BlockFi Users Had Their Personal Exposed Following a SIM Swap

data theftEthereum’s DeFi industry is growing by leaps and bounds, but not all solutions are safe from harm. In the case of BlockFi, there was a recent data theft, although no funds are affected at this time. The data theft in question seemingly dates back to May 14, according to an official post by BlockFi. A Major BlockFi Data Theft Due to the temporary data breach, client data has been exposed to third-party criminals. Any unauthorized intrusion was quickly negated, yet there is still ample reason for concern. This theft is made possible thanks to a BlockFi employee becoming the victim

The post BlockFi Users Had Their Personal Exposed Following a SIM Swap appeared first on The Merkle News.

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The Data Theft Economy

Accidental loss and theft of laptops, mobile devices, and more serve the biggest physical threats to your data. 25% of laptops are stolen from the office or a car, 14% are lost in airports or on planes, but only 25% total are recovered. Although the chip card provides more security, financial security is still at risk of data theft. On average, the numbers from one stolen credit or debit card number sells for $5 on the dark web. Providing the accompanying bank routing and account numbers triple’s the sale value. Here’s how everything works.   To obtain stolen data, scammers

The post The Data Theft Economy appeared first on The Merkle Hash.

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Luas Website Hacker Demands a Bitcoin Ransom

ransom

Bitcoin often gets a very bad reputation because of its association with criminal activity. While no one can deny criminals have shown a clear bias toward cryptocurrencies, there is much more to Bitcoin than just that. Even so, a recent cyber attack affected the Luas website shows hackers aren’t done with making Bitcoin ransom demands […]

The post Luas Website Hacker Demands a Bitcoin Ransom appeared first on NullTX.

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If We Can Lose Our Money, What About Our Data?

data theftWe hear a lot about wallets and exchanges being hacked. And about ICO scams and unfortunate investors waking up to zero balances. Investing in the crypto space is scary. The prospect of losing money is scary. But what about losing data? As Equifax so monumentally demonstrated, having one’s personal information wind up in the hands of hackers is no walk in the park either. So, would using blockchain make us any safer? If this is the technology with the potential to store the world’s data, how do we know it won’t be stolen by cyber criminals as well? And if blockchains

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