Hackers have stolen over a billion dollars from cryptocurrency exchanges in the past few years. They have used increasingly sophisticated social engineering attacks to gain access. Cryptocurrency businesses continue to be vulnerable as hackers target more and more cryptocurrencies for theft, not just Bitcoin.
Singapore-based cryptocurrency exchange DragonEx suffered a multi-currency hack on March 23rd, 2019. Their immediate steps after the attack demonstrate best practices for any organization dealing with a hack.
In this webinar, we show:
- How the DragonEx multi-currency funds hack were stolen
- What to do when you find out your organization has been hacked
- How stolen funds are traced across the blockchain to “cash-out” points
- How you can block stolen funds at your organization