Schneier on Security

JULY 26, 2021

This is where the suggestion to ban cryptocurrencies as a way to “solve” ransomware comes from. Lee Reiners, executive director of the Global Financial Markets Center at Duke Law, proposed this in a recent Wall Street Journal op-ed. In this light, banning cryptocurrencies like bitcoin is an obvious solution.

Ransomware 363

Ransomware Cryptocurrency Banking Accountability 363

Krebs on Security

NOVEMBER 14, 2024

They also accused Vrublevsky of facilitating money laundering for Hydra , the largest Russian darknet market at the time. Izvestia reports that Peter Vrublevsky was the advertising mastermind behind this 3D ad campaign and others promoting the Russian online narcotics bazaar Sprut. “Hi, how are you?” ” he inquired.

Retail 254

Retail Advertising Cryptocurrency Marketing 254

Krebs on Security

JANUARY 18, 2021

Joker’s Stash , by some accounts the largest underground shop for selling stolen credit card and identity data, says it’s closing up shop effective mid-February 2021. Those “partner” customers will be given the opportunity to cash out their accounts. and European authorities seized a number of its servers.

Marketing 297

Marketing Cybercrime Accountability Cryptocurrency 297

Krebs on Security

JANUARY 6, 2022

Norton 360 , one of the most popular antivirus products on the market today, has installed a cryptocurrency mining program on its customers’ computers. According to the FAQ posted on its site , “ Norton Crypto ” will mine Ethereum (ETH) cryptocurrency while the customer’s computer is idle.

Cryptocurrency 351

Cryptocurrency Computers and Electronics Antivirus Identity Theft 351

Security Affairs

DECEMBER 20, 2023

The German police seized the dark web marketplace Kingdom Market as a result of an international law enforcement operation. The Kingdom Market was established in March 2021, the offer of the dark web marketplace included drugs, malware, stolen data, and forged documents. ” reads a press release published by BKA.

Marketing 130

Marketing Cryptocurrency Accountability Banking 130

Security Affairs

AUGUST 3, 2020

million worth of cryptocurrency from cryptocurrency investment accounts. . Hackers stole roughly €1.183 million worth of cryptocurrency from investment accounts of 2gether, 26.79% of overall funds stored by the accounts. – The hack affects crypto investment accounts.

Cryptocurrency 143

Cryptocurrency Accountability Hacking Advertising 143

Security Affairs

JUNE 17, 2024

Federal authorities charged two individuals with operating the dark web marketplace Empire Market that facilitated over $430 million in illegal transactions. currency on AlphaBay before starting Empire Market. “They began operating Empire Market on Feb. Conspiracy to distribute controlled substances through Empire Market.

Marketing 129

Marketing Cryptocurrency DDOS Scams 129

Krebs on Security

JULY 21, 2022

“It’s run by a fraud ring of cryptocurrency scammers who mine dating apps and other social media for victims and the scam is becoming alarmingly popular.” Many of these platforms include extensive study materials and tutorials on cryptocurrency investing. The now-defunct homepage of xtb-market[.]com,

Scams 331

Scams Cryptocurrency Marketing Internet 331

CyberSecurity Insiders

MAY 25, 2021

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.

Cryptocurrency 142

Cryptocurrency Risk Cybersecurity Marketing 142

Security Affairs

MARCH 23, 2024

The German police seized the infrastructure of the darknet marketplace Nemesis Market disrupting its operation. The law enforcement confiscated about 94,000 euros worth of cryptocurrencies. The Nemesis Market recently reached over 150,000 users and over 1,100 seller accounts registered worldwide.

Marketing 130

Marketing Cybercrime DDOS Internet 130

Krebs on Security

MAY 4, 2023

Try2Check was so reliable that it eventually became the official card-checking service for some of the underground’s most bustling crime bazaars, including Vault Market, Unicc , and Joker’s Stash. ” That handle used the same ICQ instant messenger account number ( 555724 ) as a Mazafaka denizen named “ Nordex.”

Marketing 292

Marketing Cybercrime Accountability Hacking 292

eSecurity Planet

DECEMBER 21, 2021

Cryptocurrency Fuels Ransomware. One constant in all this will be cryptocurrency, the coin of the realm when it comes to ransomware. Cryptocurrency really is fueling this in a sense. … If you were to take cryptocurrency away from that, they don’t have a convenient digital platform.

