South Korea’s Financial Services Commission has announced plans to tighten cybersecurity requirements across the country’s financial sector after an industry-wide review uncovered more problems than anyone wanted to find. A regulatory review of 555 financial companies revealed cybersecurity deficiencies in 130 of them, nearly one in four. In addition, approximately
The Chief Executive Officer of Hacken, Dyma Budorin, claims that crypto firms are still not serious about cybersecurity, despite big hacks such as the $1.4 billion hack of Bybit. He further added that the industry continues to be dependent on restricted steps like bug bounties and penetration tests. Instead of
As the cryptocurrency market is expanding and presents new financial prospects, it is tragically also a tool utilized in plenty of scams and frauds. Scams are nothing new; they are always the same kind of deception which individuals come across, but in different forms. Because scammers are often changing their
An elite group of ethical hackers has formed a “SEAL” team dedicated to aiding defenses in the crypto space. Since its inception in August 2023, the Security Alliance team, led by renowned white hat hacker and Paradigm researcher Samczsun, has completed over 900 hack-related investigations. The SEAL team’s efforts are
Resonance Security, the first of its kind full-spectrum cybersecurity provider that’s transforming Web2 and Web3 security from the ground up, has announced the V1 release of its platform following a successful, one year beta testing phase. The full-feature release offers clients a never-before-seen level of cybersecurity protection against existing and
Renowned whistleblower and cybersecurity expert, Edward Snowden, will deliver a 45-minute long online talk with a Q&A session during the upcoming Bitcoin Amsterdam Conference. The event will take place in Westergas, Amsterdam on October 12-13, 2023, and will bring together industry leaders, enthusiasts, and experts to discuss the future of
Following a successful fundraising campaign that attracted industry heavyweights like Tim Draper’s Draper Associates, BPMT Trading Ltd, and the Holdun Family Office, blockchain-powered cybersecurity startup Naoris Protocol closed an additional round, bringing the total capital raised to date to $31 million. Both BPMT Trading Ltd and Holdun Family Office have
