Tag: #CyberAttack
WazirX debt resolution 2025 marks a pivotal moment in the exchange’s recovery journey, securing over 93% creditor approval following its $230 million cyberattack. In an official blog post dated April 7, the exchange announced that its proposed credit restructuring scheme secured 93.1% approval from voting creditors—well above the minimum statutory requirements under Singapore law. This […]
In a deeply concerning case of prolonged cyberespionage, the Chinese state-linked hacking group Weaver Ant (a subgroup of the larger APT41) was discovered to have infiltrated a telecom provider’s internal network for more than four years, from 2019 to mid-2023. The hackers deployed custom malware, including xDealer and LionsBot, targeting both Windows and Linux environments […]
Medusa ransomware has emerged as one of the most disruptive cyber threats, infiltrating over 300 critical infrastructure organizations across various industries. First detected in June 2021, Medusa has quickly gained notoriety due to its double extortion tactics—encrypting data and threatening to leak it unless a ransom is paid. Recent statistics highlight the escalating threat posed […]