By CCN Markets: 19 percent of survey participants have reported that they had experienced hacking attacks on cryptocurrency exchanges while 15 percent of consumers have become victims of crypto fraud, Kaspersky says. An excerpt from the cybersecurity firm’s report read: “Cryptocurrency certainly has its benefits but, as we can see, many consumers are still unaware of what they are due to concerns over security and how the technology works. It is an exciting industry to be involved in but it is one that is built upon trust. It is, therefore, imperative that cryptocurrency businesses do all they can to protect
A statement issued by the People’s Government of Yiling District, Yichang has revealed that Chinese officials have been the target of a ransomware email attack in recent days.
Chinese Government Officials Face Ransomware Attack
A statement issued by a Chinese provincial government website has announced that the National Network and Information Security Information Center has identified overseas hackers targeting the websites of government departments with emails containing ransomware.
The popularity of Fortnite, the multi-platform battle royale game, has surged higher than anyone could have anticipated in 2018. So much so that it has now drawn the attention of malicious cryptocurrency hackers. According to a recent report by Malwarebytes, which develops an anti-malware software for Microsoft Windows, macOS, Android and iOS, a number of malicious […]
1Broker, a Marshall Islands-based securities dealer and bitcoin trading platform, was recently taken down by the US authorities. The FBI seized the domain of 1Broker, shutting down the platform for allegedly violating money laundering regulations and distributing securities as an unregistered dealer. The official announcement of the US Securities and Exchange Commission (SEC) read: “The
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Popular Ethereum wallet MyEtherWallet (MEW) has recorded more attempted attacks by hackers than Fortune 500 banks, according to reports from leading cybersecurity firm Segasec. Segasec has been responsible for defending MEW from malicious attacks. Such attempted attacks don’t come as a surprise, knowing the amount of valuable Ethereum tokens accessed through the MEW platform. As
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Malware aimed at Bitcoin ATMs is being sold in underground markets, according to Trend Micro security researchers. For $ 25,000, malware exploiting a service vulnerability allows users to nab bitcoin price equivalent in euros, USD, or British pounds.
For $ 25,000, Bitcoin ATM Malware is Available on Underground Markets
Senior Threat Researcher at Trend Micro, the firm alerting enthusiasts, Fernando Mercês, explained, “Unlike regular ATMs, there is no single set of verification or security standards for Bitcoin ATMs. For example, instead of requiring an ATM, credit, or debit card for transactions, a Bitcoin ATM involves the use of mobile numbers and ID cards for user identity verification.”