Researchers gathered evidence from multiple attacks on cryptocurrency exchanges attributed to a threat actor named CryptoCore and established a strong link to the North Korean Lazarus APT group.

There has been an exponential rise in the number of cyber crimes during the ongoing corona pandemic. Along with fraud, there are extortion cases that have also increased.

According to researchers, the company’s data has been exposed on an Elasticsearch server and comprises two sectors including login credentials and shipment details (including PII).

Two weeks after Belgium’s parliament and scientific institutions were hit by a cyberattack, the National Security Council approved a new cybersecurity strategy to shore up its digital defenses.

The U.S. government is hoping to obtain additional information on the 2017 hacker attack targeting the EtherDelta crypto trading platform and it has asked victims of the incident to come forward.

On May 17, 2021, the US Federal Trade Commission announced, “Since October 2020, reports have skyrocketed, with nearly 7,000 people reporting losses of more than $80 million on these scams.”

The Colonial Pipeline incident revealed just how easy it was to bring a massive part of American infrastructure to a halt with a hack that, by cybersecurity standards, was about as sophisticated as a pickpocketing.

The gang’s wallet received a 75 BTC (bitcoin) payment, or roughly $5 million, made by Colonial Pipeline on May 8 following the cyberattack on its operations, according to a report from blockchain analytics firm Elliptic.

Ransomware attacks in Canada cost hundreds of millions of dollars in 2020 alone, with more than 4,000 attacks on our soil. In 2019, the official total was $2.3 billion, which is considered an extremely conservative estimate.

In recent years, attacks targeting critical infrastructure and businesses have surged. These include the 2017 WannaCry and NotPetya ransomware attacks, the 2015 attack on Ukrainian power grids, and 2010 Stuxnet attack on the Iranian nuclear reactor.