iot - The Sociable

How healthcare is vulnerable to cyber attacks, assassinations & geopolitical agendas

7.76K

Assassination by hacking medical devices, fomenting geopolitical instability by sabotaging infrastructure and stealing research, and holding patient data for ransomware...

Business Technology

Future-proofing for Industry 4.0: the role of AI, blockchain, and edge computing

Eric Yang1 year ago

15.7K

The Internet of Things (IoT) continues to grow at an accelerating pace. IoT investment in 2017 through 2022 will reach...

Technology

5G security and energy grid resiliency in natural disasters

Emily Folk1 year ago

4.12K

The fifth generation of telecommunications tech, 5G, is being rolled out across America. The fast and reliable speeds 5G delivers...

Image of optical fibers with binary codes. internet connection with fiber

Mobile Technology Web

Smart bandwidth key to upcoming surge in wireless device connectivity

Pat Rabbitte1 year ago

3.5K

Wireless communication has been a key facilitator of most recent and pending technologies. Smart bandwidth usage is a prerequisite if society...

iot industry 4.0 concept,industrial engineer using software (augmented, virtual reality) in tablet to monitoring machine in real time.Smart factory use Automation robot arm in automotive manufacturing

Technology

IoT isn’t just part of the future of manufacturing; it’s the foundation

Andrew Thomson1 year ago

6.92K

Hardly any industry has been spared of the seismic effect of digital transformation. One of the disruptive innovations with versatile...

Science Technology

How AI, IoT and nanobots can aid parasitic architecture in crowded cities

Navanwita Sachdev2 years ago

6.48K

Aided by AI, the IoT, and nanobots, parasitic architecture presents an unconventional solution to crowded living spaces. What if you...

Internet of things (IOT),light letter text symbol with Global data center,concept abstract background,Vector illustration.

Crypto Column Technology

IOTA set to become the protocol upon which the IoT economy runs

Pat Rabbitte2 years ago

15.5K

IOTA is set to become the standard protocol upon which the IoT economy runs, according to an IOTA Foundation supervisory...

Underground mine tunnel, mining industry

Business Technology

Electric vehicles and IoT revive copper, lithium, and cobalt mining demand

Navanwita Sachdev2 years ago

5.95K

As a company that requires Earth's minerals for its tech, Tesla is voicing concerns over the shortage of battery minerals,...

5g, connectivity, blockchain, smart city

Business Technology

5G and blockchain: a combination for disruption

Pat Rabbitte2 years ago

6.86K

Time and time again, we have seen emerging technologies bring great change and innovation. Two of the emergent technologies of...

Business Technology

Technology alone does not enhance competitiveness: Cornell Prof Soumitra Dutta

Navanwita Sachdev2 years ago

3.61K

"Technology has to be combined with a strong national vision, investments in education, and a supportive business environment to enable...

Business Technology

Who will benefit from IoT disruption in home insurance?

Pat Rabbitte2 years ago

10.8K

The Internet of Things (IoT) has shown much promise to disrupt many industries, but for home insurance, who will benefit...

Business Technology

Senators look to grill Google CEO over undisclosed microphone on Nest

Tim Hinchliffe2 years ago

2.96K

Three US senators call on Google CEO Sundar Pichai to give an in-person briefing concerning a report by Business Insider...

Technology

How we got to 5G and what it means

Navanwita Sachdev2 years ago

3.47K

5G has been heralded with a lot of fanfare for a long time now. Most of 2018 was abuzz with...

Business Technology

Tech business leaders believe in blockchain: KPMG study

Pat Rabbitte2 years ago

7.95K

According to a study carried out by "Big Four" auditing and financial services company KPMG, business leaders in the tech space...

Technology

Southeast Asia is lighting up with smart cities

Navanwita Sachdev2 years ago

8.99K

Southeast Asia is home to some of the fastest growing cities. Governments and organizations in the region are doubling their...

Technology

IoT devices are vulnerable to state-enlisted espionage: Booz Allen report

Tim Hinchliffe2 years ago

5.64K

Booz Allen releases its 2019 Cyber Threat Outlook report highlighting state-enlisted espionage on IoT devices and AI deepfakes, among others,...

Business Technology

IoT EurAsia returns to Istanbul April 9

Tim Hinchliffe2 years ago

5.26K

Focusing on the Internet of Things (IoT) and digitalization, the second edition of IoT EurAsia will take place at the...

Technology

Privacy woes aside, Google Home Hub launches 1 day after Facebook’s Portal

Tim Hinchliffe3 years ago

7.81K

Technology is not evil, nor is it good. It is simply a tool. Facebook Portal is a tool, and now...

Technology

Vibrational waves have power to transform medical, auto, IoT industries: report

Tim Hinchliffe3 years ago

7.82K

Research by a UK-led team of physicists into nano-scale vibrational waves suggests that modern technology related to electricity and heating...

Technology

Digital product development company intive expands its global operation into US

Peter Andringa3 years ago

7.81K

Global digital product development company intive announced today its entrance into the US market. With 17 established offices in Europe...

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Brains Byte Back

The weekly podcast looking at how our brains, psychology, and society are impacted by the ever-evolving technology that surrounds us. Every Tuesday we bring you the best stories and guests from around the world relating to technology, psychology, and society.

In today’s episode of the Brains Byte Back podcast, we will take a look at three separate cybercrime stories, attacks, and events, told by three different cybercrime and crypto experts.

We have seen many bank heists and robberies portrayed in movies and TV shows, and they are often high octane, adrenaline-fueled, and exciting.

But times have changed, and no longer are the most sophisticated and lucrative heists carried out by a crew of heavily armed robbers. Instead, it is cybercriminals behind computer screens that stand to make the most money.

This was proven by The Bangladesh Bank Heist that took place in 2016, when unidentified hackers attempted to steal $951 million from the Bangladesh Central Bank in Dhaka.

Even though a lot of this money was recovered, the thieves still managed to get away with $81 million, and the attempt is considered one of the biggest bank heists of all time.

First on the podcast, we will hear Pamela Clegg, Director of Financial Investigations and Education for CipherTrace, an intelligence company working to eradicate financial crimes and provide prevention strategies in the cryptocurrency and blockchain spaces. Clegg shares a story of how CipherTrace teamed up with McAfee to tackle NetWalker ransomware, a ransomware that has become a franchise within the cybercrime underworld.

Secondly, we are joined by Ondrej Krehel, CEO, and founder of digital forensics firm LIFARS, who has worked with the FBI, DHS, Interpol, and many other government organizations on cyber defense and threat hunting. Krehel joins us to discuss his work with NiceHash, a crypto-mining marketplace, which came to LIFARS for help in response to a $67M crypto hack perpetrated by the North Korean military.

And finally, we are joined by Rytis Bieliauskas, CTO of cryptocurrency payment platform Coingate, to discuss how a DEA agent and a Secret Service agent stole Bitcoins from the Silk Road owner and got caught because of Bitcoin’s traceability.