2017-More Than $200m in Cryptocurrency Stolen, Hacked or Locked Up

July 2017- The Parity Hack

  1. The first allowed them to take individual control over the contract (disabling the need for multiple key signatures).
  2. The second to move the assets to their personal address.

November 2017- Tether Loses $30m to Hackers

Cold Storage- The Ultimate Solution to Cyber Attacks

  • Stolen usernames and password resets, granted by gaining access to your email accounts.
  • Access gained to your private keys. This can be through physical theft of devices, or unwanted access via your email, phishing scams and/or viruses, which locate them if stored on an online device.
  • Poor security provided by third parties, (as with the NiceHash Hack mentioned above).
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