In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how ransomware affiliates change operators and why terrorists aren't launching massive cyberattacks.
Cryptocurrency exchange Coinbase faces potential user trust challenges after a system error led it to send out false automated security alerts to about 125,000 customers indicating their two-factor authentication settings had been changed.
The Securities and Exchange Board of India has instructed depositories in the country to use distributed ledger technology to record and monitor the creation of securities as well as contracts of nonconvertible securities. The new monitoring system is expected to be implemented by April 1, 2022.
In the latest weekly update, four editors at Information Security Media Group discuss timely cybersecurity issues, including cryptocurrency exchange hacks and the cyber implications of the U.S. withdrawal from Kabul.
Google has removed eight fake crypto-mining apps from its Play Store, but researchers at security firm Trend Micro have flagged 120 other apps on users' phones purporting to also be crypto-mining. Users paid for services the eight apps never delivered.
A hacker breached the blockchain-based Poly Network platform to steal more than $600 million in cryptocurrency, the platform announced Tuesday. But Wednesday, it appeared the hacker had returned some of the stolen assets.
PayPal plans to hire more than 100 cryptocurrency experts, including those with expertise in compliance and anti-money laundering, as the online payments service expands its digital money transferring service and adds a "super app" wallet.
The world is now focused on ransomware, perhaps more so than any previous cybersecurity threat in history. But if the viability of ransomware as a criminal business model should decline, expect those attackers to quickly embrace something else, such as illicitly mining for cryptocurrency.
The White House has written to business leaders, urging them to prioritize having robust ransomware defenses in place. The move comes as the Biden administration pursues multiple strategies to combat ransomware and digital extortion, including ordering a new task force to coordinate all federal investigations.
Cryptocurrency is gaining traction worldwide. But is it ready to displace the U.S. dollar as the world's reserve currency? Kathy Wang and Kenneth Geers of Very Good Security bring this topic to the RSA Conference stage and share exclusive insights in this panel discussion.
Has the CEO of inaccessible Turkish cryptocurrency exchange Thodex exit-scammed, fleeing the country with $2 billion worth of his customers' assets? So say critics, and police have launched an investigation. But the CEO, Faruk Fatih Ozer, who's in Albania, has vowed to clear his name and restore users' funds.
Hackers with apparent ties to North Korea who hit e-commerce shops via Magecart-style attacks to steal payment card data also tested malicious tools for stealing cryptocurrency, reports cybersecurity firm Group-IB. Such functionality could trick customers into paying with cryptocurrency.