The Day 1 of the Digital Pilipinas 2023 - Digital Government Festival saw local and international private firms look at the damage cyber-attacks do, how to mitigate its risks, and find solutions.
Hope remains alive for Mark Cuban, whose $870,000 digital assets were stolen by phishing hackers, so long as the right steps are taken to reclaim what's his, a path initially taken by Dr. Craig Wright.
As the Philippines record an increased interest in digital currency adoption, the country faces the grim reality of dealing with growing threats in cyberspace, particularly in the "crypto" market.
The bad actors allegedly pay for Google ads to rank first on search results for several keywords that urge users to enter their wallet login details on the websites, according to Scam Sniffer.
Kaspersky found over 5 million phishing attempts, up from 3.6 million a year ago despite the 2022 market turmoil, even as scammers invent new phishing tactics.
Apart from the four individuals sanctioned by South Korea for plotting and initiating cyberattacks, seven institutions were also penalized for backing North Korea's missile development.
An investigation by cybersecurity firm Slowmist revealed that the North Korean hackers are working with bad actors from Eastern Europe to steal NFTs using decoy websites.
Halborn explained how the campaign is being perpetuated using a sample of the phishing email the company received, and it also pointed out the red flags in the email that can easily be missed.
Two regulators in Australia have jointly deployed countermeasures services offered by U.K.-based Netcraft to automatically take down websites hosting phishing and other scams on a trial basis.
Blockchain technology has the potential to revolutionize the e-commerce industry by making transactions more secure and streamlining the fulfillment process.
The scammers have developed ways of mirroring/spoofing genuine projects which is how many users fall victim to them, and both social media accounts and website links are used to carry out the attacks.
Trezor users claim Intuit failed to protect Mailchimp data, leading to targeted phishing attacks that saw some lose their digital assets to scammers.
