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This Week in Security News - August 13, 2021
This Week in Security News: Hackers Steal $600 million in Largest Ever Cryptocurrency Heist and Cybersecurity is the New ‘Great Game’...
Hackers steal $600 million in largest ever cryptocurrency heist
By Waqas As per Poly Network hackers exploited a vulnerability in contract calls where a contract can modify the keeper of a contract, execute transactions. This is a post from HackRead.com Read the original post: Hackers steal $600 million in largest ever cryptocurrency heist...
Crypto Hack Earned Crooks $600 Million
Attackers reportedly stole $600 million from the cryptocurrency platform Poly Network, in what experts say is one of the largest crypto heists to date. Poly Network, a decentralized finance DeFi platform based in China, publicly acknowledged that an attacker “exploited a vulnerability” that allow...
Thief pulls off colossal, $600m crypto-robbery …and gives the money back
The largest crypto-robbery in history is rapidly turning into the most bizarre as well. Lets start at the beginning… In an apparent scream for mercy, 21 hours ago the Poly Network Team reached out via Twitter to “hackers” that had managed to transfer roughly $600 million in digital tokens out of...
Hackers Steal Over $600 Million Worth of Cryptocurrencies from Poly Network
Hackers have siphoned $611 million worth of cryptocurrencies from a blockchain-based financial network in what's believed to be one of the largest heists targeting the digital asset industry, putting it ahead of breaches targeting exchanges Coincheck and Mt. Gox in recent years. Poly Network, a...
Cinobi Banking Trojan Targets Cryptocurrency Exchange Users via Malvertising
We found a new social engineering-based malvertising campaign targeting Japan that delivered a malicious application. The malicious application abused sideloading vulnerabilities to load and start the Cinobi banking trojan...
When coin miners evolve, Part 2: Hunting down LemonDuck and LemonCat attacks
Note: In this two-part blog series, we expose a modern malware infrastructure and provide guidance for protecting against the wide range of threats it enables. Part 1 covered the evolution of the threat, how it spreads, and how it impacts organizations. Part 2 provides a deep dive on the attacker...
When coin miners evolve, Part 2: Hunting down LemonDuck and LemonCat attacks
Note: In this two-part blog series, we expose a modern malware infrastructure and provide guidance for protecting against the wide range of threats it enables. Part 1 covered the evolution of the threat, how it spreads, and how it impacts organizations. Part 2 provides a deep dive on the attacker...
Old crypto malware makes come back, hits Windows, Linux devices
By Deeba Ahmed LemonDuck was first discovered in China in 2019 as a cryptocurrency botnet that used affected systems for Monero mining. This is a post from HackRead.com Read the original post: Old crypto malware makes come back, hits Windows, Linux devices...
PlugwalkJoe Does the Perp Walk
Joseph "PlugwalkJoe" OConnor, in a photo from a paid press release on Sept. 02, 2020, pitching him as a trustworthy cryptocurrency expert and advisor. One day after last summers mass-hack of Twitter, KrebsOnSecurity wrote that 22-year-old British citizen Joseph "PlugwalkJoe" OConnor appeared to...
Another Hacker Arrested for 2020 Twitter Hack and Massive Bitcoin Scam
A U.K. citizen has been arrested in the Spanish town of Estepona over his alleged involvement in the July 2020 hack of Twitter, resulting in the compromise of 130 high-profile accounts. Joseph O'Connor, 22, has been charged with intentionally accessing a computer without authorization and obtaini...
Threat Source newsletter (July 15, 2021)
Newsletter compiled by Jon Munshaw.Good afternoon, Talos readers. The value of cryptocurrency is all over the place. Elon Musk's tweets can send Dogecoin rising and falling. And Monero, the most popular currency for cryptominers, has gone all over the place this year. So does that have... This is...
Cryptominer Farm Rigged with 3,800 PS4s Busted in Ukraine
Authorities in Ukraine have made another cybersecurity bust — this time shutting down what they said is one of the largest underground cryptomining operations ever found. The ring was apparently run by stringing together 3,800 Sony PlayStation 4 PS4 gaming consoles. Cryptominers serve as auditors...
Following the Money: Comparing cryptocurrency value to illicit mining activity
By Nick Biasini In the age of meme stocks, Robinhood and Elon Musk's tweets influencing the global economy, cryptocurrency mining has not seemed as fringe as it once did. Mining has been around as long as these crytocurrencies have, but only really started to gather the attention of criminals in...
170 fraudulent Android apps scamming cryptocurrency enthusiasts
By Deeba Ahmed So far, these fake Android app developers have managed to steal money from 93,000 users and raked in around $350,000. This is a post from HackRead.com Read the original post: 170 fraudulent Android apps scamming cryptocurrency enthusiasts...
Binance receives the ban hammer from UK’s FCA
Binance, the worlds largest and most popular cryptocurrency exchange network, has had a rough few days. First, Japans financial regulator, the Financial Services Agency FSA, issued its second warning to Binance on Friday, 25 June, for operating in the country without permission The first warning...
Hackers Crack Pirated Games with Cryptojacking Malware
A new Monero cryptojacking malware distributed via “cracked” versions of popular online games is wiping out antivirus programs AVs and surreptitiously mining cryptocurrency in more than a dozen countries, researchers have found. Dubbed “Crackonosh,” the malware — which has been active since June...
Clop Gang Partners Laundered $500 Million in Ransomware Payments
The cybercrime ring that was apprehended last week in connection with Clop aka Cl0p ransomware attacks against dozens of companies in the last few months helped launder money totaling $500 million for several malicious actors through a plethora of illegal activities. "The group — also known as...
Musk-Themed ‘$SpaceX’ Cryptoscam Invades YouTube Ads
YouTube fans have been swindled out of almost $1 million and counting thanks to an extremely convincing fake SpaceX crypto-coin campaign that uses a popular decentralized finance protocol called Uniswap. The scam is rearing its Elon-Musk-themed head in ads on YouTube that show up before and after...
