Tagged: hack

May 29, 2019 @ 7:17 am By Cali Haan  |  

A court in the Southern District of New York has granted provisional relief to defunct New Zealand cryptocurrency exchange Cryptopia as it attempts to maintain access to customers’ trading balance data managed by an Arizona firm claiming the exchange owes it $2 million USD. Cryptopia… Read More

May 18, 2019 @ 9:30 am By Cali Haan  |  

Liquidating New Zealand crypto exchange Cryptopia has announced that it has halted trading and frozen customer assets and balances, “In order to… get an accurate picture of the current situation.” Accordingly, no withdrawals of fiat or crypto will be permitted by the exchange until, “…an… Read More

May 12, 2019 @ 2:17 pm By Cali Haan  |  

Six members of a transnational hacking group known as “The Community” have been indicted in the Eastern District of Michigan and charged with conspiracy to commit wire fraud, wire fraud and aggravated identity theft in relation to SWIM-swap hacks they allegedly conducted to steal cryptocurrencies by… Read More

May 11, 2019 @ 10:49 am By JD Alois  |  

Michael Terpin, a prominent cryptocurrency advocate and founder of Marketwire, has won a whopping $75.8 million civil judgment against SIM Swap perp Nicholas Truglia, according to a report in Reuters referencing court documents.  In the theft, Terpin was fleeced of approximately $24 million in crypto… Read More

May 9, 2019 @ 4:22 pm By Cali Haan  |  

Changpeng Zhao, CEO and founder of Binance, the world’s largest cryptocurrency exchange, stirred controversy this week when he suggested that colluding Bitcoin miners could “roll-back” Bitcoin’s data records and recover $41 million USD in bitcoins hacked from Binance this week. Zhao made the comments in… Read More

May 8, 2019 @ 3:13 pm By JD Alois  |  

Schadenfreude? Binance, the largest crypto exchange in the world, suffered a humbling hack where a hot wallet was compromised and criminals absconded with a mere $40 million. Other exchanges and crypto insiders have been quick to comment on the ignominious event. Julie Plavnik, CBDO at… Read More

May 8, 2019 @ 12:18 pm By Cali Haan  |  

Hackers breached a single hot wallet at Binance this week and made off with $40.7 million USD in Bitcoins. This is according to the “Binance Security Breach Update” posted May 7th on the Binance website: “We have discovered a large scale security breach today, May 7,… Read More

April 11, 2019 @ 8:23 am By Cali Haan  |  

A 24-year-old hacker who used malware-disseminating ads on porn sites to lock millions of computers and extort cryptocurrency ransoms received a six-year prison sentence this week in London, The Register reports. According to The Birmingham Mail, the accused, Zain Qaiser, “worked for an international Russian… Read More

April 8, 2019 @ 11:02 pm By Cali Haan  |  

North Korea has added to its standard program of hacking banks in the developing world by launching computer-borne attacks against cryptocurrency exchanges, Wired reports. To further complicate matters, at least part of the billions of dollars so far garnered in these hacks is being used… Read More

April 2, 2019 @ 8:30 pm By Cali Haan  |  

41% of cyber attacks are deployed against healthcare entities, Canadian Underwriter reports, whereas only 20% of attacks are leveled at financial firms. The information comes from specialist insurer Beazley in its Beazley 2019 Breach Briefing. The reason healthcare targets are preferred, says Beazley, is because unlike… Read More

March 30, 2019 @ 7:10 am By Cali Haan  |  

“(Cryptomining) Attackers are following the money to the UAE,” says Hussam Sedani, Middle East manager for the cybersecurity firm Symantec. And according to UAE media outlet The National, instances of malware-based cryptojacking, in which personal devices are “zombified” and forced to mine cryptocurrencies, are twice… Read More

March 29, 2019 @ 5:30 am By Cali Haan  |  

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

March 29, 2019 @ 3:32 am By Cali Haan  |  

Operations at the American chemical firms Hexion and Momentive were disrupted March 12th when company computer systems were locked up by LockerGoga ransomware, Motherboard reports. LockerGoga is the same ransomware experts believe was used to cripple operations at American and European aluminum smelters run by… Read More

March 28, 2019 @ 12:55 pm By Cali Haan  |  

Hackers have compromised the personal data of up to 120 000 police officers working in England and Wales, and are believed to be demanding a ransom of cryptocurrencies for the data’s safe return, UK news outlet The Sun reports. Data affected by the breach include… Read More

March 16, 2019 @ 9:31 am By Cali Haan  |  

An 18-year-old young man in Japan has been turned over to prosecutors to face allegations he hacked 15 million yen ($134 ooo USD) worth of Mona cryptocurrency from a “digital currency storage website,” Japan Today reports. Police claim this is the first time charges have… Read More

March 12, 2019 @ 7:55 am By Cali Haan  |  

A hacker has attempted to sell hacked elite college admissions files to teenaged hopefuls waiting to find out if they have made it into their colleges of choice, Consumer Affairs reports. The hacker originally offered to sell files for 1 Bitcoin ($3800 USD)  in a… Read More

March 8, 2019 @ 7:49 pm By Cali Haan  |  

Expert panelists have informed the UN Security Council’s North Korea Sanctions Committee that the tiny country has been hacking global cryptocurrency trading platforms to obtain capital, Nikkei Asian Review reports. This is the first time the panel has addressed the UN Security Council regarding cyberattacks… Read More

February 27, 2019 @ 8:36 am By JD Alois  |  

In a blog post earlier this week, cryptocurrency exchange Bitfinex reported that 27.66270285 BTC (approximately $105,000) have been returned to customers due to the efforts of US law enforcement. The returned Bitcoins were part of a theft that took place in 2016. Bitfinex reported that it… Read More

February 17, 2019 @ 4:49 pm By Cali Haan  |  

Be careful: that romantic email from an unknown suitor could end up grabbing your data. So say cybersecurity researchers at the Mimecast Threat Labs, who warned the public this week that random emails offering gifts, flowers or other friendly gestures may contain infectious links designed… Read More

February 17, 2019 @ 1:48 pm By Cali Haan  |  

A hacker that posted 620 million individual’s data for sale earlier this week on the Dark Net marketplace “Dream Market” has now added the private data of an additional 127 million people, including 450 000 users of the Israel-based crypto exchange, Coinmama, TechCrunch reports. The… Read More