Tag: #Blockchain
The world faces several concerns about data security and cybersecurity in the current scenario. The rising incidence of data security and cybersecurity breaches, fueled by increasing digitalization, faulty system operations, and global dependencies, forces organizations and users into secured silos Hence, the users as well as the organizations are forced to rely on carefully maintained […]
In a significant development related to the WazirX hack, the Delhi Consumer Commission has dismissed a plea filed by 40 investors affected by the 2022 cyberattack, which resulted in the loss of over ₹7 crore. The court ruled that the issue does not fall under its jurisdiction, as the dispute involves complex financial transactions and […]
WazirX unveils a Scheme of Arrangement to recover from the $234 million cyberattack, ensuring fair asset distribution and future stability. In July 2024, WazirX, one of India’s largest cryptocurrency exchanges, faced a security breach that led to the loss of millions in digital assets. The attack, attributed to North Korean hackers, significantly impacted user funds […]