Ransomware payments dropped 35% in 2024 due to law enforcement crackdowns and stronger cyber defenses, forcing attackers to adapt with new tactics.
Category: CryptoCurrency
CryptoCurrency, Global Security News, Security
Ransomware payments fell by 35% in 2024, totalling $813,550,000
Payments to ransomware actors decreased 35% year-over-year in 2024, totaling $813.55 million, down from $1.25 billion recorded in 2023. […]
CryptoCurrency, Cybersecurity, Global IT News, Global Security News, Ransomware, Security
Ransomware payments dropped in 2024 as victims refused to pay hackers
Ransomware payments fell by more than one-third in 2024 as an increasing number of victims refused to negotiate with hackers. In a report published Wednesday, crypto forensics firm Chainalysis said that while ransomware gang leak sites posted more victims than in previous years during 2024, fewer victims gave in to the hackers’ demands. Chainalysis reported…
CryptoCurrency, Global Security News, Mobile
Google Play, Apple App Store apps caught stealing crypto wallets
A new campaign dubbed ‘SparkCat’ has been uncovered, targeting the cryptocurrency wallet recovery phrases of Android and iOS users using optical character recognition (OCR) stealers. […]
CryptoCurrency, Exploits, Global Security News, Security
Canadian charged with stealing $65 million using DeFI crypto exploits
The U.S. Justice Department has charged a Canadian man with stealing roughly $65 million after exploiting two decentralized finance (DeFI) protocols. […]
CryptoCurrency, Global Security News, Legal
KuCoin to pay nearly $300 million in penalties after guilty plea
KuCoin’s operator, PEKEN Global Limited, pleaded guilty to operating an unlicensed money-transmitting business and agreed to pay $297 million in penalties to settle charges in the U.S. […]
CryptoCurrency, Global Security News, Security
Solana Pump.fun tool DogWifTool compromised to drain wallets
DogWifTools has disclosed on its official Discord channel that its software has been compromised by a supply chain attack that impacted its Windows client, infecting users with malware. […]
CryptoCurrency, Global Security News, Security
Hackers steal $85 million worth of cryptocurrency from Phemex
The Phemex crypto exchange suffered a massive security breach on Thursday where threat actors stole over $85 million worth of cryptocurrency. […]
CryptoCurrency, Global Security News, North America, Security
US govt says North Korea stole over $659 million in crypto last year
North Korean state-backed hacking groups have stolen over $659 million worth of cryptocurrency in multiple crypto-heists, according to a joint statement issued by the United States, South Korea, and Japan on Tuesday. […]
CryptoCurrency, Global Security News, Guest blog, Romance baiting, Scam
Pastor’s “dream” crypto scheme alleged to be a multi-million dollar scam
Imagine trusting your pastor with your savings, only to find out he’s running a crypto scam. Read more in my article on the Hot for Security blog.
CryptoCurrency, Global Security News, Legal
Pastor who saw crypto project in his “dream” indicted for fraud
A pastor at a Pasco, Washington, church has been indicted on 26 counts of fraud for allegedly operating a cryptocurrency scam that defrauded investors of millions between 2021 and 2023. […]
CryptoCurrency, Global Security News, Security
New Web3 attack exploits transaction simulations to steal crypto
Threat actors are employing a new tactic called “transaction simulation spoofing” to steal crypto, with one attack successfully stealing 143.45 Ethereum, worth approximately $460,000. […]
Crypto, CryptoCurrency, Department of Justice, fbi, Global IT News, Global Security News, money laundering, North Korea, Ransomware, sanctions, Security
US government charges operators of crypto mixing service used by North Korea and ransomware gangs
Three Russian citizens were charged with money laundering for their role in operating Blender.io and Sinbad.io crypto mixing services. © 2024 TechCrunch. All rights reserved. For personal use only.
2FA, CryptoCurrency, Global Security News, Google, Guest blog, Kraken, password manager, phishing
Canadian man loses a cryptocurrency fortune to scammers – here’s how you can stop it happening to you
A Canadian man lost a $100,000 cryptocurrency fortune – all because he did a careless Google search. Read more in my article on the Hot for Security blog.
