Cryptocurrency platforms have been receiving a lot of attention in 2017 due to the value spikes in Bitcoin, Litecoin, Etherium, etc. Coincidentally, it seems whenever there is a massive data breach, hackers are looking to get paid in bitcoin or another cryptocurrency.
IBTimes recently published a story regarding a hack on a cryptocurrency platform called CoinPouch, in which hackers targeted Verge and stole $655,000 from the CoinPouch cryptocurrency wallet. However, while CoinPouch blamed the hack on the Verge node, the firm set up to handle Verge transactions for its users, Verge maintains that CoinPouch was hacked because the app “wasn’t secured properly on their side”.
With this being said, Evolve MGA understands the importance of cyber protection regardless of the industry or the size of your business, every business needs to put a cyber policy in place in order to stay protected against hackers and IT incidents. Be PROACTIVE, not REACTIVE!
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