PYMNTS-MonitorEdge-May-2024

Hackers

A computer hacker is any skilled computer expert that uses their technical knowledge to overcome a problem. While "hacker" can refer to any skilled computer programmer, the term has become associated in popular culture with a "security hacker", someone who, with their technical knowledge, uses bugs or exploits to break into computer systems.

Source: en.wikipedia.org

Financial Firms Increasingly Victimized by ‘Cryptojacking’ Attacks
Financial Firms Increasingly Victimized by ‘Cryptojacking’ Attacks
July 26, 2022  |  Security & Fraud

Financial firms — including banks and trading houses — are becoming increasingly victimized in attacks where hackers aim to use their computer systems to mine...

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Crypto Firms Tell Hackers to Keep Some of What They Steal
Crypto Firms Tell Hackers to Keep Some of What They Steal
July 25, 2022  |  Cryptocurrency

Cryptocurrency platforms that have been the victim of thefts are telling their attackers to keep some of the stolen digital assets and give back the...

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DOJ Recovers $500K in Healthcare Ransom Demanded by North Korean Hackers 
DOJ Recovers $500K in Healthcare Ransom Demanded by North Korean Hackers 
July 21, 2022  |  Security & Fraud

Roughly a half-million dollars was seized on behalf of healthcare providers that reportedly paid ransom to North Korean hackers, the U.S Department of Justice said. ...

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Today in Crypto: Shiba Inu Plans Stablecoin, Reward Token, Card Game; Bitso Launches Crypto Remittance in Colombia
Today in Crypto: Shiba Inu Plans Stablecoin, Reward Token, Card Game; Bitso Launches Crypto Remittance...
July 07, 2022  |  Cryptocurrency

A developer behind SHIB, a popular meme crypto, has teased plans to boost the Shiba Inu ecosystem with a new decentralized stablecoin, CoinDesk reported Wednesday...

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Apple to Offer ‘Lockdown Mode’ Against Spyware
Apple to Offer ‘Lockdown Mode’ Against Spyware
July 06, 2022  |  Cybersecurity

Apple has put out two initiatives to help users fend off digital threats such as state-sponsored mercenary spyware, the tech giant announced in a company...

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Graff Diamonds Sues Insurance for Losses After Paying $7.5M Ransom to Hackers
Graff Diamonds Sues Insurance for Losses After Paying $7.5M Ransom to Hackers
July 06, 2022  |  Legal

Graff Diamonds, a British luxury jeweler, has paid a ransom in bitcoin of $7.5 million to Conti, the Russian hacking gang which leaked data on...

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Latest Crypto Bridge Hack Exposes Key Ecosystem Weakness
Latest Crypto Bridge Hack Exposes Key Ecosystem Weakness
June 24, 2022  |  Security & Fraud

Harmony’s Horizon bridge was exploited for $100 million, making three major bridge hacks this year and exposing a central weakness in the digital-asset nexus, according...

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Scammers Used Twitter’s Crypto Community to Steal Information
Scammers Used Twitter’s Crypto Community to Steal Information
May 26, 2022  |  Security & Fraud

Scammers are hijacking Twitter accounts to promote questionable cryptocurrency platforms that let them compromise their victim’s information. That’s according to Bloomberg News, which reported Thursday...

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EU Agrees on Cybersecurity Laws to Protect Financial Sector
EU Agrees on Cybersecurity Laws to Protect Financial Sector
May 13, 2022  |  Cybersecurity

The European Parliament, the Council of the European Union and the European member states voted to pass two important pieces of legislation that will tighten...

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