Coincheck Hack Ghosts $534 Million Worth of Cryptocurrency

Following the recent hack of Japanese exchange service Coincheck, $534 million worth of cryptocurrency was stolen from the company’s “hot wallet”. With the investigation revealing that hackers remained undetected for an estimated eight hours on Jan. 25, the Japanese Financial Services Agency (FSA) warned the exchange service to set up improvements that prevent or limit
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Over $400,0000 worth of Stellar Lumen Cryptocurrency Stolen in BlackWallet DNS Hijack

Following a recent hijack of BlackWallet’s DNS server, hackers have allegedly stolen almost 670,000 Lumens from users’ wallets, estimated to be worth around $400,000. BlackWallet.co is a web-based wallet application that lets users manage their Stellar Lumen Cryptocurrency (XLM). The DNS hijack allowed cybercriminals to redirect victims to an attacker-controlled server, from which they could
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Man Charged With Spying on MacOS Users with Malware for 13 Years

A computer programmer from Ohio was recently indicted on 16 charges involving developing and using spyware to exfiltrate sensitive user data, and producing child pornography. Developed for MacOS devices, the FruitFly malware is believed to have been infecting thousands of victims for over 13 years. Although security experts estimate that it remained undetected for years,
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CoffeeMiner PoC Targets Public Wi-Fi Networks to Mine for Cryptocurrency

A recently published proof-of-concept notes that it could be possible for attackers to hijack coffee shop Wi-Fi networks and get connected users to mine cryptocurrencies, according to software developer Arnau Code. A couple of weeks back, an incident involving a Starbucks coffee shop having their customers mining for cryptocurrency – it seems the internet service
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Google’s CPU Patch Builds Software ‘Trampolines’ that ‘Negligibly’ Impact Performance

Following the recent discovery of vulnerabilities in Intel, AMD and ARM CPUs, Google engineers developed a new chip-level patch that specifically addresses one of the three issues, namely the “Branch target injection” that’s also referred to as “Spectre”. Dubbed “Retpoline”, which is derived from “return” and “trampoline”, Google’s software construct is supposed to isolate indirect
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Security Predictions for 2018 Point to Advanced Ransomware and More IoT Threats

  With 2018 just weeks away, we can say with absolute certainty that 2017 hasn’t been a boring year in terms of security incidents. If anything, some malware outbreaks were serious enough to affect almost every country on the map, while dome data breaches have jeopardized the personal information of hundreds of millions of users
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Canadian PayPal Subsidiary, TIO Networks, Leaks 1.6 Million Customer Records

A recent breach affecting PayPal’s recently bought TIO Networks involved the alleged leak of 1.6 million customer records, affecting both TIO customers and customers of TIO billers. The Canadian payments outfit was acquired by PayPal in February 2017 for $233 million, in an effort to help PayPal “expand its global scale of operations”. Although TIO
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