Acting Comptroller of the Currency Michael J. Hsu says there are compelling arguments for a centralized U.S. stablecoin, but there are also high risks associated with it. Some security experts question whether the technology has advanced enough and consider stablecoin risks.
A group of fraudsters made more than $1.6 million in a massive scam using fake cryptocurrency giveaway YouTube streams attracting more than 165,000 viewers. The campaign also exploited the names of Vitalik Buterin, Elon Musk, Michael Saylor and other crypto enthusiasts.
The U.S. Treasury Department has sanctioned Russian darknet marketplace Hydra and cryptocurrency exchange Garantex. The German Bundeskriminalamt shut down Hydra on Tuesday, and Garantex allegedly was involved in ransomware and cybercriminal activities targeting U.S. citizens and other entities.
Expel is out with its new forward-looking report, “Great eXpeltations,” and
among the topics covered are supply chain targeting, ransomware & cryptojacking, along with business email compromise.
So what are the top trends and predictions for the 2022 cyber threat landscape and how do you better protect your...
A data breach involving email marketing firm Mailchimp has affected customers of cryptocurrency hardware wallet provider Trezor, which launched an investigation after its customers received phishing emails containing their Trezor email addresses. Mailchimp says it learned of the breach on March 26.
North Korean advanced persistent threat group Lazarus has emerged with a fresh spear-phishing campaign that uses a Trojanized DeFi application containing a legitimate program called DeFi Wallet that saves and manages a cryptocurrency wallet, but also implants a malicious file when executed.
In the latest weekly update, four editors at ISMG discuss important cybersecurity issues, including the lessons we can learn from Okta's breach fallout and subsequent response, how the first NFT rug pull of 2022 has amounted to over $1 million, and the much-anticipated return to in-person events.
HubSpot announced it had been the victim of a data breach resulting in the leak of client information for around 30 companies. Cryptocurrency organizations made up the bulk of the potential victims, and those companies are advising account holders to be on the lookout for phishing and other scams.
In a series of Executive Orders, National Security Memorandums (NSM-8), a government-wide push to embrace zero-trust architecture, and the National Institute of Standards and Technology (NIST) project to finalize Post-Quantum Cryptography (PQC) standards, advanced quantum security methods are beginning to emerge as a...
Prospects of Russia reviving its economy via cryptocurrency remain limited, officials have said, but the U.S. Treasury Department is reportedly warning that it has detected a rise in the use of digital assets for illicit transactions, including after Feb. 24, when the war began.
In the latest weekly update, four editors at ISMG discuss how Russia's invasion of Ukraine complicates cybercrime ransomware payments, a former U.S. Treasury senior adviser's take on Biden's cryptocurrency executive order, and important points regarding the upcoming identity theft executive order.
U.S. lawmakers on Thursday again discussed illicit finance with regard to cryptocurrencies - in light of recent warnings that the Russian government may increasingly rely on digital currencies to stabilize its sanctioned economy. And Sen. Elizabeth Warren introduced a sanctions-related bill.
Expel is out with its new forward-looking report, “Great eXpeltations,”
and ransomware and cryptojacking are among the topics covered. Jon
Hencinski of Expel and Michael Darling of Venable share insights on attack
trends and how to defend against them.
Download this eBook to learn more about:
Highlights...
The scary fact is that the majority of data breaches are caused by human error. With so many technical controls in place hackers are still getting through to your end users. How are they so easily manipulated into giving the cybercriminals what they want? Well, hackers are crafty. And the best way to beat them is to...
Ari Redbord of TRM Labs joins editors at ISMG to discuss President Biden's executive order on digital assets, the role of cryptocurrency in the Ukraine-Russia war and nuances for ransomware victims who consider paying a ransom, and trends in regulatory guidance and leadership for digital currency.
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