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Norton 360 , one of the most popular antivirus products on the market today, has installed a cryptocurrency mining program on its customers’ computers. According to the FAQ posted on its site , “ Norton Crypto ” will mine Ethereum (ETH) cryptocurrency while the customer’s computer is idle.
What is Cryptocurrency? Cryptocurrency is a type of digital currency that generally only exists electronically. The post Blockchain & Fraud Prevention: Strategies to overcome the cryptocurrency scam appeared first on Quick Heal Blog | Latest computer security news, tips, and advice. There is no.
Daniel James Junk (22) of Portland was sentenced to 72 months in federal prison for his role in a scheme that resulted in the theft of millions of dollars of cryptocurrency using a SIM swapping. Once hijacked a SIM, the attacker can steal money, cryptocurrencies and personal information, including contacts synced with online accounts.
Foxconn, an electronics manufacturer from Mexico, has released a press statement that it was hit by Lockbit ransomware in the last week of May and is recovering data through a business continuity plan. NOTE 1- Lockbit usually demands a ransom in double-digit figures of millions and that too in Bitcoins cryptocurrency.
Treasury Department warning of a North Korean state-sponsored advanced persistent threat (APT) known as the Lazarus Group targeting cryptocurrency and blockchain companies. The threat actors use social engineering to encourage individuals to download trojanized cryptocurrency applications on Windows or macOS operating systems.
An international police operation led by Europol led to the arrest of cryptocurrency scammers targeting users all over the world. “The suspects used advertisements on social networks to lure victims to websites covertly operated by the criminals, which offered seemingly exceptional investment opportunities in cryptocurrencies.”
men with computer crimes related to their alleged ownership of the popular DDoS-for-hire services. They accept payment via PayPal, Google Wallet, and/or cryptocurrencies, and subscriptions can range in price from just a few dollars to several hundred per month. The DOJ also charged six U.S. The booter service OrphicSecurityTeam[.]com
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.
You just knew 2022 was going to be The Year of Crypto Grift when two of the world’s most popular antivirus makers — Norton and Avira — kicked things off by installing cryptocurrency mining programs on customer computers. The now-defunct and always phony cryptocurrency trading platform xtb-market[.]com,
million) cryptocurrency theft. million) cryptocurrency theft. The authorities raided the houses of the suspects and seized a large number of electronic devices, equipment, and valuable assets. The suspects are accused to have committed computer misuse act offences and to have engaged in money laundering activities. .
A new advisory issued by the Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), and the US Treasury Department (Treasury), highlights the cyberthreats associated with cryptocurrency thefts and tactics used by a North Korean state-sponsored advanced persistent threat (APT) group since at least 2020.
The Australian man faces twelve counts of computer offenses. The RAT allowed customers to access and control their victims’ computers remotely, its author advertised its stealing capabilities. “ According to the indictment, Chakhmakhchyan engaged in electronic communication with buyers after advertising the Hive RAT. .
Ukrainian authorities arrested the members of a cybercrime gang who ran 20 cryptocurrency exchanges involved in money laundering. Police in Ukraine announced the arrest of the members of a cybercrime gang composed of three individuals who ran 20 cryptocurrency exchanges used in money laundering activities.
On 9 September 2024, around 160 officers from various Singapore Police Force units conducted raids across the island, leading to the arrests and the seizure of electronic devices and cash. The law enforcement seized a total of five laptops, six mobile phones, over S$24,000 in cash, and cryptocurrency worth approximately USD $850,000.
They accept payment via PayPal, Google Wallet, and/or cryptocurrencies, and subscriptions can range in price from just a few dollars to several hundred per month. There are also multiple ways we can show this is pretty clearly not lawful under the Computer Fraud and Abuse Act.”
Alexander Vinnik , a Russian national, pleaded guilty to conspiracy to commit money laundering for his involvement in operating the cryptocurrency exchange BTC-e from 2011 to 2017. Greek Police arrested the Russian national in 2017, and they accused the man of running the BTC-e Bitcoin exchange to launder billions worth of cryptocurrency.
And the targets in this case are widespread: banks, ATMs, cryptocurrency exchanges, online casinos, movie studios such as Sony Pictures, and theater chains such as AMC. million from an Indonesian cryptocurrency company in September 2018; and $11.8 It shows the nation-state's sweeping efforts to steal $1.3 The list goes on.
Using managerial credentials, he swapped the SIM numbers associated with customers’ phone numbers into mobile devices controlled by another individual, enabling this person to control the customers’ phones and access the customers’ electronic accounts – including email, social media, and cryptocurrency accounts.
The agents seized electronic equipment, external hard drives and hardware cryptocurrency wallets, all worth around €100 000. The group focused on online services running loyalty programs with the intent to compromise the accounts and exchange the loyalty points from each account for expensive electronic devices.
The request is sent in plain text, which is the computer networking equivalent of yelling the names of all the websites you’re visiting out loud. Cryptocurrencies. People may be surprised to see cryptocurrencies appearing in our list. “Satoshi Nakamoto”, from Bitcoin: A Peer-to-Peer Electronic Cash System.
Europol has summarized the overall results of this sting: 106 arrests, mostly in Spain and some in Italy 16 house searches 118 bank accounts frozen Seizures include many electronic devices, 224 credit cards, SIM cards and point-of-sale terminals, a marijuana plantation and equipment for its cultivation and distribution.
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. PayPal phishing accounted for 54.78% of pages targeting electronic payment system users. million in 2022.
