Global co-operation brings down a giant cyber-criminal website selling stolen login credentials

image from Europol

As you can see from the image above this was a worldwide effort, including the National Crime Agency and Europol, to close the doors on RaidForums, a resource that cyber criminals used to buy and sell stolen information. Unusually this site was on the internet – you and I could …

Ronin Network bailed out – FOLLOW UP

Last month we covered the $625m theft from Ronin, using a web3/smart contract, exploit against the decentralised finance service (DeFi). Now the company (and it’s clients) have been bailed out by cash investment by cryptocurrency giant Binance. Ronin Network bailed out by crypto giant Binance after hack – BBC News

The blockchain is not the end of the security process – UPDATED

This post was originally made on 30 March 2022 web3 (with a lowercase “w” of course) and its use of blockchain for better cybersecurity seems like a good idea. However here is another “profitable” cyber-attack on the technology – exploiting the processes to get into the secure systems. Ethereum sidechain …