Tag: Cyber-crime

  • How a Weak Password Took Down a 158-Year-Old British Company

    How a Weak Password Took Down a 158-Year-Old British Company

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    One password is believed to have been all it took for a ransomware gang to destroy a 158-year-old company and put 700 people out of work. KNP – a Northamptonshire transport company – is just one of tens of thousands of UK businesses that have been hit by such attacks. Big names such as M&S,…

  • North Korean hackers cash out $300m from $1.5bn ByBit hack

    North Korean hackers cash out $300m from $1.5bn ByBit hack

    Hackers thought to be working for the North Korean regime have successfully converted at least $300m (£232m) of their record-breaking $1.5bn crypto heist to unrecoverable funds. The criminals, known as Lazarus Group, swiped the huge haul of digital tokens in a hack on crypto exchange ByBit two weeks ago. Since then, it’s been a cat-and-mouse…