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The post US Pig Butchering Victims ‘Will’ Get Refunds — Feds Seize $225M Cryptocurrency appeared first on Security Boulevard. DoJ, FBI, USSS yoinked USDT: Pretty girls plus investment fraud equals forfeiture recovery (eventually).
Cryptocurrency is best thought of as a digital currency that only exists on computers. Cryptocurrency Main Features. Cryptocurrency Main Features. Let’s dig into how cryptocurrency works. Cryptocurrencies are decentralized and distributed. Continue reading What is Cryptocurrency? at Sucuri Blog.
billion in cryptocurrency in 2024, more than half of the $2.2 Billion in Crypto in 2024 appeared first on Security Boulevard. North Korean hackers stole $1.34 billion stolen in all crypto hacks, and the attacks by threat groups linked to the rogue nation are becoming more frequent and are happening more quickly.
billion in cryptocurrency from the Bybit exchange in what is being called the largest hack in the controversial market's history. Billion in Crypto appeared first on Security Boulevard. North Korea's notorious Lazarus Group reportedly stole $1.5 The post North Koreas Lazarus Group Hacks Bybit, Steals $1.5
Cryptocurrencies have now been around for over a decade. However, along with the rise in popularity of cryptocurrencies, there has also been a rise in the use of cryptocurrencies for cybercrime. The post Cryptocurrencies: How have they influenced cybercrime? Why is that?
With more people looking to cash in on hype surrounding the cryptocurrency market than ever before and an increasing digital workforce which may lack awareness of networksecurity set-ups, cybercriminal activity remains rampant. appeared first on Security Boulevard. The post Which phishing scams are trending in 2022?
5 showed how the phony profile problem has affected virtually all executive roles at corporations, and how these fake profiles are creating an identity crisis for the businesses networking site and the companies that rely on it to hire and screen prospective employees. A follow-up story on Oct. Up until Sept.
Learn how this cryptocurrency campaign operates and its scope. Then, get tips on protecting vulnerable Kubernetes instances from this cybersecurity threat. The post First Dero cryptojacking campaign targets unprotected Kubernetes instances appeared first on TechRepublic.
A crypto support bot scam discovered in May has now increased and widened its breadth of targeted cryptocurrency users. If the user falls for it, the scammer then works on the user, using social engineering to obtain the recovery phrase for the user’s cryptocurrency account.
Threat actors have stolen $325 million in cryptocurrency leveraging a bug in the Wormhole communication bridge. This is the second-biggest hack of a DeFi platform ever, just after the $600 million Poly Networksecurity breach. — samczsun (@samczsun) February 3, 2022. Follow me on Twitter: @securityaffairs and Facebook.
Blockchain: Developed primarily for cryptocurrency applications and maligned for manipulating those markets, blockchain can be a valuable security tool, as its universe of connected nodes is almost impossible to corrupt or destroy. Knowledge of cloud systems architecture and how it interacts with various devices is invaluable.
TTEC , [ NASDAQ: TTEC ], a company used by some of the world’s largest brands to help manage customer support and sales online and over the phone, is dealing with disruptions from a networksecurity incident resulting from a ransomware attack, KrebsOnSecurity has learned.
The Europol report also reported on cybercriminals' use of cryptocurrencies and how their techniques are more sophisticated. However, there was good cybersecurity news, too.
DeFAIL: Cryptocurrency fans lose their worthless tokens via phishing attacks on decentralized finance sites. The post Squarespace Hacked — DeFi Wallets Drained (Imaginary Money Stolen) appeared first on Security Boulevard.
Ben is disappointed: FBI reports huge rise in cryptocurrency investment scams. The post Scams Lost US $10 BILLION in 2022 — Crypto Fraud Grows Fast appeared first on Security Boulevard. Why am I not surprised?
Threat actors are actively weaponizing unpatched servers affected by the newly identified "Log4Shell" vulnerability in Log4j to install cryptocurrency miners, Cobalt Strike, and recruit the devices into a botnet, even as telemetry signs point to exploitation of the flaw nine days before it even came to light.
Microsoft warns of Vietnam-linked Bismuth group that is deploying cryptocurrency miner while continues its cyberespionage campaigns. Researchers from Microsoft reported that the Vietnam-linked Bismuth group, aka OceanLotus , Cobalt Kitty , or APT32 , is deploying cryptocurrency miners while continues its cyberespionage campaigns.
This includes changes to its communication protocol and the ability to extort cryptocurrency payments in exchange for stopping the DDoS attack against a target, Qihoo 360's NetworkSecurity Research Lab said in a report published last week. Fodcha first came to
Fake Telegram channels for pirated content and cryptocurrencies. The attackers create Telegram channels with names containing keywords related to cryptocurrencies or pirated content, such as software, movies, etc. When a user searches for such content, the fraudulent channels appear at the top of the search. shop stogeneratmns[.]shop
Cryptocurrency startup Nomad claimed its “optimistic bridging” protocol would “would keep users’ funds safe.” The post FAIL: Nomad DeFi Bridge ‘Loses’ $190M of Worthless Tokens appeared first on Security Boulevard. We take a closer look.
DOJ for using borrowed cryptocurrency and exploiting vulnerabilities on the KyberSwap and Indexed Finance DeFi platforms to steal $65 million in digital assets in two schemes between 2021 and 2023. The post Canadian Man Stole $65 Million in Crypto in Two Platform Hacks, DOJ Says appeared first on Security Boulevard.
