Rashmi has seven years of experience writing and editing stories on finance,enterprise and consumer technology,and diversity and inclusion. She has previously worked at (formerly) News Corp-owned TechCircle, business daily The Economic Times and The New Indian Express.
Web3 companies are under attack by cybercriminals all year. After a compromise occurs, how should organizations respond? In Part 2 of this interview, Martin Derka of Web3 security firm Quantstamp discusses short-term and long-term mitigation steps and how to defend against cryptocurrency theft.
Threat actors are targeting Web3 and making off with billions in stolen cryptocurrency. How do they find vulnerabilities and plan and execute attacks? How can you defend against such attacks? Martin Derka of Web3 security firm Quantstamp shares insights by walking a mile in a hacker’s shoes.
A British judge ordered cryptocurrency trading platforms to divulge the identities of account holders accused of holding funds stolen from an English digital assets exchange. A change in civil procedure makes it easier for English judges to subpoena foreign entities in cases of financial fraud.
Even as the world wakes up to headlines of hackers stealing billions in cryptocurrency, countries such as India are mulling a state-run Central Bank Digital Currency for better security and stability. Dr. Dutta of IDBI Bank breaks down what works, what doesn't and what we can expect from CBDCs.
Bad actors, both external and internal, can steal and manipulate data during file transfer, as most firms don't have end-to-end encryption in place. Raghunandan Kaushik, regional sales director for India and SAARC at Fortra, discusses security blind spots and best practices to address these gaps.
On the heels of the recent FTX financial meltdown came the theft of millions of dollars that left thousands of investors, exchanges and others in the lurch. Hugh Brooks of CertiK shares the status of data that FTX stores, the role of regulations and best cybersecurity practices for crypto exchanges.
On the heels of the recent FTX financial meltdown came the theft of millions of dollars that left thousands of investors, exchanges and others in the lurch. Hugh Brooks, director of security operations at CertiK, shares how the funds may have been stolen and what happens next.
Iranian hackers used Log4Shell to penetrate the network of an unnamed federal agency where they stole passwords and implanted cryptocurrency mining software. Whether the Iranians were acting wholly on Tehran's behalf, on their own behalf, or both, is uncertain.
Bankrupt cryptocurrency exchange platform FTX says unsanctioned actors made off with customers' digital assets, causing a scramble to secure digital wallets. Estimates of the amount of stolen money are in the hundreds of millions. FTX filed for bankruptcy Friday after entering a liquidity crunch.
Subhajit Deb was a 22-year-old college graduate in 1999 with a major in hospitality management. He had no idea he would have to deal with technology for work - let alone secure it. Deb now has two decades of experience in information security, business continuity, risk management and data privacy.
A hacker who stole cryptocurrency says he should walk away with the majority of his loot and put that plan up for a vote to the people from who he stole, using votes tied to the stolen cryptocurrency to vote yes. "Seriously though, wtf is wrong with our industry?" tweeted a web3 consultant.
Crypto exchange Binance restored operations on its BSC Token Hub smart contract early Friday, hours after a $568.6 million hack. It upgraded the vulnerable contract in a new version and shared plans for potential measures to address this incident and increase security measures.
Crypto exchange Binance paused its smart contract platform Binance Smart Chain after a hacker exploited an internal verification vulnerability to steal cryptocurrency from its cross-chain bridge. Binance has acknowledged a theft of at least $100 million; PeckShield says hackers stole $586 million.
A cryptocurrency thief is hacking into other scammers' fraudulent liquidity mining websites to reach directly into the digital wallets of victims. The threat actor, dubbed "Water Labbu" by Trend Micro, has so far filched 316,728 USDT and infected 45 fraudulent decentralized applications.
A hacker exploited a smart contract bug to steal about $29 million from DEX aggregator Transit Finance. Within hours of the theft, the attacker returned nearly $19 million - but not before keeping a $2 million "bug bounty" and losing $1.1 million to a bot theft.
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