Hackers steal $41M from cryptocurrency exchange Binance

Binance’s users will not affected by the hack since the crypto currency exchange would use its secure asset funds to cover the loss. On Wednesday, in a significant development, hackers have managed to steal bitcoins worth $41 million from Binance, one of the world’s largest cryptocurrency exchanges. The development marks the latest theft in a…

Security of cryptocurrency exchanges to be bolstered in Japan

Japan’s financial regulator is pushing to improve internal security in the country’s cryptocurrency exchanges. On Tuesday, in a development that marks Japan’s intent to increase its oversight of cryptocurrencies, Japan’s financial regulator stated, cryptocurrency exchanges will now require to strengthen internal oversight of “cold wallets” used to store digital money, said a source with direct…

2 of out of 3 hotels leak personal info of guests: Symantec Corp

This is a threat since cyber-criminals are increasingly interested in monitoring the movement of influential business professionals as well as government employees. According to a research report released by Symantec Corp, two out of three hotel websites have inadvertently leaked guests’ booking details as well as personal data to third-party sites, including advertisers and analytics…

Cyber attack traced back to China: Bayer

In February, Germany’s cybersecurity agency had stated, the country had experienced a big increase in the number of security incidents hitting critical infrastructure, including power grids and water suppliers. German broadcasters BR and NDR had reported on these incidents. In a significant development, Germany’s largest drugmaker, Bayer stated it had mitigated a cyber attack on…

Whitefly held responsible for last year’s cyberattack on Singapore

Whitefly is a state-sponsored espionage group that has been very active in Singapore and has actively targeted its engineering, healthcare, telecoms and media sectors. According to a statement from Symantec Corp, the worst ever cyberattack suffered by Singapore, which saw the personal information of more than 1.5 million people stolen including that of the Prime…

Hackers distrupted U.S. newspaper distribution system using malware

The cyber attack caused disruption to production systems in the Saturday edition of a number of newspapers, all of whom shared a common production platform. According to a report from the Los Angeles Times, a cyber attack, that appeared to originate outside the U.S., caused significant printing and delivery disruptions at several U.S. newspapers including…

Chinese hackers stole missile plans from U.S. Navy contractors

According to the U.S. National Security Agency, Chinese cyber activity in the United States has risen in recent months with the bulk of these attacks aimed at disrupting critical infrastructure. The Wall Street Journal has reported, Chinese hackers have been able to breach and steal a slew of documents,including missile plans, from U.S. Navy contractors…