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Increased security measures and awareness are driving cybercriminals to change their techniques in search of a better return on investment, ditching ransomware and malware-based attacks for cryptojacking attacks, according to a new study by IBM. Malicious coin-mining or cryptojacking is the act of installing a cryptocurrency miner on...
Thefts and scams are plaguing the crypto space, which saw US$1.7 billion worth of cryptocurrencies being stolen and scammed in 2018, a sharp increase despite a slump in the market, according to the CipherTrace 2018 Q4 2018 Cryptocurrency Anti-Money Laundering Report. Theft from cryptocurrency exchanges accounted for the majority of...
Last month, Hanatour, South Korea’s largest travel agency suffered a major security breach, as hackers stole the personal information of over one million users. According to local news publications, hackers have demanded that Hanatour pay a one-time ransom payment in Bitcoin but the amount remains undisclosed. According to South Korean...