Hacker dubbed ‘Mr White Hat’ to return entire stolen crypto fortune

Hacker dubbed ‘Mr White Hat’ to return entire stolen crypto fortune

A firm specialising in transferring cryptocurrency said Thursday that a hacker they are calling “Mr White Hat” was giving back all $613 million in digital loot from a record haul. Poly Network had put out word previously that nearly half of the digital assets swiped early this week had been returned. “As our communication with…

Hackers return most of US$600m in stolen crypto to Poly Network – Security

Hackers return most of US$600m in stolen crypto to Poly Network – Security

Hackers behind one of the biggest ever digital coin heists have now returned nearly all of the US$610 million-plus they stole, Poly Network, the cryptocurrency platform targeted earlier this week by the attack, said on Thursday. The platform, which was little known before Tuesday’s heist, declared the hacker on Twitter as a “white hat,” referring…

Over half of crypto tokens stolen in US$610 million hack now returned, Poly Network says

Over half of crypto tokens stolen in US$610 million hack now returned, Poly Network says

LONDON : Hackers behind one of the biggest ever digital coin heists have now returned over half of the US$610 million-plus they stole, the cryptocurrency platform targeted by the hack said on Thursday. Poly Network, a platform that facilitates peer-to-peer transactions, said on Twitter https://twitter.com/PolyNetwork2/status/1425733950614360064 that, as of 0818 GMT, hackers had returned US$342 million…

Ransomware group demanding US$50M in Accenture security breach: cyber firm – Security

Ransomware group demanding US$50M in Accenture security breach: cyber firm – Security

The hacker group behind a ransomware attack on global solution provider giant Accenture has made a ransom demand for US$50 million, according to a cybersecurity firm that reports seeing the demand. The threat actor is demanding the US$50 million in exchange for more than 6 TB of data, according to a tweet from Cyble, a…

Scripps Health Reports Financial Toll of Ransomware Attack

Scripps Health Reports Financial Toll of Ransomware Attack

Critical Infrastructure Security , Cybercrime , Cybercrime as-a-service Costs So Far Total Nearly $113 Million, Including $91.6 Million in Lost Revenue Marianne Kolbasuk McGee (HealthInfoSec) • August 13, 2021     Scripps Health reports that a recent ransomware incident has already cost the entity nearly $113 million The recent ransomware attack that disrupted Scripps Health’s…

Ukrainian Police Shutter Allegedly Illegal Crypto Exchanges

Ukrainian Police Shutter Allegedly Illegal Crypto Exchanges

Blockchain & Cryptocurrency , Cryptocurrency Fraud , Cybercrime Authorities Say Exchanges Allegedly Facilitate Money Laundering Prajeet Nair (@prajeetspeaks) • August 14, 2021     U.S. dollars and other currency seized by Ukranian police this week from an alleged illegal cryptocurrency exchange (Source: Security Service of Ukraine) Ukrainian police this week shuttered a series of allegedly…

Poly Network Hacker Reportedly Returns Most Of Stolen Funds

Poly Network Hacker Reportedly Returns Most Of Stolen Funds

Blockchain & Cryptocurrency , Cryptocurrency Fraud , Cybercrime Security Experts Point Out Vulnerability in Smart Contract System Dan Gunderman (dangun127) • August 13, 2021     (Photo: Executium via Unsplash) The hacker behind the $612 million breach of the blockchain-based Poly Network system has reportedly returned all stolen assets, though $238 million remains locked in…

Crypto platform Poly Network rewards hacker who stole $610 million with $500,000 bug bounty

Crypto platform Poly Network rewards hacker who stole $610 million with $500,000 bug bounty

Crypto platform Poly Network THANKS ‘ethical’ hacker who stole $610million and rewards him with $500,000 ‘bug bounty’ after most of the funds were returned Nearly all of the stolen $610 million in crypto has been returned to Poly Network Hacker claims the breach was for ‘fun’ and to point out a vulnerability Company is calling…