Category: Cybersecurity

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Crypto Management App Denies Being Hacked

London-based crypto-financial technology startup denied Sixgill’s claims that its database was stolen by hackers. Plutus, a crypto finance app founded in 2015, denied social media reports that its database was compromised by a hacking attack launched by alleged threat actors. On July 9, Israel-based threat intelligence firm, Sixgill, published an alert through their official Twitter…
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Your Passwords Could Be For Sale on the Dark Web Right Now

Digital Shadows warned that over 15 billion credentials are exposed on the dark web for sale and some of them are even available for free. A recent study revealed that over 15 billion credentials are in circulation via the dark web, representing a 300% increase since 2018. Available information ranges from network access credentials, banking…
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Successful Ransomware Attacks Decline in 2020

A report published by Emsisoft revealed a strong decline in successful ransomware attacks during Q1 and Q2 2020. The number of successful ransomware attacks witnessed a decrease between January and April 2020 in the U.S. public sector amid the COVID-19 crisis. However, researchers have recently noticed that trend reversing, with incidents now starting to increase.…
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Why Does Binance’s Android App Need to Use Your Microphone?

Users accuse Binance’s Android app of being spyware for the Chinese government. Twitter users have raised concerns about the possibility of Binance’s Android app containing spyware. This speculation comes after recent revelations suggest that the social video platform, TikTok, contains spyware created by the Chinese government. According to the Twitter user @ShitcoinSherpa, who posted a…
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The US Secret Service Issues Ransomware Warning

The US Secret Service issued a security alert about ransomware attacks. The U.S. Secret Service issued a warning about an increase in hacks targeting managed service providers, or MSPs, of both the U.S. private sector and various government entities. According to a document published by ZDNet on June 7, threat actors have been widely relying…
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Hacker Group Amassed $7M in Crypto by Selling Stolen Credit Cards

Hackers profited over $7 million by selling the data via dark web. A hacker gang known as “Keeper” established an interconnected network to steal credit card data from over 570 e-commerce sites. Since 2017, they have profited around $7 million in crypto by selling card information through the dark web. According to a July 7…
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How Bitcoin Is Becoming Both Resistance Money and a National Security Concern

Meltem Demirors and Andy Bromberg spoke at a Unitize panel on the future evolution of Bitcoin and how geopolitics is beginning to enter the ecosystem. In little more than 10 years, Bitcoin (BTC) grew from a small cypherpunk community to a matter of national security with vast implications for geopolitics. At the Unitize panel titled…
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The Five Most Malicious Ransomwares Demanding Crypto to Watch Out For

As tech advances, so too, do the malware attacks. Amid a pandemic, ransomwares are turning to privacy-centric coins to get away with crime. As interconnectivity turns the world into a global village, cyberattacks are expectedly on the rise. According to reports, the tail end of last year saw a spike in the average amount of…
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Ransomware Targets Outdated Microsoft Excel Macros to Deploy Attacks

Avaddon ransomware is exploiting Excel 4.0 macros to deploy an attack against users. Microsoft Security Intelligence alerted users to a type of ransomware, called Avaddon, that uses Excel 4.0 macros to distribute malicious emails. These emails contain attachments which deploy an attack when opened in any version of Excel. Avaddon ransomware emerged in early June…
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Binance Security Report Sheds Light On Crypto Scams

A report released by crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility. A report released by major crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility. In the report published on June 30, the exchange explained that its Binance Sentry risk investigation service observed reports of…
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