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“#World’s largest meat processor JBS Foods hit by cyberattack” The world’s largest meat supplier, JBS Foods, has been crippled by a cyberattack, the company announced, the latest hit to an already rattled supply chain that’s sent food costs soaring at grocery stores and restaurants. JBS said Monday evening that it shut its North American and…
“# Don’t blame crypto for ransomware ” Recently, gas has been a hot topic in the news. In the crypto media, it’s been about Ethereum miner’s fees. In the mainstream media, it’s been about good old-fashioned gasoline, including a short-term lack thereof along the East Coast, thanks to an alleged DarkSide ransomware attack on the…
“#The Best Affiliate Marketing Fraud Prevention Tools” Affiliate marketing has developed into one of the most valuable techniques in acquiring new customers for online businesses… but with this growth comes more risk of criminal activities. As the world continues its journey of digitalization, affiliate marketing can be an extremely effective method in discovering specific niches…
“# CipherTrace expands to cover Binance Smart Chain amid wave of exploits ” Cryptocurrency and blockchain intelligence company CipherTrace has announced analytics support for Binance Smart Chain (BSC) amid a rise in attacks and vulnerabilities on protocols running on the network. In an announcement on May 27, the firm stated that it aims to identify…
“#5+ Best Cloud Hosting Services for Small Business” Cloud hosting is the perfect solution for websites that want to scale. If you’re a small business and want to know what provider to choose, you’ve come to the right place. Cloud computing, in general, is a huge market. It generates more than $30 billion in 2020,…
“#Colonial Pipeline CEO summoned to testify before lawmakers” Lawmakers have summoned Joseph Blount, the CEO of Colonial Pipeline, to testify next month at a Congressional hearing to probe how a cyberattack caused a six-day shutdown of the biggest oil pipeline in the US. The hearing, called “Cyber Threats in the Pipeline: Using Lessons from the…
“#CNA Financial reportedly paid hackers $40M in ransom” CNA Financial, one of the biggest insurance companies in the US, reportedly forked over $40 million in ransom after it was hit by a cyberattack in late March. The Chicago-based company was locked out of its network and decided to pay the hackers after about two weeks,…
“# Turkish crypto exchange acknowledges 2018 breach with 500,000 users’ data stolen ” Major Turkish crypto exchange BtcTurk came forward about a data breach from mid-2018 that leaked sensitive information of over 500,000 users. According to the official announcement, the stolen data set contains BtcTurk users’ names, citizen ID numbers, emails, addresses, birthdates and mobile…
“# State-backed digital currencies can disrupt financial systems: Report ” Central bank digital currencies, or CBDCs, could pose a threat to financial systems if related risks are not managed, Big Three credit agency Fitch Ratings has warned. Fitch Ratings released a report on Monday entitled “Central Bank Digital Currencies: Opportunities, Risk and Disruption,” which discussed the…
“#Sen. Johnson says cyberattacks an ‘existential’ threat” Sen. Ron Johnson said the cyberattack on the Colonial Pipeline that caused drastic fuel shortages across the eastern US is an “existential” threat to the country’s energy grid that could get worse if the Green New Deal becomes a reality. “We are a fossil fuel fuel-based economy and…