Post
Topic
Board Bitcoin Discussion
Re: Cyber attacks are good for Bitcoin
by
Cryptoreflector_666
on 03/11/2018, 08:49:22 UTC
The personal data of 9.4m Cathay Pacific passengers has been stolen in a cyber attack on the Hong Kong airline.

https://www.telegraph.co.uk/technology/2018/10/24/cathay-pacific-says-data-94-million-passengers-stolen-hack/

Quote
Ryan Wilk, vice president at NuData Security said “Data in the wrong hands – especially payment card information – can have a huge impact on customers, far beyond the unauthorised use of their cards.”

“Payment card information, combined with other user data from other breaches and social media, builds a complete profile. In the hands of fraudsters and criminal organisations, these valuable identity sets are usually sold to other cybercriminals and used for myriad criminal activities.”

Maybe instances such as this will wake people up to the tangible benefits of using Bitcoin, blockchain and cryptocurrency-not being as vulnerable in an age of unbeknownst vulnerability.
The case is very revealing. I don't know about the others, but cybersecurity is exactly what I noticed in the first place. It's a shame when long works fly to the trash, when another fraudster drains your precious coins just because you blunted and lit up somewhere your private key. Be careful, use cold wallets and don't be scammers.