Security News
Misconfigured and poorly secured Apache Tomcat servers are being targeted as part of a new campaign designed to deliver the Mirai botnet malware and cryptocurrency miners. The findings come...
Secondly, the underlying encryption algorithms are proprietary, guarded as trade secrets under strict non-disclosure agreements, so it simply hasn't had the levels of global, objective mathematical scrutiny that unpatented, open source encryption systems have. Simply put, if you need to keep the algorithm secret, as well as the decryption key for each message, you're in deep trouble, because your enemies will ultimately, and inevitably, get hold of that algorithm.
Exec faces fraud charges, one regulator wants $5 billion fine Alex Mashinsky, the now-former CEO of collapsed cryptocurrency concern Celsius, today faces charges of fraud as prosecutors and...
A new fileless malware named PyLoose has been targeting cloud workloads to hijack their computational resources for Monero cryptocurrency mining. Wiz's security researchers first detected PyLoose attacks in the wild on June 22nd, 2023, and have since confirmed at least 200 cases of compromise by the novel malware.
Learn how the Meduza Stealer malware works, what it targets and how to protect your company from this cybersecurity threat. New malware dubbed Meduza Stealer can steal information from a large number of browsers, password managers and cryptocurrency wallets, according to a report from cybersecurity company Uptycs.
In measures floated in October 2022 and to be enacted by the end of 2023, Singapore's Monetary Authority will require operators to hold customer assets under a statutory trust segregated from their own assets. Crypto outfits are also barred from facilitating retail customer lending and staking - the term for locking up crypto assets for a set time to support blockchain validation.
In yet another sign of a lucrative crimeware-as-a-service ecosystem, cybersecurity researchers have discovered a new Windows-based information stealer called Meduza Stealer that's actively being developed by its author to evade detection by software solutions. "The Meduza Stealer has a singular objective: comprehensive data theft," Uptycs said in a new report.
A U.K. citizen who took part in the massive July 2020 hack of Twitter has been sentenced to five years in prison in the U.S. Joseph James O'Connor, 24, was awarded the sentence on Friday in the Southern District of New York, a little over a month after he pleaded guilty to the criminal schemes. The infamous Twitter breach allowed the defendant and his co-conspirators to obtain unauthorized access to backend tools used by Twitter, abusing them to hijack 130 popular accounts to perpetrate a crypto scam that netted them about $120,000 in illegal profits.
The U.S. Department of Justice has charged two Russian nationals in connection with masterminding the 2014 digital heist of the now-defunct cryptocurrency exchange Mt. Gox. According to unsealed indictments released last week, Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, have been accused of conspiring to launder approximately 647,000 bitcoins stolen from September 2011 through at least May 2014 as a result of unauthorized access to a server holding crypto wallets used by Mt. Gox customers.
American prosecutors have unsealed an indictment against two Russians who allegedly had a hand in the ransacking and collapse of Mt Gox a decade ago, an implosion that cost the cryptocurrency exchange's thousands of customers most of their digital coins. Bilyuchenko and Aleksandr Verner, 29, were charged with conspiring to launder about 647,000 Bitcoins stolen from Mt Gox starting in 2011, fueling the exchange's eventual collapse in 2014.