Tag: hackers

The Financial Cost of Downtime

Technology over the past few decades is becoming more and more prevalent in society and we become more dependent, when it fails it wreaks havoc on our lives. The world is very dependent on tech and when it fails, even our homes are at risk, with our security systems and even our appliances relying on it. People’s homes aren’t the only ones at risk – businesses and companies are at …
[Read More]

Hackers In Turkey Steal $2.5M While Chatting Through An Online Game

Hackers in Turkey made away with $2.47 million worth of cryptocurrencies. And while this may not be the biggest hack in the recent past, this one was quite unique. The hackers used an online game chatting platform to communicate. As reported by a local media outlet, the crypto exchange detected the intrusion and immediately alerted the police. The police swung into action right away, stopping the attack. However, the hackers had …
[Read More]

What Does “Hacking” Your Crypto Actually Mean?

When it comes to digital theft, there is one aspect which is frequently misunderstood and miscommunicated. Despite popular belief, a thief isn’t stealing an individual’s asset itself (SSN, phone number, money); rather, he or she is stealing the key to acquiring that SSN, phone number, and/or money, at least initially. The key unlocks the means by which to obtain that information. When it comes to cryptocurrency theft, the same logic applies. They’re Not Stealing …
[Read More]

Top 5 Hacker Arrests of 2016

Hackers don’t have the best of reputations among consumers and law enforcement agencies. Several arrests are carried out every single year, as policemen and security agencies try to bring cyber crime to a halt. The year 2016 was no different in this regard, as several prominent hackers have been arrested. Some of these arrests involved prominent hackers, resulting in these stories getting quite a bit of mainstream attention. 5. Instagram …
[Read More]