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 […]
During the ongoing World Economic Forum (WEF) in Davos, Russian hackers target Swiss banks and local councils, disrupting critical services with a series of cyberattacks. The attacks, attributed to the pro-Russian hacker group NoName, affected financial institutions such as Zurich Cantonal Bank and Vaud Cantonal Bank, alongside the local government websites of Lucerne, Adligenswil, Kriens, […]
Implementing safe online banking tips is essential for protecting your financial data and ensuring secure transactions in an era of growing cyber threats. Online banking has become the cornerstone of modern financial management, with over 65% of global bank customers using digital platforms for transactions as of 2024. While it offers unparalleled convenience, this shift […]