• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Major Cyberattack Leads to a $1.46 Billion Loss

user avatar

by Giorgi Kostiuk

4 months ago


Cyberattacks are becoming more frequent in the financial sector, affecting a global exchange with a $1.46 billion loss. This event underscores the need to strengthen security measures.

Rising Cyber Threats in the Financial Sector

Historic research shows hackers exploited vulnerabilities in cold wallet systems, indicating that financial institutions should immediately enhance their cybersecurity defenses.

ATFX's Approach to Cybersecurity

Leading CFD broker ATFX actively protects user funds with state-of-the-art security systems and enhanced authentication procedures. They offer account registration using facial recognition technology to safeguard against unauthorized access. The partnership with Zodia Custody strengthens asset protection through advanced security mechanisms and compliance with strict international standards.

Innovating for a Secure Future

Security investments must remain a priority for fintech growth as they build client faith and loyalty. ATFX continues to innovate in developing top-tier cybersecurity systems for smooth market operations.

The threat of cyberattacks is on the rise, making it imperative for financial institutions to bolster cybersecurity measures. ATFX's example shows how comprehensive security approaches can effectively safeguard client assets.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Arrest of Ketamelon: Major Drug Cartel Used Monero for Laundering

chest

Indian authorities arrested Edison, known as Ketamelon, in connection with a major dark web drug syndicate.

user avatarGiorgi Kostiuk

Olaxbt and Amber Group: Investments in AI Trading

chest

Olaxbt raises $3.38M from Amber Group for AI trading platform development, with no token launch implications announced.

user avatarGiorgi Kostiuk

Ethereum: Reliability and Stability for Institutions

chest

Vitalik Buterin highlights that Ethereum's reliability attracts institutional investors.

user avatarGiorgi Kostiuk

Overview of Most Popular Cryptocurrencies: BlockDAG, Toncoin, Hedera, and Litecoin

chest

This week, the focus is on cryptocurrencies with real applications and strong technologies. Overview of four key assets.

user avatarGiorgi Kostiuk

80,000 BTC Migration by Ancient Whale: What It Means for Bitcoin Market?

chest

The migration of 80,000 BTC by an ancient whale raises concerns, yet no signs of market selling pressure are observed.

user avatarGiorgi Kostiuk

Ethereum Forecast: Expectations of Reaching $6,000 by End of 2025

chest

Ethereum may reach $6,000 by the end of 2025 due to institutional investments and the expansion of DeFi.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.