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What financial service providers should know about blockchain: Opportunities and threats

July 25, 2018 TH Author bitcoin, Blockchain, Cryptocurrency, Current News, Security

It seems that every few years, an advanced and innovative new technology emerges and becomes the next big thing for organizations across different industries. Take the cloud and big data, for example – during their buzzword stage, these concepts were being attached to just about everything in the tech space. Currently, it appears that blockchain…
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Threatpost

WannaCry Extortion Fraud Reemerges

June 25, 2018 TH Author action fraud, bitcoin, extortion, Fraud, Malware, ransomware, tech support scam, UK, WannaCry, Web Security

The emails claim that all of the victim’s devices have been hacked and infected with the infamous ransomware — and then ask for Bitcoin to “fix” it. READ MORE HERE…

TrendMicro

Don’t Be a Coinmining Zombie – Part 1: Getting Cryptojacked

June 11, 2018 TH Author bitcoin, Coinmining, Consumer, Cryptocurrency, Cryptocurrency mining, cryptojacked, Mobile Security, Security

When your computer or mobile device (and now, even your IoT device) is hijacked to secretly mine cryptocurrencies, it’s been cryptojacked and becomes a coinmining zombie. Its CPU, memory, disk, and power are enlisted in varying degrees in the service of the mining botnet, which labors on behalf of those who use it, with other…
The post Don’t Be a Coinmining Zombie – Part 1: Getting Cryptojacked appeared first on . Read More HERE…