YouTube Fraudsters Steal $1.7m in Crypto 'Giveaway'
Scheme used footage from entrepreneurs and crypto enthusiasts
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.
Scheme used footage from entrepreneurs and crypto enthusiasts
From serverless to server, yes! Cado Security says it has discovered a strain of malware specifically designed to run in AWS Lambda serverless environments and mine cryptocurrency.…
The U.S. Department of the Treasury's Office has announced sanctions against the cryptocurrency exchange Garantex, which has been linked to illegal transactions for Hydra Market. [...]
US also charges Russia-based web host owner regarding cyber-crime market US and German federal agencies came down hard on Hydra, the longest-running known dark-web marketplace trafficking in illegal drugs and money-laundering services, with a multi-pronged attack that aimed to cut off multiple heads of the nefarious online beast.…
Police shut down darknet market’s servers and seize bitcoin worth $25M
The popular underground market traded in drugs, stolen data, forged documents and more -- raking in billions in Bitcoin.
Germany's Federal Criminal Police Office, the Bundeskriminalamt (BKA), on Tuesday announced the official takedown of Hydra, the world's largest illegal dark web marketplace
Email marketing service Mailchimp on Monday revealed a data breach that resulted in the compromise of an internal tool to gain unauthorized access to customer accounts and stage phishing attacks. The development was first reported by Bleeping Computer
Staff socially engineered into handing over internal system credentials Mailchimp has confirmed a miscreant gained access to one of its internal tools and used it to steal data belonging to 100-plus high-value customers.…
Email marketing firm MailChimp disclosed on Sunday that they had been hit by hackers who gained access to internal customer support and account management tools to steal audience data and conduct phishing attacks. [...]
A previously undocumented "sophisticated" information-stealing malware named BlackGuard is being advertised for sale on Russian underground forums for a monthly subscription of $200
A compromised Trezor hardware wallet mailing list was used to send fake data breach notifications to steal cryptocurrency wallets and the assets stored within them. [...]