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…

News October 26, 2022

LemonDuck Cryptojacking Botnet Targets API Security Gap

2 min read - A recent report reveals the well-known crypto mining botnet LemonDuck can target Docker to secretly mine cryptocurrency on the Linux platform. LemonDuck targets Microsoft Exchange servers to mine crypto, escalate privileges and move sideways in compromised networks. It takes advantage…

Risk Management October 20, 2022

The Dangerous Flaws of Web3 Security, According To a Former Hacker

4 min read - “New and improved” is the refrain of progress, but new technology doesn’t always turn out to be an improvement. In the case of the evolution from Web2 to Web3, a former hacker revealed how recent changes have created an all-new…

Risk Management June 2, 2022

Recovering Ransom Payments: Is This the End of Ransomware?

4 min read - What’s the best way to stop ransomware? Make it riskier and less lucrative for cyber criminals. Nearly all intruders prefer to collect a ransom in cryptocurrency. But it’s a double-edged sword since even crypto leaves a money trail. Recovering ransomware…

Data Protection May 9, 2022

New DOJ Team Focuses on Ransomware and Cryptocurrency Crime

4 min read - While no security officer would rely on this alone, it’s good to know the U.S. Department of Justice is increasing efforts to fight cyber crime. According to a recent address in Munich by Deputy Attorney General Lisa Monaco, new efforts…

Data Protection April 25, 2022

QR Code Security: How Your Business Can Use Them Responsibly

6 min read - The Coinbase Super Bowl ad sparked several conversations in my family. My son in college used the QR code to sign up to buy cryptocurrency, something he had been interested in for a while. My mother-in-law mistakenly scanned the code…

Banking & Finance April 19, 2022

Top Security Concerns When Accepting Crypto Payment

4 min read - From Microsoft to AT&T to Home Depot, more companies are accepting cryptocurrency as a way to pay for products and services. This makes perfect sense as crypto coins are a viable revenue source. Perhaps the time is ripe for businesses…

Risk Management March 9, 2022

Is Anyone Doing Anything About the Explosion in Crypto Crime? 

4 min read - As cryptocurrency transactions continue to grow, it’s no surprise that crypto crime has also seen a huge upswing. In 2021, illicit addresses raked in $14 billion, up nearly 80% compared to 2020. Still, the backstories here are even more intriguing.…

Intelligence & Analytics September 13, 2021

Cryptominers Snuck Logic Bomb Into Python Packages

3 min read - Malware can show up where you least expect it. Researchers discovered a logic bomb attack in the Python Package Index (PyPI) repository, which is code repository for Python developers and part of the software supply chain. Attackers aimed to get…

Advanced Threats June 29, 2021

A Fly on ShellBot’s Wall: The Risk of Publicly Available Cryptocurrency Miners

8 min read - IBM Security X-Force researchers studied the botnet activity of a malware variant that is used by cyber crime groups to illegally mine cryptocurrency. Examining two ShellBot botnets that appeared in attacks honeypots caught, the X-Force team was able to infect…