crime

Korean Cryptocurrency Exchange Executives Detained in Embezzlement Probe

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South Korean authorities have reportedly detained four executives from two cryptocurrency exchanges in relation to the alleged embezzlement of customer funds in the ‘billions of won’. According to the Wall Street Journal, prosecutors said the four executives were detained and questioned by authorities on Thursday at a time when government authorities are increasingly considering regulations for […]

crime

Machine Used By Police To Extract Data From Phones

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If you thought wiping your mobile phone once to delete its contents, or having a passcode to protect it from prying eyes was enough, think again. Meet the ultimate mobile phone data extractor, a $40,000 Israeli-made machine manufactured by Cellebrite and used by private investigator Navid Sobbi’s business National Surveillance and Intelligence and numerous law-enforcement agencies around the world […]

crime

It’s only a matter of time before criminals turn AIs against us

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Artificial intelligence researchers need to take security into account when developing new applications. If they don’t, criminals will exploit the technology By MILES BRUNDAGE and SHAHAR AVIN Wednesday 21 February 2018 You check your voicemail – it’s your daughter, panicking, garbled. She’s traveling, away on her gap year. You’ve had a series of emails from her – she’s […]

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Hackers hijack thousands of government websites to mine Bitcoin

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The Information Commissioner’s Office (ICO) took down its website after a warning that hackers were taking control of visitors’ computers to mine cryptocurrency. Security researcher Scott Helme said more than 4,000 websites, including many government ones, were affected. He said the affected code had now been disabled and visitors were no longer at risk. The […]

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Russian nuclear scientists arrested for ‘Bitcoin mining plot’

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Russian nuclear scientists arrested for ‘Bitcoin mining plot’ The arrested scientists worked at the secret factory which made the USSR’s first nuclear bomb Russian security officers have arrested several scientists working at a top-secret Russian nuclear warhead facility for allegedly mining crypto-currencies. The suspects had tried to use one of Russia’s most powerful supercomputers to […]

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Nearly 2000 WordPress Websites Infected with a Keylogger

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More than 2,000 WordPress websites have once again been found infected with a piece of crypto-mining malware that not only steals the resources of visitors’ computers to mine digital currencies but also logs visitors’ every keystroke. Security researchers at Sucuri discovered a malicious campaign that infects WordPress websites with a malicious script that delivers an in-browser cryptocurrency miner from CoinHive and […]

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Someone Stole Almost Half a BILLION Dollars from Japanese Cryptocurrency Exchange

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 Friday, January 26, 2018  Wang Wei Coincheck, a Tokyo-based cryptocurrency exchange, has suffered what appears to be the biggest hack in the history of cryptocurrencies, losing $532 million in digital assets (nearly $420 million in NEM tokens and $112 in Ripples). In 2014, Mt Gox, one of the largest bitcoin exchange at that time, filed for bankruptcy after […]