A notable cryptocurrency exchange called FTX recently experienced a security compromise that briefly caused its gateway to be unavailable. The event sparked worries about the security of users’ assets on the network among users and the larger crypto community.…
Tag: CySecurity News – Latest Information Security and Hacking Incidents
Are Credit Monitoring Services a Valuable Tool for Financial Security?
There are scammers and hackers who prey on the personal data of other people in order to gain access to their credit cards. As a result, one can obtain very sensitive information such as the name and account number…
Security Changes at Australian Supermarket Raise Privacy Concerns
Our daily lives have been infused with technology, yet the ease and advancements it brings are not without drawbacks. A few of them even have effects on privacy. It is difficult to ignore a situation like this, especially in…
Investigating Chainalysis Data Reliability in Cryptocurrency Cases
Chainalysis has been a key player in bitcoin investigations in recent years, giving financial institutions and law enforcement authorities vital information and insights. But as its impact expands, concerns regarding the veracity and reliability of the information it offers…
DoD Claims: China’s ICS Cyber Onslaught Aims at Gaining Strategic Warfare Advantages
According to the US Department of Defense (DoD), China’s relentless cyberattacks on vital infrastructure are likely a precautionary measure intended to obtain a strategic advantage in the event of violent warfare. The Cyber Strategy released earlier this week by DoD…
Rival Cybercrime Groups Offer Conflicting Accounts of Casino Attack
In the latest development, members of the hacking group Scattered Spider have asserted that they were the initial perpetrators of the MGM network breach last week. However, the ransomware gang Alphv, also known as Black Cat, countered this claim…
‘Elon Musk’ Book Reveals: Musk Wanted to use Tesla Cameras to Surveille on Drivers
A recently published biography of Elon Musk by Walter Isaacson has revealed some interesting facts about Tesla, a popular revelation being the company’s approach to privacy and its rather controversial idea regarding an internal monitoring camera installed in their cars. …
TikTok Faces Massive €345 Million Penalty for Mishandling Kids’ Data Privacy
As a result of TikTok’s failure to shield underage users’ content from public view as well as violating EU data laws, the company has been fined €345 million (£296 million) for mishandling children’s accounts and for breaking the laws. …
Another Crypto Exchange Hacked, Following CoinEx Hack by Three Days
In the midst of a challenging year for crypto exchanges, Remitano, a centralized exchange, fell prey to a hack on September 14, 2023, losing nearly $2.7 million in digital currencies. The breach unfolded at around 12:45 PM on Thursday…
Here’s How Supermarket Loyalty Cards are Exploiting Consumers Weakness
Certain supermarket loyalty schemes, according to critics, are taking advantage of the cost of living problem by offering high discounts only to those who sell large amounts of personal data. Customer privacy is becoming a “luxury” for many struggling…