Crypto ransomware is a type of malware that holds you ransom by encrypting your files and has been around for a while, but the FBI recently said at a cyber security summit that they advise companies that fall victim just to pay. Such malware tends to use pretty strong encryption algorithms like RSA-2048, which you […]
Tag Archive | "bitcoin"
One of the big advantages touted by Bitcoin (and other cryptocurrencies) was always the anonymity of the transactions, yes you can track a wallet address and see the transaction history. But there’s no real way to link that wallet address to a real person (so we thought). I mean other than any leaky fiat exchange […]
This is a pretty interesting story, and an interesting use (or mis-use) of cloud resources. We’ve covered similar stuff before like the case when Yahoo! was Spreading Bitcoin Mining Botnet Malware Via Ads, and then more recently when the Pirated ‘Watch Dogs’ Game Made A Bitcoin Mining Botnet. But this time it’s not malware based, […]
Bitcoin and other cryptocurrencies are pretty much headline news every day now, especially with the inflated values (Bitcoin over $1000 recently). We haven’t mentioned them for a long time though, back in 2012 we wrote about Hackers breaking into a Bitcoin Exchange Site called Bitcoinica. There have been plenty of Bitcoin related hacks since then, […]
Bitcoin hasn’t been having a great time lately, there have been a few high profile, large dollar amount hacks of Bitcoin Exchange sites (basically the Bitcoin banks). The latest involved $90,000USD and a high likelihood that the user database was compromised too. It seems like Bitcoin, despite all the hype, might die a slow death […]
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