Category: Cybersecurity

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Bitcoin Scam Exposes Thousands to Data Breach

Thousands have their personal data leaked by a crypto-based phishing scam. Fraudulent websites successfully have stolen the personal records of a number of individuals from the U.K., Australia, South Africa, the U.S., Singapore, Malaysia, Spain, and more. The attack was executed as a targeted multi-stage Bitcoin (BTC) scam propagated by a number of fraudulent websites.…
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California University Pays Million-Dollar Crypto Ransom

The University of California at San Francisco has paid a million-dollar ransom following unsuccessful negotiations with a ransomware hacker group. The University of California at San Francisco School of Medicine reportedly paid a $1.14 million ransom in cryptocurrencies to the hackers behind a ransomware attack on June 1. According to CBS San Francisco, the UCSF…
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Researchers Say Ransomware Attacks on the Rise as More People Work From Home

Proofpoint research shows that phishing-based ransomware attacks are on the rise amid the COVID-19 pandemic. A study published by cybersecurity firm, Proofpoint, shows an increase in email-based phishing attacks used to deliver ransomware over the last few months. According to the report, first-stage deployments of ransomware are reportedly on the rise and have mostly been…
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Researchers Say New Lightning Network Attack Could Create ‘Chaos’

The Lightning Network is susceptible to attacks that could drain Bitcoin wallets by flooding the blockchain. A study published on June 29 revealed a way to drain Bitcoin (BTC) wallets’ funds on the Lightning Network by exploiting a bottleneck in the system. According to the “Flood & Loot: A Systemic Attack On The Lightning Network”…
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Massive Cyberattack on Australia Uses Cryptojacking Exploits

A report from the Australian Cyber Security Centre highlights a vulnerability related to attacks using cryptojacking malware. The Australian Cyber Security Centre said a group of “state actors” hacked Australian networks on June 19 and one of the vulnerabilities they exploited is related to cryptojacking malware attacks.  According to the 48-page report released on June…
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Transnational Cybercrime Group Co-Founder Who Amassed $568M Pleads Guilty

The co-founder of the Infraud Organization pleaded guilty to racketeering charges before a U.S. District Court in the District of Nevada. A Russian national behind the cybercriminal enterprise Infraud Organization has pleaded guilty on June 26 to racketeering conspiracy, due to his role as a co-founder and admin of the dark web-based carding portal which…
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Ransomware Gang Failed to Deploy an Attack Against 30 US Firms

Symantec revealed that a WastedLocker ransomware attack was blocked on time after an early alert by the cybersecurity firm. Cybersecurity firm Symantec blocked a ransomware attack by a group known for demanding payment in Bitcoin (BTC) directed at 30 U.S.-based firms and Fortune 500 companies. The announcement published by the cybersecurity firm claims that the…
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New Research Shows Massive Internet Spying, Several Crypto Sites Listed

New findings show a major domain provider as a focal point for massive global spying. A mammoth global spying and data theft effort currently leaves web surfing citizens at risk, with several Bitcoin and crypto domains included in the mix, according to research from Awake Security.  At the heart of the problem — a web…
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LG and Mitsubishi Hit by Ransomware Attacks, Data Leak ‘Coming Soon’

Maze and Doppelpaymer are threatening to leak data from LG and Mitsubishi respectively after launching a ransomware attack. Two ransomware gangs reportedly attacked the electronics giant, LG, and Japanese multinational car manufacturer, Mitsubishi. The hackers are now threatening both companies with data leaks. Screenshots posted to the gang’s blog show several files, as well as…
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Singapore Witnessed a Surge in Ransomware Attacks During 2019

The Singaporean government revealed that ransomware attacks surged in 2019 by accounting 35 cases. A report from the Cyber ​​Security Agency of Singapore, or CSA, shows that the number of ransomware attacks cases rose in 2019, compared to figures recorded in 2018. According to a “Cyber ​​Landscape 2019” study published by the Singaporean government, the…
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