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authorities today announced criminal charges and financial sanctions against two Russian men accused of stealing nearly $17 million worth of virtual currencies in a series of phishing attacks throughout 2017 and 2018 that spoofed websites for some of the most popular cryptocurrency exchanges. Separately, the U.S.
Maintaining bitcoin and other cryptocurrencies causes about 0.3 As many cryptocurrencies crash and the FTX bankruptcy moves into the litigation stage, regulators are likely to scrutinize the cryptocurrency world more than ever before. The good news is that cryptocurrencies don’t have to be carbon intensive.
That Joeleoli moniker registered on the cybercrime forum OGusers in 2018 with the email address joelebruh@gmail.com , which also was used to register accounts at several websites for a Joel Evans from North Carolina. According to prosecutors, the group mainly sought to steal cryptocurrency from victim companies and their employees.
In 2018, Andrew Schober was digitally mugged for approximately $1 million worth of bitcoin. In a lawsuit filed in Colorado, Schober said the sudden disappearance of his funds in January 2018 prompted him to spend more than $10,000 hiring experts in the field of tracing cryptocurrency transactions. universities).
A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud. Following the theft, Terpin filed a civil lawsuit against Truglia with the Los Angeles Superior court.
Since then, a steady trickle of six-figure cryptocurrency heists targeting security-conscious people throughout the tech industry has led some security experts to conclude that crooks likely have succeeded at cracking open some of the stolen LastPass vaults. “The victim profile remains the most striking thing,” Monahan wrote.
The Department of Justice has charged the two Chinese nationals for laundering cryptocurrency for North Korea-linked APT groups. for helping North Korea-linked hackers in laundering cryptocurrency. The cryptocurrency have been stolen by the APT groups from two cryptocurrency exchanges. and Li Jiadong (???),
North Korea-linked threat actors are behind some of the largest cyberattacks against cryptocurrency exchanges. North Korea-linked APT groups are suspected to be behind some of the largest cyberattacks against cryptocurrency exchanges. billion (2 trillion won) worth of cryptocurrency from multiple exchanges during the past five years.
Over the past five years, cryptocurrency exchanges have been the target of increasingly damaging “ 51% attacks ” resulting in the theft of over $30 million worth of cryptocurrency to date. In 2018, a 51% attack on Bitcoin Gold absconded with over $18M, and the attack was estimated to cost less than $200k to execute.
Nearly $100M in cryptocurrency was traded on the platform from 2018-2024, with operators taking 1-5% commissions. The platform allowed the payment for the illegal goods and services in Bitcoin (BTC) and Monero (XMR) cryptocurrencies.
Another South Korean cryptocurrency exchange was hacked, this time the victim is Upbit that lost $48.5 million in cryptocurrency. . The South Korean cryptocurrency exchange Upbit disclosed a security breach, the company told its customers that hackers have stolen $48.5 million in crypto-currency from its hot wallet. .
The CryptoCore hacker group that is believed to be operating out of Eastern Europe has stolen around $200 million from online cryptocurrency exchanges. Experts from ClearSky states that a hacker group tracked as CryptoCore, which is believed to be operating out of Eastern Europe, has stolen around $200 million from cryptocurrency exchanges.
A new cyber heist made the headlines, the victim is Bithumb, the South Korea-based cryptocurrency exchange and hackers stole $19 Million. Hackers have stolen nearly $19 million worth of cryptocurrency from Bithumb, the South Korea-based cryptocurrency exchange. million) worth of cryptocurrency between June 19 and June 20.
A 21-year-old Irishman who pleaded guilty to charges of helping to steal millions of dollars in cryptocurrencies from victims has been sentenced to just under three years in prison. Conor Freeman of Dublin took part in the theft of more than two million dollars worth of cryptocurrency from different victims throughout 2018.
The Ukrainian Secret Service (SBU) launched an investigation after employees at a local nuclear power plant connected some systems of the internal network to the Internet to mine cryptocurrency. On July 10, agents of the SBU raided the nuclear power plant and discovered the equipment used by the employees to mining cryptocurrency.
