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Group-IB and CryptoIns introduce the world’s first insurance against cyber threats for cryptocurrency exchanges

Security Affairs

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. Based on the risk score, CryptoIns experts have calculated insurance rates for cryptocurrency exchange users who can now insure their accounts against cyber threats.

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Cyber Attack news headlines trending on Google

CyberSecurity Insiders

Foremost is the cyber attack that hit a third party IT service provider that operates most of the websites of government agencies related to New Zealand. Cybersecurity Insiders has learnt from its sources that Te Whatu Ora-health New Zealand was targeted by threat actors resulting in a breach.

Insiders

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Top Cyber Attacker Techniques, August–October 2024

Digital Shadows

ReliaQuest recently completed a thorough analysis of customer incident data and scoured cybercriminal forums to identify threat actors’ top tactics, techniques, and procedures (TTPs) from August 1 to October 31, 2024 (“the reporting period”). This rise is largely driven by financially motivated threat actors looking to maximize their profits.

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Protecting Your Cryptocurrency from Cyber Attacks

Responsible Cyber

Introduction Cryptocurrency represents a groundbreaking innovation in the financial sector, offering decentralized, peer-to-peer digital transactions through blockchain technology. However, the allure of these digital assets also attracts malicious actors, making cryptocurrency security paramount.

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United States offers $5 million rewards for Information on Cyber Attacks launched by North Korea

CyberSecurity Insiders

For the past 3-4 years, North Korea has been funding Kim Jong’s Nuclear ambition by launching cyber attacks leading to data breaches, stealing cryptocurrencies from exchanges and individual wallets, selling illegal arms to internationally acclaimed criminals such as terrorists, and conducting money laundering crime.

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Group-IB: $49.4 million of damage caused to Russia’s financial sector from cyber attacks

Security Affairs

Security firm Group-IB has estimated that in H2 2017-H1 2018 cyber attacks caused $49.4 Group-IB, an international company that specializes in preventing cyber attacks, has estimated that in H2 2017-H1 2018 cyber attacks caused $49.4 million (2.96 billion rubles) of damage to Russia’s financial sector.

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Microsoft Report: Scope and Scale of Cyber Threats Enormous, Global

SecureWorld News

To lower their overhead and boost the appearance of legitimacy, attackers are compromising business networks and devices to host phishing campaigns, malware, or even use their computing power to mine cryptocurrency.".