Krebs on Security

DECEMBER 11, 2024

Richard Sanders is a blockchain analyst and investigator who advises the law enforcement and intelligence community. ” Russian President Vladimir Putin in August signed a new law legalizing cryptocurrency mining and allowing the use of cryptocurrency for international payments.

Blockchain 290

Blockchain Mining Marketing IT 290

Security Affairs

JANUARY 8, 2019

Ethereum Classic (ETC) is the original unforked Ethereum blockchain, the attacks resulted in the loss of $1.1 51% attack refers to an attack on a blockchain by a group of miners that controls over 50% of the network’s mining hashrate. million worth of the digital currency. ” reads a blog post published by Coinbase.

Blockchain 279

Blockchain Mining IT Security 279

Schneier on Security

MARCH 17, 2021

Now the content-delivery network Akamai has reported on a new method: a botnet that uses the Bitcoin blockchain ledger. Since the blockchain is globally accessible and hard to take down, the botnet’s operators appear to be safe. What if someone puts illegal material in the blockchain? Most Bitcoin mining happens in China.

Blockchain 145

Blockchain Paper Government Mining 145

Security Affairs

JULY 24, 2018

.” The binary establishes a connection to the C&C server, then scans processes running on the compromised device and attempts to kill any that are running the CoinHive script that could be mining Monero. At the same time, the binary attempts to spread to other devices as a worm. Pierluigi Paganini.

Mining 177

Mining IoT Blockchain Risk 177

Security Affairs

DECEMBER 7, 2021

The blockchain-enabled botnet has been active since at least 2011, researchers estimate that the Glupteba botnet is currently composed of more than 1 million Windows PCs around the world. “As announced today , Google has taken action to disrupt the operations of Glupteba, a multi-component botnet targeting Windows computers.

Blockchain 325

Blockchain Mining Cloud Access 325

The Last Watchdog

OCTOBER 28, 2021

However, these attacks aren’t due to exchange security flaws; malicious actors are exploiting the underlying consensus protocols of blockchains themselves. Every blockchain uses a consensus protocol which allows all nodes on the network to agree on the current state of the blockchain.

Blockchain 203

Blockchain Mining Security IT 203

WIRED Threat Level

DECEMBER 10, 2019

Five men face federal charges of bilking investors of $722 million by inviting them to buy shares in bitcoin mining pools. .

Mining 359

Mining Blockchain Security 359

Security Affairs

DECEMBER 19, 2022

The blockchain-enabled botnet has been active since at least 2011, researchers estimated that the Glupteba botnet was composed of more than 1 million Windows PCs around the world as of December 2021. Experts noticed a significant increase of malicious bitcoin addresses along with the increase in TOR hidden service being used as C2 servers.

Blockchain 277

Blockchain IT Mining Security 277

Security Affairs

SEPTEMBER 12, 2020

Fuller discovered that the INVDoS flaw could be exploited by an attacker by using malformed Bitcoin transactions that, when processed by Bitcoin blockchain nodes, would lead to uncontrolled memory resource consuption, which would trigger a DoS condition (i.e. Two years ago, the Bitcoin protocol engineer Braydon Fuller. server crash).

Blockchain 332

Blockchain Paper Mining IT 332

Krebs on Security

MARCH 7, 2022

One Conti top manager — aptly-named “ Stern ” because he incessantly needled Conti underlings to complete their assigned tasks — was obsessed with the idea of creating his own crypto scheme for cross-platform blockchain applications. “Like Netherium, Polkadot and Binance smart chain, etc.,” We release ddos.

Ransomware 277

Ransomware Mining Blockchain Sales 277

Security Affairs

APRIL 28, 2023

The blockchain-enabled botnet has been active since at least 2011, researchers estimated that the Glupteba botnet was composed of more than 1 million Windows PCs around the world as of December 2021.

Blockchain 246

Blockchain Mining Education IT 246

IT Governance

MARCH 29, 2022

Then there’s blockchain mining. In the early days of bitcoin mining, individuals could create new bitcoins using a standard computer set-up, but the process has grown so complex that it now requires a room full of specialised tools. Many people argue that the environmental cost of this is a necessary evil.

Blockchain 113

Blockchain Mining Cloud Risk 113

Schneier on Security

JANUARY 4, 2023

This allows currencies to maintain their decentralized ledger—the blockchain—but requires enormous amounts of energy. Most notably, the “proof of stake” system enables participants to maintain their blockchain by depositing cryptocurrency holdings in a pool. Greener alternatives exist.

