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A financial firm registered in Canada has emerged as the payment processor for dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services aimed at Russian-speaking customers, new research finds. A machine-translated version of Flymoney, one of dozens of cryptocurrency exchanges apparently nested at Cryptomus.
Hackers have stolen more than $600m cryptocurrency through a vulnerability in the systems of Blockchain site Poly Network. Note 2- Out of all Bitcoins, shortly called as BTC are turning highly lucrative to cyber crooks, as the currency value against dollar is highly volatile.
Crooks stole at least $69 million from Singapore-based cryptocurrency platform Phemex in an alleged cyberattack. On Thursday, researchers at the blockchain security firm PeckShield noticed a suspicious ‘outflow of large funds from the cryptocurrency platform. pic.twitter.com/qT71TJHXPJ — PeckShield Inc. worth of cryptos.
The world’s largest cryptocurrency mining pool, BTC.com, announced it was the victim of a cyberattack that resulted in the theft of approximately $3 million worth of crypto assets. BTC.com is the seventh largest cryptocurrency mining pool, accounting for 2.66% of the network’s total hash rate, according to its mining pool tracker.
Indian cryptocurrency exchange WazirX has confirmed that it was the target of a security breach that led to the theft of $230 million in cryptocurrency assets. "A A cyberattack occurred in one of our [multi-signature] wallets involving a loss of funds exceeding $230 million," the company said in a statement.
The digital operations of the multinational company Bureau Veritas(BV) was brought to a halt when hackers launched a cyberattack on the IT infrastructure of the company that offers lab testing, inspection and certification services. The post CyberAttack on Bureau Veritas appeared first on Cybersecurity Insiders.
The United States Department of Justice has charged 3 North Korean for allegedly launching cyberattacks on many of the banking and cryptocurrency networks operating across the world. attack aka Not Petya ransomware attack. billion in cash and digital currency from entities operating across the world.
Singapore-based cryptocurrency exchange KuCoin disclosed a security breach, hackers stole $150 million from its hot wallets. Singapore-based cryptocurrency exchange KuCoin disclosed a major security incident, the hackers breached its hot wallets and stole all the funds, around $150 million. It seems #Kucoin got hacked.
Japan-based Cryptocurrency Exchange Company named ‘Liquid’ was reportedly hit by a cyberattack after which the cyber crooks managed to pull $97 million directly from the e-wallets of several customers.
All the world leaders who took part at the G7 Summit held in Cornwall, UK have agreed on a unanimous note that ransomware and cyberattacks have emerged as the biggest threats to their nation in recent times. The post Ransomware and CyberAttacks were hot topics at G7 Summit appeared first on Cybersecurity Insiders.
Which are the cyberattacks of 2021 that had the major impact on organizations worldwide in terms of financial losses and disruption of the operations? Federal Bureau of Investigation confirmed that the Colonial Pipeline was shut down due to a cyberattack carried out by the Darkside ransomware gang. Pierluigi Paganini.
The New Zealand-based cryptocurrency exchange Cryptopia suffered a new cyber heist while it is in liquidation due to a 2019 security breach. In 2019, the New Zealand-based cryptocurrency exchange Cryptopia discloses a cyberattack that took place on January 14th. ” reads the post published by stuff.co.nz.
Brewery company Molson Coors has made it official that its IT infrastructure was reigning under a major cyberattack that has brought its Beverage production to a complete standstill. The post Ransomware CyberAttack on Molson Coors appeared first on Cybersecurity Insiders.
Chinese threat actors use Quad7 botnet in password-spray attacks FBI arrested former Disney World employee for hacking computer menus and mislabeling allergy info Sophos details five years of China-linked threat actors’ activity targeting network devices worldwide PTZOptics cameras zero-days actively exploited in the wild New LightSpy spyware (..)
Earlier, the threat actors only used to lock down the database until a ransom in cryptocurrency was paid. The post Gloucester City Council hit by a possible Ransomware CyberAttack appeared first on Cybersecurity Insiders.
A man from Indiana pleaded guilty to stealing over $37M in cryptocurrency from 571 victims during a 2022 cyberattack. In February 2022, Light participated in a cyberattack on an investment firm in Sioux Falls, South Dakota, stealing over $37,000,000 worth of cryptocurrency from 571 victims.
BITPoint Japan-based cryptocurrency announced that hackers have stolen more than $32 million (3.5 billion yen) worth of cryptocurrency due to a cyberattack. BITPoint Japan-based cryptocurrency was victim of a cyberattack, the Remixpoint’s subsidiary announced that hackers have stolen more than $32 million (3.5
A cyberattack launched and identified on March 26th of this year has triggered the incident response teams of Western Digital (WD) to take appropriate steps to mitigate the cyber risks of the incident. The post Western Digital shuts systems due to CyberAttack appeared first on Cybersecurity Insiders.
An 8 member group of cyber criminals reportedly indulged in cyber crime involving cryptocurrency steal and personal information of many celebrities pertaining to Sports and Movie field of United States. The post British cyberattack steals bitcoins from US Sports and Movie stars appeared first on Cybersecurity Insiders.
So, he contacted some private investigators by spending $10,000 to discover those behind the cyber incident that stole almost his life’s earnings. Two British Youths who were minors in 2018 were found guilty in the cryptocurrency heist that made Andrew lose almost 95% of his life earnings that weren’t recovered still.
CISA adds Windows and Qualcomm bugs to its Known Exploited Vulnerabilities catalog Three new Ivanti CSA zero-day actively exploited in attacks Ukrainian national pleads guilty in U.S. Every week the best security articles from Security Affairs are free in your email box.
