurity art, according to CipherTrace. Even Binance, the world’s numb… Continue reading Thefts from cryptocurrency exchanges continue despite increased security
Air-gapped cold wallets might be one of the safest options for keeping your cryptocurrency stash, but even they can be compromised. And, as demonstrated by security researchers from the Ben-Gurion University of the Negev, Israel, extracting private key… Continue reading Exfiltrating private keys from air-gapped cold wallets
As if volatility, hacked exchanges and currency freezes weren’t enough Continue reading Cryptocoins robbed at gunpoint