A surge in violent attacks on crypto holders is driving insurers to develop kidnap and ransom policies tailored for digital asset investors.
Tag: Hacks
BitMEX Exposes Operational Security Lapses in Lazarus Group
BitMEX’s security team uncovered critical operational security failures within the North Korean Lazarus Group, potentially revealing key information about the hacking collective.
Crypto Hack Losses Plummet 40% in May, but $244M Still Targeted: PeckShield Report
A new report from PeckShield reveals a significant drop in crypto hack losses in May, although a substantial $244.1 million was still stolen. We delve into the details and what it means for the market.
France Charges 25 in Crypto Kidnapping Spree: What It Means for Security
French authorities have charged 25 individuals in connection with a series of kidnappings and attempted abductions targeting crypto figures, highlighting growing security concerns within the industry.
Crypto Kidnap & Ransom Insurance: Why Insurers are Rushing to Offer Protection
Growing concerns over violent attacks targeting cryptocurrency holders are pushing insurance companies to develop specialized kidnap and ransom (K&R) policies for the crypto community.