In a recent cyber attack, hackers managed to drain $12.4 million worth of Ethereum (ETH) from over 100 wallets linked to the popular password management service LastPass. The attack, which took place between December 16 and December 17, was uncovered by blockchain …
TD Bank, one of the largest financial institutions in the US, is facing intense scrutiny after being hit with a record-breaking penalty under the Bank Secrecy Act (BSA). The $3.09 billion fine, imposed by the US Department of Justice (DOJ) and the …
In August, cryptocurrency hackers managed to steal a staggering $313.86 million in digital assets through more than 10 cyberattacks, casting doubt on the broader acceptance of the asset class. According to blockchain security firm PeckShield, phishing attacks were the primary method used …
India’s Bharat Web3 Association (BWA) has taken proactive steps to prevent future cybersecurity mishaps in the wake of the recent WazirX hack. The BWA, led by Dilip Chenoy, has announced the launch of two new internal groups comprised of members from various …