Philippine SEC warns against investment schemes including one based on the Ethreum blockchain it says is a Ponzi scheme. The Securities and Exchange Commission (SEC) of the Philippines has warned the public against individuals and groups engaged in unauthorized crypto investments and trading, according to an announcement on July 1. The Philippine SEC warned those […]
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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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Thousands have their personal data leaked by a crypto-based phishing scam. Fraudulent websites successfully have stolen the personal records of a number of individuals from the U.K., Australia, South Africa, the U.S., Singapore, Malaysia, Spain, and more. The attack was executed as a targeted multi-stage Bitcoin (BTC) scam propagated by a number of fraudulent websites. […]
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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 Singaporean government revealed that ransomware attacks surged in 2019 by accounting 35 cases. A report from the Cyber Security Agency of Singapore, or CSA, shows that the number of ransomware attacks cases rose in 2019, compared to figures recorded in 2018. According to a “Cyber Landscape 2019” study published by the Singaporean government, the […]
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Top crypto exchange Binance has lost a domain name dispute with an Australian florist over the website binance.com.au. Leading cryptocurrency exchange Binance has lost a dispute over the domain name ‘binance.com.au’ to an Australian florist trading under the name Binancé. On June 17, the World Intellectual Property Organization (WIPO) denied a complaint filed by the […]
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North Korea-backed hackers are reportedly preparing a massive phishing campaign to take advantage of the COVID-19 crisis. A study by cybersecurity vendor, Cyfirma, warned about a massive phishing campaign that will be launched by the North Korean hacker group, Lazarus, on June 21. The campaign will allegedly target six nations and over 5 million businesses […]
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The emerging distributed ledger technology industry has been threatened by various illicit activities. Here are some strategies you should know about to protect yourself. In August 2010, a bug in the Bitcoin network that allowed large transactions to be added to the ledger without proper verification was identified by a hacker. The hacker generated and […]
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CHAZ inhabitants can apparently use crypto at a handful of businesses — but are less scrupulous types capitalizing on the situation? Cryptocurrencies are reportedly playing a role — for good and ill — in Seattle’s Capitol Hill Autonomous Zone, an area established in support of the African-American community by protesters against aggressive policing. A project […]
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