Browsing tag

Money

Dude Finds Flaw in World’s Biggest Gambling Site, Steals $1M in Bitcoin

An online gaming/gambling site lost $1 million in bitcoin to an attacker who exploited its random number generation (RNG) system. A leading and apparently the biggest online gambling website Primedice Bitcoin has suffered $1 million loss after one of its members (players) discovered a way to game the system. The user disguised himself as “Hufflepuff” […]

Hackers Steal $5 Million Worth of Bitcoin with A Simple Phishing Attack

Back in the month of January, one of the most popular bitcoin exchange namely BitStamp was hacked which resulted in the stealing of over 19,000 bitcoins, worth about $5 million during that time. BitStamp is a European bitcoin exchange company and is officially registered in the United Kingdom. Recently a new document has been surfaced […]

Hackers Hiding Vawtrak Banking Malware Command Servers in Tor

Some versions of Vawtrak banking Malware or Neverquest have been discovered to be having hidden command and control servers at Tor anonymity network — This reveals why the cybercriminal operation has become so difficult to detect and disrupt nowadays. Many versions of Vawtrak Banking Malware depend upon hard-coded IP addresses for their command and control operations. […]

Hackers target Bitcoin Exchange BitFinex’ Hot Wallet

Reportedly BitFinex was hacked but due to strict security measures implementation just minimal amount was lost. BitFinex keeps more than 99.5% of deposits from its customers in highly secure multisig wallets therefore just 0.5% loss was suffered by the Exchange. BitFinex basically is digital currency trading forum that is currently said to be in its […]

US based Company lost $3.8 million stolen due to cyberattack

Due to a cyberattack an Alaska Native Corporation had to bear the loss of $3.8million which the firm was transferring to a Hong Kong based bank account last month. CEO Greg Hambright of the Kodiak-based Afognak Native Corp explained to the group’s 900 shareholders in a letter that one of its affiliates Alutiiq LLC was […]

Nigerians arrested for Laundering €2.5 Million through Online Scam

Ten individuals of Nigerian origin have been arrested by Guardia di Finanza for laundering millions of pounds acquired from frauds causing loss of over €2.5 / $2.74million. The Italian Financial Police conducted an operation with the support of Europol and the Federal Bureau of Intelligence and 130 police officers and arrested ten Nigerians. The operation […]

PayPal Users Hit with ‘ASDA Order’ Phishing Scam

A fake email from Paypal is used by hackers to carry out a phishing attack on users. The email says a transaction has been made from your account to Associated Dairies (ASDA), for a product you recently ordered (relevant details in relation to the product are also mentioned). Of course, the receipt is just a way of […]

This Dude Hacked Lottery Computers to Win $14.3M Jackpot in U.S.

Former security director suspected for tampering with lottery computers to win $14.3m Jackpot. According to prosecutors there is strong evidence suggesting that the former computer security head of a state lottery association entered the draw room, hacked the lottery computers and tampered with number generators to buy the winning ticket and receive $14.3m jackpot. The […]

Hackers Target Bank Customers with ‘Morning Update’ Malware Email

Australia’s Bendigo Bank is apparently sending out emails titled “Morning Update” to users. The email contains the staff member’s name as well as the direct contact phone number. It also contains a business disclaimer having the email ID and phone number of Bendigo Bank. This mail also contains an attachment, a .Zip file titled Bendigo_Report_#[random […]

American Express Card Data Stolen by Cyber Criminals

It was discovered during an investigative process carried out by the law enforcement agency that data of American Express Card holders has been acquired by unauthorized individuals most probably cyber criminals. However, the circumstances that led to this discovery are yet undisclosed. Moreover, it is also unclear whether the American Express helped in the investigation […]

‘Payment Reversal’ Another PayPal Phishing Scam Targeting Customers

A new email that has been targeting PayPal users states that the company is examining a payment reversal regarding Apple and user’s account has been restricted “due to login from an unknown device.” The email informs that user needs to click a “Login Now” button for resolving the problem. In reality, PayPal isn’t the sender […]

American Express Users Hit with ‘Unusual Activity’ Phishing Scam

A fake email from American Express warns users of an ‘Unusual Activity’ on their account – The email asks users to click the link in the email body, put their information so their account can be secured from hackers.. but actually, the email is fake and website in the email body is a phishing link. Suspicious activity […]

PayPal will Pay $7.7 Million to U.S. Government For Breaching Sanctions Law

Paypal got itself into a heavy fine totaling $7.7 million after being alleged to have processed payments for highly suspicious customers that led to the breach of US sanctions. Paypal made a settlement with the U.S Treasury Department to pay the fine for having processed the suspicious payments amounting to $44000. Paypal however did not […]

Visa to track your smartphone location to “prevent” credit card fraud

Visa, famed payment processing company, will be rolling out its new software with location-tracking capabilities this summer. It will allow banks to automatically know the cardholder’s current location through the location-tracking function present in almost all smartphones. This may sound like the bank becoming your “big brother” however, it will be immensely helpful for cardholders […]

Crackdown: Fake PayPal lookalike phishing websites taken offline

PayPal has always been a target for cybercriminals in fake campaigns to steal money from users. Sometimes PayPal fake emails or phishing links trick users to login with their financial details.  To get rid of such fake sites, PayPal has joined forces with OpenDNS, an IT security company that keeps an eye on suspicious domain name registrations. As a […]

Bitcoin news website Coinfire and its Twitter account hacked

Bitcoin news website CoinFire and its Twitter account were under attack recently, according to the company’s executive editor. The editor, Mike, confirmed two days ago on Reddit that their domain was stolen and they were trying to get it back. “Well, looks like the XPY supporters got what they wanted. They logged in to our […]