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authorities today announced criminal charges and financial sanctions against two Russian men accused of stealing nearly $17 million worth of virtual currencies in a series of phishing attacks throughout 2017 and 2018 that spoofed websites for some of the most popular cryptocurrency exchanges. Separately, the U.S.
A sophisticated cybercrime campaign, dubbed Elusive Comet , has been uncovered, in which North Korean threat actors are exploiting Zoom's remote control feature to infiltrate the systems of cryptocurrency professionals. The research behind the discovery was released by Security Alliance , which tracked and analyzed the campaign.
Secret Service and Department of Homeland Security told reporters on Wednesday the trio’s activities involved extortion, phishing, direct attacks on financial institutions and ATM networks, as well as malicious applications that masqueraded as software tools to help people manage their cryptocurrency holdings.
Norton 360 , one of the most popular antivirus products on the market today, has installed a cryptocurrency mining program on its customers’ computers. In 2017, the identity theft protection company LifeLock was acquired by Symantec Corp. Transaction fees fluctuate due to cryptocurrency market conditions and other factors.
In 2017, the identity theft protection company LifeLock was acquired by Symantec Corp. For example, it doesn’t specify how much NortonLifeLock gets out of the deal (NortonLifeLock keeps 15 percent of any cryptocurrency mined by Norton Crypto). Avira Free Antivirus). In January 2021, Avira was acquired by Tempe, Ariz.-based
North Korean-backed state hackers have stolen an estimated $3 billion in a long string of hacks targeting the cryptocurrency industry over the last six years since January 2017. [.]
Judging by the analysis of transactions, they were able to transfer about $270,000 in various cryptocurrencies to their crypto wallets.” “However, in reality, this amount may be larger; the attackers also targeted Monero, a cryptocurrency that is untraceable.”
Another South Korean cryptocurrency exchange was hacked, this time the victim is Upbit that lost $48.5 million in cryptocurrency. . The South Korean cryptocurrency exchange Upbit disclosed a security breach, the company told its customers that hackers have stolen $48.5 million in crypto-currency from its hot wallet. .
The dangers from ransomware have risen sharply since WannaCry and NotPetya hit the scene in 2017, and this year has been no different. Cryptocurrency Fuels Ransomware. One constant in all this will be cryptocurrency, the coin of the realm when it comes to ransomware. Cryptocurrency really is fueling this in a sense.
The Department of Justice has charged the two Chinese nationals for laundering cryptocurrency for North Korea-linked APT groups. for helping North Korea-linked hackers in laundering cryptocurrency. The cryptocurrency have been stolen by the APT groups from two cryptocurrency exchanges. and Li Jiadong (???),
A new cyber heist made the headlines, the victim is Bithumb, the South Korea-based cryptocurrency exchange and hackers stole $19 Million. Hackers have stolen nearly $19 million worth of cryptocurrency from Bithumb, the South Korea-based cryptocurrency exchange. million) worth of cryptocurrency between June 19 and June 20.
Also, we have previously reported on cryptocurrency-focused BlueNoroff attacks. It appears that BlueNoroff shifted focus from hitting banks and SWIFT-connected servers to solely cryptocurrency businesses as the main source of the group’s illegal income. Instead, they can rely on regular macro-enabled documents or older exploits.
The CryptoCore hacker group that is believed to be operating out of Eastern Europe has stolen around $200 million from online cryptocurrency exchanges. Experts from ClearSky states that a hacker group tracked as CryptoCore, which is believed to be operating out of Eastern Europe, has stolen around $200 million from cryptocurrency exchanges.
The government also indicted and sanctioned a top Russian cybercriminal known as Taleon , whose cryptocurrency exchange Cryptex has evolved into one of Russia’s most active money laundering networks. 26, 2017 on the now-defunct carding site Joker’s Stash has been tied to a breach at Sonic Drive-In.
billion yen ($60 million) worth of cryptocurrencies from the Japanese digital currency exchange Zaif exchange. a Japanese cryptocurrency firm, hackers have compromised its Zaif exchange and have stolen 6.7 billion yen ($60 million) worth of cryptocurrencies, including Bitcoin, Monacoin, and Bitcoin Cash. Pierluigi Paganini.