On the security front, a research carried out by Cybersecurity Ventures has predicted that the cyberattacks on online business will bring an estimated loss of $6 trillion to companies operating across the globe by 2021 and the gaming industry is said to be impacted the most.
The Australian brewery and dairy conglomerate Lion was hit for the second time by a cyberattack, media reported. This is the second cyberattack is a few days, last week the systems at Lion were infected with the REvil ransomware and attackers demanded a ransom of reportedly $1 million last week.
According to a report published by Japanese news resource Nikkei, it has been revealed that the North Korean government is actively engaging in cyberattacks on the digital infrastructure of its adversaries. These cyberattacks have proven to be a lucrative source of income for the reclusive nation.
As the victim received a ransom demand in Tornado Cash on April 11th, 2023, the Albanese-led government is considering banning cryptocurrency usage and circulation to block ransomware payments. Technically, transactions related to digital cryptocurrencies like Bitcoin and Monero are anonymous and therefore hard to ban.
As soon as cryptocurrency exchanging firm BadgerDAO learnt that a threat actor has stolen more than $100m funds from user accounts, the company somehow passed on a compensation proposal to the hacker against the cyber heist he/she conducted.
Foremost is the cyberattack that hit a third party IT service provider that operates most of the websites of government agencies related to New Zealand. New Zealand’s National Cyber Security Centre (NCSC) has launched a probe on this note and is suspecting the hand of foreign state hackers.
Since June 11th, 2023, Floating Point Group (FPG) has been hit by a devastating cyberattack, leading to the suspension of all trading, deposits, and withdrawals. While the company has not provided a specific timeline, it has reassured users that its IT staff are working tirelessly to mitigate the risks associated with the attack.
IOTA Foundation behind the IOTA cryptocurrency was forced to shut down its entire network following a cyberattack that resulted in the theft of funds. In response to the incident, the IOTA Foundation, the nonprofit organization behind the IOTA cryptocurrency , has decided to take down its entire network. .
NOTE- From the past two to three years, North Korea, under the regime of Kim Un Jong, has been launched financially motivated cyberattacks to fund the nuclear ambitions of Jong. Its prime targets so far have been cryptocurrency exchanges, NFT marketplaces, banks, investors and other type of funding organizations. .
A survey taken up by CrowdStrike has confirmed that there would probably be an increase in cyberattacks from North Korea as the nation is struggling with economic crisis and food shortage in the nation because of the corona-virus pandemic.
Phishing often serves as the gateway to cyberattacks, opening the door to impactful follow-on activity like malware and ransomware deployment or access to internal networks, ultimately causing substantial financial losses. This rise is largely driven by financially motivated threat actors looking to maximize their profits.
France Minister Cedric O has cleared the air that local mafia type organizations were behind cyberattacks on two of the healthcare organizations of France and no state funded organizations were involved in the incident. The post Local mafia was behind cyberattacks on French Hospitals appeared first on Cybersecurity Insiders.
Russian Cybersecurity firm Kaspersky has warned all those who have a used to the habit of storing digital currency in their e-wallets, and this includes those dealing with cryptocurrency like Bitcoins and Monero as well. The post Keep your e-wallets safe from CyberAttacks says Kaspersky appeared first on Cybersecurity Insiders.
News is out that social security numbers of nearly 35,000 users were leaked in a cyberattack that could have emerged from a credential stuffing campaign launched by a state funded actor. According to the update provided by a source from PayPal, the attack took place on December 6 and was identified at the end of last month.
Group-IB has estimated that crypto exchanges suffered a total loss of $882 million due to targeted attacks between 2017 and 2018. In most cases, cybercriminals, while attackingcryptocurrency exchanges, use traditional tools and methods, such as spear phishing, social engineering, distribution of malware, and website defacement.
First news is about a cyberattack on two energy companies operating in Luxembourg. According to the web, two energy firms Creos and Enovos, both business units of Encevo Group, were targeted by a ransomware attack on the night of July 22 this year. However, electricity and gas supply weren’t disrupted by the digital disruption.
Introduction Cryptocurrency represents a groundbreaking innovation in the financial sector, offering decentralized, peer-to-peer digital transactions through blockchain technology. However, the allure of these digital assets also attracts malicious actors, making cryptocurrency security paramount.
Every week or month a company in Australia is falling prey to cyberattack and the latest to add to the list is TPG Telecom LTD. And the primary motive of the cyber criminals could be to search for businesses connected to cryptocurrency and finance.
Crypto-payments service provider CoinsPaid suffered a cyberattack that resulted in the theft of $37,200,000 worth of cryptocurrency. CoinsPaid, a crypto-payment service provider, fell victim to a cyberattack, leading to the theft of $37,200,000 worth of cryptocurrency.
The North Korean threat actor tracked as Kimsuky has been observed deploying a previously undocumented Golang-based malware dubbed Durian as part of highly-targeted cyberattacks aimed at South Korean cryptocurrency firms.
authorities have recovered $31 million in cryptocurrency stolen during the 2021 cyberattacks on Uranium Finance. authorities recovered $31 million in cryptocurrency stolen in 2021 cyberattacks on Uranium Finance, which is a decentralized finance (DeFi) protocol built on Binances BNB Chain.
The North Korea-linked Lazarus Group has been attributed to a new cyberattack campaign dubbed Operation 99 that targeted software developers looking for freelance Web3 and cryptocurrency work to deliver malware.
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