Hackers have breached over 50,000 servers across the world to mine cryptocurrency using unusually sophisticated tools, according to a new report.
Cybersecurity firm Guardicore Labs said on May 29 that the large-scale malware effort – dubbed the “Nansh0u campaign” – has been ongoing since February, and had been spreading to over 700 new victims a day.
North Korean hackers have made a phishing attempt on users of the South Korean crypto exchange Upbit.
News correspondents in Korea broke this development on May 29, 2019, detailing the ploy to steal Upbit users’ information. The hackers sent out an email claiming that Upbit users needed to submit more information to become eligible for a prize drawing.
When users opened up the email reportedly containing information about a phony sweepstakes and its payout, malware would activate, giving the hackers access to user information and control of their devices for later access.
Not too many people should be surprised to learn the EternalBlue hacking exploit is still making the rounds. After becoming a successful tool to deliver WannaCry and NotPetya ransomware, it now seems the exploit is being used to target major cities’ infrastructure. Criminals are having a field day with this exploit. Considering how it was initially developed by the NSA, one could go as far as claiming how justice is being served.
EternalBlue Continues to Make Headlines
Over the past few years, the stolen NSA hacking tools have made quite an impact.
None of the technology firms in existence today wants to be associated with nefarious activity. In the real world, however, it is not as easy to avoid such situations. For ASUS, its update mechanism has fallen victim to more abuse by criminals. Through this service, hackers were able to install backdoor malware on target PCs.
ASUS Faces Another PR Problem
On the one hand, it is commendable to see PC manufacturers offer an update system to keep their clients’ computers protected.
A study by ProPublica found that most ransomware solutions providers have one weird trick for getting rid of hackers – paying them off.
Ransomware activity is growing weekly according to experts at Coveware . The result? Companies who just want to pay the ransom and move on.
According to Coveware, ransomware attacks were up in Q1 2019:
In Q1 of 2019, the average ransom increased by 89% to $12,762, as compared to $6,733 in Q4 of 2018.
A new form of malware is targeting enterprises in Asia to mine monero (XMR) cryptocurrency.
Cybersecurity software provider Symantec published the news in a blog post Wednesday, saying that over 80 percent of victims are located in China, with nations such as South Korea, Japan and Vietnam also seeing activity.
Dubbed “Beapy,” the malicious code is a file-based crypto miner, not a browser-based one, the firm said.
A 21-year-old student from the U.S. who stole over $7.5 million in cryptocurrency via SIM-swapping hacks has been sentenced to 10 years in prison.
The Santa Clara County’s District Attorney’s Office announced Monday that the thief, Joel Ortiz, had hacked the cellphones of at least 40 individuals. Ortiz was a “prolific” SIM swapper, the Attorney’s Office said, adding that in one crime in May 2018, he stole more than $5.
In the cryptocurrency world, it would appear most of the discussions pertaining to ransomware have quieted down. Not because the industry is no longer lucrative, but simply because such attacks have seemingly become so common it isn’t necessarily newsworthy anymore. However, the average Bitcoin payment associated with ransomware attacks has risen significantly.
Ransomware Still Makes the Big Bucks
Over the past few years, there have been numerous news stories involving malware and ransomware.
Cybercriminals have continued to be a menace all over the world.
Hackers in Turkey made away with $2.
The cryptocurrency industry is subject to a lot of attention by criminals and hackers. This has caused many problems in the past, yet also affects present proceedings. The latest victim in this regard is Cryptopia, one of the more prominent altcoin exchanges. After a recent incident, the team confirmed someone accessed specific information and funds without authorization.
The Mysterious Cryptopia Incident
Over the past ten years, numerous Bitcoin exchanges and trading platforms have been infiltrated by criminals and hackers.
Bitcoin often gets a very bad reputation because of its association with criminal activity. While no one can deny criminals have shown a clear bias toward cryptocurrencies, there is much more to Bitcoin than just that. Even so, a recent cyber attack affected the Luas website shows hackers aren’t done with making Bitcoin ransom demands just yet.
Luas Cyber Attack Triggers Bitcoin Demand
Every time a website is hacked and/or information is stolen in the process, there is a genuine chance Bitcoin will play a role of importance sooner or later.
Depending on how one looks at the world, coincidence is either a common thing or doesn’t exist at all. In the world of cyberthreats, it would seem the latter is the more common conclusion. New research shows the NotPetya ransomware attack, as well as a disruption of Ukraine’s power grid, are linked together by one common denominator.
The Industroyer Backdoor Threat
Security researchers often wonder if there are any hidden connections between recent disruptive cyber threat events.
Law enforcement officials have confirmed that hackers from North Korea sought to steal bitcoins from exchanges in South Korea.
In a report released last week, the Republic of Korea's National Police Agency (NPA) said the incidents – which were said to be ultimately unsuccessful – did occur. It further detailed that 25 employees at four different exchanges were targeted in 10 separate "spear phishing" attempts since July.