With a background in IT and a Master's degree in computer science, Masrani secured an internship and later a full-time position at AWS, focusing on data and networksecurity. Hackers infiltrated home networks through TVs, stealing data and using devices to mine cryptocurrencies, leading to increased energy bills.
The major data breach of cryptocurrency exchange Coinbase could cost the company as much as $400 million, it told the SEC. The post Coinbase Says Breach May Cost $400 Million, Issues $20 Million Bounty appeared first on Security Boulevard.
The cross-chain protocol Poly Network has been hacked, threat actors stole $611 million making this hack the largest DeFi hack to date. 611 million has reportedly been stolen in one of the largest cryptocurrency hacks. ” states TheBlockCrypto website. Follow me on Twitter: @securityaffairs and Facebook.
A former Amazon engineer who scammed more than $12 million from two decentralized cryptocurrencies exchanges in 2022 was sentenced to three years in prison in a case that the U.S. The post Ex-Security Engineer Gets Three Years in Prison for $12 Million Crypto Hacks appeared first on Security Boulevard.
It took two brothers who went to MIT months to plan how they were going to steal, launder and hide millions of dollars in cryptocurrency -- and only 12 seconds to actually pull off the heist. The post Brothers Indicted for Stealing $25 Million of Ethereum in 12 Seconds appeared first on Security Boulevard.
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. One way is through hijacking computer resources to mine cryptocurrencies.
Since blockchain’s arrival, cryptocurrency has framed the technology as permissionless, or a public blockchain. Anyone can join the network, interact, and transactions are visible to all. The razzmatazz of cryptocurrency hasn’t helped blockchain’s adoption as a technology beyond finance. Cryptocurrency Risks for Coins.
Cryptocurrency for several years has been pointed to as a key enabler of ransomware groups, allowing their ransoms to be paid in Bitcoin or Ethereum or some other virtual tokens that are difficult to trace, can be hidden and laundered through such means as crypo mixers, can move easily across borders, and allow bad actors.
Even the recent plummet in value of cryptocurrency–the dark web’s currency. The post The Dark Web Economy appeared first on Security Boulevard. While the western world struggles with rising grocery bills and gas prices, the economy of the dark web–the digital black market–is chugging along as usual.
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. Demers of the DOJ's National Security Division. million from an Indonesian cryptocurrency company in September 2018; and $11.8 The list goes on. global targets.
A threat group that’s been around since last year and was first identified earlier this month is using three high-profile information stealers in a wide-ranging campaign to harvest credentials, financial information, and cryptocurrency wallets from targets around the world who were downloading the malware that masqueraded as movie files.
Researchers from from Netlab, the networksecurity division of Chinese tech giant Qihoo 360, have discovered a new botnet, tracked as HEH, that contains the code to wipe all data from infected systems, such as routers, IoT devices, and servers.
Upon infecting a system, the malware abuses its resources to mine cryptocurrency. . The good news is, the same techniques we recommend for most organizations to keep systems and networkssecure still apply here.” The researchers discovered the threat after a sample of the malware targeted one Akamai honeypot.
The CISA warning explicitly states that its employees "will never contact you with a request to wire money, cash, cryptocurrency, or use gift cards and will never instruct you to keep the discussion secret." In a brief notification, the agency stated it is "aware of recent impersonation scammers claiming to represent the agency."
This report compiled by security analysts at Cybereason details how one ring, the controllers of the Prometei botnet, utilized native APIs to take control of several Windows system tools. This enabled the attackers to swiftly install a cryptocurrency botnet, steal credentials and seek out other unpatched vulnerabilities to exploit.
Akamai Security Research discovered a new evasive Golang-based malware, tracked as KmsdBot, that infects systems via an SSH connection that uses weak login credentials. The malware was employed in cryptocurrency mining campaigns and to launch denial-of-service (DDoS) attacks. ” concludes the report.
The DOJ created NexFundAI, a false cryptocurrency company and token, in a sting that nabbed 19 people and companies accused of scamming investors by falsely creating the illusion of activity around their crypto and then selling at the inflated price in what investigators call "pump and dump" and "market maker" schemes.
British antimalware and networksecurity vendor Sophos refers to this new tactic as “automated, active attacks.” Sophos Senior Security Advisor John Shier broke it down for me. Baldr can also plunder any cryptocurrency being stored in a range of digital wallets. We met at Black Hat 2019. I’ll keep watch.
The infamous XMRig mines Monero cryptocurrency that is known to be anonymity-focused, as it’s particularly hard to trace back. This strategy seems to be a trade-off, as such services are way easier to take down by authorities, but it allows bypassing networksecurity products that don’t block legitimate providers.
The Iranian government has sharply restricted internet access in the country following almost a week of Israeli airstrikes and a cyberattacks on an Iranian bank and cryptocurrency exchange by a pro-Israeli hacker group called Predatory Sparrow.
” Blockchain security firm PeckShield reported that the attackers have stolen about $42 billion worth of cryptocurrency. peckshield) July 2, 2023 The above estimation is quite different from the figures reported by other blockchain security firms, according to The Record.
The post Schneider Electric Confirms Ransom Hack — Hellcat Demands French Bread as ‘Joke’ appeared first on Security Boulevard. That’s a lot of pain: $125,000 ransom seems small—but why do the scrotes want it paid in baguettes?
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