The discovery was made by experts at Kaspersky Lab, the campaign has been ongoing since at least November 2018, Kaspersky Lab reports. In 2018, the Lazarus APT group targeted several cryptocurrency exchanges , including the campaign tracked as Operation AppleJeus discovered in August 2018. ” Kaspersky says. .
Threat actors are exploiting a Jenkins vulnerability (CVE-2018-1000861) disclosed in 2018 to deliver a cryptocurrency miner using the Kerberods dropper. According to SANS handler Renato Marinho, a proof-of-concept (PoC) exploit for CVE-2018-1000861 was released in early March. Pierluigi Paganini.
Also known as “ Assad Faiq” and “ The Godfather ,” Iza is the 30-something founder of a cryptocurrency investment platform called Zort that advertised the ability to make smart trades based on artificial intelligence technology. cryptocurrency holdings online. In December 2018, a then 21-year-0ld Troy Woody Jr.
Curiously, in May 2018, its WHOIS ownership records switched to a new name with the same initials: one “ Jonathan Bibi ,” with an address in the offshore company haven of Seychelles. Likewise, Mr. Among those is acheterdubitcoin.org , a business that was blacklisted by French regulators in 2018 for promoting cryptocurrency scams.
LastPass officially instituted this change back in 2018, but some undisclosed number of the company’s earlier customers were never required to increase the length of their master passwords. KrebsOnSecurity last month interviewed a victim who recently saw more than three million dollars worth of cryptocurrency siphoned from his account.
In the first six months of 2018, the experts observed a number of malware samples that was up three times as many samples targeting IoT devices as in the whole of 2017. “As we see, in Q2 2018 the leader by number of unique IP addresses from which Telnet password attacks originated was Brazil (23%). ” reads the report.
Also, we have previously reported on cryptocurrency-focused BlueNoroff attacks. It appears that BlueNoroff shifted focus from hitting banks and SWIFT-connected servers to solely cryptocurrency businesses as the main source of the group’s illegal income. Malware infection. cmd.exe /c “mkdir %public%MM >%temp%TMPF522.tmp
For the second year in a row, denizens of a large German-language online forum have donated more than USD $250,000 to cancer research organizations in protest of a story KrebsOnSecurity published in 2018 that unmasked the creators of Coinhive , a now-defunct cryptocurrency mining service that was massively abused by cybercriminals.
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. A WORRIED MOM. GRAND PLANS.
that has been tracking down individuals engaged in unauthorized “SIM swaps” — a complex form of mobile phone fraud that is often used to steal large amounts of cryptocurrencies and other items of value from victims. In early July 2018, Ferri was traveling in Europe when he discovered his T-Mobile phone no longer had service.
An entrepreneur and virtual currency investor is suing AT&T for $224 million, claiming the wireless provider was negligent when it failed to prevent thieves from hijacking his mobile account and stealing millions of dollars in cryptocurrencies. A copy of his complaint is here (PDF). ” AN ‘IDENTITY CRISIS’?
Investigators allege that between October 2016 and May 2018, Hared and Ditman grew proficient at SIM swapping, a complex form of mobile phone fraud that is often used to steal large amounts of cryptocurrencies and other items of value from victims. According to indictments unsealed this week, Tucson, Ariz.
Researchers investigated cloud-based cryptocurrency mining attacks targeting GitHub Actions and Azure VMs. Researchers from Trend Micro published a report that details cloud-based cryptocurrency mining attacks targeting GitHub Actions and Azure VMs and the threat actors behind them. ” states the report published by Trend Micro.
Recent data from anti-phishing company PhishLabs shows that 49 percent of all phishing sites in the third quarter of 2018 bore the padlock security icon next to the phishing site domain name as displayed in a browser address bar. That’s up from 25 percent just one year ago, and from 35 percent in the second quarter of 2018.
