Top 5 Types of Cyber Attacks You will Encounter in 2018

Introduction Every system administrator is worried about hackers. This is because hackers obtain unauthorized access to their system, stealing critical information, locking some files and leaking proprietary data to the public. Honestly, it can be a daunting task for companies to try to recover from such attacks. The breaching of data that occurred at Equifax … Read more

Ryuk Ransomware Snatches $640,000 Worth of Bitcoin From Major Corporations

Although ransomware attacks seem to create a lot fewer media headlines these days, there are still plenty of concerns out there. The Ryuk malware is quite potent and is mainly designed to target large corporations around the world. Criminals have already earned over half a million dollars in payments from Ryuk, and that may only be … Read more

Black Hat Demo to Reveal ‘White Rabbit’ Crypto-Transaction Surveillance Tool

This week in Las Vegas there are two well-known events taking place dedicated to information security and the global hacking counterculture — Black Hat Arsenal and Defcon 2018. During the conference festivities, there will be a bunch of demonstrations showcasing all kinds of hacker tools, security services, and engineering studies. Two developers from the intelligence … Read more

The Daily: Twitter Blocks Bots Mimicking Musk, Coinvault Hackers Sentenced

In Friday’s edition of The Daily, Twitter has taken measures against crypto scammers imitating the profile of Tesla’s CEO Elon Musk and a Dutch court has sentenced the operators of the Coinvault ransomware. Also, crypto has been labeled as ‘junk’ by Mastercard CEO Ajay Banga, and Wirex has reported $2 million worth of XRP deposited … Read more

The Daily: Exchange Operator Pleads Guilty, Scammer Fined Over $1.9 Million

In today’s edition of Bitcoin in Brief we cover a number of stories related to crime from around the cryptosphere: an exchange operator pleads guilty to securities fraud, a scammer is fined over $1.9 million for bitcoin and binary options fraud, police get a crypto course and a new type of ransomware attack is discovered. … Read more

Top 5 Threats Keeping Cybersecurity Professionals Up at Night

If you’d asked any cybersecurity professional around this time last year what the greatest threat to cybersecurity was, they’d have undoubtedly said ransomware. Now worth over a billion dollars a year (and rising), with attacks like WannaCry and Petya/NotPetya wreaking havoc, every expert worth their salt was planning ways to stay ahead of the hackers. … Read more

Cryptojacking Rises as Ransomware Declines, Cyber Security Researchers Find

Two of the leading international cyber security firms, one from Russia and one from the USA, have both published their finds at the end of June showing an increase in the malware threats market share of cryptojacking at the expense of ransomware. Also Read: Police Forces Seize Over €4.5M in Crypto From Darknet LSD Market … Read more

The Role of Bitcoin in Crime: Ransomware

If there is one criminal trend related to Bitcoin that’s made a global impact, it has to be ransomware. This destructive type of malicious software has claimed thousands of victims across the world. It also highlights the potential of Bitcoin as a global payment method, albeit for nefarious purposes. The Ransomware Craze Is Still Alive … Read more