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A former U.K. cybersecurity chief has raised concerns that ransomware incidents are close to “getting out of control.” Ciaran Martin has also called for laws to prevent people from paying bitcoin to cybercriminals. Former Official Claims Most of the Cybercriminals Are Based in Russia During an interview with The Guardian, Martin, who was the head … Read more
Spanish cryptocurrency exchange 2gether has announced that it won’t compensate users for the full amount of bitcoin (BTC) and ether (ETH) stolen in August 2020. The exchange said that almost 5,000 of its customers won’t receive their cryptos under the compensation plan. Company Asks 9% of Its Users for More Time to Gather the Remaining … Read more
Threat actors have been finding opportunities in bitcoin’s bullish trend to increase their extortion campaigns. Hackers are actively threatening companies with DDoS attacks unless they pay for bitcoin ransoms. Bull Run Prices Push Extortionists to Increase Bitcoin Ransom Demands According to an alert issued by security firm Radware, there have been several reports between December … Read more
BuyUCoin initially denied the reports of a data breach, but added that all user funds are safe. Go to Source Powered by WPeMatico
Successful applicants can use the funds to buy a ticket to the company’s headquarters. Go to Source Powered by WPeMatico
The South Korean arm of global crypto giant Huobi has acquired an ISMS certification to comply with the upcoming Special Payment Act. Go to Source Powered by WPeMatico
“Are you able to imagine all the possible consequences that can occur to you and your loved ones?” said the scammer. Go to Source Powered by WPeMatico
As we are hopefully seeing the light at the end of the tunnel from the pandemic with proper distancing, masks, lockdowns, and vaccines, we should turn our attention to how business will be done in the post-pandemic economy. An often overlooked concern during these times is how to handle cybersecurity in an ever changing business … Read more
The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble. Go to Source Powered by WPeMatico
While bitcoin (BTC) prices are increasing, crypto-related scams appear on the scene to take advantage of the situation. In this case, a security firm spotted three malicious crypto apps targeting users to steal their funds. Three Bogus Crypto Trading and Poker Apps Are Infected With Dangerous Malware According to Intezer Labs, a year-long malware operation … Read more
