The findings of a Bolster report, along with real life examples, clearly correlate the rise in crypto scams to the value and popularity of cryptocurrencies as well as the increase in individuals seeking financial assistance during the COVID-19 pandemic…Read More With more than 400,000 crypto scams created in 2020, increase of 75% predicted for 2021
A teenager who hacked into the Twitter accounts of the rich and famous in an attempt to trick millions of their followers into a cryptocurrency scam will spend three years in prison as part of a plea agreement with prosecutors.
Read more in my artic…Read More Celebrity Twitter hacker agrees to three year prison sentence
Security researchers have recently discovered a botnet with a novel defense against takedowns. Normally, authorities can disable a botnet by taking over its command-and-control server. With nowhere to go for instructions, the botnet is rendered useless. But over the years, botnet designers have come up with ways to make this counterattack harder. Now the content-delivery network Akamai has reported on a new method: a botnet that uses the Bitcoin blockchain ledger. Since the blockchain is globally accessible and hard to take down, the botnet’s operators appear to be safe…Read More Illegal Content and the Blockchain
“It’s a DoS, Jim, but not as we know it.”Read More Nvidia announces official “anti-cryptomining” software drivers
Exclusive: former cybersecurity chief calls for law change and warns situation is ‘close to getting out of control’Insurers are inadvertently funding organised crime by paying out claims from companies who have paid ransoms to regain access to data and…Read More Insurers ‘funding organised crime’ by paying ransomware claims
Earlier this year I wrote a blog post about the Manchester City Billion Pound Hack, which explored cyberattacks within elite football. Now it is the turn of City big rivals Manchester United, after they reported their IT systems had been impacted by a …Read More The Multi-Million Pound Manchester United Hack