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Financial firms cyberattacks squeeze $10M in bitcoin via fake IT calls

The Cryptonomist·August 7, 2026·1 min read
Financial firms cyberattacks squeeze $10M in bitcoin via fake IT calls

A Google security report reveals a wave of cyberattacks on major US private equity and investment firms. Hackers use fake IT support phone calls to steal funds, including $10 million in bitcoin. The social-engineering threat is described as one of the most costly facing Wall Street, targeting financial firms through old-fashioned phone calls.

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