Cryptocurrency security covers theft, fraud, ransomware payments, wallet compromise, and blockchain risks involving digital assets and transactions.
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Background for this topic.
Cryptocurrency is a digital asset secured by cryptography and recorded on a decentralized blockchain ledger. It enables peer-to-peer transactions without intermediaries, relying on consensus mechanisms like proof-of-work or proof-of-stake to validate and add transaction blocks. Users control funds through private keys, which are critical for accessing and transferring cryptocurrency.
From an information security perspective, protecting private keys is paramount, as their compromise leads to irreversible theft. Cryptocurrency exchanges and wallet software are frequent targets for hacking, requiring robust security controls and vulnerability management. Additionally, the pseudonymous nature of transactions can facilitate illicit activities, challenging efforts to trace funds and enforce compliance. Defenses include hardware wallets, multi-factor authentication, and secure key management practices to mitigate risks inherent in cryptocurrency operations.
Researchers have blown the lid off a sophisticated malicious scheme primarily targeting Chinese users via copycat apps on Android and iOS that mimic legitimate digital wallet services to siphon cryptocurrency funds
An investigation of cryptocurrency scams and schemes, and Lapsus$: Oxford teen accused of being multi-millionaire cyber-criminal
Bitcoin millionaire teen said to be among those detained British cops investigating a cyber-crime group have made a string of arrests.…
~30 crypto companies were affected, including BlockFi, Swan Bitcoin and NYDIG, providing an uncomfortable reminder about how much data CRM systems snarf up.
North Korean state hackers have exploited a zero-day, remote code execution vulnerability in Google Chrome web browser for more than a month before a patch became available, in attacks targeting news media, IT companies, cryptocurrency and fintech organizations. [...]
We provide an overview of the diverse range of NFT- and cryptocurrency-related scams that malicious actors use to steal assets worldwide.
Vulnerable routers from MikroTik have been misused to form what cybersecurity researchers have called one of the largest botnet-as-a-service cybercrime operations seen in recent years. According to a new piece of research published by Avast, a cryptocurrency mining campaign leveraging the new-disrupted Glupteba botnet as well as the infamous TrickBot malware were all distributed using the same
English courts praised for giving victims a sympathetic hearing
Social engineering attacks leveraging a combination of romantic lures and cryptocurrency fraud have been luring unsuspecting victims into installing fake apps by taking advantage of legitimate iOS features like TestFlight and Web Clips