Blockchain 23

Blockchain Mining Government Sales 23

Krebs on Security

SEPTEMBER 5, 2023

Taylor Monahan is founder and CEO of MetaMask , a popular software cryptocurrency wallet used to interact with the Ethereum blockchain. The threat actor moved stolen funds from multiple victims to the same blockchain addresses, making it possible to strongly link those victims.” million worth of the $3.4

Passwords 362

Passwords Encryption Blockchain Data breaches 362

IT Governance

FEBRUARY 1, 2018

After all, why lock users’ machines and demand a ransom that they might not even pay when you can just infect their machine with software that mines for cryptocurrency without their knowledge? Wait a moment – cryptocurrency mining ? What’s that? Please comment below if you can explain it better – I’m sure you can.).

Mining 58

Mining Blockchain Government Libraries 58

eSecurity Planet

NOVEMBER 18, 2022

He has “worked around the clock” to secure assets, identify crypto on the blockchain , find records, and work with regulators and government authorities. One way is through hijacking computer resources to mine cryptocurrencies. Crypto can also be a way to leverage cybersecurity breaches.

Cybersecurity 143

Cybersecurity Risk Blockchain Mining 143

Krebs on Security

FEBRUARY 24, 2023

Khafagy’s LinkedIn profile says he is currently founder of LewkLabs , a Dubai-based “blockchain-powered, SocialFi content monetization platform” that last year reported funding of $3.26 million from private investors. Khafagy said he couldn’t remember the name of the account he had on the forum.

Passwords 301

Passwords Blockchain Mining Marketing 301

Security Affairs

NOVEMBER 16, 2018

In 2018 Group-IB detected five successful “51% attacks”, when attackers take control over at least 51% of mining power. Having 51% of computing power, the attackers create a stealthy alternative blockchain to confirm their own transactions. In 2018 the direct financial losses from these attacks amounted to almost $20 million.

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Phishing Manufacturing Marketing Blockchain 272

DLA Piper Privacy Matters

OCTOBER 15, 2018

The French Data Protection Supervisory Authority (the CNIL) has recently published its initial thoughts on this topic, providing some responses and practical recommendations on how the usage of a blockchain may be compatible with GDPR and more generally Data Protection Law, taking into account the “constraints” imposed by such technology. .

Blockchain 45

Blockchain GDPR Personal data Encryption 45

CGI

MAY 13, 2018

To get the most from blockchain in government, a sharing mindset is needed. Twenty-five years later, blockchain is here and can bring those use cases to life. However, blockchain requires organizations to think about their data not as an asset they own, but as a shared resource—a shift in mindset that is not easy for everyone.

Blockchain 40

Blockchain Government Computer and Electronics Mining 40

eSecurity Planet

SEPTEMBER 14, 2022

One particularly potent emergent technology for scammers is blockchain and the related cryptocurrency and NFTs. Blockchain supporters have touted it as a fraud prevention tool, but while blockchain can be useful in preventing certain kinds of attacks, it is incredibly vulnerable to others.

Energy and Utilities 122

Energy and Utilities Phishing Blockchain Cybersecurity 122

Schneier on Security

MARCH 28, 2018

Suppose I open a new address and pay into it three stolen bitcoin followed by seven freshly-mined ones. Ilia Shumailov has written software that applies FIFO tainting to the blockchain and the results are impressive, with a massive improvement in precision.

Blockchain 71

Blockchain Mining Paper IT 71

CGI

JULY 5, 2018

A new and quickly spreading phenomenon is to steal computing power to mine cryptocurrencies. Cryptocurrency mining uses a lot of computing power and electricity because the mathematical problems connected to mining are difficult to solve. If you pay for the electricity and devices you use, mining will be costly.

Mining 74

Mining Blockchain Systems administration Risk 74

Data Matters

SEPTEMBER 11, 2018

The Financial Industry Regulatory Authority (FINRA) issued two investor alerts, on July 27 and August 16 , regarding blockchain tokens and ICOs. State regulators are also investigating trading platforms or mining operations that may be operating as unregistered brokers or dealers. securities laws. FINRA Investor Alerts.

