This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The Biden administration has introduced new sanctions against cryptocurrency exchange Suex to stifle revenue for ransomware groups. Get the latest from CSO by signing up for our newsletters. ] Get the latest from CSO by signing up for our newsletters. ] To read this article in full, please click here
Cryptojacking is the unauthorized use of someone else’s computer to mine cryptocurrency. Get the latest from CSO by signing up for our newsletters. ] Cryptojacking definition. How much does a cyber attack really cost? How much does a cyber attack really cost? Take a look at the numbers. |
Some of the attacks deploy cryptocurrency mining malware, but Atlassian products have also been targeted in the past by cyberespionage groups. Hackers have started exploiting a critical remote code execution vulnerability that was patched recently in Atlassian Confluence Server and Data Center.
As high-stakes cryptocurrency and blockchain projects proliferate and soar in value, it’s no surprise that malicious actors were enticed to steal $14 billion in cryptocurrency during 2021 alone. The frantic pace of cryptocurrency thefts is continuing into 2022.
According to data from the Rekt leaderboard , cybercriminals have stolen as much as $3 billion of investor funds through 141 various cryptocurrency exploits since January, putting 2022 on track to top 2021 levels of digital currency malfeasance. Comparitech’s cryptocurrency heists tracker indicates that since 2011, hackers have stolen $7.9
The list of companies accepting payments in cryptocurrency keeps expanding, so customers can buy almost everything they want: electronics, college degrees and cappuccinos. Cryptocurrency and NFTs are on many organizations' agenda as they discuss the ramifications of Web3 and the opportunities it presents.
Source: Sky News) Scammers bank on popularity of crypto wallets to steal cryptocurrency. Source: CSO Online). (Source: Armorblox) Data of Labour Party supporters in the UK were stolen during a ransomware attack. Stay safe, everyone! The post A week in security (Nov 1 – Nov 7) appeared first on Malwarebytes Labs.
A key element of those proposals includes changes to make crypto asset transfers more traceable and secure by forcing companies to collect certain details on recipients and senders and prohibiting the use of anonymous cryptocurrency wallets. To read this article in full, please click here
Cybercriminals have started taking advantage of Silicon Valley Bank’s (SVB) downfall to carrying out scams that can steal money, and bank account information, or infect customers’ systems with malware.
Multiple attacker groups are using a malicious browser extension for Chromium-based browsers such as Google Chrome, Microsoft Edge, Brave, and Opera that's aimed at stealing cryptocurrency assets from multiple websites and online wallets.
The campaign uses four cryptocurrency mining algorithms—Ethash, Etchash, Ton and XMR— making an average of $13 worth of cryptocurrency per infected computer, Bitdefender reported this week. Between May 1 and July 1, Bitdefender detected about 700 users who were affected by the campaign. To read this article in full, please click here
Then the criminals used a convincing-looking holograph of me in Zoom calls to try and scam several representatives of legitimate cryptocurrency projects,” he says. To read this article in full, please click here
Over the last year, however, US and global authorities seized $112 million from cryptocurrency investment scams, disrupted the Hive ransomware group, broke up online illegal drug marketplaces, and sanctioned crypto money launderers, among other operations to crack down on internet-enabled crimes.
In that attack, the nation’s gas supply was temporarily impacted, and Colonial paid more than $4 million in cryptocurrency as a ransom. This reality has certainly been on display in recent months, as several headline-making ransomware attacks hit major companies, including Colonial Pipeline.
Last year, before the onset of the Russia-Ukraine war, nearly 75% of cryptocurrency payouts for ransomware went to Russia, according to a study conducted by Chainanalysis. Let that sink in a moment. Then consider the legal ramifications of paying those ransoms now that Russia is a sanctioned country.
It started gaining popularity among cybercriminals at the end of last year because it is modular and can also be used as a malware downloader to deploy additional payloads in addition to its core functionality of stealing data and credentials from multiple web browsers, cryptocurrency wallets, and local applications.
In the case of Prophet Spider, the payloads were primarily cryptocurrency mining software, although in some instances, Cobalt Strike beacons—a kind of system backdoor—were also installed on the computers. To read this article in full, please click here
The malicious payload delivery, which includes a cryptocurrency mining program, is done in stages with long delays that can add up to almost a month. Researchers have discovered a new multi-stage malware delivery campaign that relies on legitimate application installers distributed through popular software download sites.
