Cyber Attacks

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Japan’s Police and FSA Publish a Joint Cyber Warning to Crypto Firms, Link Attacks to Lazarus Group

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According to the National Police Agency (NPA) in Japan, North Korean hackers from the crime syndicate Lazarus Group have been targeting crypto companies in the country. Local reports detail that it’s the fifth time the NPA has tied “public attribution” to the organization of North Korean cyber criminals. Japan’s Law Enforcement and Financial Regulator Warn … Read more

Bank of Uganda Reportedly Commences CBDC Study

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The Bank of Uganda (BOU) has commenced a study that explores the feasibility of issuing a digital currency. However, an executive with the institution warned that the central bank needed to be clear why it must have this in the first place. Faster Movement of Money The Ugandan central bank is reported to have commenced … Read more

Hackers Target Github Server Infrastructure to Mine Cryptocurrencies

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Github services is under investigation after a series of reports on attacks against one of its infrastructures by running unauthorized crypto mining apps. Cybercriminals allegedly exploited some security flaws that could have been exploited to mine cryptos illicitly. Attacks Exploit ‘Github Actions’ According to The Record, a Dutch security engineer, Justin Perdok, detected a cyberattacker … Read more

Telecom Argentina S.A Hit by Major Ransomware Attack, Criminals Demand $7.5M Worth of Monero

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Telecom Argentina S.A has been hit by a ransomware attack and the cyber-criminals are demanding $7.5 million paid in the privacy coin monero. The Spanish language site, elperiodista.com quotes anonymous employees stating that the attack started last Wednesday. Initially thought to be a small IT problem, the cyber-attacks have reportedly crippled the company’s IT systems. … Read more

The Phishing Attack Economy

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Emails have become an essential part of our working and personal lives. But some people have found ways to exploit emails to spread viruses and other malware. One out of every 99 emails is a phishing attack; in a 5 day work week, this amounts to 4.8 phishing emails per employee. Business could even be … Read more

Russia Adopts Law to Isolate Runet From the Internet

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Runet, the Russian segment of the internet, is about to be isolated from the rest of the web. A new law adopted by the State Duma aims to do so in order to supposedly protect it from external threats and turn it into a “sovereign” space. Russian taxpayers and end users will pay the bill … Read more

Kraken Is The Safest Exchange, OKEx, Huobi Pro And Bitstamp Among The Riskiest: Report

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With crypto exchanges being a favorite target for hackers, placing your cryptos at the safest hands should be a priority for any crypto investor. And according to a report by cyber security firm Group IB, the safest exchange is the long-serving U.S-based exchange, Kraken. The report considered a variety of factors that included the level … Read more