Security Boulevard

MAY 18, 2023

As Bitcoin Week kicks off in Miami today, we are reminded the rise of cryptocurrencies is revolutionizing the financial landscape and providing individuals with unprecedented control over their digital assets. The post Strengthening Crypto Account Security: Beyond SMS 2FA appeared first on Security Boulevard.

Account Security 57

Account Security Accountability Cryptocurrency Risk 57

CyberSecurity Insiders

JUNE 14, 2023

While the company has not provided a specific timeline, it has reassured users that its IT staff are working tirelessly to mitigate the risks associated with the attack. Preliminary assessments suggest that FPG may have suffered losses between $15 million to $20 million in cryptocurrencies.

Cyber Attacks 101

Cyber Attacks Accountability Cryptocurrency Marketing 101

eSecurity Planet

NOVEMBER 18, 2022

This involved using an “unsecured group email account as the root user to access confidential private keys and critically sensitive data for the FTX Group companies around the world…” About $740 million in cryptocurrency has been placed into new cold wallets. Also read : The Link Between Ransomware and Cryptocurrency.

Risk 143

Risk Cybersecurity Cryptocurrency Social Engineering 143

Trend Micro

AUGUST 10, 2022

We tracked the latest deployment of the group behind CopperStealer, this time stealing cryptocurrencies and users’ wallet account information via a malicious Chromium-based browser extension.

Cryptocurrency 91

Cryptocurrency Accountability Cyber threats Risk 91

Security Boulevard

MAY 27, 2022

The Exfiltration Phase of The Kill Chain of a Cryptocurrency-Based Attack Provides the Greatest Opportunity to Identify Cybercriminals. Cryptocurrency gained through illicit means is less useable than other assets due to the way cryptocurrency systems currently do not fully protect owner identity and allow for only limited liquidity.

Cryptocurrency 57

Cryptocurrency Risk Marketing Architecture 57

Malwarebytes

JULY 19, 2021

We’ve observed a 419-style scam (also known as an advance fee scam) which combines the promise of cryptocurrency riches with WhatsApp conversation. Folks already involved in cryptocurrency would likely have suspicions raised after reading the below. It’s all about that personal touch in the land of cryptocurrency scams.

Accountability 108

Accountability Scams Cryptocurrency Banking 108

Malwarebytes

NOVEMBER 1, 2022

LinkedIn knows it has a problem with bots and fake accounts, and has acknowledged this on more than one occasion. In 2018, LinkedIn rolled out a way to automatically detect fake accounts. Accounts with positive detections will be removed before they can be used to reach out to members. What's new?

Accountability 95

Accountability Cryptocurrency Education Technology 95

Krebs on Security

AUGUST 25, 2023

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. The average cost to SIM swap any T-Mobile phone number was approximately $1,500.

Mobile 205

Mobile Cyber Risk Cryptocurrency Data breaches 205

SecureList

JANUARY 13, 2022

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.

Cryptocurrency 131

Cryptocurrency Malware Accountability Banking 131

SecureList

JUNE 5, 2023

The main purpose of the malware that is dropped by the Satacom downloader is to steal BTC from the victim’s account by performing web injections into targeted cryptocurrency websites. For example, it has the ability to retrieve the victims’ addresses, obtain account information, bypass 2FA, and much more.

Cryptocurrency 86

Cryptocurrency DNS Malware Encryption 86

Malwarebytes

AUGUST 26, 2021

In August of 2021, a thief stole about $600 million in cryptocurrencies from The Poly Network. Slightly more than one week later, Japanese cryptocurrency exchange Liquid was hacked and lost $97 million worth of digital coins. But we can explain the terminology, the methods, and the risks. I wish I knew. and the same value.

Cryptocurrency 112

Cryptocurrency Banking Hacking Engineering 112

Malwarebytes

JANUARY 5, 2022

There’s a lot of concern in the cryptocurrency realm at the moment. A yield farming platform “utilizing arbitrage to gain optimal yield with low risk” has gone AWOL. Site down , Twitter account deleted , no word from the team behind it explaining what happened. What is a rug pull in cryptocurrency?

Cryptocurrency 111

Cryptocurrency Scams Risk Media 111

Security Affairs

OCTOBER 20, 2021

Once hijacked the channel, attackers either sell it to the highest bidder or employ it in cryptocurrency scam scheme. The researchers identified around 15,000 actor accounts, most of which were created for this campaign. Hijacked channels ranged from $3 USD to $4,000 USD depending on the number of subscribers. Pierluigi Paganini.

