A recent report indicated that as proof-of-work-based cryptocurrencies such as Bitcoin and Monero were increasing in value in 2020, the cryptojacking cases worldwide have surged after a year of continuous decline.Cryptojacking On The Rise In 2020The term cryptojacking refers to when an unauthorized person gains access to a computer for mining (or minting) digital assets. These attacks can sometimes be so precise and critical that the victim fails to comprehend what is draining his device’s...
Read More »India Prime Minister’s Twitter Account Compromised: Attackers Demand Cryptocurrencies
Twitter continues to experience technical issues trying to protect high-profile accounts as the social media giant has confirmed another hack. This time, it involved India’s Prime Minister Narendra Modi. Upon taking over the account, the perpetrators had requested donations in Bitcoin and other cryptocurrencies.Twitter Hacks – The Indian EditionLess than two months ago, the social media giant experienced a significant security breach. The hackers, which turned out to be led by a teenager,...
Read More »Uber’s Former CSO Charged With Covering Up A Hack And Paying $100K In Bitcoin
The US Department of Justice has alleged that Joseph Sullivan, the former Chief Security Officer of Uber, has covered up a 2016 hack on the company that compromised data of millions of users and drivers. According to the DOJ, Sullivan paid the hackers $100,000 in Bitcoin.Uber Former CSO Covers Up A Hack?The announcement from the DOJ informed about a recently filed complaint against Sullivan, who served as Uber’s CSO from April 2015 to November 2017. It charged him with “obstruction of justice...
Read More »This is How Hackers Stole 116 BTC From University of California
Hackers pulled off a successful ransomware attack on COVID-19 researchers from the University of California in San Francisco and received 116 bitcoins.Now, recently surfaced transcripts reveal how the entire operation played out.Phase One: The HackAlthough the name of the group was initially a mystery, the Bloomberg report said that the organization had a history of targeting health-care entities. Later on, a group dubbed Netwalker claimed credit for executing the ransomware attack on the...
Read More »Alleged Teenage Twitter Hacker Reportedly Owns $3.3M Of Bitcoin
The latest twist regarding the notorious Twitter hack from July indicated that the 17-year old alleged mastermind of the entire operation owns over $3 million worth of Bitcoin. Graham Ivan Clark faces 30 criminal charges, and his bail was set at $725,000.Twitter Hacker Owns $3.3M Worth Of BTCAs CryptoPotato reported in mid-July, unknown perpetrators gained access to numerous accounts of famous individuals and companies on the social media giant Twitter.Although they initially targeted popular...
Read More »The Bitcoin Giveaway Twitter Scam Caused By A Phone Spear-Phishing Attack
After the infamous Twitter hack in mid-July, the social media giant has published a new update on its investigation, informing that the perpetrators successfully targeted a small number of employees through a phone spear-phishing attack.Phishing Attack Caused The Twitter HackFollowing the blatant attack on its network, Twitter has been quite transparent in its investigations, at least according to the regular updates the company shares. In the latest one, the social media platform outlined...
Read More »Cryptocurrency Wallet Ledger Reports Data Breach Of 1 Million Emails
Leading cryptocurrency hardware wallet provider, Ledger, announced Wednesday that it suffered a data breach, which affected the personal information of thousands of users in late June.According to a detailed report published by Ledger today, the breach occurred on June 25. The attacker accessed a part of the company’s e-commerce and marketing database, containing mostly email addresses used for sending order confirmation and promotional emails.9,500 Users ExposedLedger further noted that the...
Read More »Report: Cryptojacking Attacks in Mexico On The Rise
A recent report revealed that while 70% of organizations based in Mexico utilize cloud services, their networks are alarmingly exposed to external threats. Local companies have particularly complained that the number of cryptojacking cases has increased in the past year.Cryptojacking Rises In MexicoThe so-called cryptojacking term relates to cases when an attacker gains unauthorized access to a mobile device or a computer to mine or mint cryptocurrencies. According to a recent research...
Read More »Twitter Explains How 130 of the Most Popular Accounts Got Hacked
On Wednesday, July 15, Twitter accounts belonging to prominent individuals, including Elon Musk, Barack Obama, Bill Gates, Jeff Bezos, and a number of crypto industry executives, were commandeered by hackers who allegedly gained access to internal content moderation tools.A scam was posted requesting Bitcoin to get double the returns. The news went global, and the uninformed crypto detractors blamed Bitcoin once again, though markets did not react, and the price of the asset was...
Read More »Argentina’s Largest Telecom Reportedly a Victim to Monero (XMR) Ransomware
Several cryptocurrency proponents on Twitter have reported that the largest telecommunications company in Argentina called Telecom has become a victim of a ransomware attack. Despite being unknown so far, the perpetrators have demanded a $7.5 million ransom to be paid with the privacy coin – Monero (XMR).Telecom Hacked For Monero?Founded in 1990, Telecom has become the largest telecommunication firm in Argentina. According to popular cryptocurrency analyst and proponent, Alex Kruger, and a...
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