What do you get when you add Bitcoin, with a TOR network proxy and cybercriminals? Even more cybercrime! Bitcoin is the preferred cryptocurrency for ransomware payments. Like most cryptocurrencies it is largely anonymous, allowing the ransoming cybercriminals to collect their money while staying safely in the shadows. Even though Bitcoin is the most popular cryptocurrency, […]
Security experts at Trend Micro have analyzed malware and a tool used by the Lazarus APT group in the recent attacks against financial institutions. Security experts at Trend Micro have analyzed the attacks conducted by the notorious Lazarus APT group against financial institutions. The activity of the Lazarus Group surged in 2014 and 2015, its […]
The development team behind the popular Electrum Bitcoin wallet app has issued an emergency patch for a critical vulnerability in the company bitcoin wallets. Electrum is a free application thatâs used by many cryptocurrency sites to store bitcoin. Administrators can run their own Electrum server and the software supports hardware wallets such as Trezor, Ledger and Keepkey. The […]
Researchers from the mobile security firm Lookout have discovered three fake Bitcoin wallet apps in the official Play store, Google promptly removed them. Experts from mobile security firm Lookout have discovered three fake Bitcoin wallet apps in the official Play store. The fake Bitcoin wallet apps were removed by Google Play after security researchers reported their discovery […]
Security experts from Secureworks revealed the Lazarus APT group launched a spearphishing campaign against a London cryptocurrency company. The dreaded Lazarus APT group is back and launched a spearphishing campaign against a London cryptocurrency company to steal employee credentials. The activity of the Lazarus Group surged in 2014 and 2015, its members used mostly custom-tailored malware in their attacks […]
According to Fortinet, crooks are abusing the Orcus RAT to target Bitcoin investors with their malicious software. Crooks always follow money trying to catch any opportunity, such as the recent spike in the value of Bitcoin. According to the experts from Fortinet, cybercriminals are abusing the Orcus RAT to target Bitcoin investors with their malicious […]
The cryptocurrency mining market NiceHash confirmed it has fallen victim to a hacking attack that may have resulted in the loss of $60m worth of Bitcoin Cryptocurrency companies continue to be a privileged target of hackers, the last victim in order of time is the cryptocurrency mining market NiceHash. The NiceHash marketplace allows users to buy […]
Some websites use a simple trick to keep their cryptocurrency miners scripts running in the background even when the user has closed the browser window. Website administrators and crooks are looking with an increasing interest at JavaScript-based cryptocurrency miners due to rapid increase in cryptocurrency prices. These scripts exploit the CPU power of their visitor’s PC to mine Bitcoin […]
A federal judge in the California court has ruled that cryptocurrency exchange portal Coinbase must hand over details of over 14,000 users to the US IRS. In November 2016, the US Internal Revenue Service (IRS) has filed a motion asking the US Federal Court of Northern California to force the US-based cryptocurrency exchange portal to […]
According to PowerCompare.co.uk, the electricity used to mine Bitcoin this year is bigger than the annual usage of almost 160 countries. While the price of cryptocurrencies such as the Bitcoin continues to increase the interest of investors and crooks in this new industry is demonstrated by disconcerting data that I’m going to share with you. According to […]