Indian IT giant Tech Mahindra has launched a new blockchain-based digital contracts and rights platform for the media and entertainment industry. Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, has launched a new blockchain-based digital contracts and rights platform for the media and entertainment industry. Developed using IBM’s blockchain platform, which leverages the […]
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The US Secret Service issued a security alert about ransomware attacks. The U.S. Secret Service issued a warning about an increase in hacks targeting managed service providers, or MSPs, of both the U.S. private sector and various government entities. According to a document published by ZDNet on June 7, threat actors have been widely relying […]
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As tech advances, so too, do the malware attacks. Amid a pandemic, ransomwares are turning to privacy-centric coins to get away with crime. As interconnectivity turns the world into a global village, cyberattacks are expectedly on the rise. According to reports, the tail end of last year saw a spike in the average amount of […]
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Avaddon ransomware is exploiting Excel 4.0 macros to deploy an attack against users. Microsoft Security Intelligence alerted users to a type of ransomware, called Avaddon, that uses Excel 4.0 macros to distribute malicious emails. These emails contain attachments which deploy an attack when opened in any version of Excel. Avaddon ransomware emerged in early June […]
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Lithuania might become one of the first countries to issue a CBDC — but there’s a catch. The Bank of Lithuania, or BoL, will launch a pre-sale of its CBDC, dubbed LBCOIN, on July 9, a representative for the central bank told Cointelegraph. The coin itself will be issued and sold on July 23. While […]
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MongoDB suffered a “Wiping & Ransom” attack that wiped around 22,900 unsecured databases. Cross-platform database company, MongoDB, is the latest victim of a cybercriminal attack. This attack has infiltrated 22,900 unsecured databases by wiping their contents. The gang behind the attack has since requested Bitcoin (BTC) payments in exchange for a backup of the data. […]
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As Russia draws up new strict cryptocurrency legislation, P2P Bitcoin exchanges and crypto trades in the country rise significantly. A branch of the Russian federal government has recently published a draft of new litigation called “On Digital Financial Assets,” which is focused on enforcing strict cryptocurrency laws in the country. The legislation has not been […]
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Crypto data platform CoinGecko has partnered with cybersecurity firm Hacken to incorporate the security of crypto exchanges into its Trust Score metric. Cryptocurrency market data aggregator CoinGecko has updated its Trust Score algorithm to consider the cybersecurity standards of the more than 400 cryptocurrency exchanges listed on its platform. From July 1, 20% of CoinGecko’s […]
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Proofpoint research shows that phishing-based ransomware attacks are on the rise amid the COVID-19 pandemic. A study published by cybersecurity firm, Proofpoint, shows an increase in email-based phishing attacks used to deliver ransomware over the last few months. According to the report, first-stage deployments of ransomware are reportedly on the rise and have mostly been […]
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The Bitfury-powered blockchain for the Russian constitutional amendments was reportedly attacked over the weekend. Russia’s blockchain-based voting system for the constitutional amendments has reportedly been attacked via an election observer’s node. As reported by state-owned news agency TASS, the attack occurred on June 27 around 8 PM CET. A government of Moscow representative told TASS […]
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