The Justice Department announced yesterday that it had seized 63.7 bitcoins currently valued at approximately $2.3 million that allegedly represents some portion of a May 8 payment by the Colonial Pipeline company to DarkSide ransomware attackers. Colonial Pipeline admitted paying the cybercriminals a total ransom of around $4.4
Italian cybersecurity firm Cleafy has found “Nexus”, a new Android Trojan capable of hijacking online accounts and siphoning funds from them, to be targeting customers from 450 banks and cryptocurrency services worldwide.
Security experts and scientists predict that quantum computers will one day be able to break commonly used encryption methods rendering email, secure banking, cryptocurrencies, and communications systems vulnerable to significant cybersecurity threats.
And while Raccoon was previously known for collecting passwords, cookies, and the “autofill” text for websites, including credit card data and other personal identifying information, it can now target cryptocurrency wallets, and can retrieve or drop files on infected systems. To read this article in full, please click here
Lazarus has gained notoriety over the last few years with some high-profile incidents, including targeting cryptocurrency and blockchain organizations, as well as the energy sector in the U.S., We have a security team, we do our own pentesting, we've got software scanners, we got a CSO of course. Canada, and Japan.
Security researchers have recently come across a cryptocurrency miner that was designed to run inside AWS Lambda, a so-called serverless computing platform designed to execute user-supplied application code on demand. Malware authors are keeping with the times and when it comes to server-oriented malware.
Ransomware attacks also are up, as is crypto-jacking, where a hacker hijacks an endpoint’s processing power to mine cryptocurrency. The attacks are becoming more insidious, such as malware that modifies itself to infiltrate a system and hit a specific target, along with attacks directed at firmware.
From ransomware attacks to rampant cryptocurrency theft, criminal exploitation of borderless digital systems threatens global economic security and the political welfare of all countries. Cybercrime is a growing scourge that transcends borders, spreading across the boundaries of virtually all the world's nearly 200 nation-states.
My absolute congratulations and respect to Coinbase executive leadership: Brian Armstrong CEO, Jeff Lunglhofer CISO, and Philip Martin CSO The post Coinbase Hacked and Turns the Tables on the Cybercriminals! Craft your defense and response capabilities to be able to respond like Coinbase, in the unfortunate event of a breach.
The hijacked servers are joined in a botnet and are used to mine cryptocurrency by loading mining programs directly in memory with no files on disk. Researchers warn of a new worm that's infecting Linux servers by brute-forcing and stealing SSH credentials.
An analysis of the cryptocurrency wallets tied to the Karakurt hacker group, combined with their particular methodology for data theft, suggests that the group's membership overlaps with two other prominent hacking crews, according to an analysis published by cybersecurity firm Tetra Defense.
RELATED: Are Chinese Spies Trying to Connect with You on LinkedIn? ]. LinkedIn reached out to KrebsOnSecurity, providing this statement: "We do have strong human and automated systems in place, and we're continually improving, as fake account activity becomes more sophisticated.
Unraveling the True Security Risks ” (SecurityWeek) “ How deepfakes threaten biometric security controls ” (TechTarget) “ Deepfakes break through as business threat ” (CSO) 3 - Fake update variants dominate list of top malware in Q3 Hackers are doubling down on fake software-update attacks.
Sign up for CSO newsletters. ]. According to Spanish authorities, the cause of the 75-year-old’s death was suicide. Learn 12 tips for effectively presenting cybersecurity to the board and 6 steps for building a robust incident response plan. To read this article in full, please click here
Sign up for CSO newsletters. ]. According to Spanish authorities, the cause of the 75-year-old’s death was suicide. Learn 12 tips for effectively presenting cybersecurity to the board and 6 steps for building a robust incident response plan. To read this article in full, please click here
These disruptive attacks – which lock up systems and demand the victim pay a ransom in cryptocurrency in exchange for regaining access – can disable endpoints and encrypt critical files that include essential information for patient care.
Among the accounts that use cell phones number for identification are e-mail, social media, banking, cryptocurrency exchanges, and online retail outlets, to name just a few of the kinds of accounts that criminal actors can compromise. To read this article in full, please click here
The Biden administration issued its much-anticipated cryptocurrency executive order, laying out a wide-ranging investigation into digital assets to gain at least a preliminary grasp on how to address the rapidly growing $3 trillion financial market and its role in ransomware and other illicit activities.
We organize all of the trending information in your field so you don't have to. Join 28,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content