Cryptocurrency Fraud Reached $4.3 Billion in 2019

Cryptocurrency Fraud Reached $4.3 Billion in 2019
by Matthew Rosenquist on 02-23-2020 at 6:00 am

Cryptocurrency Fraud Reached 4.3 Billion in 2019

Cryptocurrency fraud is aggressively on the rise and topped over $4 billion last year, according to the security tracking company Chainalysis.

This is especially shocking to those who thought they had found an incredible investment in the cryptocurrency world, yet were swindled out of everything. As part of these cryptocurrency… Read More


Cryptocurrencies Should be Enabled to Blacklist Criminal Holdings

Cryptocurrencies Should be Enabled to Blacklist Criminal Holdings
by Matthew Rosenquist on 09-03-2019 at 6:00 am

Cryptocurrency is seen as a new, wild, reckless, revolutionary, and sometimes shady financial instrument. In addition to legitimate transactions, a disproportionate amount of attention is paid to the criminal use of cryptocurrency to store wealth, collect payments, transfer illicit funds, and launder money. Malicious

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Banks and ATMs Under Cyber Attack

Banks and ATMs Under Cyber Attack
by Matthew Rosenquist on 07-06-2019 at 5:00 am

The Silence hacking crew, mostly attributed to a group of very crafty Russian hackers, has struck again pulling-in over $3 million in cash from ATMs.

At least 3 banks have been attacked in the latest campaign, with Dutch Bangla Bank being the largest. The criminal hackers first compromised the bank’s card management infrastructure… Read More


Newer cryptocurrencies highlight need for agile mining strategies

Newer cryptocurrencies highlight need for agile mining strategies
by Tom Simon on 03-07-2019 at 12:00 pm

Cryptocurrencies represent a radical departure from traditional forms of money. Currencies like Bitcoin, Etherium and Monero offer many unique advantages over traditional currencies, and are changing how money is created and used. Bitcoin, the pioneer of cryptocurrencies, relies on pure computational power for so-called… Read More


8 Trends of IoT in 2018

8 Trends of IoT in 2018
by Ahmed Banafa on 02-18-2018 at 7:00 am

The Internet of things (IoT) is growing rapidly and 2018 will be a fascinating year for the IoT industry. IoT technology continues to evolve at an incredibly rapid pace. Consumers and businesses alike are anticipating the next big innovation. They are all set to embrace the ground-breaking impact of the Internet of Things on ourRead More


Cryptocurrency is the New Target for Cybercriminals

Cryptocurrency is the New Target for Cybercriminals
by Matthew Rosenquist on 01-02-2018 at 12:00 pm

As predicted, the rise of cryptocurrency valuation has captured the attention of cybercriminals. New hacks, thefts, misuse, and fraud schemes are on the rise. Where there is value, there will be a proportional risk of theft.Criminals always pursue and exploit systems where they can achieve personal financial gain. It is the Read More


Cybercriminals Next Targets: Long Term Prizes (part 2 of 2)

Cybercriminals Next Targets: Long Term Prizes (part 2 of 2)
by Matthew Rosenquist on 12-15-2016 at 12:00 pm

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In the previous blog, Cybercriminals Next Targets: Short Term Dangers (part 1 of 2), I outlined how cybercriminals will use the holiday season to victimize unwary consumers and target businesses. They will also dive deeper into leveraging Internet-of-Things (IoT) devices. The longer-term outlook expands their reach to more… Read More