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Several Cryptocurrency Firms Suffer Domain Cyber-Attacks Due to GoDaddy Employee Error

Several Cryptocurrency Firms Suffer Domain Cyber-Attacks Due to GoDaddy Employee Error

Malicious actors gained control of domains owned by several cryptocurrency firms after tricking GoDaddy employees.

US Files Lawsuit to Recover Cryptocurrency Accounts Linked to North Korean Hacking Operation

US Files Lawsuit to Recover Cryptocurrency Accounts Linked to North Korean Hacking Operation

The US Department of Justice has filed a suit against North Korean state-sponsored cyber hackers for allegedly perpetrating two major cryptocurrency heists.

Why Regulated Banks Have Greater Potential For Financial Crime Than Bitcoin and Crypto

Why Regulated Banks Have Greater Potential For Financial Crime Than Bitcoin and Crypto

While agencies focus their attention on transparent Bitcoin transactions, banks have had an official free pass disclaimer to facilitate money laundering the entire time.

Cyber Science 2020 - Pioneering Research & Innovation in Cyber Situational Awareness

Cyber Science 2020 - Pioneering Research & Innovation in Cyber Situational Awareness

Cyber Science is an IEEE sponsored event, in partnership with the Dublin City University, Ireland. The event comprises four joint and co-located internationally refereed conferences, namely: Cyber Situational Awareness (CyberSA), Social Media, Cyber Security and Cyber Incident.

Telecom Argentina Hit By Ransomware attack: Hackers Demand $7.5 Million Monero

Telecom Argentina Hit By Ransomware attack: Hackers Demand $7.5 Million Monero

Cyber attackers are demanding Monero ransom worth $7.5 million after taking control of Telecom Argentina’s internal network.

Ripple and Chainalysis to Discuss How Crypto for Crime and Child Exploitation Can Be Prevented

Ripple and Chainalysis to Discuss How Crypto for Crime and Child Exploitation Can Be Prevented

An illicit way in which cryptocurrencies have been used in the digital age has been to drive the distribution of child sexual abuse material (CSAM).

UN Agency Advises Kenya to Embrace Blockchain Technology to Tame Corruption

UN Agency Advises Kenya to Embrace Blockchain Technology to Tame Corruption

The United Nations Office of Drugs and Crime (UNODC) wants Kenya to embrace blockchain technology to fight runaway corruption.

European Union Parliament Considers Petition for Crypto Fraud Victims Fund

European Union Parliament Considers Petition for Crypto Fraud Victims Fund

European Union Parliament is considering a petition from a consortium of individuals and companies to establish a restitution fund for victims of crypto-fraud.

Bitcoin Ransoms Doubled in 2019, New Report Warns Investors

Bitcoin Ransoms Doubled in 2019, New Report Warns Investors

Crypsis Group, a crypto forensics firm, noted in a recently released security report that crypto-ransoms, such as those involving Bitcoin, rose almost 200 percent for last year, compared to 2018.

Bitcoin Price Drop, An Aftermath of Janet Yellen Calling the Cryptocurrency "Extremely Inefficient"

Bitcoin Price Drop, An Aftermath of Janet Yellen Calling the Cryptocurrency "Extremely Inefficient"

The crypto market with Bitcoin in the lead is down following comments from Treasury Secretary, Janet Yellen that BTC is mainly used in crime and is inefficient.

Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars

Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars

According to federal authorities in the US, a group of international cybercriminals has been reportedly attacking the US unemployment systems, funneling millions of dollars in payments that were intended to support the detrimental effects the coronavirus pandemic had on the economy. With the number of infections in the US growing at an appalling rate, so far 1.5 million American citizens have been infected, with over 90,000 related deaths. The unemployment crisis in the country has surpassed the rate since the Great Depression, as the official US unemployment rate is at its highest in recorded history, at an alarming 14.7 percent. The New York Times obtained a memo from the US Secret Service, indicating that the fraud scheme was coming from a “well-organized Nigerian fraud ring,” and could result in the loss of hundreds of millions of dollars in the American financial system.

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