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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.
Maintaining bitcoin and other cryptocurrencies causes about 0.3 As many cryptocurrencies crash and the FTX bankruptcy moves into the litigation stage, regulators are likely to scrutinize the cryptocurrency world more than ever before. The good news is that cryptocurrencies don’t have to be carbon intensive.
That Joeleoli moniker registered on the cybercrime forum OGusers in 2018 with the email address joelebruh@gmail.com , which also was used to register accounts at several websites for a Joel Evans from North Carolina. According to prosecutors, the group mainly sought to steal cryptocurrency from victim companies and their employees.
authorities attributed the theft of $308 million cryptocurrency from DMM Bitcoin to North Korean cyber actors. authorities linked the $308 million cyber heist targeting cryptocurrency company DMM Bitcoin to North Korea-linked threat actors. On June 1st, the Japanese cryptocurrency exchange DMM Bitcoin announced that crooks stole 4,502.9
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. Image: CISA.
In 2018, Andrew Schober was digitally mugged for approximately $1 million worth of bitcoin. In a lawsuit filed in Colorado, Schober said the sudden disappearance of his funds in January 2018 prompted him to spend more than $10,000 hiring experts in the field of tracing cryptocurrency transactions. universities).
A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud. Following the theft, Terpin filed a civil lawsuit against Truglia with the Los Angeles Superior court.
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 (???),
Since then, a steady trickle of six-figure cryptocurrency heists targeting security-conscious people throughout the tech industry has led some security experts to conclude that crooks likely have succeeded at cracking open some of the stolen LastPass vaults. “The victim profile remains the most striking thing,” Monahan wrote.
North Korea-linked threat actors are behind some of the largest cyberattacks against cryptocurrency exchanges. North Korea-linked APT groups are suspected to be behind some of the largest cyberattacks against cryptocurrency exchanges. billion (2 trillion won) worth of cryptocurrency from multiple exchanges during the past five years.
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.” 231 banking malware.
Nearly $100M in cryptocurrency was traded on the platform from 2018-2024, with operators taking 1-5% commissions. The platform allowed the payment for the illegal goods and services in Bitcoin (BTC) and Monero (XMR) cryptocurrencies.
Over the past five years, cryptocurrency exchanges have been the target of increasingly damaging “ 51% attacks ” resulting in the theft of over $30 million worth of cryptocurrency to date. In 2018, a 51% attack on Bitcoin Gold absconded with over $18M, and the attack was estimated to cost less than $200k to execute.
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. .
A 21-year-old Irishman who pleaded guilty to charges of helping to steal millions of dollars in cryptocurrencies from victims has been sentenced to just under three years in prison. Conor Freeman of Dublin took part in the theft of more than two million dollars worth of cryptocurrency from different victims throughout 2018.
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.
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.
The Ukrainian Secret Service (SBU) launched an investigation after employees at a local nuclear power plant connected some systems of the internal network to the Internet to mine cryptocurrency. On July 10, agents of the SBU raided the nuclear power plant and discovered the equipment used by the employees to mining cryptocurrency.
The discovery was made by experts at Kaspersky Lab, the campaign has been ongoing since at least November 2018, Kaspersky Lab reports. In 2018, the Lazarus APT group targeted several cryptocurrency exchanges , including the campaign tracked as Operation AppleJeus discovered in August 2018. ” Kaspersky says. .
Threat actors are exploiting a Jenkins vulnerability (CVE-2018-1000861) disclosed in 2018 to deliver a cryptocurrency miner using the Kerberods dropper. According to SANS handler Renato Marinho, a proof-of-concept (PoC) exploit for CVE-2018-1000861 was released in early March. Pierluigi Paganini.
For the second year in a row, denizens of a large German-language online forum have donated more than USD $250,000 to cancer research organizations in protest of a story KrebsOnSecurity published in 2018 that unmasked the creators of Coinhive , a now-defunct cryptocurrency mining service that was massively abused by cybercriminals.
LastPass officially instituted this change back in 2018, but some undisclosed number of the company’s earlier customers were never required to increase the length of their master passwords. KrebsOnSecurity last month interviewed a victim who recently saw more than three million dollars worth of cryptocurrency siphoned from his account.
Curiously, in May 2018, its WHOIS ownership records switched to a new name with the same initials: one “ Jonathan Bibi ,” with an address in the offshore company haven of Seychelles. Likewise, Mr. Among those is acheterdubitcoin.org , a business that was blacklisted by French regulators in 2018 for promoting cryptocurrency scams.
that has been tracking down individuals engaged in unauthorized “SIM swaps” — a complex form of mobile phone fraud that is often used to steal large amounts of cryptocurrencies and other items of value from victims. In early July 2018, Ferri was traveling in Europe when he discovered his T-Mobile phone no longer had service.
