Cybersecurity Archives

China’s regulatory crackdown has wiped billions off tech stocks — here are the risks ahead

Jack J. Kelly Antitrust, Cybersecurity, Regulators, Stocks August 30, 2021

Chinese authorities have introduced a slew of legislation in the past few months, largely aimed at the tech sector — a move that’s spooked investors and wiped out billions of dollars in value from the country’s internet giants. The legislative onslaught began in November ...Read More

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Biden to host tech, finance and energy CEOs for security summit at White House following wave of cyberattacks

Jack J. Kelly Cybersecurity August 25, 2021

President Joe Biden will meet Wednesday with top executives from several of the largest companies in tech, financial services, insurance, energy and education to discuss how to combat cybersecurity threats. The event comes after the U.S. experienced several large cyberattacks that have added urgency ...Read More

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Cyber Attacks Are Making Work-From-Home Expensive for Businesses

Jack J. Kelly Cybersecurity August 23, 2021

Working from home during the pandemic cost German companies some 53 billion euros ($62 billion) worth of damages from cyber attacks, according to estimates by the Cologne Institute for Economic Research. Overall damages hit a record 224 billion euros last year, more than double the value ...Read More

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More than $90 million in cryptocurrency stolen after a top Japanese exchange is hacked

Jack J. Kelly Cryptocurrency, Cyber Crime, Cyber Fraud, Cybersecurity August 19, 2021

Japanese cryptocurrency exchange Liquid said Thursday it has been hit by a cyberattack that saw hackers make off with a reported $97 million worth of digital coins. Liquid said some of its digital currency wallets had been “compromised,” and that hackers were transferring the assets to ...Read More

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Crypto platform hit by $600 million heist asks hacker to become its chief security advisor

Jack J. Kelly Cyber Crime, Cyber Fraud, Cybersecurity August 17, 2021

The cryptocurrency platform targeted in a massive heist is now inviting the hacker behind it to become an advisor to the firm, and promising a $500,000 reward for the restoration of user funds. Poly Network, a so-called decentralized finance or “DeFi” project, was hit ...Read More

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Hacker behind $600 million crypto heist claims did it ‘for fun’

Jack J. Kelly Cyber Crime, Cyber Fraud, Cybersecurity August 12, 2021

A person claiming to be the hacker behind one of the biggest cryptocurrency heists of all time says the theft was done “for fun.” More than $600 million worth of crypto was stolen in the cyberattack, which targeted a decentralized finance platform called Poly Network. ...Read More

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Another big company hit by a ransomware attack

Jack J. Kelly Cyber Crime, Cyber Fraud, Cybersecurity August 12, 2021

Accenture, the global consulting firm, has been hit by the LockBit ransomware gang, according to the cybercriminal group’s website. Accenture (ACN)’s encrypted files will be published by the group on the dark web on Wednesday unless the company pays the ransom, LockBit claimed, according to ...Read More

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Hackers start to return some of the $600 million they stole in one of the biggest crypto heists

Jack J. Kelly Blockchain, Cryptocurrency, Cyber Crime, Cyber Fraud, Cybersecurity, Hackers August 11, 2021

Hackers have started returning some of the $600 million they stole in what’s likely to be one of the biggest cryptocurrency thefts ever. The cybercriminals exploited a vulnerability in Poly Network, a platform that looks to connect different blockchains so that they can work ...Read More

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Man busted in 2020 Twitter hack, bitcoin scam of Biden, Obama, Musk, Buffett accounts

Jack J. Kelly Cyber Crime, Cyber Fraud, Cybersecurity July 21, 2021

A British man was arrested Wednesday in Spain in connection with the 2020 hack of Twitter accounts belonging to Apple, President Joe Biden, former President Barack Obama, Tesla chief Elon Musk, Warren Buffett, Microsoft founder Bill Gates and more than 100 others to swindle their followers out of bitcoin, the Justice ...Read More

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CEOs: Cyber attacks biggest threat to growth in financial services

Jack J. Kelly Cyber Crime, Cyber Fraud, Cybersecurity, Hackers July 14, 2021

According to a PwC survey, 56% of top executives questioned ranked cybercrime as the main challenge to sector, with the pandemic and over-regulation seen as less of a threat, at 51% and 50%, respectively. This is a remarkable increase since 2016, when only 33% ...Read More

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Cybersecurity

Cybersecurity

China’s regulatory crackdown has wiped billions off tech stocks — here are the risks ahead

Biden to host tech, finance and energy CEOs for security summit at White House following wave of cyberattacks

Cyber Attacks Are Making Work-From-Home Expensive for Businesses

More than $90 million in cryptocurrency stolen after a top Japanese exchange is hacked

Crypto platform hit by $600 million heist asks hacker to become its chief security advisor

Hacker behind $600 million crypto heist claims did it ‘for fun’

Another big company hit by a ransomware attack

Hackers start to return some of the $600 million they stole in one of the biggest crypto heists

Man busted in 2020 Twitter hack, bitcoin scam of Biden, Obama, Musk, Buffett accounts

CEOs: Cyber attacks biggest threat to growth in financial services

Compliance Search Group – Managing Director, Insurance Risk Management

Compliance Search Group – Chief Compliance Officer, Private Funds Credit Group

Compliance Search Group – Regulatory Compliance Senior Manager

Compliance Search Group – Compliance Director

Compliance Search Group – FinTech Director of Compliance

Compliance Search Group – Anti-Money Laundering Compliance Officer

Compliance Search Group – FinTech Compliance Officer

CoinDesk – Social Media Editor

Gemini – Senior Associate, Sourcer

Robinhood – Brokerage Risk Manager