The fast-evolving world of cryptocurrencies continues to be plagued by security concerns, as demonstrated by the recent theft of $44 million from a Singapore-based cryptocurrency platform, BingX. BingX confirmed that on September 20th,2024. They detected abnormal network access, potentially indicating an attack on BingX’s hot wallet. The crypto platform discovered the illicit movements of funds …
Author Archives: Michael Boansi Donkor
Ransomware Attack on Indonesia’s National Data Center
In June 2024, a ransomware attack broke into the National Data Centre in Indonesia and interrupted major services across the nation. The attackers who appear to be part of a ransomware attack group ‘LockBit’ demanded a ransom of US$ 8 million [1]. The Brain Cypher ransomware was shrouded in several forms and deployed in the …
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