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Tag: Bitcoin

Dangerous hacks from the last few months
3 November 2021
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| Short news
B2B Cyber ​​Security ShortNews

Some of the hacks in the past few months have been terrifyingly successful. Networks were hacked, Bitcoin exchanges attacked and coins stolen, and personal data of the FBI stolen. A brief overview. In August 2021, cyber criminals targeted cryptocurrencies at PolyNetwork and Liquid. Personal data was captured by the FBI's Terrorist Screening Center and journalists and activists in the Middle East, among others. PolyNetwork hacked and Bitcoin stolen The interoperability platform PolyNetwork, a bridge blockchain to exchange cryptocurrencies without a centralized exchange, was the victim of an unknown attacker. This exploited a security gap within the platform and ...

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Attempts to scam potential cryptocurrency investors
September 8, 2021
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| Kaspersky, Short news
Kaspersky_news

Trading in crypto currencies is enjoying unbroken popularity and is therefore attracting more and more cyber criminals. Kaspersky experts have identified more than 1.500 fraudulent websites worldwide and blocked more than 70.000 attempts to visit malicious sites worldwide. Cyber ​​criminals use a variety of methods to attract prospects in these fraud attempts. These include: Fake crypto exchange websites: Users are promised an alleged voucher to top up their crypto exchange account. In order to redeem this, however, a verification payment of up to 0,005 Bitcoin (about 200 US dollars) must be made, which is sent directly to the cyber criminals ...

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What are cyber criminals doing with the millions of ransom money?
August 12, 2021
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| PR News, Sophos
What are cyber criminals doing with the millions of ransom money?

Ransomware washes a fortune into cybercriminals' cryptocurrency accounts. But where does all the money go? A life in luxury? Research by Sophos shows that a lot of money is being invested in further attacks. So whoever pays will also finance the next attack on themselves. Where are the millions of Bitcoins & Co. going that the victims of ransomware attacks pay their extortionists on the assumption that they will get their confiscated data back in this way? At least once there was a hunch: When suspects were arrested in Ukraine who were in ...

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Cryptocurrency and cyber crime
August 6, 2021
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| Barracuda, Stories

Cryptocurrency and Cybercrime: How Bitcoin and Co. are fueling cyber extortion, BEC and ransomware. Cryptocurrency is a type of currency that is only available in digital form. Due to its decentralized nature and lack of regulation, it has become a preferred means of payment for cyber criminals. Traditionally it has been used for blackmail and ransomware attacks, but hackers have now also started using it for spear phishing, impersonation and business email compromise (BEC) attacks. The following article examines how cybercriminals operate and explains protection strategies. Rise in Bitcoin Price and E-Mail Threats As the price of Bitcoin tends to rise sharply and the public ...

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Bitcoin scam campaigns on behalf of Elon Musk and Tesla
June 13, 2021
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| Bitdefender, Short news
Bitdefender_News

Bitdefender Labs warn of Bitcoin fraud campaigns on behalf of Elon Musk and Tesla. Cyber ​​scammers are taking advantage of the increased interest in cryptocurrencies. Cyber ​​criminals are always very creative. The experts at Bitdefender Labs have now come across a particularly brazen scam. In the name of Tesla CEO Elon Musk and under the pretext of giving away Bitcoins (BTC), tens of thousands of fraudulent emails were sent to Internet users as part of two campaigns. The first campaign is largely based on German IP addresses. Scam 1: Elon Musk gives you Bitcoin worth ...

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The rise of Ryuk ransomware
23 January 2021
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| PR News
Ryuk ransomware Bitcoin

The Ryuk ransomware has gained massive popularity among cyber criminals. The number of attacks detected rose from just 5.123 in Q3 2019 to over 67 million in Q3 2020, according to a security study by SonicWall. This equates to about a third of all ransomware attacks carried out this quarter. Ryuk's explosive growth also caused the total number of ransomware attacks reported in Q3 2020 to increase by 2019 percent compared to the same period in 40. Ryuk ransomware extremely popular Ryuk is a sophisticated ...

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