Officers of the Cybersecurity Department of Latvian Police exposed the activity of an organized gang of cybercriminals. During the operation, the law enforcers confiscated cash and cryptocurrency in the amount exceeding 110,000 Euro.
Since the inception of bitcoin, cryptocurrency exchanges have been a major target of attack compared to other traditional financial institutions such as banks. As cryptocurrency platforms tighten cybersecurity, hackers find new cracks in the wall.
The University of California had to pay a $1 million ransom to regain access to the research performed at their Medical School. The incident has proven the healthcare industry is still vulnerable to hacker attacks.
Protecting gadgets, networks and information from clever hackers has been a critical issue since the very appearance of digital technologies. Now, when the pandemic of COVID-19 forced entire countries to isolate themselves, the industry became even more vulnerable, thus showing the need for new solutions.
While countries are busy dealing with the coronavirus pandemic, they are targeted by hackers wishing to benefit from the crisis. Now, criminals aim at the vital and the most vulnerable industry as of now - healthcare.
Blockchain Technology applications in cyber security range from data protection, decentralization, resistance to attacks among others. General digitization is associated with a heap of risks that developers and entrepreneurs need to be aware of. Although the full potential of the technology is yet to be explored, it is already preventing many cyber crimes across the world.
Kaspersky Labs presented new service packages to help blockchain companies reinforce cybersecurity and spot fraudsters and attacks. As Italy faces some problems with cybersecurity, the country's community might benefit from these new solutions.
With cybersecurity still very weak, Danabot, Gootkit, SLoad and Panda (Zeus), are some of the malwares which have been disturbing and threatening people and their computers in Italy, according to Yoroi cybersecurity experts. Sensitive personal data has been lost and it is very hard to be restored. However, if blockchain technology is used, it could help users in to defend and protect their devices from being attacked and threatened by these malevolent malwares.