Cyberattacks are no longer just a technical issue; they represent a global strategic, economic, and social challenge, reshaping the agenda in the business and legal worlds. The damage caused by these attacks, estimated in trillions of dollars annually, compels companies to adopt new risk management standards.
The case of Ilya Lichtenstein, which culminated in a court ruling this month, is one of the most prominent examples of cybercrime, symbolizing the severity of these threats in the digital age. Lichtenstein, a Russian American hacker, successfully breached Bitfinex’s trading system in 2016 and stole 120,000 bitcoins—valued today at over $10 billion. Together with his wife, the couple carried out a complex operation to launder the funds using thousands of digital wallets and cryptocurrency trading platforms. The case highlights how easily massive crimes can be committed using only a computer, presenting a significant challenge for global cybersecurity systems.
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Pearl Cohen’s lan Gerzi and Sahar Ezer
(Photo: Niki Westfel/Pearl Cohen)
The cyber threat has become a global phenomenon that threatens countries, organizations, corporations, and individuals alike. The…