Education 73

Education Blockchain Sales Mining 73

Krebs on Security

JULY 28, 2022

io solution, developed using the Ethereum blockchain, aims at disrupting the digital advertising market valued at more than $1 trillion USD,” Alexandru enthused. The word interview is in air quotes because the following statements by Florea deserved some serious pushback by the interviewer. “Online[.]io

Computer and Electronics 280

Computer and Electronics Marketing Sales Blockchain 280

Krebs on Security

DECEMBER 29, 2022

You just knew 2022 was going to be The Year of Crypto Grift when two of the world’s most popular antivirus makers — Norton and Avira — kicked things off by installing cryptocurrency mining programs on customer computers.

Passwords 301

Passwords Ransomware Computer and Electronics Access 301

erwin

JUNE 11, 2020

With tools such as Artificial Intelligence, Machine Learning, and Data Mining, businesses and organizations can collate and analyze large amounts of data reliably and more efficiently. Incorporating blockchain technology into more industries. Blockchain enables more secure and complex transaction record-keeping for businesses.

Analytics 103

Analytics Blockchain Artificial Intelligence Big data 103

Information Management Resources

JUNE 1, 2018

The credit card issuer has built a distributed ledger through which merchants create their own membership rewards and get access to detailed information on purchases and the success of promotions.

Mining 29

Mining Blockchain IT Access 29

Thales Cloud Protection & Licensing

DECEMBER 5, 2018

Another “canary in the coal mine” episode showcasing this trend happened just last week, with a sizeable breach of HSBC U.S. With digital transformation technologies like cloud, big data, IoT, containers, mobile payments and blockchain all in play, there are many new attack surfaces and risks to financial data. banking customers.

Financial Services 76

Financial Services Risk Digital transformation Data breaches 76

eSecurity Planet

DECEMBER 21, 2021

Also read: The State of Blockchain Applications in Cybersecurity. For the past five years, there has been cryptomining , where bad actors infect systems with malware that leverages the CPUs to mine for coins, essentially crowdsourcing stolen CPU power. Fortinet ransomware detections.

Ransomware 140

Ransomware Paper Blockchain Mining 140

IT Governance

FEBRUARY 16, 2018

This week, we discuss the use of cryptocurrency mining software on numerous government websites, a phishing scam that robbed Bee Token investors of $1 million and cyber attacks on the Pyeongchang Winter Olympics. I mentioned cyber criminals’ increasing use of cryptocurrency mining or ‘cryptomining’ software a couple of weeks ago.

Phishing 53

Phishing Mining Libraries Government 53

IBM Big Data Hub

JUNE 30, 2023

See IBM MRO IO in action by reading about how Shell and IBM jointly developed and launched Oren, a global B2B mining services marketplace platform to gain more productivity in the $190 billion mining industry.

Energy and Utilities 58

Energy and Utilities e-Delivery Mining B2B 58

IBM Big Data Hub

JANUARY 17, 2024

Blockchain security Blockchain technology relies heavily on cryptography to ensure the security and immutability of all on-chain transactions and updates. Cryptocurrencies like Bitcoin use cryptographic algorithms to mine and mint new coins, while cryptographic hash functions secure the integrity of blocks in the chain.

Communications 81

Communications Security Encryption Blockchain 81

ARMA International

SEPTEMBER 13, 2021

Some technology trends such as real-time data analytics are on-going, while others are more recent, such as blockchain. More recent technology trends include Blockchain as a Service (BaaS) and Artificial Intelligence as a Service (AIaaS). Blockchain, Provenance, and Authentic Information.

Digital transformation 59

Digital transformation Blockchain IT Computer and Electronics 59

Information Management Resources

MARCH 26, 2018

But experts warn that for enterprises, the virtual gold rush can put corporate networks at risk and inflate cloud central processing unit usage, adding cost.

Mining 31

Mining Cloud Risk Blockchain 31

ForAllSecure

FEBRUARY 2, 2022

Nor am I going to wade into the debate about the ecological consequences of mining cryptocurrencies. Vranken: Well, mining means cracking a puzzle, which has a certain amount of time and that takes like 10 seconds or something. So there are companies which only mine cryptocurrencies and they make money by this.

Libraries 52

Libraries Blockchain Mining Encryption 52

MIKE 2.0

OCTOBER 28, 2017

Good examples of changes that are coming with more that is unknown than known include cyber currencies, blockchain, quantum computing, artificial intelligence, smart cities, augmented reality and additive manufacturing. These are some of the technologies that are likely to drive big decisions for leaders in the coming years.

Artificial Intelligence 40

Artificial Intelligence Blockchain Retail Manufacturing 40