Together with the Department of Homeland Security (DHS) and the Cybersecurity and Infrastructure Security Agency (CISA), the FBI has released a warning about cybercriminals creating fraudulent cryptocurrency investment apps in order to defraud cryptocurrency investors. Stay safe, everyone!
The government also indicted and sanctioned a top Russian cybercriminal known as Taleon , whose cryptocurrency exchange Cryptex has evolved into one of Russia’s most active money laundering networks. Holden has long maintained visibility into cryptocurrency transactions made by BriansClub. The links have been redacted.
In the last 18 months, North Korea-linked Lazarus APT group has continued to target cryptocurrency exchanges evolving its TTPs. Kaspersky researchers have analyzed the attacks carried out by North Korea-linked Lazarus APT group in the past 18 months and confirmed their interest in banks and cryptocurrency exchanges.
The Japanese cryptocurrency platform DMM Bitcoin is closing its operations just six months after a $300 million cyber heist. DMM Bitcoin is a cryptocurrency exchange based in Japan, operated by DMM Group, a large Japanese e-commerce and entertainment conglomerate. Bitcoin (BTC), approximately $304 million (48.2
Security experts at Group-IB presented at Money2020 Asia the results of an interesting analysis of hi-tech crime landscape in Asia in 2018. The number of leaked cards increased in 2018 by 56%. The total underground market value of Singaporean banks’ cards compromised in 2018 is estimated at nearly $640 000.
The North Korea-linked Lazarus APT spreads fake cryptocurrency apps under the fake brand BloxHolder to install the AppleJeus malware. Volexity researchers warn of a new malware campaign conducted by the North Korea-linked Lazarus APT against cryptocurrency users. In this campaign, the threat actors used the “bloxholder[.]com”
Known since 2018, Amadey has been the subject of numerous security reports. The purpose here is likely to generate further revenue for its operators by boosting views of these websites, similar to adware: Payload: Amadey Trojan We recently discovered that the same campaign is now spreading the Amadey Trojan as well.
Palo Alto Network researchers discovered a new malware, tracked as XBash, that combines features from ransomware, cryptocurrency miners, botnets, and worms. The malicious code combines features from different families of malware such as ransomware, cryptocurrency miners, botnets, and worms. states the report published by Intezer. .
On Thursday, US authorities arrested two crooks charging them with stealing $550,000 in cryptocurrency from at least 10 victims using SIM swapping. American law enforcement has declared war to sim swapping scammers and announced the arrest of two individuals for stealing $550,000 in Cryptocurrency. In May, the U.S. Pierluigi Paganini.
Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. Based on the risk score, CryptoIns experts have calculated insurance rates for cryptocurrency exchange users who can now insure their accounts against cyber threats.
com , a cryptocurrency mining service that has been heavily abused to force hacked Web sites to mine virtual currency. Once a key was invalidated, Coinhive would simply cut out the middleman and proceed to keep 100 percent of the cryptocurrency mined by sites tied to that account from then on. com (not safe for work).
Avast researchers analyzed the activity of a simple cryptocurrency malware dubbed HackBoss that allowed its operators to earn over $560K. The antivirus company Avast analyzed the case of a simple malware dubbed HackBoss and how it allowed its operators to earn more $560K worth of cryptocurrency since November 2018.
In 2018, KrebsOnSecurity unmasked the creators of Coinhive — a now-defunct cryptocurrency mining service that was being massively abused by cybercriminals — as the administrators of a popular German language image-hosting forum.
Security experts at Group-IB have detected the activity of Gustuff a mobile Android Trojan, which includes potential targets of customers in leading international banks, users of cryptocurrency services, popular ecommerce websites and marketplaces. Group-IB’s Threat Intelligence system first discovered Gustuff on hacker forums in April 2018.
In the 15-month span of the GandCrab affiliate enterprise beginning in January 2018 , its curators shipped five major revisions to the code, each corresponding with sneaky new features and bug fixes aimed at thwarting the efforts of computer security firms to stymie the spread of the malware. The GandCrab identity on Exploit[.]in
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