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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

UPDATE: The site is back and working. Blockchain team released a statement via Twitter, which has been added at the end of this article. If you are fascinated with the idea of digital currency, then you might have heard about BlockChain.Info. It's Down! Yes, Blockchain.info, the world's most popular Bitcoin wallet and Block Explorer service, has been down from last few hours, and it's believed that a possible cyber attack has disrupted the site. The site is down at the time of writing, and the web server reports a bad gateway error, with a message on the website that reads: "Looks like our site is down. We're working on it and should be back up soon." With more than 8 million Digital Wallet customers, BlockChain is users' favorite destination to see recent transactions, stats on mined blocks and bitcoin economy charts. A few hours ago, BlockChain team tweeted about the sudden breakdown of the site, saying: "We're researching a DNS

Ambitious Employees Tout New AI Tools, Ignore Serious SaaS Security Risks Like the  SaaS shadow IT  of the past, AI is placing CISOs and cybersecurity teams in a tough but familiar spot.  Employees are covertly using AI  with little regard for established IT and cybersecurity review procedures. Considering  ChatGPT's meteoric rise to 100 million users within 60 days of launch , especially with little sales and marketing fanfare, employee-driven demand for AI tools will only escalate.  As new studies show  some workers boost productivity by 40% using generative AI , the pressure for CISOs and their teams to fast-track AI adoption — and turn a blind eye to unsanctioned AI tool usage — is intensifying.  But succumbing to these pressures can introduce serious SaaS data leakage and breach risks, particularly as employees flock to AI tools developed by small businesses, solopreneurs, and indie developers. AI Security Guide Download AppOmni's CISO Guide to AI Security - Part 1 AI evoke