Collaborate Disseminate
Deemed a scam from its CES debut, Kodak says KashMiner was never licensed, and its promised payouts portrayed ignorance of how Bitcoin works. Continue reading “Astoundingly stupid” Kodak (not really) Bitcoin miner bites the dust
According to Chinese-language publication Legal Daily police in two districts of China have arrested 20 people for their roles in a major crypto currency mining operation that earned the criminals more than 15 million yuan (currently about $2M USD… Continue reading Chinese arrest 20 in major Crypto Currency Mining scam
Three times more cryptocurrency was stolen from exchanges in the first half of 2018 than in all of 2017, according to CipherTrace. These dirty funds all need to be “laundered,” which results in a multi-billion-dollar and growing cryptocurrency money la… Continue reading Dramatic increase in cryptocurrency money laundering
Our threat research team’s been burning the candle at both ends this year, what with the sheer number of nasties out there at any given time. But with so many to choose from, how did we populate a list with just seven cybersecurity threats, and w… Continue reading Read: Our Top Picks for 2018’s Biggest Cybersecurity Stories… So Far
WatchGuard threat intelligence from Q1 2018 revealed that 98.8 percent of seemingly common Linux/Downloader malware variants were actually designed to deliver a popular Linux-based cryptocurrency miner. This is just one of several signs that malicious … Continue reading Cryptocurrency miners poised for continued growth
McAfee released its McAfee Labs Threats Report: June 2018, examining the growth and trends of new malware, ransomware, and other threats in Q1 2018. McAfee Labs saw on average five new threat samples every second, including growth in cryptojacking and … Continue reading Cybercriminals will gravitate to criminal activity that maximizes their profit
The cryptocurrency market has seen an incredible amount of attention and hype over the last year, culminating with Bitcoin values soaring by more than 1,300 percent in 2017. Although the price has since tumbled and attitudes to crypto in general have c… Continue reading Why cybercriminals are turning to cryptojacking for easy money
Cryptomania is dominating conversations from Silicon Valley to Wall Street. But ‘cryptocurrency’ is only one implementation of the underlying technology innovation that has the ability to transform the way future technology products are designed and bu… Continue reading Will blockchain power the next generation of data security?
McAfee released a report detailing the numerous cybersecurity risks associated with blockchain-based cryptocurrencies, and asserts the necessity of making cybersecurity a top priority as industry builds out the foundations for the widespread implementa… Continue reading Don’t start the blockchain revolution without making security a top priority
Unknown attackers have compromised 40,000+ servers, networking and IoT devices around the world and are using them to mine Monero and redirect traffic to websites hosting tech support scams, malicious browser extensions, and so on. The campaign, dubbed… Continue reading Traffic manipulation and cryptocurrency mining campaign compromised 40,000+ machines