Banking & Finance February 7, 2023

How to Spot a Nefarious Cryptocurrency Platform

4 min read - Do you ever wonder if your cryptocurrency platform cashes in ransomware payments? Maybe not, but it might be worth investigating. Bitcoin-associated ransomware continues to plague companies, government agencies and individuals with no signs of letting up. And if your platform…

Risk Management January 30, 2023

How the Silk Road Affair Changed Law Enforcement

4 min read - The Silk Road was the first modern dark web marketplace, an online place for anonymously buying and selling illegal products and services using Bitcoin. Ross Ulbricht created The Silk Road in 2011 and operated it until 2013 when the FBI…

Risk Management June 8, 2022

World’s Largest Darknet Market Shut Down, $25 Million in Bitcoin Seized

2 min read - On April 5, German authorities announced the takedown of the Hydra marketplace, the world’s largest darknet market trading in illicit drugs, cyberattack tools, forged documents and stolen data. The criminal operation, with about 17 million customer accounts, raked in billions…

News June 14, 2021

Social Engineering Scam Asks for Bitcoin Wallet Recovery Codes

2 min read - Twitter users having a hard time with their bitcoin wallets should be wary of accounts that offer to fix them. Attackers are using this social engineering method to trick cryptocurrency owners into forking over their wallet recovery codes. Malwarebytes spotted…

News May 31, 2021

Telegram Messenger Ads for ‘Hacker’ Software Hide Cryptocurrency Theft

2 min read - Digital attackers are leveraging ads on the Telegram messenger app to target cryptocurrency owners with samples of HackBoss malware. One notable element of this campaign is that it’s targeting people who want to make a buck through sketchy means themselves.…

CISO May 26, 2021

Token Resistance: Tackling the New NFT Threat Landscape

4 min read - Nonfungible tokens (NFTs) are big business — but come with significant cyber- and crypto-security risk. Part of the problem is that the NFT landscape is poorly understood. They also make up part of a massively overpriced blockchain-based network that could…

April 23, 2020

DoppelPaymer Ransomware Hits LA Suburb, Demands 100 Bitcoins as Ransom

2 min read - DoppelPaymer ransomware operators demanded 100 bitcoins as ransom from officials after allegedly attacking the city of Torrance in California's Los Angeles County.

April 7, 2020

Kinsing Malware Hits Container API Ports With Thousands of Attacks per Day

2 min read - A misconfigured API port led to a months-long campaign in which cybercriminals have been launching daily Kinsing malware attacks that number in the thousands, according to security researchers.

Fraud Protection March 9, 2020

From Nigerian Princes to Bitcoin Trading: Online Scams Have Come a Long Way

5 min read - Online scams originating from Nigeria have come a long way, and while some stick with the old rich prince ploy, others have devised more elaborate schemes to secure money.

March 4, 2020

U.S. Cities Targeted by New PwndLocker Ransomware

2 min read - Security researchers observed the PwndLocker ransomware family targeting the networks of enterprises and U.S. cities.