Mixers were the most used tool among North Korean hackers for the first time, accounting for over 65% of stolen funds, up from 42% in 2020 and 21% the year before, Chainalysis said. In 2017 and 2019, crypto exchanges were the most popular way of laundering money. Source link … [Read more...] about North Korean Hackers Stole $400M in 2021, Mostly in Ether
Hackers
Hackers Are Attacking Cloud Accounts to Mine Cryptocurrencies, Google Says
Of the 50 hacked Google Cloud Platforms or GCPs, 86% of them were used for cryptocurrency mining, which typically consumes large amounts of computing resources and storage space, Google’s Cybersecurity Action Team wrote in the report. The remainder of the hacking activities included phishing scams and ransomware. Source link … [Read more...] about Hackers Are Attacking Cloud Accounts to Mine Cryptocurrencies, Google Says
Malware victim robbed of 16 Bitcoin to sue parents of young hackers
In 2018, a U.S man named Andrew Schober fell foul to a malware hack, resulting in the loss of 16.4 Bitcoin, around $800,000 at today’s price.After spending $10,000 to hire forensic specialists, Schober thinks he’s tracked down the culprits. But it turns out the alleged perpetrators are thousands of miles away, in England. The real kicker is that the suspected pair were minors … [Read more...] about Malware victim robbed of 16 Bitcoin to sue parents of young hackers
Bitmart seeks restraining order to prevent hackers from selling fake BSV
The owner of crypto exchange Bitmart has filed a bid for pre-arbitration injunctive relief to prevent Chinese hackers from making illicit transfers using fraudulent Bitcoin SV (BSV) on its platform. According to a July 26 report, GBM Global Holdings, Bitmart’s owner, filed its bid with a New York federal judge despite the fraudulent activities largely taking place out of state. … [Read more...] about Bitmart seeks restraining order to prevent hackers from selling fake BSV
Here’s how hackers can exploit data
Facebook is no stranger to data hacks and leaks, with the company having been on the receiving end of many high-profile security breaches in recent years. For example, back in 2018, the social media giant revealed that it had inadvertently exposed the personal information of more than 50 million users due to a small error in its platform coding, thus allowing miscreants to gain … [Read more...] about Here’s how hackers can exploit data