The development team behind the “privacy coin” Monero has taken exception to a Reuters report profiling the coin and highlighting its use by criminals. “For a story that ‘examines the features and characteristics of some of the alternatives to Bitcoin that have grabbed the attention… Read More
Two of three Romanian cybercriminals who targeted American citizens and businesses from abroad in elaborate cybercrime schemes initiated in 2007 have been convicted in Ohio. Bogdan Nicolescu, 36, and Radu Miclaus, 37, will be sentenced August 14th after being found guilty of 21 counts of… Read More
Mozilla, the software company behind popular free web browser Firefox, is confronting the increasingly relevant problems of online privacy-intrusion and cryptojacking by releasing a test version of enhanced Firefox software that blocks these activities. “To combat these threats,” writes Mozilla, “we are pleased to announce new… Read More
By most estimates, “cryptojacking” and “shadow mining,” the secret mining of cryptocurrencies on other people’s machines, are increasing as hackers have started to favour them over confrontational ransomware and other hacks. But Security Information and Event Management firm Exabeam says that most IT professionals they… Read More
A man who secretly mined cryptocurrencies on the computers of people visiting his websites has been acquitted by a judge in Japan, Japan Today reports. The man was arrested last year and charged with violating Japanese laws that prohibit the dissemination of computer viruses. But… Read More
Cyberpolice in Ukraine say they have arrested a 32-year-old Bukovina resident accused of using “cryptojacking” software against a million individuals without their consent. Police allege the man deployed the software surreptitiously to the computers of individuals visiting websites run by the man. The sites reportedly… Read More
Citing miner-attrition from “forks” and declining crypto prices, CoinHive, an in-browser crypto mining software service favored by malicious cryptojackers, will be shutting down in March, ZDNet reports. CoinHive was initially conceived as a way for websites to earn revenue from visitors without having to show… Read More
Increased competition in the “DDos-attack-for-sale” market and sometimes attractive cryptocurrency prices are inclining botnet commanders to switch their priorities towards the dissemination of crypto mining malware, cybersecurity researchers at Kaspersky Lab (KL) claim. In a DDos attack, an infected network of computers called a botnet sends… Read More
St Francis Xavier University in Antigonish, Nova Scotia, Canada had to shut down its entire network for four days last week to fend off a crypto-mining malware attack, Global News reports. Campus email, Wi-Fi, debit transactions, online course selection, cloud storage, and drives on the… Read More
A man in Bloomington, Indiana claims he was coerced into cooperating with a group of “Call of Duty” players that “cryptojacked” (stole) $3.3 million dollars of cryptocurrency from various victims, Chicago Sun Times reports. Though no charges have yet been laid, unsealed court documents show… Read More
Security researchers in India have found malware that secretly mines cryptocurrencies on hundreds of local government computers, Economic Times reports. Sites for the Municipal Administration in Andhra Pradesh, Tirupati Municipal Corporation and Macherla municipality are among those affected. “CryptoJacking” attacks inject cryptocurrency mining malware (malevolent… Read More
IT directors at 750 companies with 250 or more employees in the UK are reporting a steady increase in attempted “crypto-jacking” attacks on enterprise computer systems, with 30% of all companies reporting attacks in May, the month the survey was conducted. The findings were determined… Read More
Police in Japan have charged three individuals with infecting the computers of unsuspecting individuals with malware that mines the privacy cryptocurrency Monero. According to the Japanese daily news provider Mainichi, the three individuals are accused of setting up web sites designed to attract and then surreptitiously… Read More
Around the Ides of March, Google (following in Facebook’s footsteps) banned all cryptocurrency advertising, effective June 2018. Crowdfund Insider reported that in 2017 alone Google blocked 3.2 billion ads from its platform. Now Chrome has added to its Developer Program Policies a ban that prohibits products… Read More
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