cryptocurrency
Prove that we were behind WannaCry Ransomware Attack says North Korea
The UN Ambassador from North Korea has literally challenged the United States and is demanding Washington provide evidence to back that Pyongyang was behind the WannaCry Ransomware Attack which targeted more than 250,000 computers across 150 countries in May this year. Pak Song II the North Korean UN Ambassador said that allegations jointly put forward […]
VenusLocker Ransomware spreaders switch to Cryptocurrency Mining
Cyber Crooks who were behind the spread of VenusLocker Ransomware have switched to Cryptocurrency Mining targeting computer users in South Korea. And as per the sources reporting to Cybersecurity Insiders, instead of locking down computers with malware and demanding a ransom, they say hackers’ group are now trying to install malware on PCs that mines […]
Ransomware threats making British companies stockpile Bitcoins!
Ransomware threats are on the rise and this is making British companies take preventive measures to counter any such situation. One such measure taken up by most companies operating in the UK is to stockpile Bitcoins to use the purchased crypto as ransomware hush money. Yes, Paul Taylor, the former Cyber Chief in UK’s Minister […]
Technological Innovation key to stopping Cyber Attacks!
Technological Innovation key to stop Cyber Attacks said Ian Levy, Technical Director at UK’s National Cyber Security Center (NCSC). He added that the current set of cyber defense technologies offered by traditional suppliers are not enough to contain the present set of sophisticated cyber Attacks taking place in next five years and that is where […]
UK Cryptocurrency Electroneum hit by Cyber Attack!
British Cryptocurrency startup Electroneum was hit by a cyber attack that has shut down all its investor accounts for several days. The said digital currency which can be mined from smartphones was due to be launched last Thursday. But the operators have now decided to postpone the launch of the Electroneum’s website and mobile app […]
Cyber Attack wrecks the launch of Bitcoin Gold Cryptocurrency
Bitcoin Gold launch was marred by a Cyber Attack which took place on the new crypto currency’s website. The digital currency was supposed to be launched on October 24th,2017, but came under sustained distributed denial of service (DDoS) cyber attack. Bitcoin’s Gold website issued a public statement on Wednesday that its webpage experienced a DDOS […]
Demand for ransomware soars by 2500% amid high profile Cyber Attacks!
A recent report released by Computer Security Company Carbon Black reveals that the demand for ransomware has soared by 2500% in 2017, amid high profile cyber attacks and the rise of Cryptocurrencies like Bitcoins. The Massachusetts based company found that the market for ransomware on dark web soared to $6.24 million years to date, compared […]
Ransomware exploded due to Bitcoin usage
Ransomware which can be considered as the biggest cyber threats to the digital world is said to have exploded in the past couple of years. All thanks to the anonymous usage of cryptocurrencies like Bitcoin. In a recent study conducted by Intel Security, the said malware is said to have exploded by 3500 percent from […]
Know how blockchain can act as a panacea to all cyber attack troubles
In this digital world, nothing seems to be immune to cyber attacks and cyber crooks. But if the technology of blockchain can be carefully explored and emphasized, it can help a public or private agency to build a network which has no single point of failure and is super resilient to cyber attacks. Bitcoin, a […]
