The latest edition of the ISMG Security Report features an analysis of retailer Fat Face’s awkward "strictly private and confidential" data breach notification. Also featured: Discussions on the ethics of buying leaked data and the rise of central bank digital currencies.
Anyone wanting to invent a system designed to stoke widespread abuse by fraudsters would be hard-pressed to best the non-fungible token. Because they get bought and sold using cryptocurrency, it's only a question of when scammers will turn their attention to defrauding NFT aficionados.
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The Florida teen whom prosecutors call the mastermind behind last year's hack of 130 high-profile Twitter accounts to wage a cryptocurrency scam pleaded guilty Tuesday and was sentenced to serve three years in a juvenile facility.
How can crypto banks mitigate the risks of money laundering, synthetic ID fraud and mule accounts? Aaron Lint, CISO at Anchorage Digital Bank, says biometrics and "repeatable cryptography, especially in the form of digital signatures,” can play key roles.
Cybersecurity entrepreneur John McAfee, who already faces tax evasion charges, has now been indicted for allegedly using his vast social media following to run cryptocurrency pump-and-dump schemes as well as promote virtual currencies to investors without revealing his stake in them, federal prosecutors say.
A cryptomining botnet campaign is using bitcoin blockchain transactions to hide command-and-control server addresses and stay under the radar, defeating takedown attempts, according to security firm Akamai.
The latest edition of the ISMG Security Report features an analysis of a federal crackdown on ICO cryptocurrency scams. Also featured: An update on the SonicWall hack investigation and the use of digital IDs to verify COVID-19 testing.
Authorities have accused Serbia-based scammers of capitalizing on the "initial coin offering" bubble that began in 2017, bilking global cryptocurrency investors out of $70 million via Bitcoiin2Gen and other supposed coins and hiring actor Steven Seagal to endorse them.
The latest edition of the ISMG Security Report features an analysis of the critical security issues raised by the hacking of a Florida city water treatment plant. Also featured: The CISO of the World Health Organization discusses supply chain security; hackers steal celebrities' cryptocurrency.
Did Russia pass a tough new cryptocurrency law to help authorities recruit or compel criminal hackers to assist the government? That's the thesis of a new report, which notes that the new regulation includes a host of provisions designed to unmask cryptocurrency users' transactions - or else.
Police have arrested 10 individuals suspected of being part of an international gang that targeted U.S. celebrities by using SIM-swapping attacks to steal cash and more than $100 million in cryptocurrency. Authorities say hackers continue to target cryptocurrency holders and exchanges.
Researchers at Kaspersky are warning that fraudsters are targeting Discord users with a scam centered on a fake cryptocurrency exchange and using the lure of free bitcoin or ethereum cryptocurrency to steal money and personal data.
A previously undocumented malware variant called "Hildegard" is targeting Kubernetes clusters, according to Palo Alto Networks' Unit 42. The malicious code is likely the work of the TeamTNT hacking group, which mines for monero cryptocurrency.