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Malware scripts indelibly hidden in blockchain
Malware scripts indelibly hidden in blockchain

Attackers first hid malware and malicious scripts as a data source on Cloudflare. When Cloudflare reacted and wanted to delete the data, the attackers came up with a new idea: they hid them disguised as cryptocurrency transactions (smart contract) in the immutable Binance Smart Chain (BSC) blockchain. With the so-called ClearFake, website visitors receive a message that their browser is out of date and needs to be updated. If the visitor clicks on the link, malware files are automatically reloaded from a compromised Cloudflare worker host. So much for the known chain of attacks. “EtherHiding” – undeletable malware in blockchain But as…

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Threatened blockchain security
Threatened blockchain security

The exponential rise of blockchain technology and cryptocurrencies has redefined finance and digital transactions. But with great potential comes great risks. According to a report by CNBC, over 2021 billion euros worth of cryptocurrencies were stolen by hackers in 13. This alarming statistic highlights the urgent need to increase the security of blockchain ecosystems. In order to prevent further disasters of this kind, it is therefore worth drawing lessons from the existing cases for future crypto security strategies. Terra Luna and Wormhole One of the significant events that shaped the cryptocurrency…

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Liquidity mining financial fraud – scam in the crypto hype

In its investigation, Sophos explains how liquidity mining – the latest cryptocurrency investment craze – is being used as a platform by cybercriminals. "The mechanics of liquidity mining, in its legitimate form, provide the perfect camouflage for what are essentially old-fashioned scams, reimagined for the cryptocurrency age." Sean Gallagher, Senior Threat Researcher, Sophos. With the article Liquidity Mining Scams Add Another Layer to Cryptocurrency Crime, Sophos kicks off a series of how scammers are exploiting the hype around cryptocurrency trading to lure and scam potential investors. In the…

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Blockchain strategies for businesses
News B2B Cyber ​​Security

Blockchain technology is set to revolutionize business processes. Experts attest it has great potential. Politicians have also pricked up their ears. Right? In 2008, the mysterious Satoshi Nakamoto, whose true identity is still unclear, proposed a system that would enable financial transactions between two parties without going through a bank or a service provider such as PayPal. Security and Zero Outage trust should be ensured by a peer-to-peer network that allows forgery-proof transactions by generating a continuous chain of hash-based proof of work consisting of the computationally intensive solving of cryptographic puzzles. com! professional has ...

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