Category: Hacked

Drive-by Crypto Miners Want Your Computer No Comments

The rise in popularity and prices of cryptocurrencies will bring an inevitable rise in cyber-crime and those trying to steal it. This last week has seen the crypto top three; Bitcoin, Litecoin and Ethereum, all reach record price highs of $11,400, $100 and $500 respectively. Big bucks bring bad guys and they are finding ever more devious ways to get at this digital booty. Internet security rese...


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Bugs Freeze Accounts Holding $280m worth of Ethereum Tokens No Comments

Ethereum is no stranger to coding crises and wallet mishaps; remember the bug back in July that allowed $30 million of Ether to be stolen from a popular Ethereum wallet client? Well it has happened again, and to the same Parity wallets that were compromised earlier this year. A vulnerability resulted in the freezing of money in all Parity multi-signature wallets deployed after July 20th when a...


British Company TalkTalk Hacked. newsbtc bitcoin news

Malicious Actors Hack Android Apps to Mine Cryptocurrencies No Comments

With Bitcoin price at an all-time high, a seemingly unquenchable thirst for cryptocurrencies brings a dark side to the industry. Researchers this week discovered hidden code that secretly mines coins on Android devices from apps in Google Play. Security Company Trend Micro revealed in a blog post on Monday that they had exposed malicious mining code that harnesses computing power without the user...


Law Firms to Open Bitcoin Wallets in Response to Ransomware Attacks No Comments

In response to a spate of hackings, some law firms have made the decision to preemptively open Bitcoin wallets to pay their attackers. John Sweeney, president of IT and cyber security advisory company LogicForce claimed that accounts would be used to settle ransoms as a "last resort" and the measure should be part of a wider contingency plan. For Sweeney, the decision is proactive rather than r...


remme

Blockchain Based User Authentication, REMME makes it possible No Comments

Did you know that hacked passwords cause 95% of data breaches today? It is estimated that by 2019, over 80% of organizations will use access management software or services to avoid such cybersecurity issues. And, it will be made possible by the use of cryptocurrency’s underlying blockchain technology. The blockchain technology is revolutionizing our cybersecurity in unprecedented ways; after...


ransomware, cryptocurrency, bitcoin, The Ultimate Guide To Dealing With Bitcoin In a Hacker-Proof Computing Environment

Alabama County Succumbs to Bitcoin Ransomware Demands No Comments

Yet another incident of hackers using Bitcoin as a payment method for ransomware attacks has surfaced. One of the largest counties in Alabama was the victims this time, and the security breach and subsequent encrypting of sensitive information cost the local government a not-inconsequential $37,000. The figure sounds a lot, but when you consider that County Commission Chairman Elton Dean estima...


hacked, bitcoin, banks, ukraine

CoinDash ICO Hacker Returns 10,000 Ether following Investigation Rumors No Comments

A black-hat hacker who was able to steal $10 million worth of Ether tokens after compromising an Initial Coin Offering round has returned some part of the funds. CoinDash, the startup behind the exploited ICO, updated on its blog that it has received a total of 10,000 ETH from the hacker’s wallet address. This is the second occurrence of its kind as the hacker had sent 488 ETH to CoinDash’s...


Europol Report Says Bitcoin is Common Currency for Cybercriminals. newsbtc bitcoin news

Are Cybercriminals Using Your Computer to Mine Crypto? No Comments

Security vendor ESET reports of a new technique cybercriminals are utilising to generate funds. By purchasing traffic from an advertising network, they're able to distribute malvertising (malicious ads) that utilise many victims' computers to mine crptocurrency. By combining JavaScript and cryptocurrency mining, those perpetrating such attacks are able to operate without actually hacking any ma...


Swift, North Korea, cryptocurrency, hacking, bitcoin

Could North Korea Be Harbouring an Army of Crypto-Hackers? No Comments

Strong evidence is emerging that an elite team of hackers operating out of Pyongyang are stealing Bitcoin. It’s thought that the totalitarian nation is hoping to negate the effect of recent global trade embargos levied against them. As the UN sanctions tighten around the rogue state, it seems North Korea is turning to cybercrime to keep their economy buoyant. The restrictions which followed t...


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Good Hackers and Where They Can Work No Comments

Being a hacker means a lot of opportunities for a person -- Access to secured data, respect, money, and reputation. The only thing which is forgotten is the threat of violating the law and regulations, or in simple words, responsibility for committed actions. It could take different forms - fines, restrictions or even imprisonment. Do you still feel like a person who is just suitable for hacking ...


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