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Two Russians Charged in $17M Cryptocurrency Phishing Spree

Krebs on Security

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.

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GoDaddy Employees Used in Attacks on Multiple Cryptocurrency Services

Krebs on Security

Fraudsters redirected email and web traffic destined for several cryptocurrency trading platforms over the past week. And in May of this year, GoDaddy disclosed that 28,000 of its customers’ web hosting accounts were compromised following a security incident in Oct. 2019 that wasn’t discovered until April 2020.

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Alleged Co-Founder of Garantex Arrested in India

Krebs on Security

Authorities in India today arrested the alleged co-founder of Garantex , a cryptocurrency exchange sanctioned by the U.S. Launched in 2019, Garantex was first sanctioned by the U.S. authorities separately obtained earlier copies of Garantexs servers, including customer and accounting databases. Secret Service states that U.S.

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Disrupting Ransomware by Disrupting Bitcoin

Schneier on Security

This is where the suggestion to ban cryptocurrencies as a way to “solve” ransomware comes from. In this light, banning cryptocurrencies like bitcoin is an obvious solution. We suggest an easier alternative: merely disrupt the cryptocurrency markets. The second is a safe way of collecting ransoms: bitcoin.

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CoinHive Cryptocurrency Mining Service will shut down on March 8, 2019

Security Affairs

The popular in-browser cryptocurrency mining service Coinhive has announced that it will shut down on March 8, 2019. Security firms spotted several hacking campaigns aimed at compromising websites to install JavaScript-based Monero (XMR) cryptocurrency mining scripts and monetize their efforts. Pierluigi Paganini.

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Cryptocurrency trading bots: Strengthening Cybersecurity and minimizing risks

CyberSecurity Insiders

billion in cryptocurrency was stolen by criminals in 2020, a recent report by Finaria reveals. Fortunately, despite the growth of the crypto market, crypto crime has decreased by 57% since 2019, dropping to $1.9 Strengthening cybersecurity when using trading bots is key to protecting your accounts and money from hackers.

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Norton 360 Now Comes With a Cryptominer

Krebs on Security

Norton 360 , one of the most popular antivirus products on the market today, has installed a cryptocurrency mining program on its customers’ computers. which was renamed to NortonLifeLock in 2019 (LifeLock is now included in the Norton 360 service). “It’s disgusting, gross, and brand-suicide.”