Security flaw exploited, ethical hacking debate reignited. Popular cryptocurrency exchange Kraken fell victim to a $3 million theft in June 2024. The culprit? An individual claiming to be a security researcher who exploited a critical vulnerability for personal gain. The Exploit The attacker identified a flaw in Major Crypto Exchange Kraken’s system that allowed them […]
Data Breach Leads to Extortion Attempts A recent cyberattack targeting users of Snowflake, a cloud-based data analytics company, has entered a critical phase. Hackers are demanding ransom payments ranging from $300,000 to a staggering $5 million from affected companies. This information comes from a security firm, Mandiant, which is assisting Snowflake in its investigation. Exploiting […]