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 […]
Phishing scams are evolving, and the latest exploit targets PayPal’s “New Address” feature, enabling cybercriminals to send authentic-looking emails from [email protected]. These emails inform users of unauthorized address additions and expensive purchases, creating panic and prompting them to call a fake support number. This tactic is sophisticated because it leverages PayPal’s legitimate communication channels, […]
As businesses increasingly prioritize efficiency, SAP cybersecurity threats have emerged as a glaring vulnerability, turning SAP systems into a goldmine for hackers. With over 77% of global transaction revenue touching an SAP system, the stakes have never been higher. These systems, powering everything from financial operations to supply chain logistics, are now prime targets for […]