Coinbase, a leading cryptocurrency exchange based in the United States, recently fell victim to a substantial cyberattack, with potential losses projected between $180 million and $400 million for the current fiscal year. This assessment stems from an internal analysis conducted…
Blockchain & Cryptocurrency, Cryptocurrency Fraud, Fraud Management & Cybercrime Recent Developments: Sentencing of an Irish Crypto Launderer and an ISIS Financier Rashmi Ramesh (@rashmiramesh_) • May 15, 2025 Image: Shutterstock Every week, Information Security Media Group summarizes cybersecurity incidents in…
A recent report has highlighted significant gaps in data security measures within healthcare institutions, drawing a stark comparison to the safeguards employed by financial institutions. An individual cited by CBC expressed concern, asking, “How can a banking institution have those…
Russian-Backed Hackers Exploit Vulnerabilities in Mail Servers Worldwide In a significant security breach, threat actors associated with the Russian government have compromised several high-profile mail servers globally by exploiting cross-site scripting (XSS) vulnerabilities. This type of flaw, which has been…
The financial impact of data breaches is climbing alarmingly. By the close of 2025, estimates suggest the average cost of a data breach may surpass USD 4 million, with a staggering figure of approximately USD 4.86 million already being reported…
Cyberwarfare / Nation-State Attacks, Fraud Management & Cybercrime New Report Unveils North Korean Operatives in Leading Blockchain and Web3 Initiatives Chris Riotta (@chrisriotta) • May 14, 2025 A detail from the Monument to Party Founding in Pyongyang, North Korea. (Image:…
Massive Data Breach Exposes 89 Million Steam Accounts In a significant cybersecurity incident, details from approximately 89 million Steam accounts have reportedly been compromised. According to a recent analysis by cybersecurity firm Underdark, this sensitive information, which includes one-time passwords…
Chinese-Language Crypto Scam Marketplace Shut Down on Telegram A significant development in the battle against online crime has emerged as the notorious Chinese-language crypto marketplace, previously operating on Telegram, has officially shut its doors. Known initially as Huione Guarantee and…
Google Alerts U.S. Retailers to Potential Threat from Scattered Spider Cybercriminals Google’s Threat Intelligence unit has released a critical advisory for U.S. retailers, warning them of the imminent risk posed by the cybercriminal group known as Scattered Spider. This group…
Cybersecurity Spending, Healthcare, Industry Specific HHS Secretary Addresses Congress on Proposed FY 2026 Budget Marianne Kolbasuk McGee (HealthInfoSec) • May 14, 2025 Robert F. Kennedy Jr., secretary of the U.S. Department of Health and Human Services, testified in hearings regarding…