Threat actors from the Democratic People's Republic of Korea (DPRK) are increasingly targeting the cryptocurrency sector as a major revenue generation mechanism since at least 2017 to get around sanctions imposed against the country.
A team of researchers demonstrated that cryptocurrency wallets Trezor and Ledger are vulnerable to several type of attacks. During the 35c3 conference held in Leipzig, Germany, the researchers Dmitry Nedospasov , Thomas Roth , ad Josh Datko demonstrated that cryptocurrency wallets Trezor and Ledger are vulnerable to several type of attacks.
Researchers discovered that recently patched Firefox zero-day (CVE-2019-11707) has been exploited to deliver Windows and Mac malware to cryptocurrency exchanges. According to Martin, other cryptocurrency organizations were hit by similar attacks. CVE-2019-11707 is a type confusion vulnerability in Array.pop. ” wrote Wardle.
Two Estonian citizens were arrested in Tallinn for allegedly running a $575 million cryptocurrency fraud scheme. Two Estonian nationals were arrested in Tallinn, Estonia, after being indicted in the US for running a fraudulent cryptocurrency Ponzi scheme that caused more than $575 million in losses. Pierluigi Paganini.
The company’s website says Hempton has been around since 2017, but the domain name was only registered in late November 2020. This 2017 story from New Zealand financial news site interest.co.nz That identity was tied to a number of fraudulent cryptocurrency and binary options investment schemes. Hemptonllp[.]com
The notorious cryptojacking group tracked as 8220 Gang has been spotted weaponizing a six-year-old security flaw in Oracle WebLogic servers to ensnare vulnerable instances into a botnet and distribute cryptocurrency mining malware.
Another “capital investment” company tied to John Bernard’s Swiss address is liftinvest.ch , which was registered in November 2017. Among those is acheterdubitcoin.org , a business that was blacklisted by French regulators in 2018 for promoting cryptocurrency scams.
Department of Justice (DOJ) announced that an Ohio resident, Larry Dean Harmon, pleaded guilty to money laundering through the use of Helix, a Dark Web cryptocurrency laundering service. Cybercriminal mixes millions of dollars in cryptocurrency. Harmon says he operated Helix between 2014 and 2017. billion.
While cryptocurrencies have been celebrated for their potential to revolutionize finance, their anonymous nature has also been exploited for illicit activities. From drug dealing and arms trafficking to funding terrorism, black market activities have thrived under the cloak of cryptocurrency’s pseudonymity.
Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. Based on the risk score, CryptoIns experts have calculated insurance rates for cryptocurrency exchange users who can now insure their accounts against cyber threats.
That Facebook profile is no longer active, but back in January 2017, the administrator of WorldWiredLabs posted that he was considering adding certain Android mobile functionality to his service. ’s Companies House shows that in 2017 Mr. Zanko became an officer in a company called Godbex Solutions LTD.
A new piece of malware appeared in the threat landscape, dubbed BlackSquid it targets web servers with several exploits to deliver cryptocurrency miners. “Simultaneous with its attacks, BlackSquid also downloads and executes two XMRig cryptocurrency-mining components.! continues the analysis. Pierluigi Paganini.
The other indictment named Russians affiliated with a skilled hacking group known as “Triton” or “Trisis,” which infected a Saudi oil refinery with destructive malware in 2017, and then attempted to do the same to U.S. energy facilities. and international companies and entities, including U.S. ” HYDRA. .
Security experts at Group-IB have detected the activity of Gustuff a mobile Android Trojan, which includes potential targets of customers in leading international banks, users of cryptocurrency services, popular ecommerce websites and marketplaces. Gustuff has previously never been reported. Pierluigi Paganini.
