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cybercrime

  • Criminals troll dating websites to scam would-be lovers with bogus offers

    August 19, 2021

    Cyber criminals offering bogus investment opportunities on dating platforms this year has led to losses of more than £15m, according to new data shared with Morning Wire this evening. While the vast majority of investments offered are in cryptocurrency, victims have also handed over money believing they are investing in other commodities, including stocks and [...]

  • Hacker in possession of $80m+ after crypto exchange attack

    August 19, 2021

    Liquid, a crypto exchange based in Japan, confirmed that it has been the victim of an attack with a hacker now in possession of $80m+. The hack targeted funds stored in the exchange’s “warm wallets,” a term used to describe wallets which are made vulnerable to hacks because they are connected to the internet.  In [...]

  • Millions of T-Mobile customers have data leaked in hack

    August 18, 2021

    T-Mobile has confirmed that millions of customers have had their data stolen during a hack. Data from 7.8m postpaid, 850,000 prepaid and records from 40m former and prospective customers were breached. Two days ago reports emerged that a hacker was selling 30 million ‘fullz,’ a term which describes complete identity data, on the dark web [...]

  • Poly Network offers hacker behind biggest ever DeFi attack $500k reward

    August 13, 2021

    Poly Network has offered a reward of $500k to a hacker who returned funds stolen in a $600m (£460m) attack earlier this week. In messages encoded in transactions on the blockchain, Poly Network thanked the hacker for returning the majority of the funds and offered them a bug bounty for identifying a flaw in the [...]

  • Apple child protection features spark concern among its own staff

    August 13, 2021

    Apple employees have spoken out internally about privacy concerns over the firm’s move to scan US customer phones and computers for child sex abuse images as protests over the new feature intensify, it is reported. More than 800 messages were shared between Apple staff across several days on an internal Slack channel, sources told Reuters, [...]

  • Hacker behind $600m DeFi attack returns funds

    August 11, 2021

    A hacker has returned assets to the Poly Network after they stole $611m of users’ funds in the biggest DeFi attack to date. The hacker today returned $256m of stolen funds after details about their identity were found by the blockchain analytics firm SlowMist Technology. In a statement, SlowMist said they had “discovered the attacker’s [...]

  • More than $600m lost in worst ever DeFi hack

    August 10, 2021

    Poly Network, a cross-chain protocol, has been attacked by a hacker who drained $611m (£441m) in the worst ever theft affecting Decentralized Finance (DeFi). Poly Network, which operates on the Ethereum, Binance and Polygon blockchains took to Twitter to announce the theft. They said: “We are sorry to announce that #PolyNetwork was attacked on @BinanceChain, [...]

  • The top five cybersecurity threats facing the Tokyo 2020 Olympic Games and how they could disrupt events, halt broadcasts and expose sensitive data

    July 23, 2021

    The Tokyo 2020 Olympic Games, which officially begins today, isn’t going to look anything like the Olympic Games that have gone before it.  Since no spectators are permitted at the live sports, this is likely to be one of the most streamed events of the year, with millions of people watching from home.  It isn’t [...]

  • Thousands of websites including Amazon, UPS, HSBC, BA, Airbnb and HBO hit in major global outage

    July 22, 2021

    A major server outage brought down thousands of websites across the UK, US and around the world, including HSBC, Barclays, American Express, Delta Airlines, Tesco Bank, alongside the PlayStation Network, Airbnb and Waitrose, as well as ITV and TSB. British Airways was also down. A message on the BA website read: “Service Unavailable – DNS [...]

  • Fraud, hacking and domestic violence surge during pandemic but homicides drop

    July 22, 2021

    Financial crime, fraud and hacking soared during the pandemic as criminals “took advantage of behavioural changes”, according to new figures published today. Domestic violence was up as well although the number of homicides dropped. Lockdowns and restrictions in movement in England and Wales saw a surge in online shopping which led to “substantial increases” in [...]

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