How cryptocurrency mining works: Bitcoin vs. Monero

Ever wondered why websites that are mining in the background don’t mine for the immensely hot Bitcoin, but for Monero instead? We can explain that. As there are different types of cryptocurrencies, there are also different types of mining. After providing you with some background information abou...

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...

Cryptocurrency Mining Scripts Now Run Even After You Close Your Browser

Some websites have found using a simple yet effective technique to keep their cryptocurrency mining javascript secretly running in the background even when you close your web browser. Due to the recent surge in cryptocurrency prices, hackers and even legitimate website administrators are...

This Week in Security News

Welcome to our weekly roundup, where we share what you need to know about the cybersecurity news and events that happened over the past few days. Below you’ll find a quick recap of topics followed by links to news articles and/or our blog posts providing additional insight. Be sure to check back...

Hackers steal $30 million worth of cryptocurrency in Tether hack

By Waqas Tether, a start-up firm known for offering dollar-backed cryptocurrency has announced that hackers have This is a post from HackRead.com Read the original post: Hackers steal $30 million worth of cryptocurrency in Tether hack...

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...

Threat Predictions for Cryptocurrencies in 2018

The landscape in 2017 Today, cryptocurrency is no longer only for computer geeks and IT pros. It's starting to affect people's daily life more than they realize. At the same time, it is fast becoming an attractive target for cybercriminals. Some cyberthreats have been inherited from e-payments,...

Threat Predictions for Financial Services and Fraud in 2018

The landscape in 2017 In 2017 we've seen fraud attacks in financial services become increasingly account-centric. Customer data is a key enabler for large-scale fraud attacks and the frequency of data breaches among other successful attack types has provided cybercriminals with valuable sources o...

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...

This Week in Security News

Welcome to our weekly roundup, where we share what you need to know about the cybersecurity news and events that happened over the past few days. Below you’ll find a quick recap of topics followed by links to news articles and/or our blog posts providing additional insight. Be sure to check back...

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...

Oh, Crap! Someone Accidentally Triggered A Flaw That Locked Up $280 Million In Ethereum

Horrible news for some Ethereum users. About $300 million worth of Ether—the cryptocurrency unit that has become one of the most popular and increasingly valuable cryptocurrencies—from dozens of Ethereum wallets was permanently locked up today. Smart contract coding startup Parity Technologies,...

Explained: blockchain technology

Last week, we talked about what cryptocurrency is and why cybercriminals love it. We mentioned that cryptocurrency was founded on a technology called blockchain, which is a tight system that, when applied correctly, is more secure than most other financial transactions. In this post, we'll explai...

Learn Ethereum Development – Build Decentralized Blockchain Apps

As of today — 1 Bitcoin = $7300 USD Approx 471,000 INR At the beginning of this year, 1 Bitcoin was approximately equal to $1000, and now it has surged to a new height, marking its market capitalization at over $124 billion. Is it really too late to invest in Bitcoin or other cryptocurrencies lik...

What is cryptocurrency and why do cybercriminals love it?

Ever pretend you know what your friends are talking about because you want to sound smart and relevant—and then trap yourself in a lie? “Wow, looks like those hackers were mining for cryptocurrency. You know what cryptocurrency is, right?” “Oh yeah, totally. Cryptocurrency. Bad stuff. You know...

This Week in Security News

Welcome to our weekly roundup, where we share what you need to know about the cybersecurity news and events that happened over the past few days. Below you’ll find a quick recap of topics followed by links to news articles and/or our blog posts providing additional insight. Be sure to check back...

Hackers Stole $150,000 from Cryptocurrency Wallets Using CryptoShuffler Trojan

By Waqas Popular cryptocurrency wallets are under threat currently as the notorious This is a post from HackRead.com Read the original post: Hackers Stole $150,000 from Cryptocurrency Wallets Using CryptoShuffler Trojan...

D-Link MEA Site Caught Running Cryptocurrency Mining Script—Or Was It Hacked?

Last month the popular torrent website The Pirate Bay caused some uproar by adding a Javascript-based cryptocurrency miner to its site with no opt-out option, utilizing visitors' CPU power to mine Monero coins in an attempt to gain an extra source of revenue. Now D-Link has been caught doing the...

Tales from the blockchain

Cryptocurrency has gradually evolved from an element of a new world, utopian economy to a business that has affected even those sectors of society least involved in information technology. At the same time, it has acquired a fair number of "undesirable" supporters who aim to enrich themselves at...

Ursnif Banking Trojan Spreading In Japan

Attackers behind the pervasive banking Trojan Ursnif have made Japan one of their top targets, delivering the malware via spam campaigns that began last month. For years, Ursnif or Gozi has targeted Japan along with North America, Europe and Australia. But according to a recent IBM X-Force analys...