Bitfinex wants to recover Bitcoin stolen from it in 2016, even if that means paying to find the hackers responsible for the attack. Crypto exchange Bitfinex is offering up to $400 million to anyone who can lead it to the hackers who stole over 120,000 Bitcoin (BTC) in August 2016. According to the company’s post on…
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Cybergang Evil Corp hackers reportedly demanded $10M to restore full access to Garmin’s customer support services and navigation solutions. Multinational tech company Garmin may have paid some or all of a $10 million crypto ransom to hackers who managed to encrypt the firm’s internal network and take down several of its services on July 23.…
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BlackBerry exec believes that many businesses don’t have a great visibility about the combination of crypto mining apps with malware. Cryptojacking attacks are both an internal and external threat, as the hacking groups are getting more organized in attempts to exploit vulnerabilities in the networks. However, there are also cases where some admins use valid…
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FIX Network is partnering with NEM to provide a solution that prevents SIM swapping. In the US alone, over $55m has been stolen through SIM swapping attacks since 2018. NEM, a blockchain-based ecosystem, believes that decentralized apps could provide a meaningful solution to this problem. According to NEM, they’re working with a solution called “FIX…
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Researchers at Intezer discovered a new malware that relies on the Dogecoin blockchain network to deploy the attack against cloud servers. A new study indicates that hackers are actively relying on the Dogecoin (DOGE) blockchain to expand a malware payload named “Doki.” According to cybersecurity researchers at Intezer, Doki is a fully undetected backdoor that…
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Crypto wallet provider Trezor shares that they delete all sensitive data from their customers’ orders every 90 days. Following Ledger’s confirmed data breach on June 17, competing hardware wallet manufacturer Trezor cheekily made their followers aware that they frequently purge their systems of all customer order data, including email addresses — apparently every 90 days.…
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Hardware wallet provider Ledger said its marketing database was breached between June and July. Major cryptocurrency hardware wallet provider Ledger has alerted customers to a data breach it faced in June and July. In an email on July 29, the company said it was made aware of the breach on July 14 when a researcher…
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A new ransomware from North Korea targets major companies. A group of hackers associated with the North Korean regime have kept their crypto extortion efforts alive in 2020. A group of North Korean hackers operating under the name “Lazarus” targeted several crypto exchanges last year, according to a report published by Chainalysis. One of the…
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The leader of the cybercriminal group Evil Corp reportedly led the attack against Garmin. Garmin, a multinational tech company, has been operating at less than full capacity following a ransomware attack launched by the Russian cybergang, Evil Corp. Garmin is being extorted for a $10 million ransom, to be paid in cryptocurrency. According to a…
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A ransomware attack against Garmin affected pilots that rely on the company’s support for aviation navigational equipment. Smartwatch maker and data-syncing service provider, Garmin, was the subject of a ransomware attack that took down several of its services on July 23, which managed to encrypt its internal network. According to a series of tweets published…
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