How the Rise of Cryptocurrencies Is Shaping the Cyber Crime Landscape: The Growth of Miners

Introduction Cyber criminals tend to favor cryptocurrencies because they provide a certain level of anonymity and can be easily monetized. This interest has increased in recent years, stemming far beyond the desire to simply use cryptocurrencies as a method of payment for illicit tools and...

New allowAnyone Bug Identified in Multiple ERC20 Smart Contracts (CVE-2018-11397, CVE-2018-11398)

Our vulnerability-scanning system at PeckShield has so far discovered several dangerous smart contract vulnerabilities batchOverflow1, proxyOverflow2, transferFlaw3, ownerAnyone4, multiOverflow5, burnOverflow6, ceoAnyone7. Some of them could be used by attackers to generate tokens out of nowhere ...

Bitcoin Gold loses over $18 million after hack attack

By Waqas Hackers are conducting Double Spend attack on cryptocurrency exchanges and the This is a post from HackRead.com Read the original post: Bitcoin Gold loses over $18 million after hack attack...

Panda Banking Trojan Diversifies into Cryptocurrency, Porn, Other Targets

The Panda banking trojan, a spin-off from the infamous Zeus malware, is widening its net to attack more than just financial services targets, as seen in three ongoing campaigns discovered in May. The Windows-focused Panda is far from the cuddly thing its name would suggest. It has a full arsenal ...

Cybercriminals vs financial institutions in 2018: what to expect

Introduction – key events in 2017 2017 was a year of great changes in the world of cyberthreats facing financial organizations. Firstly, in 2017 we witnessed a continuation of cyberattacks targeting systems running SWIFT — a fundamental part of the world's financial ecosystem. Attackers were able...

Why Is North Korea So Interested in Bitcoin?

In 2016 we began observing actors we believe to be North Korean utilizing their intrusion capabilities to conduct cyber crime, targeting banks and the global financial system. This marked a departure from previously observed activity of North Korean actors employing cyber espionage for traditiona...

Zcash Spurs Rash of Malicious Mining Software

Cybercriminals are targeting computers with malicious mining software thanks in part to the appeal of a new cryptocurrency called Zcash that claims to cloak the sender, the recipient and value of transactions. That type of anonymity is not afforded by Bitcoin and is sought after by crooks, said...