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Bybit Hack: $1.46 Billion Crypto Heist Points to North Korea's Lazarus Group

SecureWorld News

On February 21, 2025, the cryptocurrency world was rocked by the largest crypto heist in history. billion theft from Bybit is set to drastically reshape the cryptocurrency sector, most likely leading to a new era of regulatory scrutiny and security practices. billion in crypto assets.

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Threat Landscape Report: Uncovering Critical Cyber Threats to Hospitality and Recreation

Digital Shadows

Lets dive into the key findings from this period and explore how organizations in this sector can strengthen their defenses against rising cyber threats. Cryptocurrencies are difficult to trace, making them a prime target for theft. For example, in February 2025, North Koreas Lazarus Group stole $1.46

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LW ROUNDTABLE:  Predictive analytics, full-stack visualization to solidify cyber defenses in 2025

The Last Watchdog

The growing sophistication of cyber threats demands robust identity assurance solutions that include multifactor authentication, risk monitoring and adaptive verification collectively forming multi-factor verification (MFV.) AI-powered cryptocurrency attacks will automate phishing and exploit vulnerabilities.

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Crazy Evil gang runs over 10 highly specialized social media scams

Security Affairs

Since 2021, the Crazy Evil gang has become a major cybercriminal group, using phishing, identity fraud, and malware to steal cryptocurrency. “Targeting of Cryptocurrency Users and Influencers: Crazy Evil explicitly victimizes the cryptocurrency space with bespoke spearphishing lures.”

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Russia Charges Notorious Ransomware Developer in Rare Cybercrime Case

SecureWorld News

His arrest comes amidst record-breaking profits from ransomware attacks in 2024, emphasizing the need for coordinated international efforts to combat cybercrime​ Matveev is out on bail after paying fines and having his cryptocurrency assets seized.

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Security Affairs newsletter Round 498 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

CISA adds Palo Alto Networks Expedition bugs to its Known Exploited Vulnerabilities catalog Hackers target critical flaw CVE-2024-10914 in EOL D-Link NAS Devices China-linked threat actors compromised multiple telecos and spied on a limited number of U.S.

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Cybercrime Soars: FBI's 2024 Report Reveals $16.6 Billion in Losses

SecureWorld News

Top cybercrime categories: Phishing/spoofing: 193,407 complaints Extortion: 86,415 complaints Personal data breaches: 64,882 complaints Cryptocurrency-related scams: Nearly 150,000 complaints involved cryptocurrency, accounting for $9.3 billion in losses. During its infancy, IC3 received roughly 2,000 complaints every month.