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Pete Recommends – Weekly highlights on cyber security issues, June 7, 2025
Five highlights from this week: #Deepfake Scams Are Distorting Reality Itself; Why does Amazon use palm scanners at Whole Foods and doctors’ offices? Crypto news: Why shocking and violent “ #wrenchattacks ” are going to get worse; Privacy Alarm: Meta Caught De-Anonymizing Android Web Activity; and When the #FBI Has a Phone It Can't Crack, It Calls These Israeli Hackers.
Posted in: AI, Big Data, Cryptocurrency, Cybercrime, Cybersecurity, Financial System, Government Resources, Privacy, Shopping, Social Media, Technology Trends
https://www.llrx.com/2025/06/pete-recommends-weekly-highlights-on-cyber-security-issues-june-7-2025/
The headline-grabbing tale of an Italian man who said he was kidnapped and tortured for weeks inside an upscale Manhattan townhouse by captors seeking his bitcoin highlights a dark corner of the cryptocurrency world: the threat of violence by thieves s...
Investigating Wrench Attacks: Physical Attacks Targeting Cryptocurrency Users [pdf]
#HackerNews #WrenchAttacks #CryptocurrencySecurity #PhysicalAttacks #Cybersecurity #ResearchPDF
"The screams echoed down the narrow street in a trendy neighborhood here early Tuesday morning: “Help! Help! Help!”
Three men in black masks had jumped on a 34-year-old woman whose father runs Paymium, a French cryptocurrency exchange. Brandishing canisters of mace and what looked like a gun, the masked men attempted to force the woman and her toddler into an idling white van disguised as a delivery truck.
But her husband threw himself between his family and the attackers, while a neighbor hustled away their child. “Let go of me!” the woman yelled as the assailants bludgeoned the husband, his head seen spattered with blood in videos taken from nearby buildings.
With other neighbors closing in, and a shopkeeper readying to throw a fire extinguisher, the would-be abductors jumped in the back of their van and sped off.
The brazen attack was the latest in a wave of violent abductions around the world, including several in the U.S., targeting crypto executives and their families. Victims have been pistol whipped, abducted, and—in two cases—had fingers severed.
The criminals’ goal: millions of dollars in ransom in cryptocurrency.
The assaults are often called “wrench attacks” because they rely on simple tools for inflicting pain to coerce victims, rather than sophisticated tools for hacking them."
https://www.wsj.com/finance/currencies/crypto-industry-robberies-attacks-32c2867a?st=RkjD6s
#CyberCrime #Crypto #Cryptocurrencies #Crime #Bitcoin #WrenchAttacks
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