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Crypto heist: Curve loses USD 1.5+ bln

News | Cryptocurrencies | 02 Aug 2023

Cryptocurrency worth more than USD 1.5 billion has been removed from Curve Finance after a hack, impacting the DeFi market in the process.

cryptocurrency, hacking, cryptocurrency exchange, crypto, digital assets

Japan's Liquid hit by USD 94 mln hack

News | Digital Identity, Security & Online Fraud | 19 Aug 2021

Japanese cryptocurrency exchange Liquid has announced it was hit by hackers in a theft estimated to top USD 94 million, in the latest targeting of a crypto platform.

cryptocurrency, hacking, online fraud, cryptocurrency exchange

North Korean hackers charged by the US for stealing from global financial institutions

News | Digital Identity, Security & Online Fraud | 19 Feb 2021

The US Justice Department has charged three North Korean computer programmers for stealing from global financial institutions and firms over USD 1.3 billion.

US Justice Department, hackers, money laundering, cryptocurrency, cyber attacks

New developments in Bangladeshs central bank cyber heist

News | Digital Identity, Security & Online Fraud | 11 Jan 2019

A Philippine court held a former bank manager guilty on eight counts of money laundering, the first conviction in one of the world`s largest cyber heists.

Bank of Bangladesh, cyber heist, money laundering, cybersecurity, payments fraud, stolen funds, Asia, illegal bank transactions

Ecommerce sites infested with MagentoCore Card Skimmer

News | Digital Identity, Security & Online Fraud | 03 Sep 2018

A number of 7,339 ecommerce sites have been infested with the MagentoCore.net payment card skimmer in the last six months, making the malicious script one of the most successful credit-card threats out there.

ecommerce, MagentoCore, cybercrime, card skimmer, Magecart

Theft of cryptocurrencies surges in first half of 2018: report

News | Cryptocurrencies | 04 Jul 2018

Theft of cryptocurrencies from exchanges soared in the first half of 2018 to three times the level seen for the whole of 2017.

cryptocurrency theft, crypto, Bitcoin, report, money laundering, Bithumb, cryptocurrency exchange

Japans financial authorities order improvements at crypto exchanges

News | Cryptocurrencies | 25 Jun 2018

The Japanese Financial Services Agency (FSA) has ordered cryptocurrency exchanges to make improvements to lax measures on money laundering.

Japan, Financial Services Agency, FSA, money laundering, crypto exchange, cryptocurrency, bitFlyer

Bithumb loses over USD 30 million in digital money heist

News | Cryptocurrencies | 20 Jun 2018

Bithumb, a South Korean cryptocurrency exchange, has said USD 31.5 million worth of virtual coins were stolen by hackers, according to Reuters.

Bithumb, crypto exchange, Bitcoin, heist, hot wallet, cold wallet, cryptocurrency

Hackers steal more than USD 15 mln in Mexican bank heist

News | Digital Identity, Security & Online Fraud | 16 May 2018

Hackers have siphoned hundreds of millions of pesos out of Mexican banks, including No. 2 Banorte, according to Reuters.

bank heist, cybercriminals, cyberattack, Mexico, online security, fraud prevention, fraudulent transfer

Bitcoin exchange CSO accused of stealing USD 3.3 million in Bitcoins

News | Digital Identity, Security & Online Fraud | 13 Apr 2018

The Chief Security Officer (CSO) of Coinsecure, an India-based cryptocurrency exchange, has been accused of stealing 438 Bitcoins from the exchange’s main wallet.

Coinsecure, Bitcoin, blockchain, CSO, cryptocurrency, India, fraud prevention, online security, heist

Malaysia central bank attacked by hackers, Philippine banks on alert

News | Digital Identity, Security & Online Fraud | 02 Apr 2018

The Philippine central bank has sounded an alert to local financial institutions following a cyber-attack at the Malaysian central bank, according to Reuters.

banks, Philippines, Malaysia, heist, cyberattack, SWIFT bank messaging, Asia, transfers

USD 1.36 bln worth of cryptocurrencies stolen so far in 2018

News | Cryptocurrencies | 15 Mar 2018

Recent findings by Bitcoin.com News have revealed that fraudsters have stolen USD 1.36 billion worth of cryptocurrencies during the first two months of 2018.

cryptocurrencies, virtual currency, fraud, Bitcoin, crypto exchange

Indias City Union Bank hit by cyber hack via SWIFT system

News | Digital Identity, Security & Online Fraud | 19 Feb 2018

India’s City Union Bank systems have been hacked and USD 2 million were transferred through three unauthorized remittances to lenders overseas via the SWIFT platform.

City Union Bank, cyber attack, India, SWIFT, bank heist, remittances, money transfers, online security

SWIFT urges banks to bolster cybersecurity

News | Digital Identity, Security & Online Fraud | 30 Nov 2017

SWIFT has warned banks on the rising threat of digital heists, as hackers use increasingly sophisticated tools and techniques to launch new attacks.

SWIFT, bank messaging, NIC Asia Bank, Nepal, online fraud, transfer fraud, Asia, online security, heist, cybersecurity

Bangladesh heist updates: North Korea might be involved according to Kaspersky Lab

News | Digital Identity, Security & Online Fraud | 06 Apr 2017

Kaspersky Lab has announced that has digital evidence that bolsters suspicions by some researchers that North Korea was involved in Bangladesh heist in 2016.

Kaspersky Lab, financial attacks, Bangladesh heist, ransomware, device integrity, cybercrime, security, fraud, trends, US

Economies across the globe to fight bank sector hacking

News | Digital Identity, Security & Online Fraud | 20 Mar 2017

The G20 Finance Ministers and Central Bank Governors have pledged to jointly fight cyber attacks on the global banking system.

G20, security, cybercrime, EU, cyber attacks, banking, fraud prevention, Germany, theft

UK private sector companies collaborate with NCSC to fight cybercrime

News | Digital Identity, Security & Online Fraud | 15 Feb 2017

National Cyber Security Centre (NCSC) from UK has invited private sector companies to train and collaborate with it on cyber defence.

National Cyber Security Centre, UK, Europe, cyber crime, cyber security, fraud prevention

SWIFT discloses new cyber-attacks, forces security procedures

News | Digital Identity, Security & Online Fraud | 02 Sep 2016

SWIFT has disclosed new hacking attacks on its member banks as it pressured them to comply with security procedures instituted after the USD 81 million heist at Bangladesh Bank.

online fraud, online security, cyber security, fraud prevention, cyber-attacks, SWIFT

Philippine bank fines USD 12 mln for cyber attack

News | Digital Identity, Security & Online Fraud | 05 Aug 2016

The Philippine Central Bank has fined Rizal Commercial Banking Corp (RCBC) USD 21 million after it was used by hackers to channel millions of dollars stolen from Bangladesh into casinos.

fraud, cybercrime, cyber attack, banking, money laundering, Philippine Central Bank, Rizal Commercial Banking Corp

Cash worth USD 13 mln stolen from ATMs in Japan

News | Digital Identity, Security & Online Fraud | 25 May 2016

Cash worth USD 13 mln has been taken from cash machines in Japan using credit cards created with data stolen from a South Africa-based bank.

credit cards, fraud, stolen data, money, cash machine, security, banks, ATM, Japan