Thousands of bogus Twitter accounts push NFT scams to steal cryptocurrency

Elon Musk vowed to rid Twitter of fake accounts, but fraudsters continue using thousands of them in cryptocurrency scams.

financial news

Insurance giant settles NotPetya lawsuit, signaling cyber insurance shakeup

by Suzanne Smalley

Cyber insurance have already started to find other ways to avoid covering losses related to cyberattacks linked to nation-state hackers.

Treasury fines virtual currency exchange Bittrex for failing to catch ransomware payments

by Tonya Riley

The virtual currency exchange based in Washington state failed to catch more than 100,000 transactions from sanctioned regions.

Ex-NSA employee charged with violating Espionage Act, selling U.S. cyber secrets

by Suzanne Smalley

The former employee allegedly told an undercover FBI agent he was willing to sell classified documents for a $85,000 due to significant debt.

Twitter, Mudge and survival of the quittest

by Gavin Wilde

Why corporate Darwinism needs to change so Silicon Valley won't ignore the likes of Twitter whistleblower Peiter "Mudge" Zatko.

Why Tornado Cash sanctions are drawing fierce criticism, potential court challenge from crypto group

by Tonya Riley

Sanctions against the cryptocurrency mixer have ignited concern from industry stakeholders, privacy advocates and legal experts.

Treasury Department sanctions cryptocurrency 'mixer' Tornado Cash

by Tonya Riley

Treasury accused the mixer of failing to stop laundering from malicious cyber actors including North Korea's Lazarus Group.

Solana hack wipes more than 7,000 wallets, totaling nearly $5 million in losses

by Tonya Riley

The apparent software-based attack stands out among other major cryptocurrency hacks that have totaled nearly $2 billion so far in 2022.

Spree of multimillion dollar hacks creates booming business for blockchain security experts

by Tonya Riley

Nation-state threats have spooked the industry into being more diligent. But a band-aid approach may not be enough.

Bogus cryptocurrency apps swindle users out of millions, FBI warns

by Tonya Riley

The FBI is cautioning investors to take a second look before sending funds to new investment apps.

Cryptocurrency 'mixers' see record transactions from sanctioned actors

by Tonya Riley

An increase in funds sent from illicit addresses has accelerated the rise, indicating the technology remains attractive to cyber criminals.

TwitterFacebookLinkedInRedditGmail