Most company decision-making executives know how blockchain technology works but few have adopted it within their organization at this stage. This is the conclusion drawn by the latest Pulse survey conducted on 145 senior IT managers from companies on three continents. It shows that only 8% have experienced this technology, compared to 53% who know how it works but are yet to use it.
A brief overview of the most notable cyber events of the last week.
Cryptocurrency mining has become very popular among malicious actors that aim to profit by exploiting cloud attack surfaces. Exposed Docker APIs have become a common target for cryptominers to mine various cryptocurrencies. According to the Google Threat Horizon report published Nov. 29, 2021, 86% of compromised Google Cloud instances were used to perform cryptocurrency mining.
This blog was written by an independent guest blogger. Non-fungible tokens (NFTs) are the new player in the financial investment market. They’ve seen tremendous interest from a wide range of parties, whether that be institutional investors or retail hobbyists looking to find an angle. As with anything involving money, malicious actors are already starting to take hold; Insider magazine recently highlighted the 265 Ethereum (roughly $1.1 million) theft due to a fraudulent NFT scheme.
Since the introduction of Bitcoin in 2009, and as a result of the global recession during that period, cryptocurrency have been a much-discussed topic across technology, finance, and even global policy. The news is dominated by stories of its impact on our lives and businesses.
The U.S. Department of Justice charged a British man for his alleged role in stealing $784,000 worth of cryptocurrency using SIM swap attacks. According to the unsealed indictment, Joseph James O’Connor – also known as “PlugWalkJoe” – conspired with others to steal approximately $784,000 worth of cryptocurrency from a Manhattan-based cryptocurrency company.
