cryptocurrency Archives

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…

Advanced Threats

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…

coinbase

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…

Banking & Finance

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…

crypto crimw

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…

Advanced Malware

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…

Advanced Malware

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…