A massive increase in eCrime behavior can easily disrupt business operations
During 2019, financially motivated cybercrime activity occurred on a nearly continuous basis, according to a CrowdStrike report. There was an increase in incidents of …
crypto currency
2019 experienced massive spate of crypto crimes, $4.4 billion to date
With only seven months left for nations to pass laws and virtual asset service providers (VASPs) to comply with the guidelines, the majority of cryptocurrency exchanges are …
Monero Project site compromised, served malware-infected binaries
The official website of the Monero Project has been compromised to serve a malware-infected version of the CLI (command-line interface) wallet. The malicious file was …
Thefts from cryptocurrency exchanges continue despite increased security
Although exchanges, wallets and other cryptocurrency custody services are strengthening their defenses, attackers continue to innovate and outpace even the current state of …
Ransomware and malware attacks decline, attackers adopting covert tactics
There has been a major decline in ransomware and malware attacks, with Ireland having some of the lowest rates globally, according to the latest report released by Microsoft. …
A wave of regulation is coming to the cryptocurrency economy
There is a concerning trend of cross-border crypto payments leaving U.S. exchanges and entering offshore and untraceable wallets, a CipherTrace report reveals. In the twelve …
Research on private key generation reveals theft of ETH funds from accounts with discoverable keys
Researchers at Independent Security Evaluators (ISE) have discovered 732 actively used private keys on the Ethereum blockchain. In their new study titled Ethercombing, ISE …
The correlation between DDoS attacks and cryptomining
There is a direct correlation between cryptocurrency and DDoS attacks. As the price of cryptocurrency dropped in 2018, leading to decreased profits from cryptomining, hackers …
What is shadow mining and why is it a security threat?
The majority of organizations are overlooking the threat of shadow mining, with 65 percent of organizations unfamiliar with the term and more than half (57 percent) unfamiliar …
Lessons learned from the many crypto hacks
The one poignant lesson that crypto investors globally have learned over the years is that despite the immutable, impenetrable nature of the technology behind cryptocurrencies …
Cryptojacking of businesses’ cloud resources still going strong
In the past year or so, many cybercriminals have turned to cryptojacking as an easier and more low-key approach for “earning” money. While the value of …
Increasing security measures are driving cybercriminals to alter their techniques
Increased security measures and awareness are driving cybercriminals to alter their techniques in search of a better return on investment (ROI). Total recorded vulnerabilities …
