This past June, I attended the 2019 Bitcoin Conference in San Francisco, CA. With the various discussions on Bitcoin, Cryptocurrency, and with the chance to hang out with my favorite Crypto personalities, it was easy to lose myself in all the festivities. While taking a break, I found a seat and decided to charge my iPhone. The station by where I was seated was a wooden cube with two standard wall sockets and two USB ports.

Binance, one of the world’s largest cryptocurrency exchanges, has revealed that it is being blackmailed to the tune of 300 Bitcoin (approximately US $3.5 million) by someone who is threatening to release some 10,000 sensitive photographs of its customers. And in an attempt to identify its blackmailer, Binance has put a 25 Bitcoin (approximately US $290,000) bounty on their head.

Organizations of all sizes have made considerable shifts to using cloud-based infrastructure for their day-to-day business operations. However, cloud security hasn't always kept up with cloud adoption, and that leaves security gaps that hackers are more than happy to take advantage of.