social engineering

Coinbase: Justice Department to Pursue Criminal Charges Against Cybercriminals
Coinbase: Justice Department to Pursue Criminal Charges Against Cybercriminals
May 19, 2025  |  Cryptocurrency

The Justice Department is reportedly investigating the data breach announced last week by Coinbase Global. Coinbase Chief Legal Officer Paul Grewal told Bloomberg in a report posted Monday (May 19): “We have...

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Crypto Firms Grapple With Bank-Like Risks, Without the Regulation
Crypto Firms Grapple With Bank-Like Risks, Without the Regulation
May 19, 2025  |  Cryptocurrency

Crypto exchanges are rapidly evolving into digital-age banks, amassing vast troves of customer data and assets — but without the regulatory muscle or hardened security...

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Binance and Kraken Reportedly Fend Off Social Engineering Hack
Binance and Kraken Reportedly Fend Off Social Engineering Hack
May 18, 2025  |  Cryptocurrency

Binance and Kraken were reportedly targeted in a social engineering cyberattack. As Bloomberg News reported Friday (May 16), the hacking attempts were similar to the...

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Coinbase Says Cybersecurity Incident Could Cost It $400 Million
Coinbase Says Cybersecurity Incident Could Cost It $400 Million
May 16, 2025  |  Cybersecurity

Coinbase disclosed that the cybersecurity incident it reported Thursday (May 15) could cost it as much as $400 million. The company’s investigation into the incident is...

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Social Engineering Game Exposes AI’s Achilles’ Heel, Experts Say
Social Engineering Game Exposes AI’s Achilles’ Heel, Experts Say
December 03, 2024  |  artificial intelligence

A user needed just a few carefully crafted sentences to override an artificial intelligence system’s core directives, manipulating it into transferring $47,000 in cryptocurrency through...

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Why Business Email Compromise Scams Target Valuable B2B Relationships
Why Business Email Compromise Scams Target Valuable B2B Relationships
August 14, 2024  |  Security & Fraud

Email remains a cornerstone of communication, especially within business-to-business (B2B) relationships. This reliance on email, however, has also made it a prime target for savvy...

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AI-Powered Vacation Scams Show Up Right on Time
AI-Powered Vacation Scams Show Up Right on Time
June 24, 2024  |  artificial intelligence

As travelers pack their bags for long-awaited summer trips, a new breed of scammer is tagging along — powered by artificial intelligence (AI). From fake...

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Cybercriminals Are Invading Corporate Inboxes: What Small Businesses Can Do
Cybercriminals Are Invading Corporate Inboxes: What Small Businesses Can Do
April 09, 2024  |  Cybersecurity

Behind every business is a group of individual employees. And, in most cases — and for most firms — those individuals use their work, or...

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Criminals Target Big Ticket Transactions in Commercial Banking Fraud Surge
Criminals Target Big Ticket Transactions in Commercial Banking Fraud Surge
February 05, 2024  |  Security & Fraud

What’s better than $10,000? Try $25 million. That, it appears, is the thinking of an emerging cohort of bad actors and financial criminals behind a...

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