Tether Responds to Bloomberg Article about Executives’ Fraud
By Daria Rud
According to Tether, it is currently running its usual business activities and focuses on its customers.
Cybersecurity News
Stay up to date on the latest news stories, articles and technical coverage on cybersecurity, cybercrime, ransomware, infosec, hacking and much more 
Bitcoin.Org Hit by Massive DDoS Attack
By Juhi Mirza
The crypto proponent website has experienced a DDoS attack that comes a week later after a UK court had decreed the website to stop hosting BTC white paper.
Ransomware Group REvil Strikes and Demands $70M to Be Paid Bitcoin from 200 US Firms
As it is quite common for the majority of hackers, REvil is now demanding over $70M in Bitcoin to decrypt the infected machines.
China Suspends DiDi App Operations over Alleged Data Violations
By Juhi Mirza
Following the news of an inevitable ban from China, DiDi has responded that the company will follow the order directed by the authorities and will halt all their app activities in the region.
FBI Takes Advantage of Criminals’ Sloppy Storage to Breach Their Bitcoin Wallet and Investigate Colonial Pipeline Attack
By Daria Rud
The attack of Colonial Pipeline is a good example of the necessity to better protect data. However, many agree that the FBI breaking into the crypto pockets of cybercriminals proves that using cryptos is not as risky as some may think.
How to Lose $10M via Email Delivery: ‘I Made Transaction, Then My Money Was Converted into Crypto and Stolen. How?’
By Dan Khomenko
The cybercriminal interacts with a victim, thereby coercing the individual to provide his or her personal data, such as their ID (passport/driver’s license). With this, the attacker can gain access to the victim’s account.
How to Restore Our Right to Digital Privacy?
By Andy Watson
New generation blockchains increase throughput to several thousand transactions per second with new engineering solutions such as PBFT proof of stake.
Twitter Hacker Bags Three Years in Jail After Pleading Guilty to Financial Fraud Charges
The Twitter hacker was tried and sentenced as a “Youthful Offender,” as he was yet to turn 18 when the hack was perpetrated. This helped him to avoid a minimum 10-year sentence that would have followed if he’d been convicted as an adult.
CD Projekt Hit by Cyber Attack, 7 Weeks after Cyberpunk 2077 Roll-out
By Kofi Ansah
CD Projekt said its backup systems remain untouched and doesn’t believe the compromised systems contained any personal data of its users of its services and players.
First Real DeFi Product from Grey Hat Hackers
By José Oramas
The attack had a rather strange outcome, as the Hacken CEO stated that this “was not a typical hacking”, and he plans to discuss the project with the hackers.
Cybersecurity News
Stay up to date on the latest news stories, insights, articles, and technical reports on cybersecurity, malware, cybercrimes, ransomware, information security, social engineering, hacking, crypto-jacking and many more at Coinspeaker.
Cybersecurity involves the protection of confidential data on web linked systems vulnerabilities and cyber theft. Internet-driven businesses employ the use of cybersecurity tools to avoid unauthorized access to their computer and data centers.
Cybercrime remains one of the major threats to businesses and internet investors in the tech space. Every day, we get stories on events of online theft, and going by the predictions of tech experts, the rate of global cybercrimes is expected to get worse in the coming years if drastic measures are not put in place.
Tech giants such as IBM, Amazon, Microsoft, Cisco, etc. have invested billions in Cyber Security with the hope of minimizing the rate of cyber-crimes across the globe.
The spread of malicious attacks and internet fraud continues to increase yearly, leaving a ruin of lives and assets in its wake. Luckily, the world has firms such as the ones listed above to fight for it, as the government can only do so much. Therefore, with these cybersecurity companies in existence, one can only hope that the war on cybercrime is won.
The battle to put an end to cybercrimes has been on for some time, and no matter how things may seem today, it would have been worse if not the help of certain cyber security firms.
According to export reports, over $3 trillion was lost worldwide to cybercriminals in 2015 alone, and if no solution is put in place to curb the rate, the stakeholders could be losing up to $6 trillion by 2021.
Cybersecurity news today brings you closer to the tech world by offering cutting edge updates on events relating to cybercrimes and theft.
Click to see more