Police in Florida have arrested a 25-year-old man accused of being part of a multi-state cyber fraud ring that hijacked mobile phone numbers in online attacks that siphoned hundreds of thousands of dollars worth of bitcoin and other cryptocurrencies from victims. A WORRIED MOM. GRAND PLANS.
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. Malware infection. cmd.exe /c “mkdir %public%MM >%temp%TMPF522.tmp
In the first six months of 2018, the experts observed a number of malware samples that was up three times as many samples targeting IoT devices as in the whole of 2017. “As we see, in Q2 2018 the leader by number of unique IP addresses from which Telnet password attacks originated was Brazil (23%). ” reads the report.
Researchers investigated cloud-based cryptocurrency mining attacks targeting GitHub Actions and Azure VMs. Researchers from Trend Micro published a report that details cloud-based cryptocurrency mining attacks targeting GitHub Actions and Azure VMs and the threat actors behind them. ” states the report published by Trend Micro.
FBI warned that North Korea-linked threat actors may attempt to cash out stolen cryptocurrency worth more than $40 million. The Federal Bureau of Investigation shared details about the activity of six cryptocurrency wallets operated by North Korea-linked threat actors. ” reads the FBI’s alert. FBI concludes.
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. Holden has long maintained visibility into cryptocurrency transactions made by BriansClub. The links have been redacted.
Department of Justice charged three Russian citizens with operating crypto-mixing services that helped crooks launder cryptocurrency. that helped crooks launder cryptocurrency. was active from 2018 to 2022, while Sinbad.io and Sinbad.io Roman Vitalyevich Ostapenko and Alexander Evgenievich Oleynik were arrested on Dec.
billion bad ads in 2018, including 58.8 Google introduced 31 new ads policies in 2018, aiming at protecting users from scams and other fraudulent activities (i.e. Some of the policies added by Google in 2018 include the ban of ads from for-profit bail bond providers that were abused for taking advantage of vulnerable communities.
Together with the Department of Homeland Security (DHS) and the Cybersecurity and Infrastructure Security Agency (CISA), the FBI has released a warning about cybercriminals creating fraudulent cryptocurrency investment apps in order to defraud cryptocurrency investors. Stay safe, everyone!
Recent data from anti-phishing company PhishLabs shows that 49 percent of all phishing sites in the third quarter of 2018 bore the padlock security icon next to the phishing site domain name as displayed in a browser address bar. That’s up from 25 percent just one year ago, and from 35 percent in the second quarter of 2018.
The Japanese cryptocurrency platform DMM Bitcoin is closing its operations just six months after a $300 million cyber heist. DMM Bitcoin is a cryptocurrency exchange based in Japan, operated by DMM Group, a large Japanese e-commerce and entertainment conglomerate. Bitcoin (BTC), approximately $304 million (48.2
Known since 2018, Amadey has been the subject of numerous security reports. The purpose here is likely to generate further revenue for its operators by boosting views of these websites, similar to adware: Payload: Amadey Trojan We recently discovered that the same campaign is now spreading the Amadey Trojan as well.
In the last 18 months, North Korea-linked Lazarus APT group has continued to target cryptocurrency exchanges evolving its TTPs. Kaspersky researchers have analyzed the attacks carried out by North Korea-linked Lazarus APT group in the past 18 months and confirmed their interest in banks and cryptocurrency exchanges.
Security experts at Group-IB presented at Money2020 Asia the results of an interesting analysis of hi-tech crime landscape in Asia in 2018. The number of leaked cards increased in 2018 by 56%. The total underground market value of Singaporean banks’ cards compromised in 2018 is estimated at nearly $640 000.
Ahead of the 2018 US midterm elections , sellers are flooding the cybercrime underground markets with data from voter databases. “Thousands of Instagram followers, Facebook likes, YouTube views and Twitter retweets are available for a small amount of cryptocurrency on the dark web. ” continues the report.
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. com (not safe for work).
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.
The North Korea-linked Lazarus APT spreads fake cryptocurrency apps under the fake brand BloxHolder to install the AppleJeus malware. Volexity researchers warn of a new malware campaign conducted by the North Korea-linked Lazarus APT against cryptocurrency users. In this campaign, the threat actors used the “bloxholder[.]com”
In 2018, KrebsOnSecurity unmasked the creators of Coinhive — a now-defunct cryptocurrency mining service that was being massively abused by cybercriminals — as the administrators of a popular German language image-hosting forum.
Palo Alto Network researchers discovered a new malware, tracked as XBash, that combines features from ransomware, cryptocurrency miners, botnets, and worms. The malicious code combines features from different families of malware such as ransomware, cryptocurrency miners, botnets, and worms. states the report published by Intezer. .
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