Kitco cyber attack

Kitco Cyber Attack Exposes The Fragility Of Our Financial Future

EDITOR'S NOTES

Kitco’s recent shutdown due to a cyber attack is a stark reminder of the fragility of our digital financial systems. It’s alarming how easily vital financial information and services can be compromised, exposing the severe risks associated with digital money. This incident is a wake-up call to the dangers lurking in our over-reliance on digital platforms for critical financial operations (especially when it comes to your personal data and your digitized money).

Kitco News appears to be undergoing a long-running security incident, with the website having now been down for multiple days.

When attending the website, which is known for news in the metals industry, viewers are presented with a note that its services and online store are temporarily unavailable.

“Our website is currently experiencing a disruption due to a cyber security incident. Our team is actively working to resolve this issue as quickly as possible. We are committed to ensuring the security and integrity of our services and apologize for any inconvenience this may cause,” reads the website, with the company further indicating it has temporarily suspended the website services as a precautionary measure without providing clarity on what specifically the incident impacted.

The firms social media channels meanwhile have not addressed the incident, with the company last posting on X on December 16.

Source: X

Originally published by: Jay Lutz on The Deep Dive