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cybercrime

  • 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 [...]

  • Pegasus scandal: French President Macron targeted in spyware case

    July 21, 2021

    French President Emmanuel Macron called today for an investigation after it was reported that Morocco may have targeted his phone using spyware made by the Israeli company NSO Group. Watch the full report.

  • British man linked to 2020 Twitter hack arrested in Spain

    July 21, 2021

    Spanish police have arrested a 22-year-old British citizen in the southern city of Estepona for his alleged involvement in the July 2020 Twitter hack. The US requested his arrest on multiple charges connected to the cyberscam. Joseph O’Connor is also accused in a criminal complaint of computer intrusions linked with TikTok and Snapchat accounts takeovers, [...]

  • Pegasus spyware data leaks spark political rows from Delhi to Mexico

    July 20, 2021

    Politicians, journalists and human rights activists are believed to be targeted by Israeli spyware company NSO Group in the interest of its government clients, media reports on Monday. A list of more than 50,000 phone numbers was allegedly selected for potential surveillance as those of people of interest by government clients of NSO Group since [...]

  • China calls US, UK cyber attack allegations ‘groundless and irresponsible’

    July 20, 2021

    China has denied US-led accusations of orchestrating a global cyber hacking campaign against tech giants including Microsoft. The US and a coalition of allies, including the UK, EU, Australia, Canada, Japan, New Zealand and Nato, on Monday accused China behind the “systematic cyber sabotage”, including a major hacking of Microsoft earlier this year. China hit [...]

  • Scam at first sight: Criminals target dating websites to promote bogus investments

    July 20, 2021

    More than £15m has been lost to criminals offering bogus investment opportunities on dating platforms this year, according to new data shared with City A.M. this afternoon. The average loss per victim is £15,936, with a total of £15,665,332 lost so far this year, the UK’s reporting centre for fraud and cyber crime – Action [...]

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