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...
A group of hackers behind a more than $600 million cryptocurrency heist — one of the largest of its kind – has begun to return the money it stole. As PYMNTS reported Tuesday (Aug. 10), the hackers pulled off the theft by exploiting a vulnerability...
In what is likely the biggest cryptocurrency theft in history, hackers made off with more than $600 million by exploiting a vulnerability in the multi-chain DeFi protocol Poly Network, according to multiple media reports and Twitter. The Poly Network enables users to swap tokens across...
At first glance, the metal or plastic credit card’s place in the connected economy seems a bit … well, tenuous. Tucked in the wallet, that tangible rectangle may not see much daylight in an age where the great digital shift has brought us all to...
As ransomware has increased in proliferation, so has the amount paid on average to the criminals, a Computer Weekly report says, citing data from the Palo Alto Networks Unit 42 security consulting group. The average ransomware victims paid was up by 82 percent since 2020....
