Articles for tag: Cryptocurrency, cyber security, Digital Assets, , Phishing, PoisonSeed, seed phrases

Market News

Protect Yourself from the PoisonSeed Phishing Campaign Targeting Wallet Seed Phrases in Email Scams

A new phishing campaign known as ‘PoisonSeed’ is targeting corporate email Marketing accounts to steal cryptocurrency. Hackers are compromising accounts on platforms like Mailchimp and SendGrid to send phishing emails that contain fake seed phrases, tricking users into draining their crypto wallets. The attack usually begins with the hackers identifying potential targets and sending convincing ...

Market News

Microsoft Launches Security Copilot with AI Agents to Enhance Threat Response for Developers

Microsoft has enhanced its Security Copilot platform by introducing 11 new autonomous AI agents aimed at helping developers and security teams manage cyber threats more effectively. These agents will automate crucial tasks such as identifying phishing attempts, handling vulnerabilities, and safeguarding AI operations across various cloud settings. This upgrade highlights Microsoft’s commitment to leveraging AI ...

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How Hackers Exploit Code Agents: Understanding the Risks and Vulnerabilities in Cybersecurity Practices

Pillar Security has discovered a new and serious type of cyberattack called the “Rules File Backdoor.” This method allows hackers to secretly compromise AI-generated code by embedding harmful instructions into configuration files used by popular coding tools like Cursor and GitHub Copilot. By utilizing hidden characters, attackers can manipulate AI systems to produce malicious code ...

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Bybit Restores Reserves Following Historic $1.5 Billion Hack: A Deep Dive into Security Measures and Recovery Strategies

Bybit has successfully restored its reserves following a massive $1.5 billion hack, the largest in crypto history. In under three days, the exchange recovered hundreds of thousands of ether tokens through emergency loans and significant deposits, ensuring customer withdrawals remained open. The breach occurred during a routine transfer of funds when hackers exploited security weaknesses. ...

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AI Agents Revolutionizing Medical Assistance: Enhancing Diagnostic Accuracy for Better Healthcare Delivery

The rise of AI solutions like Deepseek is capturing global attention, especially among healthcare leaders. Instead of focusing solely on selecting platforms, healthcare CIOs should prioritize two key AI use cases: supercharged medical assistants and AI security agents. Medical assistants enhance diagnostic accuracy and improve patient care by analyzing data for better diagnoses and treatment ...

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WISeKey Unveils Innovative Space-Based Crypto Network Powered by Satellite Blockchain Nodes for Enhanced Security and Connectivity

WISeKey has announced an exciting new partnership with its SEALCOIN cryptocurrency and the WISeSAT satellite platform. This integration allows secure cryptocurrency transactions to be processed through low-orbit satellites, making it possible for users to transfer money even in remote areas without internet access. The technology uses specialized satellites equipped with advanced security features, ensuring transactions ...

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PHP Server Vulnerability Leads to PacketCrypt Cryptocurrency Mining Exploitation: Protect Your Systems Now

A critical vulnerability in PHP servers, known as CVE-2024-4577, has been exploited to inject a cryptocurrency miner called PacketCrypt Classic. This flaw allows attackers to execute remote code on vulnerable PHP versions, particularly those running on Windows with Chinese and Japanese language settings. Identified by researcher Orange Tsai in June 2024, the vulnerability has been ...

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Cryptocurrency Wallet Drainers Steal $494 Million in 2024: What You Need to Know About This Growing Threat

In 2024, scammers stole an alarming $494 million in cryptocurrency through wallet drainer attacks, impacting over 300,000 wallet addresses. This represents a 67% increase from 2023, with fewer victims but higher average amounts lost. Notably, large-scale thefts exceeded $1 million each, with the biggest hitting $55.4 million early in the year. Ethereum was the most ...

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Hyderabad Police Arrest 21 for Converting Stolen Money into Cryptocurrency in Major Money Laundering Crackdown

In Hyderabad, the Telangana Cyber Security Bureau has arrested 21 individuals involved in a cybercrime scheme that aimed to convert stolen money into cryptocurrency. The suspects were part of a network that withdrew around 8.2 crore rupees from victims’ accounts using fraudulent methods before transferring the funds into cryptocurrency wallets linked to Dubai. Out of ...

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Cryptocurrency Fraud Surge: Unlocking New Growth Opportunities for the Insurance Industry

As cryptocurrencies become more popular, the risk of crypto fraud is increasing, prompting many people to consider crypto insurance. A recent GlobalData poll revealed that 44% of respondents are interested in purchasing insurance for their cryptocurrency wallets. Insurers have traditionally been cautious due to Market volatility, but the rising demand is pushing them to create ...

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