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Suspected 'Big Bitcoin Heist' Mastermind Fled to Sweden On Icelandic PM's Plane

Suspected 'Big Bitcoin Heist' Mastermind Fled to Sweden On Icelandic PM's Plane

Apr 18, 2018
Remember the " Big bitcoin heist " we reported last month when a group of thieves stole around 600 powerful bitcoin mining devices from Icelandic data centers? Icelandic Police had arrested 11 suspects as part of the investigation, one of which has escaped from prison and fled to Sweden on a passenger plane reportedly also carrying the Icelandic prime minister Katrin Jakobsdottir. Sindri Thor Stefansson , who is suspected of masterminding the whole theft of almost $2 million worth of cryptocurrency-mining equipment, traveled under a passport of someone else but identified through surveillance footage. Stefansson had recently been transferred to a low-security Sogn prison, located in rural southern Iceland (just 59 miles away from Iceland's international airport in Keflavik), from where he escaped through a window early Tuesday and boarded the flight to Sweden. Prime minister Jakobsdottir was on her way to Sweden to take part in India-Nordic Summit and meet Indi...
FBI is Investigating Theft of $1.3 Million in Bitcoin from a Massachusetts Man

FBI is Investigating Theft of $1.3 Million in Bitcoin from a Massachusetts Man

Oct 15, 2016
Over two months ago, the world's third largest Bitcoin Exchange Bitfinex lost around $72 Million worth of Bitcoins in a major hack. Shortly after the company encountered a $72,000,000 Bitcoin theft, an unnamed Bitfinex user from Cambridge, Massachusetts, filed a police report in September, alleging that $1.3 Million of funds were stolen from his account. Since then the Cambridge police have handed the case over to the FBI, which is working with the Bitcoin exchange as well as European authorities to recover funds stolen from the Bitfinex user, Coindesk reports . The individual claimed that he held $3.4 Million in Bitcoin in his personal wallet hosted by the Bitfinex Bitcoin exchange. But following the August's Bitfinex breach, he was left with $2.1 Million in his account. Bitfinex then notified the individual of his initial loss of approximately $1.3 Million in Bitcoin, but after the company issued IOU tokens as an emergency measure to keep the exchange operating, the l...
Want to Grow Vulnerability Management into Exposure Management? Start Here!

Want to Grow Vulnerability Management into Exposure Management? Start Here!

Dec 05, 2024Attack Surface / Exposure Management
Vulnerability Management (VM) has long been a cornerstone of organizational cybersecurity. Nearly as old as the discipline of cybersecurity itself, it aims to help organizations identify and address potential security issues before they become serious problems. Yet, in recent years, the limitations of this approach have become increasingly evident.  At its core, Vulnerability Management processes remain essential for identifying and addressing weaknesses. But as time marches on and attack avenues evolve, this approach is beginning to show its age. In a recent report, How to Grow Vulnerability Management into Exposure Management (Gartner, How to Grow Vulnerability Management Into Exposure Management, 8 November 2024, Mitchell Schneider Et Al.), we believe Gartner® addresses this point precisely and demonstrates how organizations can – and must – shift from a vulnerability-centric strategy to a broader Exposure Management (EM) framework. We feel it's more than a worthwhile read an...
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