Ramesh has seven years of experience writing and editing stories on finance, enterprise and consumer technology, and diversity and inclusion. She has previously worked at formerly News Corp-owned TechCircle, business daily The Economic Times and The New Indian Express.
The U.S. Department of Justice seized virtual assets worth $112 million in a crackdown on "pig butchering," a romance-based cryptocurrency investment scam. Cybercriminals used six accounts to launder funds from cryptocurrency confidence scams, federal prosecutors said.
The parent company of subprime lender TitleMax says hackers made off with the Social Security numbers and financial account information of up to nearly 5 million individuals. The company notified the FBI and "believes the incident has been contained." Hackers stole information over an 11-day period.
Every week, Information Security Media Group rounds up cybersecurity incidents in the world of digital assets. In focus between March 24 and 30: SafeMoon, an update on Euler Finance, crypto-stealing Clipper malware, BitKeep, theft fail at Swerve Finance, THORChain, APT43 and an update on ParaSpace.
North Korean hackers are stealing cryptocurrency to fund operations under an apparent mandate from Pyongyang to be self-sufficient, threat intel firm Mandiant says. The regime probably expected its hackers to pay their own way before 2020, but the novel coronavirus pandemic exacerbated its demands.
Every week, ISMG rounds up cybersecurity incidents in the world of digital assets. In focus between March 17 and 23: The New York State Department of Financial Services reminds BitPay that regulations exist. Also, Euler Finance, Gala Games, BitGo, ZenGo, General Bytes, Bitzlato and ParaSpace.
A Bulgarian woman extradited to the United States for her role in a $4 billion crypto pyramid scheme adds to a growing list of law enforcement actions against perpetrators of the OneCoin Ponzi scheme. OneCoin generated $4 billion in fraudulent revenue and earned profits of close to $3 billion.
Bitcoin ATM manufacturer General Bytes suspended its cloud services supporting more than 15,000 machines after a hacker exploited a vulnerability in its software to steal user passwords and private keys and made off with cryptocurrency worth millions of dollars.
Every week, ISMG rounds up cybersecurity incidents in the world of digital assets. In focus between March 10 and 16: a ChipMixer takedown, Euler Finance and Poolz Finance hacks, bugs on 280 blockchains, Dero coin, and a report from the Financial Action Task Force on ransomware financing.
U.S. and German police seized darknet cryptocurrency anonymizing service ChipMixer, which federal prosecutors say cybercriminals used to launder $3 billion including proceeds from ransomware extortion and North Korean cryptocurrency hacking. Among its alleged customers: LockBit and the Russian GRU.
Threat actors who mine digital assets using other people's infrastructure have found a lucrative new cryptocurrency to motivate their hacking: the privacy-focused currency named Dero. CrowdStrike says it discovered a first - a Dero cryptojacking operation operating on a Kubernetes cluster.
Hackers are draining millions of dollars from decentralized finance protocol Euler Finance in an ongoing attack. The theft of crypto funds worth $197 million marks the largest exploit in 2023 so far. Euler Finance said it is aware of the incident.
Every week, ISMG rounds up cybersecurity incidents in the world of digital assets. Between March 3 and March 9, Tender.fi paid a white hat reward to a thief, a Uranium Finance hacker began to launder stolen funds, Algodex revealed security breaches and BitKeep was working to reimburse hack victims.
Every week, Information Security Media Group rounds up cybersecurity incidents in the world of digital assets. This week, we look at incidents at Hope Finance, decentralized finance firm new malware demanding crypto and a phishing campaign aimed at Coinbase.
Holding cryptocurrencies in anything but a memory drive inside a box shielded with a Faraday cage seemed to tempt fate during 2022. And for that - apart from the outright alleged larceny behind the collapse of FTX - the cryptocurrency world can in large measure finger DeFi platforms.