Digital extortion is one of the most lucrative ways cybercriminals can profit in today’s threat landscape. Many have fallen victim to this particular scheme and been bilked of their money —- from ordinary users to big enterprises.
Two cryptocurrency-related security incidents occurred during the past couple of days, adding to the rising number of attacks that target digital currency.
Scammers have found ways to give the rather dated Nigerian Prince scam a new twist: Abuse social media to steal cryptocurrency such as ethereum or bitcoin.
Cryptocurrency startup Bee Token confirmed that scammers conned its investors out of at least $928,000 worth of ethereum when it ran its initial coin offering (ICO)
Coincheck suffers a massive cryptocurrency hack while Experty users are tricked into buying a false ICO. What does this mean for the safety of cryptocurrency investors?
Bell Canada, one of the largest telecommunications company in the country, became the victim of a data breach after attackers managed to gain illegal access to its database.