Facial recognition can help prevent future Bitcoin (BTC) scams like those that hit Twitter and YouTube, said Rod Hsu, president and co-founder of virtual currency platform Coincurve.Read more
Year after year, the ransomware landscape changes dramatically. In 2019, a new resurgence of attacks occurred as businesses and government institutions became the main targets of ransomware, given their capacity to yield larger payouts.Read more
The FDA-approved Coronavirus ventilator manufacturer Boyce Technologies has been targeted by ransomware launched by the DoppelPaymer gang, who are threatening to leak data from the company.Read more
Multinational corporation Canon reportedly fell victim to a ransomware attack launched by Maze group against its email and storage services and it’s U.S. website on July 30th. Maze has threatened to leak the pics and data if a crypto ransom is not paid.
A recent report contends that Ledger App has failed to fix a major vulnerability that allows for a “Bitcoin Fork” attack.
Mo Nokhbeh claims Ledger’s wallet fails to properly isolate the apps responsible for authorizing the transactions of different assets.
Crypto exchange Bitfinex is offering up to $400 million to anyone who can lead them to the hackers who stole over 120,000 Bitcoin (BTC) in August 2016.
According to the company’s post on August 4, they are even willing to reward the hackers themselves.
Cybersecurity firm McAfee released a study showing the activities of NetWalker, a ransomware first known as Mailto that was initially discovered in August 2019.
According to the report, the operators of NetWalker have collected over $25 million from ransom payments since March 2020.
A European cryptocurrency trading platform called 2gether was recently targeted by an unknown group of hackers. These bad actors stole over 1.183 million Euros ($1.39M) from the service’s investment accounts in a cyberattack on July 31.Read more
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.Read more
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.Read more