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Why Coin Miners Go Bad & How to Protect Your Tech When They Do

Cryptocurrency enthusiasts are flocking to the Wild West of Bitcoin and Monero to cash in on the recent gold rush. Bitcoin’s meteoric rise in value is making coin mining an appealing hobby or even a whole new career. Coin mining software is the main tool in a prospector’s belt.   Some coin miners, also known as cryptocurrency miners, are tempted by the dark
Publish At:2021-04-15 15:38 | Read:130 | Comments:0 | Tags:Consumer Bitcoin cryptocurrency cryptojacking coin mining

Is the Value of Bitcoin Tied to Ransomware Rates?

With investors currently bullish on Bitcoin, is its high value is driving cybercriminals to pursue crypto-generating forms of cybercrime like ransomware and illicit miners? At time of writing, the value of one Bitcoin is north of $58 thousand. Famously volatile, a crash is widely expected to accompany the current bubble, perhaps before the end of 2021. Th
Publish At:2021-04-07 19:14 | Read:161 | Comments:0 | Tags:Industry Intel cryptocurrency ransomware

Bitcoin scammer who hacked celeb Twitter accounts gets 3 years

byPaul DucklinRemember when a whole bunch of celebs and top brands apparently went crazy tweeting about Bitcoin?It happened in July 2020, when many prominent blue-badged Twitter accounts suddenly starting sending out scammy cryptocoin messages.Fake tweets were blasted out from compromised accounts belonging to an eclectic range of high-profile people and com
Publish At:2021-03-17 14:55 | Read:298 | Comments:0 | Tags:Cryptocurrency Twitter BTC cryptocurrency hack

Unpatched QNAP devices are being hacked to mine cryptocurrency

Unpatched network-attached storage (NAS) devices are targeted in ongoing attacks where the attackers try to take them over and install cryptominer malware to mine for cryptocurrency.The threat actors exploit two pre-auth remote command execution (RCE) vulnerabilities in the Helpdesk app patched by QNAP in October 2020.Cryptomining malware disc
Publish At:2021-03-08 12:07 | Read:248 | Comments:0 | Tags:Security CryptoCurrency hack

US indicts John McAfee for cryptocurrency fraud, money laundering

Image: Gage Skidmore (CC BY-SA 2.0)U.S. federal prosecutors have charged John McAfee, founder of cybersecurity firm McAfee, and his executive advisor Jimmy Gale Watson Jr for cryptocurrency fraud and money laundering.In total, McAfee, Watson, and other members of the McAfee Team were able to collect over $13 million from two cryptocurrency pump-and
Publish At:2021-03-05 21:43 | Read:325 | Comments:0 | Tags:Security CryptoCurrency

Tether cryptocurrency firm says docs in $24 million ransom are 'forged'

USDT cryptocurrency developer Tether has said they are being extorted by threat actors who are demanding 500 bitcoins, or approximately $24 million, not to leak allegedly stolen emails and documents.This past week, Twitter accounts going by the names of 'Deltecleaks' and 'TetherLeaks' began publishing screenshots of an allegedly stolen trove of documents and
Publish At:2021-03-01 12:25 | Read:239 | Comments:0 | Tags:Security CryptoCurrency

New Zealand-based cryptocurrency exchange Cryptopia hacked again

The New Zealand-based cryptocurrency exchange Cryptopia suffered a new cyber heist while it is in liquidation due to a 2019 security breach. In 2019, the New Zealand-based cryptocurrency exchange Cryptopia discloses a cyber attack that took place on January 14th. At the time of the first attack, the threat actors stole approximately USD 30 million worth o
Publish At:2021-02-28 12:42 | Read:396 | Comments:0 | Tags:Breaking News Digital ID Hacking cryptocurrency Cryptopia in

