Internet Security

Bitcoin price plummets while miner hash rate soars to all-time highs

The overall security of the Bitcoin protocol, or hash rate, hit a new high of 158 exahash per second despite the price being down over 50% year to date…

The overall security of the Bitcoin protocol, or hash rate, hit a new high of 158 exahash per second despite the price being down over 50% year to date…
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Internet Security

How to Tackle Cyberthreats in the Metaverse

The metaverse is a new reality and a platform that brings both opportunities and challenges. Today’s cybersecurity threats are likely to persist in this new era, presenting a multivalent and challenging threat landscape, which will in turn require robust and innovative security solutions. To develop security solutions tailored to threats arising from metaverse ecosystems, organizations…

The metaverse is a new reality and a platform that brings both opportunities and challenges. Today’s cybersecurity threats are likely to persist in this new era, presenting a multivalent and challenging threat landscape, which will in turn require robust and innovative security solutions.

To develop security solutions tailored to threats arising from metaverse ecosystems, organizations must work with their IT leaders, CISOs, and CIOs to continuously develop new security strategies and identify the current threat landscape.

Padraic O’Reilly, co-founder of risk management firm CyberSaint, says the metaverse could be exploited in similar ways that security leaders already see the internet being exploited, but in three dimensions, essentially.

This ranges from spoofing, phishing, and identity fraud to malware, ransomware, social media abuse, and watering hole attacks.

“Consider how many virtual storefronts or experiences could be spun up, how many new form-field entries, how many bad URLs there are,” he says. “Conceivably, if the metaverse is avatar-driven, there might even be a kind of kidnapping in play, or a kind of doppelgänger spawning; stealing identity takes on a whole new meaning, really.”

New Level of Anonymity

Cory Cline, senior cybersecurity consultant at nVisium, an application security provider, points out the metaverse offers a new level of anonymity to individuals interacting with each other.

“This is not a new i

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Internet Security

Ripple CEO Anticipates Answer in SEC Lawsuit Over XRP in the First Half of 2023

Ripple CEO Brad Garlinghouse says he thinks “we’ll have an answer in the first half of next year” in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Maintaining that xrp is not a security, the executive stressed that the case “is about the whole industry” and “Everyone acknowledges how important this is.” Ripple’s…

Ripple CEO Brad Garlinghouse says he thinks “we’ll have an answer in the first half of next year” in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Maintaining that xrp is not a security, the executive stressed that the case “is about the whole industry” and “Everyone acknowledges how important this is.” Ripple’s [……
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Internet Security

Kim Kardashian Faces Charges From the SEC Over EthereumMax Promotions

Kim Kardashian is facing scrutiny over her EthereumMax promotions. Kim has been charged by the Securities and Exchange Commission for promoting a crypto asset security issued and sold by EthereumMax on social media without reporting the compensation she got for the promotion. In exchange for dropping the accusations…

Kim Kardashian is facing scrutiny over her EthereumMax promotions. Kim has been charged by the Securities and Exchange Commission for promoting a crypto asset security issued and sold by EthereumMax on social media without reporting the compensation she got for the promotion. In exchange for dropping the accusations…
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Internet Security

CFTC Chairman on US Crypto Regulation: We Have to Rely on 70-Year-Old Case Law to Determine What’s a Security or Commodity

The chairman of the Commodity Futures Trading Commission (CFTC) says his agency and the Securities and Exchange Commission (SEC) “have to rely on 70-year-old case law to determine what’s a security or a commodity.” He stressed that the SEC and CFTC are working together to regulate the crypto space…

The chairman of the Commodity Futures Trading Commission (CFTC) says his agency and the Securities and Exchange Commission (SEC) “have to rely on 70-year-old case law to determine what’s a security or a commodity.” He stressed that the SEC and CFTC are working together to regulate the crypto space…
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