Search results for cybersecurity

On October 25, US and Ukrainian intelligence agencies wrapped up a joint operation to uncover a gang of money launderers who used cryptocurrency to legalize money for hackers on the darknet.

Android is an open-source operating system, which means that any developer can create applications (apps) for it. However, this feature is not only used by legitimate developers, but also by scammers.

According to the new study by Juniper Research, online businesses globally will lose more than $206 bln from online payment fraud by 2025. The figure is almost 10x equal to Amazon's net income recorded in the last year (2020).

As online shopping is one of the commonly used online activities internationally, the global retail e-Commerce sales globally are expected to increase to about $6.55 by 2022. However, the industry is still vulnerable to fraudsters, so a great share of profits is expected to be lost due to the vulnerability.

Digital wallets have been here for decades but its adoption and use has grown by about 70% during the Coronavirus plague era and expected to double this figure by 2025.

As the contour of 2020 and the first quarter (Q1) of 2021 has been progressively defined by the Covid-19 pandemic, digitalization has been like a vessel laden with technology that has an enormous capacity for stirring up mankind's prevent against contagious disease.

Despite the series of obvious advantages, the DeFi platforms seem to face cyber attacks over and over again. The latest hack cost an exchange $3.8M. The road in the DeFi and cryptocurrency sector seems not to be smooth.

Hackers broke into hundreds of security-cameras belonging to carmaker Tesla Inc., to gain access to the data collected by Verkada Inc., to prove the pervasiveness of video surveillance, and also expose the vulnerability existing in the walls of cybersecurity of these systems.

Blockchain technology is being used in many ways in the US. For instance, the technology enables secure sharing of medical data, anti-money laundering (AML) tracking system, music royalties tracking, cross-border payments, real-time Internet of Things (IoT) operating systems, personal identity security, supply chain and logistics monitoring, eVoting mechanism, and many other use cases.