FBI Warns Investors to Take Precautions with Decentralized Financial Platforms

The U.S. Federal Bureau of Investigation FBI on Monday warned of cyber criminals increasingly exploiting flaws in decentralized finance DeFi platforms to plunder cryptocurrency. "The FBI has observed cyber criminals exploiting vulnerabilities in the smart contracts governing DeFi platforms to ste...

Binance chief says a “sophisticated hacking team” turned him into a deepfake hologram

Deepfakes are back, and causing major problems for people involved in financial circles. Scammers have been targeting people in the cryptocurrency community for some time now. Theres huge money to be made via the act of ripping folks off. Some of it is phishing, other attacks focus on breaking in...

APT Lazarus Targets Engineers with macOS Malware

North Korean APT Lazarus is up to its old tricks with a cyberespionage campaign targeting engineers with a fake job posting that attempt to spread macOS malware. The malicious Mac executable used in the campaign targets both Apple and Intel chip-based systems. The campaign, identified by...

North Korea Hackers Spotted Targeting Job Seekers with macOS Malware

The North Korea-backed Lazarus Group has been observed targeting job seekers with malware capable of executing on Apple Macs with Intel and M1 chipsets. Slovak cybersecurity firm ESET linked it to a campaign dubbed "Operation Interception" that was first disclosed in June 2020 and involved using...

Tornado Cash Developer Arrested After U.S. Sanctions the Cryptocurrency Mixer

Dutch authorities on Friday announced the arrest of a software developer in Amsterdam who is alleged to be working for Tornado Cash, days after the U.S. sanctioned the decentralized crypto mixing service. The 29-year-old individual is "suspected of involvement in concealing criminal financial flo...

A Taxonomy of Access Control

My personal definition of a brilliant idea is one that is immediately obvious once its explained, but no one has thought of it before. I cant believe that no one has described this taxonomy of access control before Ittay Eyal laid it out in this paper. The paper is about cryptocurrency wallet...

Phishers Swim Around 2FA in Coinbase Account Heists

Threat actors are making their way around two-factor authentication 2FA and using other clever evasion tactics in a recently observed phishing campaign aimed at taking over Coinbase accounts to defraud users of their crypto balances. Attackers are using emails that spoofed the popular...

Small-time cybercrime is about to explode — We aren't ready

By Nick Biasini. The cybersecurity industry tends to focus on extremely large-scale or sophisticated, state-sponsored attacks. Rightfully so, as it can be the most interesting, technically speaking. When most people think of cybercrime they think of large-scale breaches because that's what...

A Growing Number of Malware Attacks Leveraging Dark Utilities 'C2-as-a-Service'

A nascent service called Dark Utilities has already attracted 3,000 users for its ability to provide command-and-control C2 services with the goal of commandeering compromised systems. "It is marketed as a means to enable remote access, command execution, distributed denial-of-service DDoS attack...

Cyber Insurance Market 2022: FAQs & Updates with iBynd

iBynd VP of Insurance, Tim Logan, and Trend Micro’s Cyber Risk Specialist Vince Kearns provide insights on cyber insurance must-haves, pricing, services, and how the industry is changing in the face of ransomware attacks, cryptocurrency, and emerging cybersecurity technologies...

Attackers leveraging Dark Utilities "C2aaS" platform in malware campaigns

By Edmund Brumaghin, Azim Khodjibaev and Matt Thaxton, with contributions from Arnaud Zobec. Executive Summary Dark Utilities, released in early 2022, is a platform that provides full-featured C2 capabilities to adversaries. It is marketed as a means to enable remote access, command execution,...

Bitcoin Fog Case Could Put Cryptocurrency Tracing on Trial

Roman Sterlingov, accused of laundering $336 million, is proclaiming his innocence—and challenging a key investigative tool...

Australian Hacker Charged with Creating, Selling Spyware to Cyber Criminals

A 24-year-old Australian national has been charged for his purported role in the creation and sale of spyware for use by domestic violence perpetrators and child sex offenders. Jacob Wayne John Keen, who currently resides at Frankston, Melbourne, is said to have created the remote access trojan R...

U.S. Offers $10 Million Reward for Information on North Korean Hackers

The U.S. State Department has announced rewards of up to $10 million for any information that could help disrupt North Korea's cryptocurrency theft, cyber-espionage, and other illicit state-backed activities. "If you have information on any individuals associated with the North Korean...

Racoon Stealer is Back — How to Protect Your Organization

The Racoon Stealer malware as a service platform gained notoriety several years ago for its ability to extract data that is stored within a Web browser. This data initially included passwords and cookies, which sometimes allow a recognized device to be authenticated without a password being...

Massive Losses Define Epidemic of ‘Pig Butchering’

U.S. state and federal investigators are being inundated with reports from people whove lost hundreds of thousands or millions of dollars in connection with a complex investment scam known as "pig butchering," wherein people are lured by flirtatious strangers online into investing in cryptocurren...

Hackers Use Evilnum Malware to Target Cryptocurrency and Commodities Platforms

The advanced persistent threat APT actor tracked as Evilnum is once again exhibiting signs of renewed activity aimed at European financial and investment entities. "Evilnum is a backdoor that can be used for data theft or to load additional payloads," enterprise security firm Proofpoint said in a...

FBI Seizes $500,000 Ransomware Payments and Crypto from North Korean Hackers

The U.S. Department of Justice DoJ has announced the seizure of $500,000 worth of Bitcoin from North Korean hackers who extorted digital payments from several organizations by using a new ransomware strain known as Maui. "The seized funds include ransoms paid by healthcare providers in Kansas and...

Another ransomware payment recovered by the Justice Department

The Justice Department today announced a complaint filed in the District of Kansas to forfeit cryptocurrency paid as ransom to North Korean hackers or otherwise used to launder such ransom payments. The seized funds amounting to half a million US dollars, include ransoms paid by health care...

FBI Warns Fake Crypto Apps are Bilking Investors of Millions

Threat actors have defrauded 244 U.S. investors of about $42 million through fake cryptocurrency apps that exploit people’s legitimate investments in digital currency, the FBI has revealed. The agency observed a number of cybercriminal campaigns that duped people into downloading malicious apps...