The stolen funds are believed to be linked to North Korean hacking groups, such as Lazarus, who use cryptocurrency cyberattacks to bypass international sanctions and finance their weapons development program.
Some of you have already started budgeting for 2024 and allocating funds to security areas within your organization. It is safe to say that employee security awareness training is one of the expenditure items, too. However, its effectiveness is an open question with people still engaging in insecure behaviors at the workplace. Besides, social engineering […]
A further multimillion-dollar distribution of funds from Western Union to victims of fraud perpetrated via its payment network has begun, following a previous payout of $365m. The new $40m tranche of money was forfeited by the Colorado-headquartered financial services giant to the Department of Justice (DoJ) to reimburse 25,000 victims in the US and abroad. […]