Cybercriminals are increasingly utilizing artificial intelligence to enhance their tactics, making account takeovers more common. A Gartner report warns that the time to exploit compromised accounts could be cut by half within two years. Attackers often gain access through weak passwords acquired via data breaches and social engineering. Once inside, AI enables automated bots to ...
In March 2025, the rising threat of cyberattacks on cryptocurrency platforms became evident, highlighted by a significant hack on Bybit. To safeguard against such breaches, it is crucial for crypto platforms to implement robust security measures. These include multi-factor authentication, secure wallets, Know Your Customer (KYC) checks, and effective incident response plans. By taking these ...
As of March 12, 2025, cryptocurrency platforms are facing increased threats from hackers, highlighted by last month’s significant theft at Bybit. To protect against such attacks, it’s essential for these platforms to implement robust security measures. Strategies like multi-factor authentication, secure digital wallets, thorough identity checks (KYC), and effective incident response plans can significantly reduce ...
This blog post summarizes insights from the white paper “Preventing Account Takeovers on Centralized Cryptocurrency Exchanges.” It discusses the alarming rise of account takeovers (ATOs) in the crypto world, highlighting how attackers can lock users out of their accounts by exploiting security weaknesses. The paper aims to help Centralized Exchanges (CEXes) improve their security measures ...
Google recently highlighted a cyber threat group called TRIPLESTRENGTH, which is known for targeting cloud environments for cryptojacking and ransomware attacks. According to their latest Threat Horizons Report, this group engages in various malicious activities, including cryptocurrency mining on compromised cloud resources and deploying ransomware like Phobos and RCRU64. They gain access using stolen credentials ...
On January 23, 2025, Google unveiled information about a threat group called TRIPLESTRENGTH, known for targeting cloud environments for cryptojacking and ransomware attacks. This group uses stolen credentials to hijack cloud resources, primarily to mine cryptocurrencies using the unMiner application. In addition, they deploy ransomware on on-premise systems, utilizing various malicious tools like RCRU64 and ...
