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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. The now-defunct and always phony cryptocurrency trading platform xtb-market[.]com,
In a security blog about Octo Tempest Microsoft states: “Octo Tempest monetized their intrusions in 2022 by selling SIM swaps to other criminals and performing account takeovers of high-net-worth individuals to steal their cryptocurrency.” Create offsite, offline backups. Don’t get attacked twice.
In 2022, Octo Tempest began selling SIM swaps to other criminals and performing account takeovers of high-net-worth individuals in order to steal their cryptocurrency. Create offsite, offline backups. Keep backups offsite and offline, beyond the reach of attackers. Don’t get attacked twice.
Among its victims are Tonga Communications Corporation (TCC), a state-owned telecommunications company, and oil and gas regulator company PetroChina Indonesia. The agencies have reason to believe cryptocurrency ransom payments from such operations support DPRK's "national-level priorities and objectives."
Victims are instructed to pay a ransom payment, usually demanded in cryptocurrency, in exchange for the decryption key. Sopra Steria - One of the Largest Reported Ransoms Europe's major IT services firm Sopra Steria was breached in October 2020 by the Ryuk gang, with extensive backups preventing major disruption.
Finally, negotiations with the victims may be handled by yet another team and when the ransom is paid out, a whole new set of skills is needed to launder the cryptocurrency obtained. They interact with each other through internet handles, paying for services with cryptocurrency. Monero (XMR) cryptocurrency is used for payment.
ECC is used for email encryption, cryptocurrency digital signatures, and internet communication protocols. Second, encryption key rotation can render data stored in backups or on removable media inaccessible. Pressure on both professional and personal encryption can also be seen in government legislation.
Treasury removed sanctions against the crypto mixer service Tornado Cash Zero-day broker Operation Zero offers up to $4 million for Telegram exploits RansomHub affiliate uses custom backdoor Betruger Cisco Smart Licensing Utility flaws actively exploited in the wild Pennsylvania State Education Association data breach impacts 500,000 individuals Veeam (..)
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