Six suspects have been arrested as part of a 14-month international police probe into the theft of at least $28 million worth of bitcoin cryptocurrency from more than 4,000 victims in at least 12 countries. Investigators say attackers appear to have "typosquatted" legitimate bitcoin exchange sites.
The latest edition of the ISMG Security Report analyzes the security and privacy implications of Facebook's new digital currency - Libra. Also featured: Discussions on the rise of machine learning and IT and OT collaboration on cybersecurity.
With Facebook now officially preparing to launch its own cryptocurrency, Libra, in 2020, the social media giant is facing a privacy and security backlash both in the U.S. and Europe. Lawmakers and regulators are raising concerns about the offering based on the company's poor history of protecting user data.
From blockchains and surveillance to backdoors and GDPR, a group of leading cryptographers rounded up the top cybersecurity and privacy matters of the day at the cryptographers' panel held at the recent RSA Conference 2019 in San Francisco.
Browser-based cryptocurrency miners are falling out of favor as virtual currency prices remain low, IBM says. But the company says malware-based miners are coming back, including fileless ones that rely on Powershell. Here's the lowdown.
The latest edition of the ISMG Security Report discusses the recent ransomware attack on aluminum giant, Norsk Hydro. Plus, confessions of a former LulzSec and Anonymous hacktivist, and the growing problem of cyber extortion.
Identity and access management is more complicated when organizations rely on a cloud infrastructure, says Brandon Swafford, CISO at Waterbury, Connecticut-based Webster Bank, who describes the challenges in an interview.
Facebook is edging closer to launching its own cryptocurrency, with a rollout expected this year, The New York Times reports. But some critics argue that the project seems more like a trendy and unnecessary redressing of a PayPal-like system with a blockchain.
The latest edition of the ISMG Security Report describes vulnerabilities found in popular password generator apps. Plus, the evolution of blockchain as a utility and a new decryptor for GandCrab ransomware.
The latest edition of the ISMG Security Report highlights how thieves can use "deep fake" photos in an attempt to steal cryptocurrency. Also featured: A discussion of the implications of "data gravity" and an analysis of whether the era of mega-breaches is ending.
Indiana University Health is evaluating the use of blockchain in two areas to improve healthcare information security, Mitch Parker, CISO, says in an interview at the HIMSS19 conference. He sizes up the potential risks and benefits.
Cryptocurrency exchanges are seeing fraudsters submit doctored photos in an attempt to reset two-step verification on accounts. The ruse appears to have some degree of success, underscoring the difficulties around verifying identity on the internet.
Police in England have arrested a 36-year-old man as part of an investigation into the theft of at least €10 million in IOTA cryptocurrency since January 2018 from 85 victims worldwide, perpetrated via a malicious cryptocurrency seed generation website that stored users' private keys.
Where is the greatest potential for the implementation of blockchain in healthcare? Attorney Steven Teppler discusses the possibilities for the distributed ledger technology as well as its security pros and cons.
Mark Karpeles, the former head of hacked Tokyo-based bitcoin exchange Mt. Gox, has continued to maintain his innocence during the closing arguments in an embezzlement trial against him, Japanese local media report. Prosecutors are seeking a 10-year prison sentence for the French national.