Cryptocurrency 140

Cryptocurrency Ransomware Cybercrime Social Engineering 140

Security Affairs

JANUARY 10, 2024

Threat actors hacked the X account of the US Securities and Exchange Commission (SEC) and used it to publish the fake news on the Bitcoin ETF approval. Hackers hijacked the X account of the US Securities and Exchange Commission (SEC) and used it to publish fake news on the Bitcoin ETF approval. ” Gensler wrote.

Accountability 128

Accountability Hacking Cryptocurrency Surveillance 128

Krebs on Security

NOVEMBER 5, 2024

At the end of 2023, malicious hackers learned that many large companies had uploaded huge volumes of sensitive customer data to Snowflake accounts that were protected with little more than a username and password (no multi-factor authentication required). government agencies and first responders. “The rest is just ransom.”

Cybercrime 274

Cybercrime Mobile Media Hacking 274

Malwarebytes

JANUARY 10, 2024

We have seen several high-profile accounts that were taken over on X (formerly Twitter) only to be used for cryptocurrency related promotional activities, like expressing the approval of exchange-traded funds (ETFs). The @SECGov X account was compromised, and an unauthorized post was posted. You’re all set.

Accountability 112

Accountability Scams Hacking Cryptocurrency 112

Hackology

JUNE 28, 2024

Market making in crypto is a critical function that ensures the smooth operation and liquidity of cryptocurrency markets. By providing liquidity , market makers enable traders to buy and sell assets with ease, ensuring that the markets remain stable and efficient. Who are the Market Makers in Crypto?

Cryptocurrency 59

Cryptocurrency Marketing Technology Banking 59

SecureList

JANUARY 13, 2022

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.

Cryptocurrency 145

Cryptocurrency Malware Accountability Banking 145

Security Affairs

SEPTEMBER 22, 2022

Malicious actors continue to target organizations in the cryptocurrency industry, the last victim in order of time is crypto trading firm Wintermute. ” Threat actors breached the company and performed multiple transactions that transferred multiple cryptocurrencies to a wallet under their control. ” reported Forbes.

Marketing 107

Marketing Cryptocurrency Accountability Hacking 107

Krebs on Security

DECEMBER 29, 2022

You just knew 2022 was going to be The Year of Crypto Grift when two of the world’s most popular antivirus makers — Norton and Avira — kicked things off by installing cryptocurrency mining programs on customer computers. A single bitcoin is trading at around $45,000.

Cryptocurrency 288

Cryptocurrency Cybercrime Computers and Electronics Scams 288

Krebs on Security

OCTOBER 31, 2022

Attorney for the Western District of Texas unsealed an indictment last week that named Mark Sokolvsky as the core developer for the Raccoon Infostealer business, which was marketed on several Russian-language cybercrime forums beginning in 2019. A selfie pulled from Mark Sokolovsky’s iCloud account. According to the U.S.

Malware 339

Malware Identity Theft Cybercrime Accountability 339

Security Affairs

OCTOBER 28, 2021

Threat actors have stolen $130 million worth of cryptocurrency assets from the Cream Finance decentralized finance (DeFi) platform. Threat actors have stolen $130 million worth of cryptocurrency assets from the decentralized finance (DeFi) platform. v1 lending markets were exploited and liquidity was removed on October 27, 1354 UTC.

Cryptocurrency 102

Cryptocurrency Marketing Hacking Financial Services 102

Security Affairs

MAY 3, 2019

German police have shut down one of the world’s largest black marketplace in the darkweb, the ‘Wall Street Market,’ and arrested its operators. Many Finnish narcotics sellers moved to the Wall Street Market. ” The anonymity of the payment was ensured by using Bitcoin and Monero cryptocurrencies. .”

Marketing 111

Marketing Cryptocurrency Cybercrime Advertising 111

Security Affairs

FEBRUARY 28, 2019

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.

Cryptocurrency 106

Cryptocurrency Advertising Hacking Marketing 106

Security Affairs

NOVEMBER 15, 2019

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.

Cryptocurrency 106

Cryptocurrency Identity Theft Accountability Media 106

Penetration Testing

OCTOBER 18, 2024

a 25-year-old from Athens, Alabama, for his alleged role in a cyberattack that rocked the cryptocurrency market earlier... The post Cybercriminal Arrested in Connection with SEC X Account Hack That Manipulated Bitcoin Market appeared first on Cybersecurity News.

