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Global ‘Wana’ Ransomware Outbreak Earned Perpetrators $26,000 So Far

As thousands of organizations work to contain and clean up the mess from this week’s devastating Wana ransomware attack, the fraudsters responsible for releasing the digital contagion are no doubt counting their earnings and congratulating themselves on a job well done. But according to a review of the Bitcoin addresses hard-coded into Wana, it appears
Publish At:2017-05-14 10:40 | Read:3715 | Comments:0 | Tags:Other Bitcoin Redsocks San Diego Stefan Savage University of

Why Blockchain-as-a-Service Should Be on Your Radar

Blockchain news is seemingly everywhere these days, and for good reason. The technology behind bitcoin holds a lot of promise for all sorts of use cases — some of them having nothing to do with digital payments. Over the course of last year, a lot of ideas regarding the technology were tried out, but “during 2017, many of them will be discarded,̶
Publish At:2017-03-24 11:20 | Read:5229 | Comments:0 | Tags:Application Security Banking & Financial Services Bitcoin Bl

Enterprise Intelligence Brief: Three Experts Discuss Blockchain in Cybersecurity

There is much chatter about blockchain and how it could impact the way we do business today. Arvind Krishna, senior vice president at IBM Research, said that “over the past two decades, the internet has revolutionized many aspects of business and society … Blockchain could bring to those processes the openness and efficiency we have come to expec
Publish At:2017-03-14 11:25 | Read:6198 | Comments:0 | Tags:Fraud Protection Identity & Access Authentication Bitcoin Bl

Ransomware Attack Leads LA School to Fork Over $28K in Ransom

A school located in Los Angeles County, California has paid computer criminals 28,000 USD after it suffered a ransomware attack.Officials at Los Angeles Valley College (LAVC) came to the decision after a ransomware infection left them with no way to recover their organization’s encrypted data.As the school explains in an update (PDF):“In consulta
Publish At:2017-01-10 17:20 | Read:5055 | Comments:0 | Tags:Latest Security News Bitcoin decryption insurance LAVC ranso

Unprotected MongoDB Databases Wiped and Held for Ransom by Attacker

An attacker is obtaining access to unprotected MongoDB databases, stealing and erasing their content, and holding them for ransom.On 27 December, security researcher Victor Gevers came across a MongoDB server that was open to external connections and that lacked a password on its admin account.This database didn’t contain a lot of information. In fact,
Publish At:2017-01-05 03:17 | Read:5104 | Comments:0 | Tags:Latest Security News Bitcoin data breach Harak1r1 MongoDB Vi

Regulators Want In on the Blockchain Party in 2017

Financial institutions, real estate brokers, law firms and other organizations with an interest in trust-based transactions will be swarming blockchain in 2017, and you can bet regulators will be right behind them. The end of 2016 marks blockchain’s evolution from niche curiosity to corporate up-and-comer as institutions seek ways to benefit from reduc
Publish At:2016-12-21 11:45 | Read:5151 | Comments:0 | Tags:Banking & Financial Services Fraud Protection Bitcoin Blockc

Zcash, or the return of malicious miners

On 28 October, the cryptocurrency world saw the emergence of a new player, the Zcash (ZEC) cryptocurrency. Its developers have described it rather figuratively: “If Bitcoin is like HTTP for money, Zcash is HTTPS.” They continue by noting that “unlike Bitcoin, Zcash transactions can be shielded to hide the sender, the recipient and value of
Publish At:2016-12-12 05:30 | Read:4920 | Comments:0 | Tags:Blog Research Bitcoin Cryptocurrencies

Kaspersky Security Bulletin 2016. The ransomware revolution

 Download the PDF Introduction In 2016, ransomware continued its rampage across the world, tightening its hold on data and devices, and on individuals and businesses. The numbers speak for themselves: 62 new ransomware families made their appearance. There was an 11-fold increase in the number of ransomware modifications: from 2,900 new modifications i
Publish At:2016-12-09 08:15 | Read:6041 | Comments:0 | Tags:Analysis Featured Kaspersky Security Bulletin Bitcoin Malwar

Kaspersky Security Bulletin 2016. Story of the year

 Download the PDF Introduction In 2016, ransomware continued its rampage across the world, tightening its hold on data and devices, and on individuals and businesses. The numbers speak for themselves: 62 new ransomware families made their appearance. There was an 11-fold increase in the number of ransomware modifications: from 2,900 new modifications i
Publish At:2016-12-08 08:45 | Read:7907 | Comments:0 | Tags:Analysis Featured Kaspersky Security Bulletin Bitcoin Malwar

In 2017, Blockchain Gets Serious

When I became Global Blockchain Lead for Security Services at IBM in January 2016, I had no idea what kind of year awaited me. Just a few highlights: In February, IBM introduced developer services on the Bluemix cloud to enable rapid creation and monitoring of blockchain applications. In April, IBM launched a new set of highly secure blockchain services on
Publish At:2016-11-28 09:40 | Read:5378 | Comments:0 | Tags:Banking & Financial Services Industries Banking Bitcoin Bloc

IoT Devices as Proxies for Cybercrime

Multiple stories published here over the past few weeks have examined the disruptive power of hacked “Internet of Things” (IoT) devices such as routers, IP cameras and digital video recorders. This post looks at how crooks are using hacked IoT devices as proxies to hide their true location online as they engage in a variety of other types of cybe
Publish At:2016-10-14 13:20 | Read:5072 | Comments:0 | Tags:Other ASUS Bitcoin DD-WRT honeypot internet of things IoT Li

Bitcoin Wallet Blockchain.info went down due to a DNS Hijacking

 Blockchain.info, the world’s most popular Bitcoin wallet and Block Explorer service went down this week due to a DNS Hijacking attack. Crypto-currencies continue to be a privileged target of cyber criminals, Bitcoin wallets and services provided by many companies operating in the industries have been targeted by criminal organizations as never before.
Publish At:2016-10-13 10:30 | Read:4516 | Comments:0 | Tags:Breaking News Cyber Crime Hacking Bitcoin Blockchain Cybercr

Cerber 3 Ransomware Virus Is Already Here

AVG security researcher Jakub Kroustek has recently discovered tracks of the Cerber 3 ransomware virus marking encrypted files with the .cerber3 file extension. Unlike previous variants of Cerber, for which decryptors have been already developed, this variant contains fixes that prevent malware researchers from decrypting the files.Since this virus is a part
Publish At:2016-09-13 16:10 | Read:3409 | Comments:0 | Tags:Cyber Security Featured Articles Bitcoin Cerber Magnitude Ex

Israeli Online Attack Service ‘vDOS’ Earned $600,000 in Two Years

vDOS — a so-called “booter” service that has earned in excess of $600,000 over the past two years helping customers coordinate more than 150,000 so-called distributed denial-of-service (DDoS) attacks designed to knock Web sites offline — has been massively hacked, spilling secrets about tens of thousands of paying customers and their
Publish At:2016-09-08 18:30 | Read:3381 | Comments:0 | Tags:Other 82.118.233.144 Allison Nixon applej4ck Bitcoin booter

Leakedsource breach notification service reported two Bitcoin Data Breaches

Now LeakedSource disclosed details from two Bitcoin data breaches that affected the bitcoin exchange BTC-E.com and the discussion forum Bitcointalk.org. The data breach notification service LeakedSource is becoming familiar to my readers, recently it reported the data breach suffered by many IT services, including Last.fm and DropBox, both occurred in 2012.
Publish At:2016-09-03 20:45 | Read:3089 | Comments:0 | Tags:Breaking News Cyber Crime Data Breach Hacking Bitcoin data b

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