Cryptocurrency Mining Campaign Hits Linux Users with Go-based CHAOS Malware
A cryptocurrency mining attack targeting the Linux operating system also involved the use of an open source remote access trojan (RAT) dubbed CHAOS. The threat, which was spotted by Trend Micro in November 2022, remains virtually unchanged in all other aspects, including when it comes to terminating competing malware, security software, and deploying the Monero (XMR) […]
Researchers smell a cryptomining Chaos RAT targeting Linux systems
A type of cryptomining malware targeting Linux-based systems has added capabilities by incorporating an open source remote access trojan called Chaos RAT with several advanced functions that bad guys can use to control remote operating systems. Trend Micro security researchers discovered the threat last month. Like earlier, similar versions of the miner that also target […]
New York Financial Regulator Issues Crypto Guidance for Banks
New York Department of Financial Services reminds banks looking to branch out into cryptocurrency to first seek approval from the regulator Adrienne Harris, superintendent of the New York State Department of Financial Services, said the new guidance on crypto-related activities is needed as the traditional financial institutions continue to innovate and as the crypto […]
Crypto giant Genesis files for bankruptcy, after FTX collapse
Genesis, one of the biggest cryptocurrency lenders, has filed for bankruptcy in the United States, becoming the latest casualty of the global crypto meltdown. Genesis Global Capital filed for Chapter 11 bankruptcy protection late on Thursday in New York, with a court filing estimating the lenders’ assets and liabilities to both be in the range […]
North Korea-linked hackers behind $100 million crypto heist, FBI says
KEY POINTS The FBI said it was “able to confirm” that Lazarus Group, aka APT38, a group linked to North Korea, was responsible for the attack on the so-called Horizon bridge last year. Hackers stole $100 million worth of cryptocurrencies in the attack on the Horizon bridge, which traders use to swap digital tokens between different […]
Crypto scam apps infiltrate Apple App Store and Google Play
Operators of high-yielding investment scams known as „pig butchering“ have found a way to bypass the defenses in Google Play and Apple’s App Store, the official repositories for Android and iOS apps. Pig butchering scams have been happening for a few years. They use involve fake websites, malicious advertising, and social engineering. By adding fraudulent […]
Crypto Drainers Are Ready to Ransack Investor Wallets
Cryptocurrency drainers are the latest hot ticket being used in a string of lucrative cyberattacks aimed at virtual currency investors. There’s a trendy new way to con cryptocurrency investors out of the contents of their wallets, no blockchain know-how required. Threat actors are selling ready-made, spoofed crypto webpages to be served up as phishing lures, […]
South Korea sets independent sanctions for crypto theft against North Korea
The sanctions against several well-known individuals and hacking groups came just hours after S. Korea announced a joint cyber venture with U.S. intelligence agencies against ransomware threats. South Korea announced its first independent sanctions related to cryptocurrency thefts and cyberattacks against specific North Korean groups and individuals. According to Seoul’s Ministry of Foreign Affairs, four North […]
Complex IT environments complicate the integrity of devices and applications
Spending on cyber security solutions has exploded in recent years. Tens of billions of dollars are now spent every year on new tools to protect companies from the threat of cybercriminals. Although the move toward greater prevention and protection is fundamentally positive, attackers are becoming more sophisticated and finding new ways to penetrate organizations. Torsten George, VP […]
Almost every second hacked company in Germany paid a ransom to cyber criminals
Cybercrime is not only a danger for companies, but also an alarmingly successful business model: a ransomware attack led to a ransom payment for almost every second company in Germany (45%). For smaller companies with up to 1,000 employees, it was even more than half, at 55 percent. This is the result of a SoSafe survey of more […]
