Security

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OFAC Warns Americans Against Facilitating Ransomware Payments

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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently issued an advisory highlighting the sanctions risk American citizens face if they help facilitate ransomware payments. In the advisory, the OFAC says it will “continue to impose sanctions on those who materially assist, sponsor, or provide financial, material, or technological support for … Read more

Kucoin Hack: $17M Laundered Via Decentralized Exchanges, Blockchain Analysis Firm Claims This Can Still be Traced

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Elliptic says the Kucoin hacker has sold $17.1 million worth of tokens via decentralized exchanges (dex) platforms like Uniswap, Kyber Network, Tokenlon. The shift to dex applications comes after centralized projects came to the aid of the beleaguered exchange by blocking any cashing out of the hack related funds. For the past few days, the … Read more

A Guide to Authentication Methods (Infographic)

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Stolen passwords and weak passwords are responsible for over 80% of security breaches in 2018, and in 2019 over 150,000 security incidents and nearly 4,000 confirmed data breaches were caused due to weak or stolen passwords. Passwords are some of the weakest forms of authentication, and when user authentication is not secure, cybercriminals have easy … Read more

Cryptojacking: A Rising Threat to All Internet Users

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The cryptocurrency revolution steadily marches on. While it has yet to completely reshape the financial and other systems of everyday life, crypto acquisition and usage grow yearly. There is so much to love about cryptocurrency. From its decentralized and democratic nature to the higher levels of security it can provide through the blockchain, crypto is … Read more