Security News

In 1965, Gordon Moore published a short informal paper, Cramming more components onto integrated circuits. Based on not much more but these few data points and his knowledge of silicon chip development - he was head of R&D at Fairchild Semiconductors, the company that was to seed Silicon Valley - he said that for the next decade, component counts by area could double every year.

The United States Department of Justice on Wednesday unsealed an indictment against two Russian nationals allegedly engaged in cryptocurrency fraud schemes. The two, Danil Potekhin and Dmitrii Karasavidi, allegedly targeted three cryptocurrency exchanges - two in the United States and one abroad - and their customers to defraud them of at least $16.8 million in virtual currency.

U.S. authorities today announced criminal charges and financial sanctions against two Russian men accused of stealing nearly $17 million worth of virtual currencies in a series of phishing attacks throughout 2017 and 2018 that spoofed websites for some of the most popular cryptocurrency exchanges. Prosecutors say the men then laundered the stolen funds through an array of intermediary cryptocurrency accounts - including compromised and fictitiously created accounts - on the targeted cryptocurrency exchange platforms.

"We want to reassure everyone that this event won't stop our journey. After the security audit of renowned global companies, our operations will continue. We will announce the date of the reopening of the ETERBASE Exchange platform as soon as possible." If you're running Multi-Factor Authentication or Palo Alto's Captive Portal interface, an attacker can exploit a buffer overflow to ultimately gain code execution as root.

Cybercriminals successfully plundered another digital cryptocurrency exchange. European cryptocurrency exchange Eterbase this week disclosed a massive breach of its network by an unknown group of hackers who stole cryptocurrencies worth 5.4 million dollars.

A previously undocumented malware family called KryptoCibule is mounting a three-pronged cryptocurrency-related attack, while also deploying remote-access trojan functionality to establish backdoors to its victims. Looking at timestamps in the various versions of KryptoCibule that ESET has identified, the malware dates from December 2018, researchers said.

The U.S. government aims to seize control of 280 illegal cryptocurrency accounts it claims were used by North Korean state-sponsored attackers in their efforts to hack cryptocurrency exchanges and funnel hundreds of millions in stolen funds through a Chinese money-laundering network. The U.S. Department of Justice filed a civil forfeiture complaint against North Korea Thursday as part of a broader effort to shut down that it said were state-sponsored cyberattacks on currency exchanges by hackers.

Computer scientists have developed a new artificial intelligence system that may be able to identify malicious codes that hijack supercomputers to mine for cryptocurrency such as Bitcoin and Monero. "Based on recent computer break-ins in Europe and elsewhere, this type of software watchdog will soon be crucial to prevent cryptocurrency miners from hacking into high-performance computing facilities and stealing precious computing resources," said Gopinath Chennupati, a researcher at Los Alamos National Laboratory and co-author of a new paper in the journal IEEE Access.

The nation-state threat operator Lazarus Group is being tied to a recent phishing campaign that targeted admins at a cryptocurrency firm via LinkedIn messages. Researchers say that the recently identified a series of incident that were part of a broader campaign targeting businesses worldwide through LinkedIn messages sent to targets' personal LinkedIn accounts.

Infosec biz F-Secure has uncovered a North Korean phishing campaign that targeted a sysadmin with a fake Linkedin job advert using a General Data Protection Regulation themed lure. The sysadmin worked for a cryptocurrency business, said the threat intel firm, which made him a ripe target for the money-hungry state hackers Lazarus Group, aka APT38, supposedly backed by North Korea.