Silk Road founder Ross Ulbricht Convicted of All 7 Charges; Faces Life In Prison

A jury has found Silk Road founder Ross Ulbricht a.k.a Dread Pirate Roberts guilty on all seven counts and faces Life In Prison for running an underground black market i.e. Silk Road. Ross Ulbricht, a San Francisco 30-year-old web developer was arrested by FBI in a sting operation in October 2013...

New Wave of CTB-Locker/Critroni Ransomware Hitting Victims

There is a new wave of attacks delivering the CTB-Locker or Critroni crypto ransomware, arriving through spam messages with a variety of lures in several different countries. CTB-Locker is one of the newer variants in the crypto ransomware family, a kind of malware that encrypts victims’ hard...

New Cryptowall 3.0 Ransomware Communicates over I2P Anonymous Network

We have seen a series of Ransomware tended to be simple with dogged determinations to extort money from victims. But with the exponential rise in the samples of Ransomware last year, we saw more subtle in design, including "Cryptolocker" that was taken down along with the "Gameover ZeuS" botnet...

Crowti Cryptowall 3.0 Ransomware Moving in I2P Network

A new strain of the Crowti ransomware, also dubbed Cryptowall 3.0, was spotted by researchers early this week after a quiet period during the holiday season. The twist to these recent infections is that the malware communicates over the I2P anonymity network. French researcher Kafeine confirmed...

Silk Road Reloaded Switches from Tor to I2P Anonymous Network

Multiple successors of the original Silk Road have come and all have been taken offline in recent years, but aside from selling illegal goods and services, they all have had one thing in common – they've all relied on the Tor network. A new version of the anonymous online black market Silk Road,...

Bitstamp Bitcoin Exchange Hacked, $5 Million Stolen in Hack Attack

One of the biggest, reliable and most trusted Bitcoin exchange — Bitstamp — on Monday announced that it has been a target of a hacking attack, which lead to the theft of "less than 19,000 BTC" worth about $5 million in virtual currency; one BTC is about $270. Bitstamp issued a statement on its...

Bitstamp Offline Following Wallet Compromise

Bitstamp, a Bitcoin exchange based in the United Kingdom, remains offline this afternoon following what appears to have been a compromise over the weekend. The company tweeted shortly after 4 a.m. Monday that it had to temporarily halt all withdrawals because it believes one of its wallets was...

Majority of 4G USB Modems, SIM Cards Exploitable

Researchers say 4G USB modems contain exploitable vulnerabilities through which attackers could, and researchers have, managed to gain full control of the machines to which the devices are connected. Researchers from Positive Technologies presented a briefing detailing how to compromise USB modem...

Ransomware is the Future of Internet of Things Malware

WASHINGTON D.C. — It’s 2020, bitter cold outside, you’re running late for work, and the Linux box that controls your car isn’t going to start unless you wire $20 worth of Bitcoin to an increasingly business-like criminal enterprise operating out of Eastern Europe. Of course it’s not 2020. And to...

More than 400 Underground Sites seized by FBI in 'Operation Onymous'

The joint operation by authorities of the U.S. Federal Bureau of Investigation FBI and European law enforcement seized Silk Road 2.0, an alternative to the notorious online illegal-drug marketplace last week, and arrested 26-year-old operator Blake Benthall, but that wasn't the end. US and Europe...

FBI Seize Silk Road 2.0 Servers; Admin Arrested

The authorities of the U.S. Federal Bureau of Investigation have announced that they have arrested "Silk Road 2.0" operator Blake Benthall, used the alias "Defcon" in California on Wednesday and charged him with conspiracy to commit drug trafficking, computer hacking, money laundering and other...

Microsoft Warns of Crowti Ransomware

Researchers with Microsoft have spotted a spike in Crowti, a ransomware similar to Cryptolocker that encrypts files on victims’ machines and then asks for payment to unlock them. The malware has existed for several months but it wasn’t until mid-October that Microsoft’s Malware Protection Center...

Malicious Ads on Yahoo, AOL, Trigger CryptoWall Infections

Attackers have been leveraging the FlashPack Exploit Kit to peddle the CryptoWall 2.0 ransomware on unsuspecting visitors to sites such as Yahoo, The Atlantic and AOL. Researchers believe that for about a month the malvertising campaign hit up to 3 million visitors and netted the attackers $25,00...

Key Flaw Enables Recovery of Files Encrypted by TorrentLocker

Crypto ransomware, a relatively unknown phenomenon a couple of years ago, has exploded into one of the nastier malware problems for Internet users. Variants such as CryptoLocker and CryptoWall have been siphoning money from victims for some time, and now researchers have dissected a newer variant...

CryptoWall Ransomware Earns $1.1M, Encrypts 5 Billion Files

CryptoWall is a million-dollar business. The file-encrypting ransomware has netted the criminal gang responsible for its development and dispersal, more than $1.1 million in the six months it’s been in the wild, researchers at Dell SecureWorks’ Counter Threat Unit said in a report this week. The...

HashCat Introduction: Break That Hash

When the Bitcoin mining craze hit its peak, people felt the tug to join this new community and make some easy money. The Concepts behind Bitcoin mining intrigued me, in particular the new use of graphics processors GPUs. With a moderately expensive video card, you could bring in enough money to p...

Bitcoin Phishing Scam Takes Aim at 400 Organizations

More than 400 organizations were recently targeted by a Bitcoin phishing campaign that intended to con users into disclosing their wallet passwords. According to Proofpoint, a California-based email security firm that recapped the campaign Wednesday, 12,000 messages were recently sent in two wave...

Hacker Hijacks ISP Networks to steal $83,000 from Bitcoin Mining pools

Till now, he have heard about “Bitcoin digital wallet hacked” or “Bitcoin website hacked”, but now a hacker has stolen cryptocurrency from mining pools and generated $83,000 in digital cash in more than four months by gaining access to a Canadian Internet provider. Bitcoin is a virtual currency...

Onion Ransomware Demands Bitcoins, Uses Tor, Advanced Encryption

More details about a new family of encryption ransomware that uses the anonymous network Tor and requires users pay by Bitcoin have emerged. The ransomware, known in some circles as Critoni or CTB-Locker, has been dubbed Onion by researchers at Kaspersky Lab as its creators use command and contro...

Critroni - File Encrypting Ransomware out in the Wild

A new ransomware from the Crypto-Ransomware family has been detected by the security researcher, which is being sold in different underground forums from the last month and recently included in the Angler exploit kit. The latest ransomware, given the name “Critroni”, includes a number of odd...