Q3 2017 Global DDoS Threat Landscape Report

Today we are releasing our latest Global DDoS Threat Landscape Report, a statistical analysis of 5,765 network and application layer DDoS attacks mitigated by Imperva Incapsula services during Q3 2017. Before diving into the report’s highlights, it should be mentioned that this quarter was marked...

Text messages and the Bitcoin Code: follow the money trail

I was a bit surprised to receive lots of messages similar to the one below this past week: I mean, we've all done it—managed a bulk text spam campaign offering free Bitcoins in your spare time, while completely forgetting said business exists. Maybe I did it in my sleep? It's all gone a bit Fight...

Tether Hacked — Attacker Steals $31 Million of Digital Tokens

Again some bad news for cryptocurrency users. Tether, a Santa Monica-based start-up that provides a dollar-backed cryptocurrency tokens, has claimed that its systems have been hacked by an external attacker, who eventually stole around $31 million worth of its tokens. With a market capitalization...

A week in security (November 6 – November 12)

After coming out victorious in a case against PUPs, Malwarebytes CEO Marcin Kleczynski has this to say: We fought for our users and we won. -- Marcin Kleczynski @mkleczynski November 9, 2017 And my, do we feel like champions! You can read more about this here. Last week, we looked into the...

BIP proposal security bypass vulnerability

The BIP proposal is a set of bitcoin verification algorithms. A security bypass vulnerability exists in the 'Bitcoin proof of work' function in BIP proposal. A remote attacker could use this vulnerability to bypass security restrictions and perform unauthorized operations...

North Korea’s Most Powerful Weapon (Hint: It’s Not a Nuclear Arsenal)

With all the talk associated with North Korea’s prospects of launching a nuclear attack, there is often an overlooked, existential threat that continues to fly under the radar - cyberattacks. In truth, North Korea’s cyber warfare operations pose a much greater risk to the West than the prospect o...

Magnitude EK actor goes for Bitcoin multiplier scam (updated)

It is well known that hot commodities tend to attract scammers and online criminals. The continuous rise of Bitcoin over the past year valued at over USD $7,188 at the time of writing is generating frenzy amongst fans of cryptocurrencies as well as those watching from the sidelines. While the...

Excerpts from The Ransomware Economy: Emergence and Innovation

Carbon Black recently published an investigative report on the Dark Web marketplace for ransomware. This is an excerpt from that report, which you can find here. For more information about the rise of ransomware, and what you can do about it, check out the Future-Proof Your Ransomware Prevention...

BadRabbit ransomware strikes Eastern Europe

A new strain of ransomware called BadRabbit is spreading through Eastern Europe. Likely created by the same authors as the Petya/Not Petya ransomware outbreak in June, BadRabbit ransomware uses a website to drop a fake Flash update and then drops its payload. Click to view slideshow. Countries we...

‘Bad Rabbit’ Ransomware Strikes in Ukraine, Russia

In a similar outbreak to both WannaCry and Petya from earlier this year, it appears a new strain of ransomware known as "Bad Rabbit" has been found spreading in the Ukraine, Russia and elsewhere. Bad Rabbit encrypts the contents of a computer and asks for a payment of 0.05 bitcoins, or about $280...

BadRabbit Ransomware Attacks Hitting Russia, Ukraine

A ransomware attack has put a halt to business inside a handful of Russian media outlets and a number of major organizations in the Ukraine, including Kiev’s public transportation system and the country’s Odessa airport. The attacks are known as Bad Rabbit and harken back to the ExPetr/NotPetya...

Bad Rabbit: New Ransomware Attack Rapidly Spreading Across Europe

A new widespread ransomware attack is spreading like wildfire around Europe and has already affected over 200 major organisations, primarily in Russia, Ukraine, Turkey and Germany, in the past few hours. Dubbed "Bad Rabbit," is reportedly a new Petya-like targeted ransomware attack against...

‘BadRabbit’ Ransomware Burrows Into Russia, Ukraine

ARCHIVED STORY ‘BadRabbit’ Ransomware Burrows Into Russia, Ukraine By Raj Samani · October 24, 2017 This post was researched and written by Tim Hux, David Marcus, Charles McFarland, Douglas McKee, and Raj Samani. McAfee is currently investigating a ransomware campaign known as BadRabbit, which...

‘BadRabbit’ Ransomware Burrows Into Russia, Ukraine

ARCHIVED STORY ‘BadRabbit’ Ransomware Burrows Into Russia, Ukraine By Raj Samani · October 24, 2017 This post was researched and written by Tim Hux, David Marcus, Charles McFarland, Douglas McKee, and Raj Samani. McAfee is currently investigating a ransomware campaign known as BadRabbit, which...

Excerpts from The Ransomware Economy: Analysis

Carbon Black recently published an investigative report on the Dark Web marketplace for ransomware. This is an excerpt from that report, which you can find here. For more information about the rise of ransomware, and what you can do about it, check out the Future-Proof Your Ransomware Prevention...

New Ransomware Not Just Encrypts Your Android But Also Changes PIN Lock

DoubleLocker—as the name suggests, it locks device twice. Security researchers from Slovakia-based security software maker ESET have discovered a new Android ransomware that not just encrypts users’ data, but also locks them out of their devices by changing lock screen PIN. On top of that:...

Dark Web Ransomware Economy Growing at an Annual Rate of 2,500%

CryptoLocker. GoldenEye. Locky. WannaCry. It’s no secret that 2017 is shaping up to be the most notorious year on record for ransomware. Even a casual news consumer can identify several, if not all, of the menacing ransomware attacks that have cost worldwide businesses an estimated $1 billion thi...

Blockchain: Are You Ready?

By now, most of us have heard of Bitcoin. Few of us really know the specifics about what that is. Fewer still have a workable or even cursory knowledge of the underlying technology that makes Bitcoin possible...

Greek Court Approves US Extradition of BTC-e Operator In $4 Billion Money Laundering Case

A Greek court has approved the U.S. extradition of a 38-year-old Russian national accused of laundering more than $4 billion in bitcoin for culprits involved in hacking attacks, tax fraud and drug trafficking with the help of the now-defunct BTC-e exchange. Alexander Vinnik, an alleged operator o...

Chinese Bitcoin Trading Exchange Blames User For Losing $3M

By Waqas Popular Chinese Bitcoin Trading Exchange Denies Hacking Rumors And Blames This is a post from HackRead.com Read the original post: Chinese Bitcoin Trading Exchange Blames User For Losing $3M...