Tipalti, a leading global payables automation platform with high-profile customers like X (formerly Twitter), Twitch, GoDaddy, Roku, Canva, and Business Insider, has recently released a statement acknowledging the ransomware claims made against them. The attack was carried out by the ALPHV/BlackCat ransomware group, which publicly announced its breach of Tipalti on the dark web blog on December 3rd. The group
With the rapid growth of technology and increased reliance on the internet, cybercrimes have become a prevalent threat. It is essential to raise awareness and take necessary precautions to protect ourselves from falling victim to online scams, fraud, and phishing attempts. Overview of internet crime complaints The FBI’s Internet Crime Complaint Center (IC3) serves as a vital resource for tracking
In recent years, the world has witnessed a surge in the digital lending industry, making financial assistance easily accessible to a wide range of users. However, this convenience has also attracted malicious actors looking to exploit vulnerable individuals. Security researchers have uncovered a disturbing trend since the beginning of 2023 – an alarming increase in deceptive Android loan apps. What
Decentralized finance (DeFi) has revolutionized the financial landscape by offering trustless, transparent, and permissionless platforms. However, as with any groundbreaking innovation, there are those who seek to exploit vulnerabilities for personal gain. In this article, we will delve into the manipulative tactics employed by scammers to inflate token prices in liquidity pools. We will also explore the vulnerabilities of decentralized
In today’s digital landscape, cyber attacks have become increasingly sophisticated, and one particular tactic that has seen a rise in complexity is brand impersonation. Threat actors are now employing multi-stage attacks with a high degree of personalization, making it challenging for both individuals and security solutions to detect and defend against these malicious activities. Description of the Attack A recent
In a shocking incident, a New York-based medical imaging services provider, ERMI, has revealed that the personal information of nearly 606,000 individuals may have been accessed and copied in a recent cyberattack. This incident highlights the persistent threat that cybercriminals pose to the healthcare industry and the need for enhanced cybersecurity measures. Detection of suspicious activity On September 20, ERMI’s
In today’s digital landscape, cloud-first infrastructures have experienced a rapid acceleration driven by the COVID-19 pandemic. This shift has brought about significant changes in the cloud threat model, with attackers increasing their focus on exploiting vulnerabilities in the cloud. However, the alarming reality is that many organizations lack the necessary cloud security talent to combat these next-generation attackers, often relying
Cloud services have become an integral part of our digital infrastructure, but their rising costs pose a challenge for businesses and individuals alike. However, with the increasing availability of connected computing and storage resources, a new paradigm called federated cloud services is emerging. This concept, inspired by the decentralized communication model of the fediverse, empowers users to communicate and interact
Rad, a prominent streaming platform, has recently announced a major milestone: securing significant funding in a follow-on round led by Ayre Ventures. Alongside this achievement, Rad has integrated the use of BSV Blockchain into its publishing and purchasing flow for transactional video on demand (TVOD) and NFT video. This integration not only enhances the platform’s functionalities but also ensures transparent
The gaming industry is undergoing a significant transformation with the introduction of immutable blockchain technology. Start-up company Immutable has emerged as a game-changer, offering innovative blockchain solutions that provide faster and more cost-effective experiences for players. Numerous game developers have already embraced Immutable’s technology, revolutionizing the gaming landscape. Immutable’s Collaboration with the Epic Games Store One major platform that has
In 2009, a groundbreaking technology emerged under the pseudonym Satoshi Nakamoto – Bitcoin. This revolutionary cryptocurrency operated on a decentralized network of computers known as the blockchain. In this article, we delve into the intricacies of the blockchain, its decentralized nature, and the role of cryptography in securing transactions. Understanding Blockchain Blockchain, often referred to as a distributed ledger, is
The Shiba Inu ecosystem is poised for significant expansion as it embarks on a series of upgrades aimed at enhancing scalability, reducing transaction costs, and optimizing overall efficiency. In line with these goals, one of the most notable changes includes the migration of Shibarium’s Puppynet from the Goerli Network to the Sepolia Network. Moreover, a groundbreaking token burning mechanism has
