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It only took organized cybercriminals about 20 minutes to steal $6.3 billion worth of cryptocurrency tokens from Binance, one of the largest online exchanges, due to a sophisticated coordinated attack.
These types of attacks will absolutely continue, and become even more dangerous as AI tools are woven into the attack tools for greater capabilities. It is time for financial institutions and investors to once again elevate their cybersecurity practices, policies, controls, and re-evaluate the security of vendors, suppliers, and partners.
The pressure for these types of attacks is constant and rising. We all must strengthen our defenses, increase our resilience, and be prepared to deal with more sophisticated attacks. This type of attack will happen again. The difference between those who survive and those who perish, will be what we do now to prepare.
2026 Cybersecurity Predictions: https://matthewrosenquist.substack.com/p/top-10-cybersecurity-predictions
#cryptocurrency #cybersecurity #binance
These types of attacks will absolutely continue, and become even more dangerous as AI tools are woven into the attack tools for greater capabilities. It is time for financial institutions and investors to once again elevate their cybersecurity practices, policies, controls, and re-evaluate the security of vendors, suppliers, and partners.
The pressure for these types of attacks is constant and rising. We all must strengthen our defenses, increase our resilience, and be prepared to deal with more sophisticated attacks. This type of attack will happen again. The difference between those who survive and those who perish, will be what we do now to prepare.
2026 Cybersecurity Predictions: https://matthewrosenquist.substack.com/p/top-10-cybersecurity-predictions
#cryptocurrency #cybersecurity #binance
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💻 The Password Rule
Bank security: 'Your password must be 18 characters with 3 hieroglyphs.' Meanwhile, the internal admin panel password is 'admin2024!'. 🔑
#coders #cybersecurity #security #passwords #tech
Bank security: 'Your password must be 18 characters with 3 hieroglyphs.' Meanwhile, the internal admin panel password is 'admin2024!'. 🔑
#coders #cybersecurity #security #passwords #tech
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A stronger password starts with length and uniqueness. 🔐
Use a long, unique passphrase, store it securely, and enable multifactor authentication or passkeys where available. Start with your email account because it often connects to password recovery elsewhere.
Save this and review your email security today.
https://www.youtube.com/shorts/l-tgDmpWwhU
#PasswordSecurity #CyberSecurity #OnlineSafety #DigitalPrivacy #SourceLess
Use a long, unique passphrase, store it securely, and enable multifactor authentication or passkeys where available. Start with your email account because it often connects to password recovery elsewhere.
Save this and review your email security today.
https://www.youtube.com/shorts/l-tgDmpWwhU
#PasswordSecurity #CyberSecurity #OnlineSafety #DigitalPrivacy #SourceLess