Larry Dean Harmon, the owner of a dark web cryptocurrency laundering service known as Helix, pleaded guilty today of laundering over $300 million worth of bitcoins between 2014 and 2017. [.].
A Russian operator of a now-dismantled BTC-e cryptocurrency exchange has pleaded guilty to money laundering charges from 2011 to 2017. Alexander Vinnik, 44, was charged in January 2017 and taken into custody in Greece in July 2017. He was subsequently extradited to the U.S. in August 2022.
Department of Treasury sanctioned cryptocurrency mixer Blender.io Department of Treasury sanctioned the cryptocurrency mixer Blender.io It has been estimated that Blender has helped transfer more than $500 million worth of Bitcoin since its creation in 2017. used by North Korea-linked Lazarus APT. million in illicit proceeds.
It goes on to say "From August 2017 until November 2018, DEFIORE worked as a sales representative for Phone Company A. Ireland-based hacker Conor Freeman, aged 20, was charged in that case for seven SIM-swaps that led to the theft of $2,416,352 worth of cryptocurrency.
The cyberattacks against the cryptocurrency industry are a profitable business for threat actors, according to the experts, $12.1 billion worth of cryptocurrencies have been stolen in the last decade. “Cryptocurrency crime stands in direct proportion to the size of the cryptocurrency market. Threat actors stole $3.18
An American was charged with money laundering while operating the dark web Helix Bitcoin mixer service between 2014 and 2017. Larry Dean Harmon (36), from Akron, Ohio, was charged with laundering more than $310 million worth of Bitcoin while he was operating a Darknet-based cryptocurrency laundering service between 2014 and 2017.
Security consulting giant Kroll disclosed today that a SIM-swapping attack against one of its employees led to the theft of user information for multiple cryptocurrency platforms that are relying on Kroll services in their ongoing bankruptcy proceedings.
Group-IB researchers have investigated user data leaks from cryptocurrency exchanges and has analyzed the nature of these incidents. In 2017, when cryptocurrencies were gaining momentum, their record-breaking capitalization and a spike in Bitcoin’s exchange rate led to dozens of attacks on cryptocurrency services.
A Belarusian and Cypriot national linked with the cryptocurrency exchange BTC-e is facing charges that can lead maximum penalty of 25 years in prison. “According to the indictment, between 2011 and July 2017, Aliaksandr Klimenka, 42, allegedly controlled BTC-e, a digital currency exchange, with Alexander Vinnik and others.”
The frozen funds include cryptocurrency, NFTs, and other digital assets. District Court for the District of Columbia alleging that North Korean information technology (IT) workers obtained illegal employment and amassed millions in cryptocurrency for the benefit of the North Korean government, all as a means of evading U.S. since 2017.
Current threat actor activity is incentivized by a broad attack surface represented through high volumes of users and systems, and high potential profits represented through the variety of cryptocurrency offerings. It is easy to detect and block things like malicious cryptocurrency apps or crypto-phishing websites.
com , a cryptocurrency mining service that has been heavily abused to force hacked Web sites to mine virtual currency. Once a key was invalidated, Coinhive would simply cut out the middleman and proceed to keep 100 percent of the cryptocurrency mined by sites tied to that account from then on.
Security researcher Lukas Stefanko from ESET discovered the first Android cryptocurrency clipboard hijacker impersonating MetaMask on the official Google Play store. “This dangerous form of malware first made its rounds in 2017 on the Windows platform and was spotted in shady Android app stores in the summer of 2018.
billion worth of cryptocurrency and other virtual assets in the past five years. billion) in cryptocurrency and other virtual assets in the past five years. economic sanctions were toughened in 2017 in response to its nuclear and missile tests.” million in cryptocurrency through this program. trillion won ($1.2
Researchers from Kaspersky discovered a sophisticated malware, dubbed StripedFly, that remained under the radar for five years masquerading as a cryptocurrency miner. Further analysis revealed that the malware has been used since at least 2017. The malicious code has a complex modular structure that supports both Linux and Windows.
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