Mining the Worlds Second-most-valuable Cryptocurrency at Evobits I.T SRL An engineer inspects Sapphire Technology Ltd. AMD graphics processing units (GPU) at the Evobits crypto farm in Cluj-Napoca, Ro...
Tag: Cybersecurity
Crypto startup Nomad offers 10% bounty after $190 million hack
Over $2 billion has been stolen from cross-chain bridges so far this year, according to crypto analysis firm Chainalysis Jakub Porzycki | Nurphoto via Getty Images Crypto company Nomad said it’s...
Palo Alto Networks Stock Surges Amid Hot Cybersecurity Market
Cybersecurity is front and center for businesses and individuals alike as Russia’s war on Ukraine drags on and as hackers around the world devise ever more sophisticated attacks. Palo Alto Netwo...
Cybersecurity in Web3: Protecting Yourself (And Your Ape JPEG)
Even though Web3 evangelists have long touted the native security features of blockchain, the torrent of money flowing into the industry makes it a tempting prospect for hackers, scammers and thieves....
Hackers drain nearly $200 million from crypto startup Nomad
Billions of dollars of value have been wiped off the cryptocurrency market in recent months. Companies in the industry are feeling the pain. Lending and trading firms are facing a liquidity crisis and...
We All Must Be Digital Guardians
getty Every aspect of our modern human existence and activity is now supported by a cyber ecosystem — the economy, every industry, every supply chain, our food and water supply, heath care, education,...
Cryptojacking of Financial Firms Increasing as Cases Triple Since 2021, Says Cybersecurity Firm
Financial firms have come under increasing attack from hackers who infiltrate their computer systems and use them to mine cryptocurrencies. The number of such cryptojacking incidents, as they have com...
CoinLoan partners with Blaze Information Security to bring a new standard of cybersecurity to their clients
26 July 2022, Tallinn: In the first quarter of 2022, hackers stole an estimated $1.3B from crypto companies across the globe — a number projected to go up as attacks become more frequent. In an indust...
CoinLoan bolsters cybersecurity by partnering with Blaze Information Security
It’s estimated that global crypto companies lost a hefty sum of $1.3 billion as a result of hackers’ wrongdoings in the first quarter of 2022. The worst-case scenario is that this sum may increase wit...
Reports: Cybersecurity Industry Will Reach $400 Billion by 2027
Given the growing digital space and everything almost going online, cybersecurity becomes an integral part due to the potential cyber-threat of companies. For many of their tasks, including its use fo...
Blockchain and cybersecurity awareness on the rise — PolySwarm CEO
As the blockchain space becomes more extensive, cybersecurity becomes a more crucial requirement for many. PolySwarm CEO Steve Bassi has argued that because of this, there is a need to leverage blockc...
China Cybersecurity Regulator CAC Fines Didi $1.19B for Data Security Law Violations
Didi has responded to the fine penalty. The company said in an online statement that it accepts the regulator’s decision. The Cyberspace Administration of China (CAC) has fined Chinese transport compa...
China Fines Ride-Hailing Giant Didi $1.2 Billion, Citing Cybersecurity Breaches
SINGAPORE—Chinese authorities fined ride-hailing company Didi Global the equivalent of about $1.2 billion, bringing an end to a yearlong investigation into the company’s cybersecurity practices. The f...
Chinese Ride-Sharing Giant Didi Global Fined More Than $1 Billion In Year-Long Cybersecurity Probe
Didi’s ride-sharing app. Costfoto/Future Publishing via Getty Images Chinese authorities have decided to impose an 8 billion yuan ($1.2 billion) fine on embattled ride-sharing giant Didi Global,...
The Sandbox Taps Cybersecurity Firm Brandshield to Tackle Rising NFT Frauds
The Sandbox, a Hong Kong-based gaming platform, has announced a partnership with BrandShield, a UK-based digital risk protection and brand protection company, as a major step forward in cybersecurity....
What US Journalists Need To Know About The The Foreign Hackers Targeting Them
Photo illustration of a computer hacker. getty In the days just before the January 6 attack at the US Capitol Building in 2021, a flurry of emails with seemingly anodyne subject lines started landing ...
The Future of Decentralized CyberSecurity
Naoris is a new type of cybersecurity, providing the world’s first blockchain-based cybersecurity solution. Naoris Protocol also introduces a new consensus mechanism called Distributed Proof of Securi...
Chinese ride-hailing giant Didi still awaits final ruling from Beijing, one year after it was put under cybersecurity review
Ride-hailing giant Didi Chuxing is still waiting for a final ruling from Chinese authorities, one year after Beijing shocked the market by initiating an unprecedented cybersecurity investigation into ...
North Korea likely behind $100 million Horizon crypto hack: Experts
A photo illustration showing the North Korean flag and a computer hacker. Budrul Chukrut | Sopa Images | Lightrocket | Getty Images North Korean state-sponsored hackers were likely the perpetrators of...
Bear market: is it a serious threat to cybersecurity tokens?
The first half of June 2022 brought numerous reasons for panic among crypto investors. The market capitalization of cryptocurrencies decreased by more than $400B dropping below $900B. The last time su...
Top 5 Cybersecurity Crypto Coins Below $1 to Watch in 2022 » NullTX
Hacker attacks are prevalent in the cryptocurrency industry. As a result, one of the most critical solutions for these people is to make the most significant security precautions, which is where block...
Hackers can now bring cargo ships and planes to a grinding halt
Container cargo ships sit off shore from the Long Beach/Los Angeles port complex in Long Beach, CA, on Wednesday, October 6, 2021. Jeff Gritchen | MediaNews Group | Getty Images Armed with little more...
Hackers steal $100 million in crypto from Harmony’s Horizon bridge
So-called blockchain bridges have become a prime target for hackers seeking to exploit vulnerabilities in the world of decentralized finance. Jakub Porzycki | NurPhoto | Getty Images Hackers have stol...
What’s the goal of joint efforts made by the Bank of Israel, International Settlements and Hong Kong for CBDC Cybersecurity?
Authorities want to make sure of this completely that a digital currency would have no threats over the economy anyhow. Hong Kong Monetary Authority, the Bank of Israel and the Bank for In...
CBDC Cybersecurity To Be Tested By Hong Kong, Bank Of Israel And Bank For Int’l Settlements
CBDC, or central bank digital currency, will be the main focus of three major financial and lending institutions to validate the feasibility of new digital currency system, the Bank of Israel said on ...
Cybersecurity firm supports Bitcoin ‘mission,’ converts balance sheet to BTC
Another business jumps aboard the Bitcoin bandwagon. Octagon Networks, a global cybersecurity network company with over 20 employees announced on Monday that it had “finished the process of converting...
Auto Cybersecurity Companies’ Challenge Is Now Proving Its Mousetrap Is Better
In a time where cybersecurity has become especially crucial, finding the better product strategy … [+] requires understanding what vendors exist and how their solutions fit your product’s ...
Octagon Networks; The First Cybersecurity Firm To Convert Balance Sheet To Bitcoin
Digital assets or the widely known as Bitcoin has gained immense popularity, a lot of companies have started to incorporate cryptocurrencies into their ecosystem. After MicroStrategy, Octagon Networks...
Octagon – The First Cybersecurity Company to Convert Its Balance Sheet Into BTC
Crypto Adoptions are booming over recent years spreading its services all around the world. As a matter of fact, people were very eager to do digital investments to save their life savings. Following ...