Hackers Take Over Amazon Ring Camera, Demanding 50 Bitcoin Ransom While Setting Off the Alarm

2019-12-12 20:09

Hackers are becoming more and more bold in their efforts to steal cryptocurrency from unsuspecting investors. A recent attack in Texas, for example, involved a breach of home security cameras by these extortionists, hacking the system to demand cryptocurrency from a couple.

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DOJ, FBI, IRS Joint Task Force Arrest Twenty Year Olds For SIM Swapping, Stealing $550,000 In Crypto

SIM swapping is a method of infiltrating someone’s phone, presently being used in the crypto industry by hackers that want to steal cryptocurrency and take over social media accounts. The method has been used by multiple hackers, but a press release reveals that the FBI has already arrested two residents in Massachusetts for their own […]

2019-11-15 09:03


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Spanish City Battles Ransomware Attack as Hackers Demand for Bitcoin

The online processes of Jerez de la Frontera, a city of more than 200k inhabitants located in southern Spain, have been crippled by a severe ransomware attack. The hackers are demanding an undisclosed amount in bitcoin and Spanish authorities are yet to pay the ransom and have instead deployed three cybersecurity experts to the area,Read MoreRead More.

2019-10-8 09:00


In-person meatspace protocol to prove unconditional possession of a private key

Recommended pre-reading: https://ethresear. ch/t/minimal-anti-collusion-infrastructure/5413 Alice slowly walks down the old, dusty stairs of the building into the basement. She thinks wistfully of the old days, when quadratic-voting in the World Collective Market was a much simpler process of linking her public key to a twitter account and opening up metamask to start firing off votes.

2019-10-2 04:03


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French cyber-cops shut down Monero-mining botnet that infected 850,000 computers across 100 countries

Authorities in France say they have shut down a cryptocurrency mining botnet that had infected more than 850,000 computers across 100 countries. France‘s “cybergendarmes” or more formally, the C3N digital crime-fighting center was alerted to the potential fact that a server based in Paris had been distributing a virus called Retadup, BBC reports.

2019-8-29 10:32


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Cryptojacking malware found in 11 RubyGem language repositories

Malware designed to surreptitiously infect victims’ computer systems and mine cryptocurrency on behalf of hackers has been found in 11 code libraries on programming language manager RubyGems. Hackers exploited RubyGems – a package manager for the Ruby programming language that devs use to upload and distribute new versions of software – by downloading Ruby libraries, adding the malicious code, and re-uploading them under new names Decrypt reports.

2019-8-22 10:20


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Federal judge refuses to dismiss $224M lawsuit against AT&T for SIM-swap bungle

A US federal judge has rejected AT&T‘s request to dismiss a $224 million lawsuit over a devastating SIM-swapping incident that led to $24 million in stolen cryptocurrency. A press release confirms the communications giant will face court over allegations it violated the Federal Communications Act, a consumer contract, as well as several other laws, when hackers assumed the identity (and telephone account) of cryptocurrency investor Michael Terpin in 2017.

2019-7-23 13:05


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New York City College Struck by Ransomware, $1.9 Million in Bitcoin Demanded

Munroe College in Manhattan has been hit by a ransomware attack that has shut down the college’s computer systems. The hackers are demanding 170 bitcoin (BTC), which is roughly $1. 9 million. The malware infection came to light on the morning of July 10, but the specifications of the infection are still largely unknown, as reportedRead MoreRead More.

2019-7-15 13:00


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Crypto CEO kidnapped in Toronto, $1m ransom paid for release

Toronto police are investigating the kidnapping of Dean Skurka, CEO of WonderFi. Skurka was abducted in downtown Toronto during rush hour on Wednesday, Nov. 6. He was later released after a $1 million ransom was paid electronically, per CBC. The…

Cencora paid $75m in Bitcoin ransomware: Bloomberg

Cencora, a healthcare solutions provider, paid a total of $75 million to a ransomware group earlier this year, according to Bloomberg. The publicly traded drug distributor, formerly known as AmerisourceBergen, reportedly sent Bitcoin (BTC) worth $75 million to cyberattackers following…