News by results: cybersecurity

8 sneaky crypto scams on Twitter right now

A 19-part thread outlines the sophisticated strategies scammers are using to part crypto users from their funds.

Security firm GK8 offers up to $250K in bitcoin if someone hacks its cold wallet

Israel-based cybersecurity startup GK8 is offering a bounty of up to $250,000 in bitcoin if someone is able to hack its cryptocurrency cold wallet.

IBM, Citi, Ubisoft back Singapore blockchain accelerator for late-stage start-ups

Tribe Accelerator, a homegrown blockchain accelerator backed by Enterprise Singapore, on Wednesday announced that IBM, Citibank and Ubisoft have come on board as corporate partners for the second edition of its four-month programme.

New Linux Malware Mines Crypto While Remaining Undetectable

Two threat analysts recently stumbled upon new Linux malware that keeps its cryptocurrency mining operations hidden.

Researchers Find Monero Mining Malware That Hides From Task Manager

Cybersecurity company Varonis has discovered a new cryptojacking virus, dubbed “Norman,” that aims to mine the cryptocurrency Monero (XMR) and evade detection.

National Stock Exchange Becomes World’s First to List a Tokenized Security

Seychelles’ stock exchange has just listed a tokenized security for trading, becoming the first in the world to do so.

Trend Micro: Cybercriminals Use Obfuscation Trick to Install Crypto Mining Malware

Cybersecurity firm Trend Micro has confirmed that attackers have been exploiting a vulnerability in the Oracle WebLogic server to install monero (XMR) mining malware, while using certificate files as an obfuscation trick. The news was revealed in a Trend Micro blog post published on June 10.

Vitalik Buterin Says Ethereum Must Reach 100,000 Transactions Per Second, Bitcoin May Remain Solely a Store of Value

Ethereum founder Vitalik Buterin says the platform needs to be capable of processing at least 100,000 transactions per second to remain viable in the long run. In a new interview with Abra CEO Bill Barhydt, Buterin says he’s now mainly focused on three overarching issues.

Report: Malware Targets Israeli Fintech Firms Working in Crypto, Forex Trading

Israeli fintech companies that work with forex and crypto trading are being targeted by malware, according to a blog post from threat research department Unit 42 of cybersecurity company Palo Alto Networks published on March 19.

Businesses Increasingly See Crypto Mining Attacks in Cloud Infrastructures

Cryptocurrency mining is reportedly one of the most observed objectives of hackers attacking businesses’ cloud infrastructures, according to a report by AT&T Cybersecurity on March 14.

Cryptocurrencies won't succeed until there's a single global gov't - Kaspersky

Cryptocurrencies will not be successful until government authorities give up their bid to control them, or all countries are united under a single global government, Eugene Kaspersky, CEO of cybersecurity firm Kaspersky Lab told Arabian Business in an interview.

IBM Announces New Service for Blockchain Security Testing

IBM announced the launch of a new blockchain testing service to help identify weaknesses and strengthen security of a wide range of solutions that incorporate the fast-growing technology. Leveraging the extensive security and developer expertise of X-Force Red (IBM Security's team of offensive security experts) penetration testers, the service will evaluate both the backend processes used to manage blockchain networks as well as the actual ledger environment.

Security Report Gives A or A- Rating to 16% of Major Crypto Exchanges, None Get A+

The latest Exchange Security Report from independent analysts at ICORating has given 16 percent of the world’s biggest crypto trading platforms an A rating, and none of them an A+. The analysis, published Dec. 18, ranked Kraken (A), Cobinhood (A) and Poloniex (A-) as the top three most secure exchanges globally.

DX.Exchange Claims Security Vulnerability Has Been Patched

After a tumultuous few days since initially launching their trading platform, the DX.Exchange has made a statement to address the security issues that created vulnerabilities in their system.

Hacker Group: Pay Bitcoin Ransom or We’ll Release 9/11 Papers

TheDarkOverlord, the hacking group that got popular for releasing episodes of the hit TV series Orange is the New Black, has surfaced again, this time they claim to have stolen information related to the 9/11 attack on the World Trade Center back in 2001, per reports on Motherboard.

Kaspersky Lab Says Cryptojacking Cases Have Risen 400% in 2018

Did you know there have been 13 million cryptojacking incidents in 2018? Russian cyber-security firm Kaspersky Lab has released data that cryptojacking cases have gone through the roof rising 400% this year alone.

US Government Issues Advice Over Bitcoin Bomb Threat Emails

The U.S. government has confirmed the existence of bomb threat emails that demand bitcoin from organizations and suggested steps to take.

New Crypto Mining Malware Seen to ‘Evolve,’ Say Researchers

Researchers at Israel-based cybersecurity firm Check Point Software Technologies say that a relatively new form of crypto mining malware, dubbed KingMiner, is “evolving.”

European Union Invites Major Banks to Join Blockchain Forum

The EU is in the process of establishing a blockchain forum and has invited at least five major banks including BBVA and Santander.

Cybersecurity Firm Ranks Safety of Top Crypto Exchanges

Prominent cybersecurity firm Group-IB has graded the security of top crypto exchanges, U.S.-based tech news media the Next Web reported Tuesday, Nov. 6.