Accountability 123

Accountability Malware Phishing Social Engineering 123

Security Boulevard

AUGUST 2, 2022

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.

Cryptocurrency 98

Cryptocurrency Ransomware Government Risk 98

Malwarebytes

MARCH 19, 2024

Armed with an email and password—which are easily bought online— and the 2FA code, an attacker could take over the victim’s online accounts. He was paid in Bitcoin, which was traced back to Katz’s cryptocurrency account. Check your online accounts immediately if you receive a notification about unusual activity.

Social Engineering 136

Social Engineering Computers and Electronics Mobile Identity Theft 136

Security Affairs

JUNE 27, 2019

Another cryptocurrency exchange announced to have suffered a theft, this time is the victim is the Singapore-based Bitrue. It has happened again, crooks stole funds from another cryptocurrency exchange, this time the victim is the Singapore-based Bitrue. — Bitrue (@BitrueOfficial) June 27, 2019. The attackers transferred 9.3

Cryptocurrency 68

Cryptocurrency Advertising Insurance Hacking 68

Krebs on Security

NOVEMBER 4, 2022

Responding to a recent surge in AI-generated bot accounts, LinkedIn is rolling out new features that it hopes will help users make more informed decisions about with whom they choose to connect. For example, on October 10, 2022, there were 576,562 LinkedIn accounts that listed their current employer as Apple Inc.

Scams 235

Scams Artificial Intelligence Cryptocurrency Accountability 235

Security Affairs

JANUARY 20, 2022

Crypto.com confirmed that a cyber attack compromised around 400 of its customer accounts leading in the theft of $33 million. Crypto.com is a cryptocurrency exchange app based in Singapore, the app currently has 10 million users and 3,000 employees. "Customer funds were never at risk." ” states the company.

Accountability 84

Accountability Hacking Cryptocurrency Cyber Attacks 84

Security Affairs

JANUARY 31, 2024

Direct Trading Technologies, an international fintech company, jeopardized over 300K traders by leaking their sensitive data and trading activity, thereby putting them at risk of an account takeover. The leak poses a variety of risks, expanding from identity theft to takeover and cashing-out accounts of traders.

Technology 112

Technology Identity Theft Backups Passwords 112

Malwarebytes

MARCH 1, 2024

Once the victim places enough trust in the scammer, they bring the victim into a cryptocurrency investment scheme. Scammers trying to initiate pig butchering scams The accounts sending the messages often use stock photographs of models for their profile pictures. Direct you to a fake cryptocurrency site, often imitating a real portal.

Scams 122

Scams Cryptocurrency Identity Theft VPN 122

SecureList

MAY 6, 2024

With trillions of dollars of digital payments made every year, it is no wonder that attackers target electronic wallets, online shopping accounts and other financial assets, inventing new techniques and reusing good old ones. Online shopping brands were the most popular lure, accounting for 41.65% of financial phishing attempts.

Phishing 106

Phishing Banking Mobile Scams 106

SecureList

JULY 5, 2023

The higher the global popularity of cryptocurrencies and the more new ways of storing them, the wider the arsenal of tools used by malicious actors who are after digital money. This story covers two fundamentally different methods of email attacks on the two most popular ways of storing cryptocurrency: hot and cold wallets. ripple.com.

Scams 107

Scams Phishing Cryptocurrency Social Engineering 107

Security Affairs

NOVEMBER 6, 2018

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.

Insurance 60

Insurance Cryptocurrency Cyber threats Marketing 60

Malwarebytes

DECEMBER 6, 2022

Nicholas Truglia (25) from Florida was sentenced to 18 months on Thursday for his involvement in a digital heist that cost Michael Terpin ( @michaelterpin ), a renowned personality in the cryptocurrency space, $23.8M. According to El Reg , Terpin's cryptocurrency of choice was TRIG, which was worth $7 then.

Cryptocurrency 92

Cryptocurrency Social Engineering Accountability Media 92

SecureWorld News

NOVEMBER 8, 2023

and international sanctions, particularly by exploiting cryptocurrency. The OFAC revealed that Zhdanova employed various methods, including virtual currency exchange transfers and fraudulent accounts, to obscure the source of funds and move more than $2.3 As a result of the sanctions, all of Zhdanova's U.S.-based

Cryptocurrency 91

Cryptocurrency Ransomware Cybercrime Government 91

Malwarebytes

AUGUST 16, 2023

According to the FBI: “The malicious apps enable theft of personally identifiable information (PII) , financial account access, or device takeover.” In an earlier warning the FBI focused on scammers that haunt forums and comments sections, looking for victims who have lost cryptocurrency to fraud, scams, and theft.

