Collaborate Disseminate
The amount stolen last week surpasses what the group was able to steal in all of 2024.
The post Crypto analysts stunned by Lazarus Group’s capabilities in $1.46B Bybit theft appeared first on CyberScoop.
Continue reading Crypto analysts stunned by Lazarus Group’s capabilities in $1.46B Bybit theft
The agency is rebranding a tech-focused unit in a move that some critics worry may be part of a larger shift away from regulating the crypto space.
The post SEC rebrands cryptocurrency unit to focus on emerging technologies appeared first on CyberScoop.
Continue reading SEC rebrands cryptocurrency unit to focus on emerging technologies
A new Android malware strain known as SpyAgent is making the rounds — and stealing screenshots as it goes. Using optical character recognition (OCR) technology, the malware is after cryptocurrency recovery phrases often stored in screenshots on user devices. Here’s how to dodge the bullet. Attackers shooting their (screen) shot Attacks start — as always […]
The post SpyAgent malware targets crypto wallets by stealing screenshots appeared first on Security Intelligence.
Continue reading SpyAgent malware targets crypto wallets by stealing screenshots
Hackers stole $4.3 billion worth of cryptocurrency in 2022, making it the worst year on record for crypto fraud. While the government pushes for regulation in the digital coin market, cryptocurrency remains a volatile industry and a risky bet for investors and financial institutions. While decentralized finance (DeFi) aims to offer greater control to investors, […]
The post Crypto fraud in 2023: How can security teams fight appeared first on Security Intelligence.
Continue reading Crypto fraud in 2023: How can security teams fight
Blockchain has transformed many industries, from healthcare to real estate to banking. But despite the “unhackable” hype, flaws in Blockchain technology undeniably weaken its goals of bringing greater security, transparency and privacy to the world. Between January and November 2022, hackers stole $4.3 billion worth of cryptocurrency — marking a 37% increase from 2021. It […]
The post Can Zero-Knowledge Proofs Save Cryptocurrency? appeared first on Security Intelligence.
Continue reading Can Zero-Knowledge Proofs Save Cryptocurrency?
Some rare good news in the world of cyber crime trends: Certain crimes declined in 2022 after years of constant rises. Should we credit crypto? Some estimates say that cryptocurrencies have lost $2 trillion in value since November 2021. During that time, the costs associated with cyber crimes, such as ransomware payouts and financial scams, […]
The post How Falling Crypto Prices Impacted Cyber Crime appeared first on Security Intelligence.
Continue reading How Falling Crypto Prices Impacted Cyber Crime
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 gets sanctioned, you may instantly lose access to all your funds. What exchanges or platforms […]
The post How to Spot a Nefarious Cryptocurrency Platform appeared first on Security Intelligence.
Continue reading How to Spot a Nefarious Cryptocurrency Platform
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 shut it down. Its creator was eventually arrested and sentenced to life in prison. But […]
The post How the Silk Road Affair Changed Law Enforcement appeared first on Security Intelligence.
Continue reading How the Silk Road Affair Changed Law Enforcement
Who hasn’t heard about Bitcoin, Ethereum and Ripple? Cryptocurrencies, supported by blockchain technology, are revolutionizing financial markets as we know them. But with new possibilities comes a new generation of cybercriminals and previously unthou… Continue reading The Rise of Crypto Crime: 5 Cases Security Professionals Can Learn From