Cryptocurrency exchange Binance must identify hackers and freeze their accounts after one of the company’s users said it was the victim of a hack worth $2.6 million, under the terms of a High Court of London order, per Friday (August 13) reports. The court’s judgment...
Cryptocurrency platform Poly Network on Friday (Aug. 13) thanked the so-called “white hat” hacker or hackers who seemed to exploit a vulnerability in the company’s digital contracts and execute a $610 million hack by offering a $500,000 “bug bounty,” according to Reuters. Poly Network’s statement...
To get to a true digital-first economy, to have credentials in place that can be used across a variety of online activities and settings, online identity verification must be bound up with authentication. And that must be at the very start, Robert Prigge, CEO of...
Employees at various companies are increasingly taking sensitive computer code with them as they quit their jobs, the Financial Times (FT) reported. As pandemic restrictions ease, high numbers of people have been quitting their jobs, according to FT. Research from the cyber security group Code42...
The hacker or hackers behind the theft from Poly Network, which facilitates peer-to-peer (P2P) transactions, have now returned almost all the $613 million they stole, Reuters reported, as they claim they always intended to do. The theft was one of the largest reported of cryptocurrency,...
A group of hackers who carried out what is believed to be the largest cryptocurrency heist on record have returned more than half of the money they stole. According to Reuters, the decentralized finance (DeFi) protocol Poly Network reported on Thursday (Aug. 12) that $342...
Hackers of decentralized finance (DeFi) platform Poly Network have returned over a third of the $613 million they stole, Reuters reported. Poly Network announced on Twitter that $260 million had been returned as of Wednesday (Aug. 11) afternoon. The network said there’s still another $269...
With the FBI reporting a 400 percent increase in cyberattacks on personal consumer data in 2020, PYMNTS analyzes the problem in the August 2021 study “The Privacy Paradox: Securing Data to Build Customer Engagement,” a Very Good Security collaboration, surveying nearly 2,260 U.S. consumers about...
Bottomline, a provider of automated and digitized services for its 1,200 bank and financial institution (FI) customers, on Wednesday (Aug. 11) announced the launch of its Watchlist Screening. Powered by an application programming interface (API), the real-time solution will be delivered via the company’s Software-as-a-Service...
