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A complaint filed with the Maine Attorney General’s office also alleges the attack was only discovered six much after it occurred. A recent filing with Maine’s attorney general sheds new light on Coinbase’s data breach, claiming that nearly 70,000 users were impacted and that the incident went unnoticed for nearly six months. According to the…
Eric Council Jr., 26, was sentenced to 14 months in prison and three years of supervised release on Friday for participating in the hack of the official X account of the U.S. Securities and Exchange Commission. The U.S. Department of Justice announced the sentencing in a press release. Council and other hackers took over the…
The financial industry forms one of the most prone to cybercrime activities because of its dynamic nature. It can be a startup like fintech, a big bank or even a normal person using an online banking service. As finances are moving more towards automation, the requirements for cybersecurity technologies increase and are no longer optional….
Crypto giant Coinbase has confirmed its systems have been breached and customer data, including government-issued identity documents, were stolen. In a legally required filing with U.S. regulators, Coinbase said a hacker this week told the company that they had obtained information about customer accounts, and demanded money from the company in exchange for not publishing…
An email notification system used by U.S. federal and state government departments to alert residents to important information, has been used to send scam emails, TechCrunch has learned. The U.S. state of Indiana said Tuesday that it is “aware of fraudulent messages purportedly sent by state agencies” to residents about unpaid tolls. TechCrunch has seen…
The vote will close in several days, and an investigation into the cybersecurity compromise is ongoing, according to Lido DAO members. The Lido Decentralized Autonomous Organization (DAO), the entity that governs the Lido liquid staking protocol, has initiated an emergency vote to rotate a compromised oracle — a bridge that connects real-world data to blockchain…
In April, South Korea’s telco giant SK Telecom (SKT) was hit by a cyberattack that led to the theft of personal data on approximately 23 million customers, equivalent to almost half of the country’s 52 million residents. At a National Assembly hearing in Seoul on Thursday, SKT chief executive Young-sang Ryu said about 250,000 users…
Venture capital firm Insight Partners said it will alert an unspecified number of people that their personal information was stolen during a cyberattack in January. The VC firm confirmed in an updated statement this week it was planning to notify affected people on a rolling basis beginning “in the next few days.” The company said…
Coinbase users are falling prey to social engineering scams, costing users tens of millions of dollars in losses, according to ZackXBT. Onchain sleuth and security analyst ZackXBT claims to have identified an additional $45 million in funds stolen from Coinbase users through social engineering scams in the past seven days alone. According to the onchain…
Spyware maker NSO Group will have to pay more than $167 million in damages to WhatsApp for a 2019 hacking campaign against more than 1,400 users. On Tuesday, after a five-year legal battle, a jury ruled that NSO Group must pay $167,256,000 in punitive damages and around $444,719 in compensatory damages. This is a huge…