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$3B Crypto Seizure Shows Blockchain’s Security

Cryptocurrency Fraud
Fraud Management & Cybercrime

Additionally: New EU Report on Spyware and adware; UK Cybersecurity Technical Director Bids Farewell

Clockwise, from top left: Anna Delaney, Akshaya Asokan, Cal Harrison and Tony Morbin

In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity and privacy issues, including implications of the seizure of $3.36 billion in stolen bitcoin in Georgia, whether the EU is complicit in the spread of advanced spyware, and the departure of the U.K.’s Dr. Ian Levy, technical director of NCSC, with some important parting words.

See Also: OnDemand | API Protection – The Strategy of Protecting Your APIs

The panelists – Anna Delaney, director, productions; Akshaya Asokan, guide editor; Cal Harrison, editorial director; and Tony Morbin, govt information editor, EU – talk about:

  • How a Georgia property developer who stole about 50,000 bitcoin from cybercrime darkish web page Silk Street in 2012 pleaded responsible to wire fraud this week – and the way the immutability of blockchain and good previous detective work cracked the case;

  • Highlights from a “farewell weblog put up” penned by U.Ok. Nationwide Cyber Safety Middle and GCHQ veteran Dr. Ian Levy, who’s leaving his position as NCSC technical director;
  • How a member of the European Parliament accused the European Union of complicity in the spread of advanced spyware inside member states and throughout the globe.

The ISMG Editors’ Panel runs weekly. Do not miss our earlier installments, together with the Oct. 21 version discussing what CISOs can be taught from the decision within the trial of the ex-Uber CSO and the Nov. 4 version discussing how the ransomware ecosystem is fracturing.

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