Cryptocurrency 97

Cryptocurrency Malware Advertising Mobile 97

eSecurity Planet

AUGUST 5, 2021

“While data theft is traditionally the primary motivation, cyber actors seeking computational power (often for cryptocurrency mining) are also drawn to Kubernetes to harness the underlying infrastructure. It helps reduce risks through deep visibility into the host operating system and OpenShift and reports back metrics to reduce risk.

Risk 109

Risk Encryption Cybersecurity Engineering 109

Malwarebytes

MARCH 1, 2024

Cybercriminals are targeting Mac users interested in cryptocurrency opportunities with fake calendar invites. Scammers, impersonating cryptocurrency investors, are active on Telegram channels to get interested people to attend a meeting about a future partnership. Topics are cryptocurrency investment opportunities.

Cryptocurrency 106

Cryptocurrency Malware Authentication Banking 106

Malwarebytes

JANUARY 20, 2023

The US Department of Justice (DOJ) has released information about the arrest of Anatoly Legkodymov, the founder and majority owner of a cryptocurrency exchange called Bitzlato, on money laundering charges. We don’t just report on threats—we remove them Cybersecurity risks should never spread beyond a headline. Polite, Jr.

Ransomware 89

Ransomware Cryptocurrency Accountability Cybercrime 89

Malwarebytes

JANUARY 20, 2023

A threat actor successfully used compromised employee credentials to gain access to 133 accounts on Mailchimp, the mainstream Intuit-owned email marketing platform, in a security incident that recently came to light. "On We don't just report on threats—we remove them Cybersecurity risks should never spread beyond a headline.

Social Engineering 93

Social Engineering Accountability Cryptocurrency Engineering 93

Krebs on Security

OCTOBER 5, 2022

The fabricated LinkedIn identities — which pair AI-generated profile photos with text lifted from legitimate accounts — are creating major headaches for corporate HR departments and for those managing invite-only LinkedIn groups. Another “swarm” of LinkedIn bot accounts flagged by Taylor’s group.

Accountability 277

Accountability Scams Artificial Intelligence Cryptocurrency 277

Security Affairs

AUGUST 30, 2020

US DoJ filed a civil forfeiture complaint to seize 280 Bitcoin (BTC) and Ethereum (ETH) accounts containing funds allegedly stolen by North Korea-linked hackers. ” The analysis of the blockchain allowed the US officials to follow the stolen funds from two hacked exchange back to the 280 crypto-currency accounts. .”

Cryptocurrency 114

Cryptocurrency Hacking Advertising Accountability 114

SecureWorld News

AUGUST 29, 2023

Kroll, a leading provider of risk management and financial consulting services, finds itself in the midst of dealing with the consequences of a recent and alarming security breach. The objective was to collect users' seed phrases, the keys to their cryptocurrency wallets, and to potentially empty these wallets.

Cryptocurrency 84

Cryptocurrency Phishing Social Engineering Accountability 84

SecureWorld News

JANUARY 13, 2023

It shouldn't come as a surprise to many, but i llicit cryptocurrency transactions hit an all-time high in 2022, totaling $20.1 Chainalysis discusses: "Crypto exchange Garantex, which accounted for the majority of sanctions-related transaction volume last year, is a great example. billion, according to a report by Chainalysis.

Cryptocurrency 93

Cryptocurrency Marketing Scams Risk 93

Krebs on Security

AUGUST 30, 2022

In a blog post earlier this month, Cloudflare said it detected the account takeovers and that no Cloudflare systems were compromised. 4 it became aware of unauthorized access to information related to a limited number of Twilio customer accounts through a sophisticated social engineering attack designed to steal employee credentials.

Mobile 297

Mobile Phishing Authentication Accountability 297

The Last Watchdog

APRIL 14, 2022

The CFO commonly carries out such tasks and arranges a wire transfer using the account information provided on the invoice. In actuality, the request is coming from a BEC fraud ring, and the payment details direct the funds to an account controlled by the attackers. Scenario 2. Scenario 3. Planned attacks.

Phishing 247

Phishing Accountability Scams Social Engineering 247

CyberSecurity Insiders

OCTOBER 4, 2022

million by the SEC as she failed to disclose the amount she earned for promoting a product related to cryptocurrency. Gary Gensler, the Chairperson of SEC, confirmed the penalty and urged investors not to follow the advice of influencers and instead probe down the investment potential risks that can eventually hinder their financial goals.

Cryptocurrency 112

Cryptocurrency Scams Media Internet 112