Did Banksy's website have a security weakness?

Artist Banksy's team was warned his website had a security weakness seven days before a hacker scammed a fan out of $336,000 (£242,000). On Tuesday a piece of art was advertised on Banksy's official website as the world-renowned graffiti artist's first NFT (non-fungible token).

Is Banksy's NFT a fake?

On Tuesday a piece of art was advertised on Banksy's official website as the world-renowned graffiti artist's first NFT (non-fungible token). A British collector won the auction to buy it, before realising it was a fake. A cyber-security expert warned Banksy that the website could be hacked, but was ignored.

Who is pranksy Banksy?

The British man who won the auction is a prominent NFT collector and Banksy fan known on Twitter as Pranksy. He said he felt "burned" when he was scammed out of nearly $340,000 in cryptocurrency coins, but was relieved when the hacker inexplicably returned most of the money to him by the end of the day.

Why are websites so vulnerable to cyberattacks?

Fraudsters use website vulnerabilities to steal sensitive credentials and financial info. The feds take them over to track down child porn consumers. Hacktivists take them down to fight controversial bathroom bills. And a lot more. Websites continue to account for the majority of cyberattacks and tens of thousands are targeted every day.