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News Round-up |July – Cyber Security

News Round-up |July – Cyber Security

Jeweler pays $7.5m ransom in Bitcoin

According to a London lawsuit, a Russian hacking gang demanded $7.5 million in Bitcoin from a luxury British jewelry company called Graff Diamonds Corp. after the group’s high-profile clients’ data was exposed.

Apple launches Lockdown Mode to protect at-risk users

All of the company’s iPhones, iPads, and Macs will support Lockdown Mode starting in the fall with the release of the newest operating system. The option restricts calls from unidentified users and inhibits certain functions. It follows the spyware infection of Apple devices used by journalists, lawmakers, and activists.

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Web3 Blockchain projects lost more than $2b to cyber crime

In the first half of this year, blockchain initiatives related to Web3.0 suffered losses of more than $2 billion due to hackers and attacks, according to a recent analysis.

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