Marketing 67

Marketing Accountability Hacking Cryptocurrency 67

SecureWorld News

JANUARY 10, 2024

Securities and Exchange Commission's (SEC) account on X (formerly Twitter) was briefly compromised on Tuesday, January 9, sending shockwaves through the cryptocurrency market and raising serious questions about the agency's cybersecurity practices. A fake announcement and market mayhem Shortly after 4 p.

Accountability 108

Accountability Hacking Marketing Cryptocurrency 108

SecureWorld News

FEBRUARY 9, 2022

billion in stolen cryptocurrency linked to a 2016 hack of virtual currency exchange platform Bitfinex, making it the largest seizure of its kind. The total amount of cryptocurrency the two were laundering is currently valued at approximately $4.5 based business accounts to legitimize their banking activity.".

Cryptocurrency 98

Cryptocurrency Accountability Hacking Banking 98

Krebs on Security

AUGUST 30, 2022

In a blog post earlier this month, Cloudflare said it detected the account takeovers and that no Cloudflare systems were compromised. 4 it became aware of unauthorized access to information related to a limited number of Twilio customer accounts through a sophisticated social engineering attack designed to steal employee credentials.

Mobile 339

Mobile Phishing Authentication Accountability 339

Krebs on Security

NOVEMBER 2, 2023

Among the most common ways that thieves extract cash from stolen credit card accounts is through purchasing pricey consumer goods online and reselling them on the black market. Once the drops receive and successfully reship the stolen packages, the stuffers then sell the products on the local black market.

Cybercrime 327

Cybercrime Marketing Scams Retail 327

SecureWorld News

FEBRUARY 9, 2021

These darknet markets hauled in a record amount of revenue last year, with customers around the globe spending $1.7 billion in cryptocurrency. Chainalysis, which tracks this kind of spending, recently shared new research breaking down darknet markets and their geographic distinctions in 2020. Geography of darknet markets.

Marketing 88

Marketing Cryptocurrency Manufacturing Accountability 88

Security Affairs

NOVEMBER 22, 2022

Two Estonian citizens were arrested in Tallinn for allegedly running a $575 million cryptocurrency fraud scheme. Two Estonian nationals were arrested in Tallinn, Estonia, after being indicted in the US for running a fraudulent cryptocurrency Ponzi scheme that caused more than $575 million in losses. ” continues the DoJ.

Cryptocurrency 98

Cryptocurrency Banking Marketing Hacking 98

SecureWorld News

AUGUST 19, 2021

Department of Justice (DOJ) announced that an Ohio resident, Larry Dean Harmon, pleaded guilty to money laundering through the use of Helix, a Dark Web cryptocurrency laundering service. Cybercriminal mixes millions of dollars in cryptocurrency. He admitted his role today in these activities and will now be held accountable.".

Cryptocurrency 98

Cryptocurrency Marketing Advertising Engineering 98

Penetration Testing

JANUARY 11, 2024

Yesterday, the SEC’s X account suddenly posted that it had approved at least one Bitcoin exchange-traded fund (ETF).

Marketing 87

Marketing Penetration Testing Hacking Cryptocurrency 87

Security Affairs

NOVEMBER 6, 2018

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. According to CryptoIns analysts, the crypto assets insurance market is expected to reach $7 billion by 2023. The full list of platforms is available on CryptoIns website.

Insurance 94

Insurance Cryptocurrency Cyber threats Marketing 94

Security Affairs

FEBRUARY 8, 2022

billion worth of cryptocurrency linked to the 2016 Bitfinex cryptocurrency exchange hack. Billion in stolen cryptocurrency stolen during the 2016 hack of Bitfinex. billion in cryptocurrency linked to that hack. based business accounts to legitimize activity. The law enforcement seized $3.6

Cryptocurrency 98

Cryptocurrency Hacking Accountability Marketing 98

Security Affairs

AUGUST 4, 2023

The couple pleaded guilty to money laundering charges in connection with the hack of the cryptocurrency stock exchange Bitfinex that took place in 2016. Billion in stolen cryptocurrency stolen during the 2016 hack of Bitfinex. billion in cryptocurrency (roughly 95,000 of the stolen crypto assets) linked to that hack.

Cryptocurrency 98

Cryptocurrency Hacking Accountability Banking 98

Krebs on Security

SEPTEMBER 26, 2024

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. A 2016 screen shot of the Joker’s Stash homepage. The links have been redacted. A screenshot of a website reviewing PM2BTC.

Cryptocurrency 292

Cryptocurrency Cybercrime Retail Government 292