Hackers and ransomware groups have benefitted immensely by leveraging blockchain and cryptocurrencies to secure multi-million-dollar payouts. Cryptocurrency transactions are untraceable and not regulated by any government or authority. But hackers are now taking this further by attacking crypto exchanges...
Banks and financial institutions are always on a hacker’s target list. Cybercriminals recently targeted Bank Indonesia (BI), disrupting its operations temporarily. According to a report, the central bank of the Republic of Indonesia confirmed that it had sustained a...
Coming out of the cybersecurity, privacy, and data ethics fields, Digital Trust is becoming a requirement for doing business in the modern, hyperconnected world.
There is a significant trust deficit – people are increasingly saying that they don’t trust science...
Cryptocurrency exchange platform Crypto.com announced that unknown threat actors compromised its user accounts. In an official release, the company stated that a small number of users encountered unauthorized crypto withdrawals on their accounts. The intrusion reportedly affected 483 Crypto.com...
The North Atlantic Treaty Organization (NATO) recently entered into a deal with Ukraine to boost cybersecurity capabilities in the country. The NATO Communications and Information (NCI) Agency and Ukraine signed a renewed Memorandum of Agreement to continue working on...
In 2022, Cybercriminals will leverage the combination of IoT and 5G to conduct large-scale attacks, and attributing these attacks may become much more challenging. Given the speed and capacity available through 5G, hackers will hitch this to their tradecraft...
Cyberattacks and data breaches can be devastating to an organization's growth. Fuelled by the COVID-19 pandemic, enterprises worldwide sustained significant losses due to cyberattacks, especially ransomware. Apart from information theft, cyberattacks could cause a range of problems to victim...
Accellion, a provider of hosted file transfer services, recently agreed to pay $8.1 million to settle a class-action lawsuit related to a data breach in December 2020. The lawsuit, filed in a California Federal Court, claims that Accellion failed...
Among my three cybersecurity predictions for 2022, the one that I am optimistic about is cybersecurity getting more mindshare in the boardroom. Expect to see cybersecurity-focused board members taking an active role in understanding the organization's cybersecurity posture, including...
Platforms based on blockchain technology are currently garnering much public interest worldwide since they have always been an entry point for billions of individuals to build social communications. LeewayHertz says by 2025, social media is expected to rise at a CAGR...
