cybersecurity

Commvault Hack: Is Your Company's Backup a Ransomware Magnet?

Commvault Hack: Is Your Company's Backup a Ransomware Magnet?

Imagine this. Sarah, the owner of a thriving e-commerce business, walks into her office Monday morning, coffee in hand, ready to tackle the week. Instead, she’s met by a terrifying ransom note on every screen. Her company’s whole system, all her customer data, all her financial records—all of it—is locked....
Commvault's Fatal Flaw: Why Enterprise Data Security is a House of Cards

Commvault's Fatal Flaw: Why Enterprise Data Security is a House of Cards

We’ve heard for decades that implementing enterprise-grade backup solutions are the foundation of data security. Commvault, a name synonymous with that promise, serves as a stark reminder: Complexity doesn't equal security. In actuality, it can foster a dangerous false sense of security—and that’s just what threat actors are hoping for.Security...
KiloEx Hacker Returns Funds But Who Really Pays The Price?

KiloEx Hacker Returns Funds But Who Really Pays The Price?

Sarah, a single mom, suddenly finds herself spending hours researching DeFi platforms. She’s duly encouraged by the prospect of earning better yields than her old savings account. She plows all of her life savings into KiloEx. She wants to create a nest egg for her daughter to help pay for...
Crypto Crime Wave: $9.3B Lost! How to Protect Yourself Now

Crypto Crime Wave: $9.3B Lost! How to Protect Yourself Now

Cryptocurrency is a brave new world full of innovative opportunities, but it’s a magnet for scammers hoping to take advantage of naive investors. According to recent reports, a staggering $9.3 billion was lost to crypto scams, highlighting the urgent need for vigilance and proactive security measures. MetaBlock X’s mission is...
KiloEx Hack: $7.5M Recovered & Users Compensated – What Happened?

KiloEx Hack: $7.5M Recovered & Users Compensated – What Happened?

The rapidly changing decentralized finance (DeFi) landscape provides dynamic new opportunities, but has created severe new security hazards. Just last week, KiloEx, a major DeFi platform, suffered a $7.5 million exploit that forced it to cease operations for a short period of time. This unfortunate event reflects the crypto sector’s...
Zoom Hacked! Crypto Pros Targeted in 'Elusive Comet' Attack

Zoom Hacked! Crypto Pros Targeted in 'Elusive Comet' Attack

In the fast-paced world of cryptocurrency, staying ahead means not only understanding market trends but safeguarding against increasingly sophisticated cyber threats. MetaBlock X is committed to providing you a strategic advantage. That will prepare you to make sense of the convoluted landscape to come with assurance and aplomb. Recent reports...
Zoom-Based Crypto Heist: "Elusive Comet" Targets Digital Asset Pros

Zoom-Based Crypto Heist: "Elusive Comet" Targets Digital Asset Pros

A new cybercrime campaign dubbed “Elusive Comet” is gaining speed. In particular, it’s aimed at professionals working in the growing cryptocurrency space, with Zoom being the cybercriminals’ primary attack vector. The campaign has to date inflicted more than 9 billion dollars in financial damages on its victims. This case sheds...
The Rise of AI-Powered Scams: A Deep Dive into Modern Fraud Tactics

The Rise of AI-Powered Scams: A Deep Dive into Modern Fraud Tactics

Bad actors are using artificial intelligence (AI) to make their scams bigger, smarter, and harder to detect. These scams include cryptocurrency scams, blackmail, and tech support fraud, robbing victims of billions of dollars each year. These criminals are always one step ahead and changing tactics. This rapid evolution is leaving...
Zoom Crypto Theft: Are YOU Next? 5 Ways to Protect Yourself

Zoom Crypto Theft: Are YOU Next? 5 Ways to Protect Yourself

Now imagine doing that watching your life savings disappear within minutes. Well, that’s precisely what happened to Jake Gallen, CEO of Emblem Vault. His campaign “Elusive Comet” cost him more than $100,000 in digital assets due to the nature of the hack. This sophisticated attack normalized the exploitation of something...
Zoom Crypto Heist: 3 Reasons Why Regulations Are Failing Us

Zoom Crypto Heist: 3 Reasons Why Regulations Are Failing Us

Shortcomings in the “Elusive Comet” attack should serve as a wake-up call. Someone lost $100,000. One hundred thousand dollars! Gone because of a Zoom exploit. We should have a serious discussion about why our existing crypto regulations have not only failed consumers, but you and I. It’s not only the...