Twitter scammers earned over $145k this week in Bitcoin, Ethereum, Doge

Cryptocurrency scammers have made at least $145,000 this week by promoting fake giveaways through hacked verified Twitter accounts.Last month, we reported an increasing trend where verified Twitter accounts are hacked to promote fake cryptocurrency giveaways. At the time, these scams pulled in a massive $580,000 in cryptocurrency over a one-week period.
Publish At:2021-02-26 18:07 | Read:283 | Comments:0 | Tags:Security CryptoCurrency

Nvidia announces official “anti-cryptomining” software drivers

byPaul DucklinNvidia, the graphics chip company that wants to buy ARM, made a unusual announcement last week.The company is about to launch its latest GeForce GPU (graphics processing unit) chip, the RTX 3060, and wants its users know that the chip is “tailored to meet the needs of gamers and those who create digital experiences.”Nvidia says: Our
Publish At:2021-02-21 21:31 | Read:299 | Comments:0 | Tags:Cryptocurrency bitcoin BTC cryptocoins cryptocurrency DOS ET

US shares info on North Korean malware used to steal cryptocurrency

The FBI, CISA, and US Department of Treasury shared detailed info on malicious and fake crypto-trading applications used by North Korean-backed state hackers to steal cryptocurrency from individuals and companies worldwide in a joint advisory published on Wednesday.These cryptocurrency trading apps were developed and injected with AppleJeus malware by a
Publish At:2021-02-18 15:07 | Read:241 | Comments:0 | Tags:Security CryptoCurrency

Linux malware uses open-source tool to evade detection

Image: Moritz KindlerAT&T Alien Labs security researchers have discovered that the TeamTNT cybercrime group upgraded their Linux crypto-mining with open-source detection evasion capabilities.TeamTNT is mostly known for targeting and compromising Internet-exposed Docker instances for unauthorized Monero (XMR) mining.However, the group
Publish At:2021-01-27 12:43 | Read:323 | Comments:0 | Tags:Security CryptoCurrency Linux

Cyber News Rundown: Cryptomining Malware Resurgent

Skyrocketing Bitcoin prices prompt resurgence in mining malware As the price of the cryptocurrency Bitcoin pushes record highs, there’s been a corresponding resurgence in cryptomining malware. Illicit miners had slipped off the radar as Bitcoin’s value plummeted in recent years, but now authors are hoping to profit off the latest price increase. Researche
Publish At:2021-01-26 03:03 | Read:442 | Comments:0 | Tags:Industry Intel cryptocurrency cyber

QNAP warns users to secure NAS devices against Dovecat malware

QNAP urges customers to secure their network-attached storage (NAS) devices against an ongoing malware campaign that infects and exploits them to mine bitcoin without their knowledge."According to analysis, QNAP NAS can become infected when they are connected to the Internet with weak user passwords," QNAP says.User reports of this malware campaign have been
Publish At:2021-01-21 12:25 | Read:447 | Comments:0 | Tags:Security CryptoCurrency

Verified Twitter accounts hacked in $580k ‘Elon Musk’ crypto scam

Threat actors are hacking verified Twitter accounts in an Elon Musk cryptocurrency giveaway scam that has recently become widely active.There is nothing new about cryptocurrency scams on Twitter, especially ones pretending to be giveaways from Elon Musk. In 2018, scammers raked in $180,000 using a successful Elon Musk giveaway scam promoted on Twit
Publish At:2021-01-14 20:31 | Read:407 | Comments:0 | Tags:Security CryptoCurrency hack

New Year’s Resolution: Cull Your Notifications – Intego Mac Podcast Episode 169

There’s new malware attacking cryptocurrency apps, WhatsApp warns users about data it is sharing with Facebook, and Apple loses a copyright fight with a company that virtualizes iOS so security researchers can look for vulnerabilities. We also look at how you can manage and secure notifications on your devices, so you don’t get too distracted, an
Publish At:2021-01-08 01:30 | Read:487 | Comments:0 | Tags:Intego Mac Security Podcast cryptocurrency Intego Mac Podcas