The Silk Road was the first modern dark web marketplace, an online place for anonymously buying and selling illegal products and services using Bitcoin. Ross Ulbricht created The Silk Road…
Browsing Categorycryptocurrency
The Dangerous Flaws of Web3 Security, According To a Former Hacker
“New and improved” is the refrain of progress, but new technology doesn’t always turn out to be an improvement. In the case of the evolution from Web2 to Web3, a…
Recovering Ransom Payments: Is This the End of Ransomware?
What’s the best way to stop ransomware? Make it riskier and less lucrative for cyber criminals. Nearly all intruders prefer to collect a ransom in cryptocurrency. But it’s a double-edged…
New DOJ Team Focuses on Ransomware and Cryptocurrency Crime
While no security officer would rely on this alone, it’s good to know the U.S. Department of Justice is increasing efforts to fight cyber crime. According to a recent address…
QR Code Security: How Your Business Can Use Them Responsibly
The Coinbase Super Bowl ad sparked several conversations in my family. My son in college used the QR code to sign up to buy cryptocurrency, something he had been interested…
Top Security Concerns When Accepting Crypto Payment
From Microsoft to AT&T to Home Depot, more companies are accepting cryptocurrency as a way to pay for products and services. This makes perfect sense as crypto coins are a…
Is Anyone Doing Anything About the Explosion in Crypto Crime?
As cryptocurrency transactions continue to grow, it’s no surprise that crypto crime has also seen a huge upswing. In 2021, illicit addresses raked in $14 billion, up nearly 80% compared…
Cryptominers Snuck Logic Bomb Into Python Packages
Malware can show up where you least expect it. Researchers discovered a logic bomb attack in the Python Package Index (PyPI) repository, which is code repository for Python developers and…
A Fly on ShellBot’s Wall: The Risk of Publicly Available Cryptocurrency Miners
IBM Security X-Force researchers studied the botnet activity of a malware variant that is used by cyber crime groups to illegally mine cryptocurrency. Examining two ShellBot botnets that appeared in…
Criminals are mailing altered Ledger devices to steal cryptocurrency
Scammers are sending fake replacement devices to Ledger customers exposed in a recent data breach that are used to steal cryptocurrency wallets. […]