heist Archives - Like the Future

Security

Hackers steal $63.7 million from Bitcoin exchange

Hackers steal $63.7 million from Bitcoin exchange A Hong Kong-based Bitcoin exchange has suspended all transactions after hackers stole a significant sum of the cryptocurrency. Bloomberg is reporting that 119,756 BTC, currently valued at $63.7 million, has been taken from Bitfinex. The news has helped to contribute to a drop Read more…

By Like the Future, 3 years3 years ago

Business

Bank’s dodgy cost-cutting led to $80 million hack

Earlier this month, hackers attempting to steal $850 million fromBangladesh Bank managed to only get away with $80 million. After an investigation into the breach, authorities determined that the culprits gained access thanks to $10 second-hand switches used to network the bank’s computers and the lack of a proper firewall. Read more…

By Like the Future, 3 years ago