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 Is Bitcoin Safe? Things to Consider Before Investing

Heimadal Security

That idea came with– Bitcoin. What if the purpose of Bitcoin? First and foremost, Bitcoin came out as an antagonist to centralized banking. The post Is Bitcoin Safe? Things to Consider Before Investing appeared first on Heimdal Security Blog. In all intents and purposes, […].

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GUEST ESSAY: Securing your cryptocurrency — best practices for Bitcoin wallet security

The Last Watchdog

Over time, Bitcoin has become the most widely used cryptocurrency in the world. Related: Currency exchange security issues For managing and keeping your Bitcoin assets, you must need a bitcoin wallet, which is a digital version of a conventional wallet. Use strong passwords, 2FA. Update frequently. Backup, backup, backup.

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A Fake Data Breach Used Emails to Steal Cryptocurrency Wallets

Heimadal Security

Trezor is a hardware cryptocurrency wallet that offers advanced security for storing and managing private keys for Bitcoin and other cryptocurrencies. Trezor allows users to conduct safe payments without exposing their private keys to a possibly hacked computer. What Happened?

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How Cryptocurrency and Cybercrime Trends Influence One Another

Webroot

In particular, trends in Bitcoin values tend to be the bellwether you can use to predict how other currencies’ values will shift, and there are usually corresponding shifts in crypto-based crime, such as ransomware, though it’s not necessarily the kind of change you might predict. When [Bitcoin] crashes, the rest crash.”

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The Problem With One-Time Passcodes

Duo's Security Blog

To make matters worse, much of these capabilities can be purchased or contracted out, where launching an attack to capture and use OTPs codes is as simple as sending bitcoin and providing an email address to target. As organizations have improved their security posture, cybercriminals have found new ways to circumvent those controls.

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Researchers Quietly Cracked Zeppelin Ransomware Keys

Krebs on Security

In a blog post published today to coincide with a Black Hat Dubai talk on their discoveries, James and co-author Joel Lathrop said they were motivated to crack Zeppelin after the ransomware gang started attacking nonprofit and charity organizations. This is not an idle concern. A typical Zeppelin ransomware note.

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Steer clear of these Instagram “Get rich with Bitcoin” scams

Malwarebytes

However, it’s more likely I dodged a Bitcoin scam. The kind of scam where I’d have to use screenshots of my bank account slowly being drained of all available funds for my next blog post. Good day Are you interested in bitcoin mining? Shall we take a look? Introducing my good friend, Steven McBitcoin. I mean, oh boy am I ever.

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