theft

Federal prosecutors have brought charges against seven men in what is now regarded as the largest jewelry theft in American history. What Happened: The group allegedly stole $100 million worth of gems and watches from a Brinks armored truck in California in 2022, NBC reports. According to the U.S...

This week, federal prosecutors announced the arrest of two individuals accused of stealing $230 million in cryptocurrency. The stolen funds were allegedly used to finance a lavish lifestyle. What Happened: Malone Lam, 20, and Jeandiel Serrano, 21, are believed to have stolen the cryptocurrency from...

Web3 wallet company MetaMask teamed up with security firm Blockaid to launch native security alerts within its browser extension, making it one of the first self-custody Web3 wallets to include integrated security alerts. Also Read: Top Of The Crypto Pack: MetaMask Leads Crypto Wallets In...

The rise of online shopping and home delivery has led to an uptick in the awful trend known as porch piracy, or package theft. In many communities across the world, thieves take advantage of the convenience of doorstep delivery, making off with packages that don't belong to them. The impact of...

Two of America's largest car insurers, State Farm and Progressive Corp (NYSE: PGR), are refusing to cover select models of a pair of South Korean automakers in certain U.S. cities. The reason is that they're too easy to steal. According to data from the Highway Loss Data...

The Horizon bridge enabling the transfer of crypto assets between the Harmony (CRYPTO: ONE) and Ethereum (CRYPTO: ETH) blockchains has been hacked and $100 million worth of assets were stolen. What Happened: Harmony's official Twitter Inc. (NYSE: TWTR)...

According to a report from London-based firm Elliptic, about $10.5 billion worth of user funds has been stolen in cases of fraud and theft on DeFi products.  DeFi platforms have become increasingly popular in recent years, but the platforms are not regulated. The "total value locked...

Another DeFi hack has resulted in the loss of $12.7 million worth of Bitcoin (CRYPTO: BTC) from a cross-chain DeFi protocol. What Happened: Earlier today, pNetwork (CRYPTO: PNT) reported that a hacker exploited a bug in the protocol’s codebase and made off with 277 pBTC (tokenized Bitcoin)...

Image Sourced from Pixabay  

A recent cargo theft report suggests that transportation companies are particularly vulnerable to "insider threats." In other words, companies may not be doing enough to secure their cargo from their own employees.  The report, "BSI and TT Club Cargo Theft Annual Report 2018," evaluates cargo...