Indian man stole $37 million in crypto using fake Coinbase Pro site
An Indian national pleaded guilty to wire fraud conspiracy for stealing over $37 million through a fake Coinbase website used to steal credentials. [...]
Theft in cybersecurity covers stolen data, credentials, devices, and funds, often creating risks of unauthorized access, fraud, and privacy loss.
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Background for this topic.
Unauthorized taking or copying of information, credentials, intellectual property, or digital assets is cyber theft. News under this tag may involve stolen passwords, payment data, personal information, source code, cloud tokens, cryptocurrency, or sensitive business files. Theft can result from phishing, malware, compromised accounts, insider access, exposed storage, or the loss of an unencrypted device; the relevant issue is the unauthorized acquisition or control of an asset, whether or not the attacker also alters systems.
Security teams should identify where valuable data and credentials are stored, restrict access by role, require strong authentication, encrypt data at rest and in transit, and monitor unusual downloads or transfers. Vulnerability management matters when flaws expose databases, endpoints, or cloud services to unauthorized retrieval. After suspected theft, preserving logs, revoking tokens and credentials, determining what was accessed or copied, and assessing privacy or notification obligations are central to containing the incident and measuring its impact.
An Indian national pleaded guilty to wire fraud conspiracy for stealing over $37 million through a fake Coinbase website used to steal credentials. [...]
Microsoft has published a "Cyber Signals" report sharing new information about the hacking group Storm-0539 and a sharp rise in gift card theft as we approach the Memorial Day holiday in the United States. [...]
Microsoft's announcement of the new AI-powered Windows 11 Recall feature has sparked a lot of concern, with many thinking that it has created massive privacy risks and a new attack vector that threat actors can exploit to steal data. [...]
Today, the LockBit ransomware gang claimed they were behind the April cyberattack on Canadian pharmacy chain London Drugs and is now threatening to publish stolen data online after allegedly failed negotiations. [...]