Tag: cryptocurrency
Illicit Cryptomining Surges Amid Soaring Crypto Value
Most cybercriminals are financially motivated, performing various malicious cyber activities to generate revenue. Several threat actor groups leverage cryptocurrencies, demanding ransom payments in Bitcoin...
How Cryptojacking and Cryptomining Assaults Work
When reporters asked the infamous bank robber Willie Sutton why he robbed banks he allegedly replied, “because that’s where the money is”. It was...
Bitcoin Craze Gives Rise to the Cryptocurrency-based Cyberattacks: Report
Just a couple of days back, Kevin Mandia, CEO of cybersecurity firm FireEye, told CNN that the rise in ransomware attacks is closely associated...
WatchDog Cryptojacking Campaign Running for Over Two Years
Cyberattacks on cryptocurrency exchanges and crypto wallets have become rampant as cybercriminals often target cryptocurrencies, whose net-worth is increasing day by day. Numerous hacks...
U.K’s Crypto Exchange EXMO Halted Operations After DDoS Attack
The high net-worth of cryptocurrencies attracts both investors and cybercriminals. As a result, numerous hacks and heists have been reported on cryptocurrency exchanges. EXMO,...
SIM Swappers Detained for Stealing $100Mn in Cryptocurrencies from Celebrities
Eight cybercriminals have been arrested in England and Scotland for their involvement in a series of SIM Swapping attacks by hijacking phone numbers of...