Cryptocurrency hackers are shifting their focus from bitcoin to other tokens and newer blockchain services such as cross-chain bridges for illicit activity. Why is the oldest crypto token so unappealing to hackers these days, and what do other options offer? Ari Redbord of TRM Labs explained.
Ransomware attacks have continued to dominate headlines, and they’re constantly becoming more sophisticated.
How has ransomware evolved since it was first recognized around 2005? Who is now more vulnerable to these attacks? What are the top recommendations to mitigate and prevent ransomware?
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In this edition, four ISMG editors discuss important cybersecurity issues, including how virtual currency Monero is becoming the main alternative to Bitcoin as the crypto choice for criminals, the challenges involved in an identity-centric Zero Trust approach and how to influence change in culture.
The Monetary Authority of Singapore announced March 13 that it would begin regulating virtual currency exchanges to address potential money laundering and terrorist financing risks.
An Ohio man has pleaded guilty to operating an illegal bitcoin "mixer" service to launder more than $300 million in cryptocurrency for users of darknet marketplaces, according to the Justice Department. Larry Dean Harmon faces up to a 20-year federal prison sentence.
Bitcoin ATM operators and blockchain analytics firms that recently launched a "compliance cooperative" acknowledge one of their goals is to influence regulation of the sector.
Three banks and a pharmaceutical company in India are reported to have been hacked by attackers who compromised IT administrators' computers using Lechiffre ransomware, demanding payment in bitcoins. How should CISOs defend against extortion?
India is considering whether to recognize bitcoins as legal. As cybercriminals increasingly demand bitcoins for payment of ransoms, Iaw enforcement authorities are challenged in taking action against those who use virtual currency because of ambiguity over its legal status.
Although developed as a core technology underlying the infamous bitcoin, the blockchain ledger mechanism is proving to have a multitude of potential use-cases, from IoT micropayments to capital market trading, retail banking and even voting. The bitcoin blockchain is, in effect, a distributed ledger, shared with ...
Although developed as a core technology underlying the infamous bitcoin, the blockchain ledger mechanism is proving to have a multitude of potential use cases, from IoT micropayments to capital market trading, retail banking and even voting. The bitcoin blockchain is, in effect, a distributed ledger, shared with ...
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