With the potential to perform more advanced calculations and create more complex processing networks, quantum computers also pose new risks of compromising the most sophisticated cybersecurity systems.
Hackers seem to have shifted their focus from individual servers to corporate networks. In the second half of 2019, the number of postings on illicit marketplaces offering access to corporate networks reportedly began surging.
Having to rig someone’s landline phone and plant microphones all over their place to sniff out some secrets is now mostly the thing of vintage movies. We have voluntarily surrounded ourselves with cameras and microphones constantly connected to the internet. People upload their personal information, photos, and geolocation, show the world who their friends and […]
Looking through the news that came up during the month, one may notice several closely packed cases of hacking, extortion, and other unsavory activities involving Bitcoin. While there seems to be no particular connection between these cases, this is an unkind reminder not to be negligent about basic cybersecurity.
According to the report by CipherTrace, losses to frauds and theft related to cryptocurrency amounted to $4.4 billion in 2019. As the hi-tech market develops, cybercriminals have shifted their focus from exploiting technical vulnerabilities to social engineering. Using the typical weaknesses we humans have isn’t too hard and doesn’t require special skills.
According to a May study by The Block, 42 large cryptocurrency exchanges have been compromised since 2012, not taking smaller platforms into account. The total amount of stolen funds exceeded $1.35 billion, with about 59% of these funds (795.5 million) being stolen in 2018.
Lots of people tend to think that hackers are criminals seeking to steal your money or personal data. Just like all stereotypes, however, this is only partially true at best.
«When I found out about Bitcoin for the first time in 2011, I thought it was no use, despite interesting technology. My friend, a huge geek, had been already mining it at the time and convinced me to try. I abandoned this idea right after turning Bitcoin software on, because my computer was too loaded. […]
A Ukrainian hacker group dubbed Coinhoarder has stolen more than $50 million in cryptocurrency from users of Blockchain.info, one of the most popular providers of digital currency wallets, according to a report published Wednesday by Cisco’s Talos cybersecurity team.
According to analysts at Kaspersky Labs, cryptocurrencies may join banks, stock exchanges and investment funds in the list of possible targets for hackers in 2017.
According to Tal Be’ery, Microsoft Security Research Manager, Yevgeniy Nikulin, a Russian hacker detained in the Czech Republic earlier this month, may be linked to BitMarket bitcoin exchange hack back in 2013.
August 7, Bitfinex website posted a message stating that the service will be back online soon. In two days’ time, the website will run in a restricted mode, thus enabling the customers to check their accounts.