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Cybersecurity Company Kaspersky Poised to Save the Crypto Industry From Cybercriminals

The multinational cybersecurity and antivirus company Kaspersky has released info about its cybersecurity services that are aimed at protecting crypto and blockchain-oriented companies from cybercriminals.According to CipherTrace’s Cryptocurrency and Anti-Money Laundering research, the global crypto ecosystem lost up to a whopping $4.26 billion to criminals and fraudsters in the first

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IRS Successfully Unraveled ‘Dozens’ of New Cryptocurrency Cybercriminals

With cybercrimes associated with virtual currencies are continuously on the rise, it is more critical than ever to have security agencies and financial regulators actively scouting this emerging crypto space.Although cyber crimes have been around for several decades now, we can all attest to the fact that these criminals take

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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.As previously reported, forms

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Cybercriminals Sneak in Crypto Mining Malware via Confluence Software Exploit

Cybercriminals are now reportedly exploiting known vulnerability CVE-2019-3396 in the software Confluence, a workspace productivity tool made by Atlassian, according to a report by security intelligence firm Trend Micro Inc. on May 7.The exploit that has been developed allows cybercriminals to stealthily install and run a monero (XMR) miner

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FSIN’s Internal Systems Hacked, Pays $20,000 in Bitcoin as Ransom to Cybercriminals

Database management and insecurity have continued to pose a threat to financial institutions and the cryptospace at large. The Federation of Sovereign Indigenous Nations (FSIN), a body committed to the promotion, protection, and implementation of the treaty promises, recently fell victim to hackers and paid $20,000 in bitcoin as ransom,

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Bitcoin Remains Cybercriminals’ First Choice, But Privacy-Focused Alts Will Rise

Europol’s new cybercrime report has found that Bitcoin (BTC) remains the most popular form of crypto for illicit uses, but predicts a rise in the popularity of anonymity-focused altcoins such as Zcash (ZEC) and Monero (XMR). The report, the fifth edition of Europol’s Internet Organised Crime Threat Assessment (IOCTA) to

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