Security News

This Malware Installs Malicious Browser Extensions to Steal Users' Passwords and Cryptos
2022-11-22 17:36

A malicious extension for Chromium-based web browsers has been observed to be distributed via a long-standing Windows information stealer called ViperSoftX. Czech-based cybersecurity company dubbed the rogue browser add-on VenomSoftX owing to its standalone features that enable it to access website visits, steal credentials and clipboard data, and even swap cryptocurrency addresses via an adversary-in-the-middle attack. The malware's use of a browser extension to advance its information-gathering goals was documented by Sophos threat analyst Colin Cowie earlier this year.

Two Estonians arrested for running $575M crypto Ponzi scheme
2022-11-21 23:37

Two Estonian nationals were arrested in Estonia, on Sunday, after being indicted in the U.S. for running a massive cryptocurrency Ponzi scheme that led to more than $575 million in losses. Starting in December 2013, they ran a company named HashCoins OÜ that imported and assembled other companies' cryptocurrency mining hardware instead of manufacturing its own, as advertised.

Another crypto shocker: Major player actually corrects $400m mistake instead of cratering
2022-11-14 12:30

Over the weekend it was revealed that cryptocurrency exchange company Crypto.com accidentally sent over $400 million to another cryptocurrency exchange and was miraculously able to get it back. After communicating with Crypto.com and confirming that it was an operation error transfer, we immediately started the asset return process and assisted in returning all the wrongly transferred assets.

New KmsdBot Malware Hijacking Systems for Mining Crypto and Launch DDoS Attacks
2022-11-14 07:14

A newly discovered evasive malware leverages the Secure Shell cryptographic protocol to gain entry into targeted systems with the goal of mining cryptocurrency and carrying out distributed denial-of-service attacks. Dubbed KmsdBot by the Akamai Security Intelligence Response Team, the Golang-based malware has been found targeting a variety of companies ranging from gaming to luxury car brands to security firms.

An $8 mess — Twitter Blue 'verified' accounts push crypto scams
2022-11-10 12:33

Twitter has officially rolled out its Twitter Blue program for an $8 monthly fee that confers upon the Tweeter multiple benefits, including the much-sought blue badge. A stark distinction so far that separates Twitter Blue accounts with the blue badge from 'notable' accounts verified prior to the new policy rollout is the wording contained within the blue badge.

Can confidential computing stop the next crypto heist?
2022-11-07 13:30

The theft of billions of dollars in cryptocurrency over recent months could have been prevented, and confidential computing is a key to the security fix. Fireblocks uses confidential computing for multi-party computation for private key security.

International summit agrees crack down on crypto to combat ransomware
2022-11-03 16:45

The White House's second International Counter Ransomware Initiative summit has concluded, and this year the 36-nation group has made clear it intends to crack down on how cryptocurrencies are used to finance ransomware operations. Last year's summit ended with far fewer actionable, concrete steps in this direction, concluding with a joint statement indicating "Countering illicit finance" was a priority without stating in specific terms that the Countering Ransomware Initiative was focused on cryptocurrencies.

New clipboard hijacker replaces crypto wallet addresses with lookalikes
2022-11-03 13:10

A new clipboard stealer called Laplas Clipper spotted in the wild is using cryptocurrency wallet addresses that look like the address of the victim's intended recipient. Standard clipboard stealers, also called clippers, monitor the Windows clipboard and activate when they detect a cryptocurrency wallet address that users typically copy as the destination for a payment.

Multiple Campaigns Exploit VMware Vulnerability to Deploy Crypto Miners and Ransomware
2022-10-21 14:56

A now-patched vulnerability in VMware Workspace ONE Access has been observed being exploited to deliver both cryptocurrency miners and ransomware on affected machines. "The attacker intends to utilize a victim's resources as much as possible, not only to install RAR1Ransom for extortion, but also to spread GuardMiner to collect cryptocurrency," Fortinet FortiGuard Labs researcher Cara Lin said in a Thursday report.

Why Crypto Winter is No Excuse to Let Your Cyber Defenses Falter
2022-10-17 10:20

Even as cryptocurrencies lose value - and some crypto companies file for bankruptcy - cryptojacking still poses an urgent threat to enterprises across industries, from financial services to healthcare to industry 4.0 and beyond. Broadly speaking, cryptojacking is defined as the unauthorized and illegitimate use of an unwitting party's compute and/or server power by a malicious actor to mine cryptocurrencies.