The best way to protect against this type of fraud is to ensure that all sensitive data is encrypted. Businesses must be aware of the risks associated with cryptocurrency theft. The company also announced that it had audited systems and improved the organization’s security posture. Initially dismissing the attack as an ‘incident,’ later retracted its statement, confirming that money had been stolen and that affected users had been reimbursed. This is another example of why using a password manager is so important. This was primarily possible thanks to the hackers’ ability to bypass two-factor authentication and access users’ wallets. In this case, hackers stole approximately $18 million worth of Bitcoin and $15 million worth of Ethereum, plus other cryptocurrencies. The attack took place on January 17th and targeted nearly 500 people’s cryptocurrency wallets. They are not in any particular order, but you should read on if you want to find out how significant an attack can be and what to do to avoid the same issues. The latest increase comes on the heels of 2021’s 68 percent increase in breaches over 2020, which beat the previous record, set in 2017, by 23 percent.īelow are some of the Top 10 breaches and cyberattacks in 2022 - so far. Data breaches in the first quarter were up 14 percent over a year ago, according to the Identity Theft Resource Center (ITRC). Unfortunately, cyberattacks and data breaches are still a big business, despite substantial increases in cybersecurity defenses around the globe. Information Security Awareness Program Guide.Comprehensive Guides on Key Security Topics. Train People and Create a Human Firewall. Prepare for and Manage Security Breaches.Direct Crypto Investigations & Compliance.Ensure Compliance with Laws & Standards.
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