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Speaking on a Unitize digital conference panel about proof-of-work, or PoW, attacks, James Lovejoy of MIT's Digital Currency Initiative, or DCI, said 51% attacks might not be evident, despite blockchain's public nature. Blockchains do not always show 51% attacks at first glance, Lovejoy explained on the July 9 panel. "You need an
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Microsoft Security Intelligence alerted users to a type of ransomware, called Avaddon, that uses Excel 4.0 macros to distribute malicious emails. These emails contain attachments which deploy an attack when opened in any version of Excel.Avaddon ransomware emerged in early June through a massive spam campaign that randomly targeted its
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A study published by cybersecurity firm, Proofpoint, shows an increase in email-based phishing attacks used to deliver ransomware over the last few months.According to the report, first-stage deployments of ransomware are reportedly on the rise and have mostly been targeting the United States, France, Germany, Greece, and Italy.The attacks appear
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A report from the Cyber Security Agency of Singapore, or CSA, shows that the number of ransomware attacks cases rose in 2019, compared to figures recorded in 2018.According to a “Cyber Landscape 2019” study published by the Singaporean government, the entity received 35 reports of ransomware incidents in 2019. This
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[sociallocker id="55298"] Data published by Russian cybersecurity firm Kaspersky indicates that Singapore has seen a significant increase in the prevalence of attempted cryptojacking attacks during the first quarter of 2020.Kaspersky estimates that 11,700 attacks were attempted on devices located in Singapore from January until March — up from 2,900 as
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[sociallocker id="55298"] The 20th iteration of Bitcoin Core, the open source software powering the Bitcoin blockchain, was released Wednesday.Experimental software called “Asmap” was included to protect against a theoretical “Erebus” attack.An Erebus attack allows nation-states and/or large internet providers such as Amazon Web Services to spy, double-spend or censor bitcoin
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Educational services across the globe have been witnessing a surge in ransomware attacks in 2020. According to Verizon’s 2020 Data Breach Investigation Report, ransomware attacks account for approximately 80% of all cyberattacks suffered.The data suggests 92% of these incidents were motivated by financial reasons, while only 3% aimed to perform
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As Zhao told Cryptox on May 4, the April 29 attack was “well-coordinated” and focused on making Binance services unavailable in some countries of Asia.Competitors behind the attacks?Zhao emphasized that there are “a number of tell-tale” signs that such attacks came from competing exchanges.In the statement, Binance’s CEO stated that
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An April 21 report by malware lab Emsisoft showed that there was a significant drop in the number of successful ransomware attacks on the US public sector during Q1 2020.The findings show a total of 89 organizations were victims of ransomware in the first quarter of the year. And as
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Lawyers for Satoshi claimant Craig Wright have strongly criticised a magistrate's order as wrong in law and “based in significant part on personal attacks” against Wright and his Kenyan attorney.Wright‘s team was objecting to the Order on Discovery filed April 8 in the U.S. District Court in the Southern
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