Cybersecurity

Data leak at fintech giant Direct Trading Technologies

Data leak at fintech giant Direct Trading Technologies Pierluigi Paganini January 31, 2024 Sensitive data and trading activity of over 300K traders leaked online by international fintech firm Direct Trading Technologies. Direct Trading Technologies, an international fintech company, jeopardized over 300K traders by leaking their sensitive data and trading activity, thereby putting them at risk […]

Cybersecurity

Crypto trading firm closes shop after $8 million NY state fine over security issues

A cryptocurrency trading company has shut down after agreeing to pay an $8 million penalty and surrender its licenses to New York state regulators, who found it had violated multiple financial industry rules, including cybersecurity protections. Genesis Global Trading, Inc. had “compliance failures” that “left the company vulnerable to illicit activity and cybersecurity threats,” including […]

Cybersecurity

Crypto firm Kronos Research says $26 million stolen after cyberattack

Cryptocurrency trading and investment firm Kronos Research said $26 million worth of cryptocurrency was stolen from its systems following a cyberattack. The company said on Saturday that it experienced “unauthorized access” to some of its application programming interface (API) keys, forcing it to pause trading and begin an investigation. By Sunday, the company confirmed that […]