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You’ve heard of online pop-up ads secretly mining Bitcoin on unsuspecting users’ computers but what about digital campaigns targeting high street shoppers? According to Terence Eden’s Blog, one of the large digital advertising displays that are common fixtures in big cities these days was hacked. Rather than displaying...
Just weeks after a digital wallet provider for Stellar Lumens was hacked another altcoin wallet has been hit. This time Iota users found their wallets emptied by hackers using malicious online seed generators. It was estimated that $4 million in Iota tokens was stolen in the digital heist....
Cryptocurrencies by their nature are secure and encrypted however the vehicles we use to store them are still very vulnerable. Users of digital wallet provider BlackWallet found this out the hard way at the weekend when the web server was hacked resulting in the theft of their stash....
The popularity and resultant price increase of Bitcoin and its ilk has become a magnet for cybercrime and hackers vying to get an illicit profit from crypto mining. By utilizing the path of least resistance and preying on the vulnerabilities of the uninitiated they have taken to the...
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...
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....
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...
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...
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....
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...
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