CryptoCurrency, Global Security News, Security
Cryptocurrency wallet drainers stole $494 million in 2024
Scammers stole $494 million worth of cryptocurrency in wallet drainer attacks last year that targeted more than 300,000 wallet addresses. […]
blockchain, crime, criminal, Crypto, CryptoCurrency, Do Kwon, extradition, fraud, Global IT News, Global Security News, In Brief, Terraform, Terraform Labs
Terraform Labs co-founder Do Kwon will face fraud charges in the U.S.
Do Kwon, the co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited from Montenegro to the U.S. to face federal fraud charges, as first reported by Bloomberg. Kwon faces charges in both the U.S. and South Korea; Terraform Labs’ TerraUSD and Luna cryptocurrencies crashed in 2022, causing investors to lose over $40 billion. Terraform…
CryptoCurrency, Global Security News, Security
New ‘OtterCookie’ malware used to backdoor devs in fake job offers
North Korean threat actors are using new malware called OtterCookie in the Contagious Interview campaign that is targeting software developers. […]
CryptoCurrency, Global Security News, Security
FBI links North Korean hackers to $308 million crypto heist
The North Korean hacker group ‘TraderTraitor’ stole $308 million worth of cryptocurrency in the attack on the Japanese exchange DMM Bitcoin in May. […]
CryptoCurrency, Global Security News, Security
North Korean hackers stole $1.3 billion worth of crypto this year
North Korean hackers have stolen $1.34 billion worth of cryptocurrency across 47 cyberattacks that occurred in 2024, according to a new report by blockchain analysis company Chainalysis. […]
CryptoCurrency, Global Security News, Security
Malicious Rspack, Vant packages published using stolen NPM tokens
Three popular npm packages, @rspack/core, @rspack/cli, and Vant, were compromised through stolen npm account tokens, allowing threat actors to publish malicious versions that installed cryptominers. […]
Cloud Security, CryptoCurrency, Cybersecurity, Endpoint, Featured, Global Security News, Incident Response, Industry Spotlight, IT worker scam, Network Security, News, North Korea, Security Awareness, Security Boulevard (Original), Social - Facebook, Social - LinkedIn, Social - X, Spotlight, Threat Intelligence
North Korean Hackers Stole $1.34 Billion in Crypto in 2024
North Korean hackers stole $1.34 billion in cryptocurrency in 2024, more than half of the $2.2 billion stolen in all crypto hacks, and the attacks by threat groups linked to the rogue nation are becoming more frequent and are happening more quickly. The post North Korean Hackers Stole $1.34 Billion in Crypto in 2024 appeared…
CryptoCurrency, Global Security News, Microsoft, Security
Malicious Microsoft VSCode extensions target devs, crypto community
Malicious Visual Studio Code extensions were discovered on the VSCode marketplace that download heavily obfuscated PowerShell payloads to target developers and cryptocurrency projects in supply chain attacks. […]
CryptoCurrency, Global Security News, Security
New fake Ledger data breach emails try to steal crypto wallets
A new Ledger phishing campaign is underway that pretends to be a data breach notification asking you to verify your recovery phrase, which is then stolen and used to steal your cryptocurrency. […]
CryptoCurrency, Global Security News, Security
Bitcoin ATM firm Byte Federal hacked via GitLab flaw, 58K users exposed
US Bitcoin ATM operator Byte Federal has disclosed a data breach that exposed the data of 58,000 customers after its systems were breached using a GitLab vulnerability. […]
CryptoCurrency, data breach, Data loss, Global Security News, Guest blog, North Korea
North Korean hackers masquerade as remote IT workers and venture capitalists to steal crypto and secrets
In itslust for stealing cryptocurrency and sensitive information, North Korean hackers are disguising themselves as remote IT workers, recruiters, and even venture capitalists. Read more in my article on the Hot for Security blog.