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Digital forensics specialists report that the official website of Monero, one of the most popular cryptocurrencies, was compromised due to the presence of a malware-infected file capable of extracting funds from account holders. Apparently it all started on November 18, when a user found the infected file and reported the problem to GitHub. Hours later, […]
A cryptocurrency is anything that exists in a binary format designed as an internet-based medium of exchange which uses strong cryptographic functions to conduct financial transactions. Cryptocurrencies use blockchain technology to an extent to gain decentralization, transparency, and immutability. Cryptocurrencies are a digital gold mine. A form of online money that is secure from political […]
Harmless-looking audio files can distribute cryptocurrency miners and malware? Indeed these can! According to security researchers at BlackBerry Cylance a new malware campaign is doing the rounds over the internet. This campaign uses WAV files for delivering malware via steganography. While using these malicious files the user may not suspect any foul play because there […]
The fake version was targeting users for years. Cryptocurrencies like Bitcoin, anonymity-retaining browsers like Tor and underground platforms like the Dark Web have offered users a great opportunity to carry out their nefarious deeds online without getting caught. However, tables have turned now as hackers and spammers aren’t sparing Dark Web users. Reportedly, a malicious […]
We are way past the cryptocurrency boom that made Bitcoin one of the world’s fastest-growing currencies. One of the downsides of Bitcoin is that mining a single Bitcoin requires a large amount of energy and thus it bumps the amount of carbon dioxide released in the process. According to a report by IEEE Spectrum, processing […]
Social protests and government attempts to disrupt them can have unexpected consequences in different areas, including on new technologies. Information security experts report that ATMs in Hong Kong are running out of cash due to the possibility of China’s government taking highly intrusive and authoritarian measures to stop recent demonstrations and prosecute those responsible for […]
Information security specialists have revealed details about a recent cybercriminal campaign identified as “MasterMana Botnet”, related to multiple key concepts in the world of cybersecurity, such as the use of botnet, backdoors, theft of cryptocurrency, among others. Experts estimate that thousands of companies around the world have already been attacked by the operators of this […]
Elliot Gunton, a UK resident, was first convicted at the age of 16 for breaching the UK telecom giant TalkTalk. He was accused of hacking accounts of 150,000 customers and snooping on the financial details of users. Interestingly, TalkTalk was fined £400,00 for failing to put enough security measures for protecting user data and making […]
Last April information security audit specialists reported a ransomware infection in the IT systems of Stratford, a small city in Ontario region, Canada. After a couple of weeks without being able to access their systems, the local government decided to pay the hackers about $75k USD in cryptocurrency to retrieve access to the compromised information. […]
Dubbed Skidmap by researchers; the Linux malware mines cryptocurrency and drops backdoor – All that without being detected. The perception cryptocurrencies have created today ranges from them being a “flat out scam” to an innovative piece of technology in the new age. While our understanding of the latter is clear, the former needs some light […]
Cybersecurity research firm TrendMicro has come across a new Linux malware. The malware — Skidmap — is capable of illicit cryptocurrency mining activities. Skidmap is the new Linux malware in town As per the research, the new Linux malware mines crypto by creating malicious loadable kernel modules (LKM) to stay under the wraps. As the […]
Cryptocurrencies have been known to be the cause of fortune for quite a few people. It all started from 2009 and even a couple of years later when some users purchased Bitcoin and ended up hitting jackpots after holding them for long periods. However, more people are known for getting their coins stolen and it […]
Governments around the world still don’t rely on the use of virtual assets. Cybersecurity specialists report that France has informed about its intention to block the development of Libra, Facebook’s own cryptocurrency, throughout the European Union. The French government, through Economy Minister Bruno Le Maire, argues that Libra will not advance in Europe until all […]
It appears Facebook’s Libra cryptocurrency will have to deal with more hurdles than initially expected. Previously, U.S Treasury Secretary, Steven Mnuchin, claimed that cryptocurrencies such as Libra pose a “national security risk” and has the potential of becoming a hub of illegal activities. Now, French Finance Minister, Bruno Le Maire, has said that Libra cryptocurrency […]
Former Amazon employee Paige Thompson, who was arrested last month in relation to the Capital One data breach, has been accused of hacking not only the U.S. credit card issuer, but also more than 30 other companies. An indictment unsealed on Wednesday revealed that Thompson not just stole data from misconfigured servers hosted with a […]
A couple of months back, ex-Amazon employee Paige Thompson was accused of gaining unauthorized access to the cloud servers of the US-based bank Capital One and 30 other entities. Thompson, who is currently in custody, was indicted on Wednesday and charged with Wire Fraud, Computer Fraud and Abuse. She will be presented in front of […]
When Facebook announced its Libra cryptocurrency back in June, it drew a lot of attention and criticism at the same time. On one hand, the US lawmakers see it as a threat and they want to halt the project. But on the other hand, several developers are interested in it — leading to the rise […]
The cryptocurrencies fever has led many interested parties to commit crazy acts in order to make a profit easily and without spending too many resources. Network security experts report that Ukrainian authorities are investigating a potential security breach related to the mining of virtual assets at a nuclear power plant. The incident occurred at the […]
Crypto mining the “Wrong way” – In a nuclear facility. Cryptocurrencies have lately been surprising everyone with their potential and causing a lot of headaches too – particularly for governments and regulatory agencies. But sometimes the reason isn’t their massive potential to undermine government currencies as in the case of the USA or their use […]
It is a well-known fact that mining cryptocurrency requires heavy computing power and there is no better place than a nuclear power plant with all the required resources. In a surprising incident, employees of Ukranian nuclear plant connected the internal part of the plant to the internet for mining cryptocurrency. The incident happened in July […]
Malta-based cryptocurrency exchange Binance has become a victim of a ransom demand from a scammer who claimed to have hacked the KYC (Know Your Customer) data of thousands of its customers. The unknown attacker threatened the world’s largest cryptocurrency exchange by volume to release KYC information of 10,000 users if the company did not pay […]