. “In December 2021, in coordination with foreign law enforcement partners in Germany and Finland, the computer server hosting Monopoly was seized and taken offline.” Desnica was located and arrested in Austria in November 2022, the police conducted a search of his residence and vehicle, seizing electronics and cash.
A young woman plays on the Electronic Arts (EA) newest product “Sims2 – Nightlife” at a Computer Gaming Convention on August 18, 2005 in Leipzig, Germany. Photo by Andreas Rentz/Getty Images). That represents a 340% increase year-over-year, a 415% increase since 2018 and accounted for about 4% of the more than 6.3
In the early afternoon of Friday 12 May 2017, the media broke the news of a global computer security attack carried out through a malicious code capable of encrypting data residing in information systems and demanding a ransom in cryptocurrency to restore them, the Wannacry ransomware.
Google Android team found high severity flaw in Honeywell Android-based handheld computers. New XBash malware combines features from ransomware, cryptocurrency miners, botnets, and worms. Magecart cybercrime group stole customers credit cards from Newegg electronics retailer. Sustes Malware: CPU for Monero.
Cryptocurrency targeted attacks. The cryptocurrency business continues to grow, and people continue to invest their money in this market because it’s a digital asset and all transactions occur online. More cryptocurrency-related threats: fake hardware wallets, smart contract attacks, DeFi hacks, and more.
Bleeping Computer reported that the Polish police arrested two individuals running the DDoS-for-hire services and collected data from a server in Switzerland used by the perpetrators. DDoS-for-hire or ‘booter’ services allows registered users to launch order DDoS attacks without specific knowledge.
Everybody knows Monero cryptocurrency and probably everybody knows that it has built upon privacy, by meaning It’s not that simple to figure out Monero wallet balance. In this scenario, it is used to make money at the expense of computer users by abusing the infected computer to mine Monero, a cryptocurrency.
Make sure the transaction is secure when you electronically send your credit card numbers. The fraudsters leverage those stolen credentials to establish a bank account for the receipt of stolen funds, which can then be transferred to a cryptocurrency account. Keep your computer safe and virus-free.
The past year has brought a series of new headaches to law enforcement agencies in the form of ransomware, cryptocurrency laundering and debates about legal authorities. At a May 26 event hosted by the Armed Forces Communications and Electronics Association, three U.S. Mario Tama/Getty Images). Still, U.S.
Computer manufacturer Acer is facing a challenging task this week. Acer is a Taiwanese multinational hardware and electronics manufacturer, with a market share of roughly 6% of all global sales. REvil is demanding the ransom payment in cryptocurrency to decrypt the company's network and not leak its data on the Dark Web.
Decrypted script Before running the script, tool went through the following steps: Computing a script hash and checking that it has not been launched before. Conclusion The aforementioned cracked applications are one of the easiest ways for malicious actors to get to users’ computers.
Even though, in 2020, we have seen ever more sophisticated cyberattacks, the overall statistics look encouraging: the number of users hit by computer and mobile malware declines, so does financial phishing. Some of them lacked the devices, so employees had to use their home computers for work. Geography of attacked users.
In July, we reported a rootkit that we found in modified Unified Extensible Firmware Interface (UEFI) firmware, the code that loads and initiates the boot process when the computer is turned on. Difficult to detect, they ensure that a computer remains infected even if someone reinstalls the operating system or replaces the hard drive.
On 9 September 2024, around 160 officers from various Singapore Police Force units conducted raids across the island, leading to the arrests and the seizure of electronic devices and cash. The law enforcement seized a total of five laptops, six mobile phones, over S$24,000 in cash, and cryptocurrency worth approximately USD $850,000.
Grandoreiro is a well-known Brazilian banking trojan — part of the Tetrade umbrella — that enables threat actors to perform fraudulent banking operations by using the victim’s computer to bypass the security measures of banking institutions.
Crypto.com is a FinTech company with a mission to accelerate the global adoption of cryptocurrency. One way our company helps to solve this problem is by making cryptocurrency easy to access through our user-friendly application. This is especially challenging because there are many regions where cryptocurrency is still unregulated.
Meanwhile, cryptocurrency became a prominent target for those seeking monetary gain. The amount of cryptocurrency-related phishing grew significantly in 2022, and with an endless array of new coins, NFT and other DeFi projects, scammers are continuously duping users. Now we see that APT actors have also switched to crypto.
retail giant Target was battling a wide-ranging computer intrusion that compromised more than 40 million customer payment cards over the previous month. Mr. Zhabykin soon moved on to bigger ventures, co-founding a cryptocurrency exchange based in Moscow’s financial center called Suex. WHERE ARE THEY NOW?
. “The charges he’s facing include one count of organized fraud, 17 counts of communications fraud, one count of fraudulent use of personal information with over $100,000 or 30 or more victims, 10 counts of fraudulent use of personal information and one count of access to computer or electronic device without authority.”
Malware, a combination of the terms ‘malicious’ and ‘software,’ includes all malicious programs that intend to exploit computer devices or entire network infrastructures to extract victim’s data, disrupt business operations, or simply, cause chaos. Unfortunately, this could be your computer trying to give away the presence of malware.
Malware, a combination of the terms ‘malicious’ and ‘software,’ includes all malicious programs that intend to exploit computer devices or entire network infrastructures to extract victim’s data, disrupt business operations, or simply, cause chaos. Unfortunately, this could be your computer trying to give away the presence of malware.
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