Private currency exchange system Liberty Reserve was shut down by US law enforcement, it is considered most popular payment system by cyber criminals. Liberty Reserve is a private currency exchange system issued by Liberty Reserve S.A. Of San JosĂ©, Costa Rica that was shut down by US law enforcement with a deep impact on cybercriminal underground. The […]
The monitoring of the criminal underground is essential to understand the dynamics of cybercrime and related offer on the black market. At fixed intervals I decided to take a look at what is happening in the underground black market analyzing how evolves its offer and the related sales models. In the last months it has been […]
As can be imagined and anticipated the soar of Bicoin value has attracted the interest of cybercrime, recently we read of malware authors and botmasters that trying to exploit new and old channels to steal virtual currency or mine it using computational resources of the victims. Security experts from Kaspersky Lab found variant of malware spread via […]
Recently I wrote an article related the link between the soar of Bicoin value and expected increased interest of cybercrime to the virtual currency. In the post I anticipated the we will assist to the increase of DDoS attacks and data breach against principal Bitcoin exchanges and services providers, I also introduced the possibility to […]
Surge in the value of , also increasing crimes related to the currency digital The most attentive readers and those who are interested in the main trends of virtual currency will surely have noticed the soaring of prices of Bitcoin in the last month, an inexorable growth motivated by a time of economic uncertainty on […]
On this day Bitcoin turns 4 years old. As any 4 year old will tell you this has been a wild ride. From a little know digital currency to todayâs acceptance into the legal banks and marketplace this little currency that could has shocked world leaders, stunned banking officials all over the world trading and […]
On September 2012 the German security firm G Data Software detected a botnet with a particular feature, it is controlled from an Internet Relay Chat (IRC) server running as a hidden service of the Tor. There are pro and cons for this design choice, of course the greatest advantage resides in the difficulty for the localization of the […]
Virtual currency schemas, despite used by large communities, face with intrinsic instability that makes them not ideal for investments for financial entities. Banking systems represents the unique opportunity for investors that while accepting the risks related to financial transactions donât want to work with a currency with no real equivalent or that it is managed […]
In the last decade the cybercrime had made a substantial leap forward of the main threats to the security of each government. The turnover has reached unimaginable numbers attracting ordinary crime and creating new partnerships between organized crime and cybercrime making impossible to indistinguishable them. Group of criminals are paying cybercriminals to receive […]
After the publishing of the book “Deep Dark Web” many colleagues asked me to explain how does work the finance in hidden world and which is the currency used for the transactions? Of course I receive many question also on Bitcoin by common people so I decided to introduce the basic concepts behind the famous […]