Cybercriminals launder money through mansions, private islands and crypto currency

Cybercriminal proceeds make up an estimated 8-10 percent of total illegal profits laundered globally, amounting to an estimated $80-$200 billion each year, according to a nine-month academic study by Dr. Mike McGuire, Senior Lecturer in Criminology at … Continue reading Cybercriminals launder money through mansions, private islands and crypto currency

Binance offers $250,000 for info about hackers who targeted its users

Binance, the popular Chinese cryptocurrency exchange with a focus on crypto-to-crypto trading, has put a $250,000 bounty on the heads of the hackers who tried to pull off a heist earlier this month by compromising user accounts. The attack The attack u… Continue reading Binance offers $250,000 for info about hackers who targeted its users

Vulnerable Apache Solr, Redis, Windows servers hit with cryptominers

Vulnerable servers of all kinds are being targeted, compromised and made to mine cryptocurrencies for the attackers. Apache Solr servers under attack SANS ISC handler Renato Marihno warns about an active campaign aimed at compromising Apache Solr serve… Continue reading Vulnerable Apache Solr, Redis, Windows servers hit with cryptominers

Cryptocurrency-stealing malware relies on victims copy-pasting wallet info

An unconventional email spam campaign has been delivering unusual cryptocurrency-stealing malware to American and Japanese users. The emails are sporting “Re: passport..” in the subject line and are trying to trick targets into opening an a… Continue reading Cryptocurrency-stealing malware relies on victims copy-pasting wallet info

Cryptojacking is the new malware

The success of cryptocurrencies such as Bitcoin, is driving the increasing popularity of cryptomining, the process by which thse currencies are earned. At its core, mining for cryptocurrency requires massive computing power. This in turn has led enterp… Continue reading Cryptojacking is the new malware

The advent of GDPR could fuel extortion attempts by criminals

The number of exploit kit attacks is, slowly but surely, going down, and malware peddlers are turning towards more reliable tactics such as spam, phishing, and targeting specific, individual vulnerabilities. That’s the good news. The bad news is … Continue reading The advent of GDPR could fuel extortion attempts by criminals

Cryptomining malware continues to drain enterprise CPU power

Cryptomining malware continues to impact organizations globally as 23% were affected by the Coinhive variant during January 2018, according to Check Point’s latest Global Threat Impact Index. Researchers discovered three different variants of cryptomin… Continue reading Cryptomining malware continues to drain enterprise CPU power