#1 Middle East & Africa Trusted Cybersecurity News & Magazine |

33 C
Dubai
Thursday, September 11, 2025
HomeIndustries

Industries

spot_imgspot_imgspot_imgspot_img

GMX Suffers Massive $42M DeFi Hack: A Critical Wake‑Up Call for Decentralized Exchanges

On 9 July 2025, the decentralized perpetual exchange GMX-operating on Arbitrum V1-was robbed of approximately $42 million in crypto assets from its GLP liquidity pool,...

Fake News for Real Scams: Inside the Global Threat of Baiting News Sites and Crypto Investment Fraud

In July 2025, Bahrain-based cybersecurity firm CTM360 released a bombshell report exposing the alarming global rise of Baiting News Sites (BNS) fraudulent news platforms...

How a $2.7K Bribe Enabled a $140 Million PIX Theft from Brazilian Banks

In a dramatic cyber heist on 30 June 2025, hackers paid just R$15,000 (~$2,760) for insider credentials at C&M Software then orchestrated Brazil's largest digital banking...

ALERT: FBI Warns Scattered Spider Is Now Targeting Airlines with Social Engineering Attacks

What happened, why it matters, why now:The FBI has issued a rare airline-sector alert after observing the cybercriminal group Scattered Spider pivoting to target...

Cybercriminals Weaponized Open-Source Tools in Sustained Campaign Against Africa’s Financial Sector

Since mid-2023, a cybercriminal cluster dubbed CL‑CRI‑1014 has been targeting financial institutions across Africa using open-source tools like PoshC2 and Classroom Spy exploiting them...

Walmart to Pay $10 Million After FTC Says Scammers Used Its In‑Store Money Transfers

Walmart has agreed to a $10 million settlement with the U.S. Federal Trade Commission (FTC) after allowing scammers to exploit its in-store money transfer...

Hype Alert: “Largest Data Breach” of 16 B Credentials Is Just Recycled Data

A sensational 16 billion‑credential leak circulating in underground forums has been called “the largest data breach in history.” However, cybersecurity researchers confirm it’s not a...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Must read

spot_imgspot_imgspot_imgspot_img