Smashing Security History's biggest heist just happened, and online abuse
20 snips
Feb 26, 2025 An astonishing $1.5 billion was compromised in a recent cryptocurrency exchange hack, raising alarms over digital security. The discussion also covers the chilling reality of online abuse affecting women and girls, with calls for stronger regulations. Historical heists are compared to modern cybercrimes, emphasizing the evolving nature of theft. Amidst serious topics, there's a light-hearted look at pop culture, including sitcoms and quirky TV shows, making for an engaging blend of humor and cybersecurity insights.
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Historic Heists
- In 1963, the Great Train Robbery saw £2.6 million stolen (equivalent to £57 million today).
- Later heists like the Knightsbridge Security Deposit robbery (£60 million) and the Antwerp diamond heist ($100 million) dwarfed this amount.
Biggest Heist Ever
- A recent cryptocurrency exchange hack resulted in a $1.5 billion loss, surpassing all previous heists.
- This marks the largest theft of any kind in history.
Hot vs. Cold Wallets
- Cryptocurrency exchanges use hot wallets for easy access and cold wallets for secure, offline storage.
- Hot wallets are more vulnerable to hacking due to internet connectivity.