Tag: hack

Ransomware Attacks Decline by 11% in 2023 – February 21st

IBM X-Force released a report, disclosing that ransomware attacks declined by 11.5% in 2023, compared to 2022.  IBM says the decline in ransomware attacks is largely due to the new cybercrime focus of infostealing tactics which rose by 32%. IBM X-Force's report gathered data for the report based on 150 billion daily security events from 130 countries last year.

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Hack costs Mixin Network $200M – September 26th

Dubbed the ‘biggest hack of the year’, the recent attack on Hong Kong-based digital wallet company, Mixin Network has cost the company $200 million worth of crypto assets. Network authorities have announced that deposits and withdrawals on the site will only recommence once all vulnerabilities have been confirmed and fixed.

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