Search Results for "cybercrime"
US Treasury Department Believed to be Hacked by Russians, Bitcoin Bulls Respond “BTC Never Gets Hacked”
The US Treasury Department has been on the receiving line of a huge security breach that saw their internal servers targeted.
Ransomware Group Strikes Again: Canon Takes a Hit
Canon recently suffered a cyber attack where approximately 10 terabytes of files, photos and data were stolen.
Tether Implements Wallet-Freezing Policy Aligned with US Regulations
Tether's wallet-freezing policy, in line with US OFAC regulations, is a proactive approach to cybercrime, setting a new standard in the crypto industry.
About 6,000 Users Falls Trap as Victims under Phishing Attack: Coinbase
The Nasdaq-listed trading platform, Coinbase, says about 6,000 of its users were suffering as victims of a phishing attack that saw user's balances cleared.
Hackers Hungry for Bitcoin and Ether Target Indian Prime Minister Narendra Modi
Bitcoin and cryptocurrency hackers seized the social media account of India Prime Minister Narendra Modi today, in an effort to secure Bitcoin and Ether funds.
Darknet AlphaBay Moderator Paid in Bitcoin Sentenced to 11 Years in Prison
A darknet moderator for marketplace AlphaBay has been apprehended by law officials and sentenced to 11 years in prison.
G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence
According to a report released by the Financial Intelligence Unit of Mexico, the G7 banking sector was most at risk of money laundering operations.
World Economic Forum Warns Leaders to Brace for Long-Lasting Global Recession as Cybercrimes Surge
The World Economic Forum (WEF) suggested that leaders around the world need to do more to ensure a quicker and more sustainable recovery for the global economy caused by the COVID-19 pandemic. Amongst the 350 top risk professionals in the world surveyed, these risk managers expect a prolonged global recession, as a number of areas of concern were identified in the report compiled by the Forum’s Global Risks Advisory Board, Marsh & McLennan Companies Inc, and Zurich Insurance Group.
Twitter Bitcoin Hack Demonstrates That Crypto Fraud is Easier to Track Than Fiat
Cryptocurrency regulation was the hot topic during an ongoing panel hosted by the Association of Certified Financial Crime Specialists.
Deribit Exchange's Hot Wallet Hacked for $28M
Deribit exchange has revealed it has been hacked for $28 million
TOR Network Vulnerability May Have Facilitated Dark Web Bitcoin Theft
According to a cybersecurity researcher, Bitcoin thieves and hackers have controlled more exit relays on the Tor network this year than in the past five, raising serious cybersecurity concerns that experts are looking to fix.
New York Man Charged with Defrauding Investors $4.5 Million in Cryptocurrency Investment Scheme
A New York man has been charged in US federal court with defrauding investors out of millions of dollars in crypto assets that he used on offshore gambling sites. A criminal complaint was filed on July 9, and the US Attorney’s Office charged Douglas Jae Woo Kim, 27 years old, with wire fraud in which he allegedly conned three investors out of over $4.5 million of Ethereum and Bitcoin.