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Russian-speaking hackers dominate ransomware attacks, TRM research says #Russian-speaking groups accounted for almost 70% of all crypto proceeds from ransomware attacks in 2023, extorting more than $500 million, according to new research by TRM Labs. #Ransomware is a type of malicious software that #encrypts a victim’s files or data, rendering them inaccessible. The attacker then demands a ransom, usually in #cryptocurrency, in exchange for the decryption key. https://lnkd.in/eKzmhjsB #cybernews #cybersecurity

The FixedFloat Crypto Exchange Hack 💰 In February 2024, FixedFloat, a decentralized cryptocurrency exchange, suffered a significant cyberattack, resulting in the theft of over $26 million in Bitcoin and Ethereum. The attack exploited vulnerabilities in the exchange's systems, leading to frozen transactions and missing funds. This incident underscores the vulnerabilities inherent in digital asset platforms and the need for robust cybersecurity measures to protect user funds and data. As a result of all of the recent breaches, following this one, there are serious concerns about the security of digital assets. How can we ensure our systems are secure against sophisticated cyber threats? What measures can be implemented to protect our data from unauthorized access? The importance of strengthening security protocols, implementing multi-factor authentication, and conducting regular security audits can't be overstated. In that case, we've got you. With TerraZone you can protect your digital assets with comprehensive cybersecurity solutions. Our services include advanced encryption techniques, real-time threat detection, and continuous monitoring to ensure the integrity and confidentiality of user data. Protect your digital assets 🔗 Discover more about our solutions at TerraZone.io. #crypto #datasecurity #databreach #cybersecurity #infosec #ransomware #cyberattacks #digitalsecurity #informationsecurity

Cryptocurrency and other types of investment scams lead the list of the riskiest types of scams, according to a new Better Business Bureau report. Learn more at https://lnkd.in/gSp8KGRV about how who is being targeted, which scams have the greatest impact, and behaviors that may impact an individual’s susceptibility.  #scamalert #investmentscam #cryptofraud #becybersmart #cybersecurity  

In a recent incident, Mandiant, a leading threat intelligence and cybersecurity company, fell victim to a cryptocurrency theft campaign, resulting in cybercriminals pocketing over $900,000. This incident highlights the importance of cybersecurity fundamental practices like the use of multifactor authenticators and strong passwords. Mandiant joins a list of high-profile targets, including the SEC, CertiK, Netgear, and Hyundai. The threat landscape keeps growing, stay informed: https://hubs.la/Q02gNY_K0 #Cybersecurity #Mandiant #SecurityBreach #Data #MFA #VirnetX

How to Prevent Cryptojacking An unauthorized use of a person’s or organization’s computing resources to mine cryptocurrency. Some cryptojacking malware examples include WannaMine4.0 ,Coinhive  ,Black-T #cybersecurity #cybersecurityawareness #preventcryptojacking #threatprotection

💥 The S21sec's Threat Intelligence Team has detected a new malware called CryptoLove Loader, related to the theft of cryptocurrency wallets.   Relevant team has conducted in-depth investigation to publish a special report with all the details of the type of tactics used by these cybercriminals, the behaviour of the malware and the manual developed by the members of the CryptoLove team.   Download the special report to get to know all the investigation and learn how to protect against these malware ▶ https://lnkd.in/drBSHQJ6

🔒 Protect your cryptocurrency assets! 🚫 Affects of Crypto Jacking! Ensure top-notch security measures for your servers and systems to avoid illegal activities. #Cybersecurity #ProtectYourAssets 💰🛡️ #cyberinsurance

Safeguarding Your Crypto Investments: CISA's Warning on Employee Scams As the crypto market continues to grow, so do the threats targeting it. The Cybersecurity and Infrastructure Security Agency (CISA) has issued a crucial warning to all crypto investors about the rise in scams perpetrated by employees. These schemes can compromise your investments and personal information. Stay vigilant and protect your assets by: + Regularly updating security protocols. + Conducting thorough background checks on employees. + Being cautious of unsolicited communication. Stay informed and safeguard your investments! Source: https://lnkd.in/dWXgA_g2 #CryptoSecurity #CISA #InvestmentSafety #Blockchain #CryptoInvesting #CyberSecurity #StaySafeOnline

Cryptojacking is when hackers secretly use your device to mine cryptocurrency, draining your battery and slowing down your system. Protect your devices and stay vigilant! 🔒💻 #ApptekSolutions #CyberSecurity #Cryptojacking #StaySafe #TechTips #DigitalSecurity

👉 Play Ransomware Group's Global Cyberattacks Unveiled Key takeaways: ◼ Widespread Impact: The Play ransomware group has launched around 300 attacks across North America, South America, and Europe since June 2022, targeting businesses and critical infrastructure as per the joint advisory by the US and Australian governments. ◼ Operational Tactics: Play employs a double-extortion model, using methods like abusing valid accounts and exploiting public-facing applications, and threatening to publish stolen data to coerce payments in cryptocurrency. #PlayRansomware #CybersecurityAlert #GlobalCyberThreat #RansomwareAttack #CyberDefense #CyberCrimePrevention #DigitalSecurity #InfrastructureProtection #CyberAttackStrategies #threatintelligence #informationsecurity #Cybersecurity