article thumbnail

Over $80 Million Lost Due to Cryptocurrency Scams

Heimadal Security

United States’ FTC just released their Data Spotlight Consumer protection report where it raises significant concerns and tries to raise awareness of cryptocurrency investments related risks. The post Over $80 Million Lost Due to Cryptocurrency Scams appeared first on Heimdal Security Blog.

article thumbnail

Overcoming Compliance Challenges in Cryptocurrency Regulations

Responsible Cyber

Did you know that cryptocurrency-related money laundering reached $8.6 This staggering figure expresses why AML checks have Understanding the Cryptocurrency AML Landscape Cryptocurrency regulatory landscape has changed dramatically. Current Global Regulatory Framework Cryptocurrency regulations around the world lack uniformity.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Student Sues Whiteworth University for Ransomware Attack

CyberSecurity Insiders

Since a breach of violation was witnessed regarding the Washington Consumer Protection Act, the lawsuit obtained importance and could revolutionize the future course of action taken against all cyber-criminal gangs that spread file-encrypting malware and encrypt the servers until a ransom is paid in cryptocurrency.

article thumbnail

Security Affairs newsletter Round 513 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

from Bybit, it is the largest cryptocurrency heist ever International Press Newsletter Cybercrime Mining Company NioCorp Loses $500,000 in BEC Hack Inside Black Bastas Exposed Internal Chat Logs: A Firsthand Look The Bleeding Edge of Phishing: darcula-suite 3.0

article thumbnail

Trump 2.0 Brings Cuts to Cyber, Consumer Protections

Krebs on Security

One month into his second term, President Trump’s actions to shrink the government through mass layoffs, firings and withholding funds allocated by Congress have thrown federal cybersecurity and consumer protection programs into disarray. CONSUMER PROTECTION? Image: Shutterstock.