Tagged: cybersecurity

Data Clouds “Main Focus for Hackers Looking to Mine Cryptocurrency” Bitglass Cla

Australian cloud access security brokerage (CASB) Bitglass has published an article in Security Briefing Australia warning that “cloud resources” have become the most coveted target of hackers pervading cryptocurrency mining malware. “Cloud computing” is essentially the outsourcing of data storage to firms running large data… Read More

Chainalysis: Two Professional Groups Behind Majority of Lucrative Cryptocurrency Exchange Hacks

In its latest “Crypto Crime Report,” blockchain forensics firm Chainalysis says that two groups are responsible for 60% of hacks on cryptocurrency exchanges, the most lucrative types of crypto hacks by far: “Hacking dwarfs all other forms of crypto crime, and it is dominated by… Read More

Kudelski Security Announces New Blockchain Security Center

Kudelski Security, the cybersecurity division of the Kudelski Group (SIX: KUD.S), announced on Tuesday the launch of its new Blockchain Security Center (BSC), which is reportedly making available its cryptography expertise into the rapidly evolving blockchain developer community. According to Kudelski Security, the BSC will… Read More

New Monero CryptoMining Malware Targeting Alibaba and Tencent Clouds

Cybersecurity firm Palo Alto Networks’ Unit 42 “global threat intelligence team” has identified a new exploit illegally mining Monero cryptocurrency on Chinese public cloud networks: “Palo Alto networks recently captured and investigated new samples of the Linux coin mining malware used by the Rocke group…. Read More

Cybersecurity Firm ITsMine Provides Al Data Protection Tool Free of Charge Following Marriott Data Breach

Following the recent data breach at Marriott, ITsMine, an Israel-based cybersecurity company that uses AI-based Data Loss Prevention (DLP) to secure organizational data, announced it will provide its solution free of charge to the worldwide hotel industry through the end of 2019. According to ITsMine, the solution offers… Read More

Monetary Authority of Singapore Announces New S$30 Million Cybersecurity Capabilities Grant

The Monetary Authority of Singapore (MAS) announced on Monday the launch of a new S$30 million Cybersecurity Capabilities Grant to strengthen the cyber resilience of the financial sector in Singapore and help financial institutions develop local talent in cybersecurity. According to MAS, the Grant was… Read More

McAfee Labs Detects New Crypto Mining Malware “WebCobra”

Researchers at McAfee Labs have discovered a new type of Russian malware quietly mining Zcash and Monero on exploited computers around the world. The malware “arrives via PUP installers” that drop and install either the Cryptonight Monero miner or Claymore’s Zcash miner onto a system, “depending… Read More

SIM-Swap Cryptocurrency Thefts Being Abetted by Telecom Employees, Police Say

Researchers at Krebs on Security have shed new light on the nature of SIM-swap hacks, which have recently allowed thieves to steal millions in cryptocurrencies. Previously, it was thought that most SIM-swap attacks were being executed by hackers calling up mobile phone companies and impersonating… Read More

“Almost All” Pakistani Banks’ Customer Data Breached in Recent Hacks

At least six banks in Pakistan have frozen their customers’ bank and credit cards and have suspended international remittances in the wake of news that, “almost all major Pakistani banks’ (customer data)” was hacked in recent security breaches, Geo News reports. According to Captain Mohammad… Read More

Researchers Trace Zaif Crypto Exchange Hackers

Cybersecurity researchers in Japan say they have unearthed digital traces that could lead them to the hackers responsible for the September 14th theft of $60 million USD in cryptocurrencies from the licensed Japanese crypto exchange Zaif. The attack in question took place over two hours… Read More

All You Need to Know About Cryptocurrency Wallets

A lot of people think of their cryptocurrency wallet as merely a digitized version of a real wallet that is used for storing funds. However, it doesn’t actually store cryptocurrencies. Rather, it saves a pair of public and private keys that grant access to one’s digital belongings. In a nutshell, a public key is a… Read More

Don’t Brag About Your Bitcoin and Other Tips from Google Email Security Expert

The head of email security at Google says research tracing crypto thefts thefts back to comments made on online message boards means you should never talk up your crypto online, CNBC reports. This is because you never know who is watching nor how the info you… Read More

OurCrowd Labs/02 Portfolio Company ITsMine Named Top 10 Cybersecurity Startup

ITsMine CEO Kfir Kimhi and Ran Norman CTO

ITsMine, a cybersecurity company has been named one of the top 10  most innovative cybersecurity startups at China’s 2018 ISC Conference. ITsMine is a part of the  OurCrowd Labs/02, seed stage incubator portfolio, which focuses on cutting-edge tech in areas including AI, deep learning, autonomous transportation… Read More

Fiserv Forms Strategic Partnership With BlueVoyant to Fight Against Cybercrime

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced on Monday it has formed a strategic partnership with  BlueVoyant, a next-generation cybersecurity company, to deliver a comprehensive managed security platform that specifically addresses the unique needs of financial institutions – from threat detection, response… Read More

Crypto-Security: BlockSafe Uses Tech We All Know to Protect Against Crypto Hacks & Scammers

Cryptocurrency and cybersecurity are at a crossroads. We have all read about huge exchange hacks pilfering gazillions of dollars worth or crypto. Of course, there are the wallet hacks too.  As the blockchain / cryptocurrency industry continues to professionalize, defensive measures designed to mitigate security… Read More

FCA Competition Director Chris Woolard Addresses Financial Crime & Virtual Currencies

Christopher Woolard, Executive Director of Strategy and Competition at the Financial Conduct Authority (FCA), delivered a speech today on the hot topic of cybersecurity, crime and financial services. Delivered at a “TechSprint” in London, Woolard said it was time to bring regulators and tech specialists… Read More

U.S. Bank Teams Up With Plug and Play to Increase Cybersecurity Innovation

Plug and Play announced on Friday that U.S. Bank (USB) has joined its Cybersecurity Innovation Platform as it prepares to kick off its first cohort. According to the hub, through this expanded partnership, U.S. Bank will engage with leading entrepreneurs in the Cybersecurity and Fintech sectors… Read More

World Economic Forum Convenes New Consortium Including Citigroup, Zurich Insurance Group & Kabbage to Address Fintech Cybersecurity

The World Economic Forum announced the creation of a new consortium to strengthen cybersecurity for fintech companies and data aggregators. The consortium’s founding members include global bank Citigroup, insurance company Zurich Insurance Group, fintech lender Kabbage, infotech company Hewlett Packard Enterprise (HPE), and financial infrastructure… Read More

On Guard! Rivetz & Ammbr Unite to Promote Multifactor Authentication

Rivetz Corp., a provider of mobile, decentralized security solutions for business customers worldwide, today announced a partnership agreement with Ammbr, a decentralized mesh network tokenizing broadband internet access founded earlier this year and based in Singapore. Rivetz and Ammbr will work together to integrate and… Read More

Russian National Settlement Depository Creates Blockchain Based Confidentiality Solution

Russia’s central securities depository, the National Settlement Depository (NSD), shares that it has created a Blockchain based confidentiality solution. NSD says this opens prospects for implementation of blockchain-based corporate solutions across a broader realm of services. NSD says it took half a year for its development… Read More

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