Hackers recently hijacked Labour MP Lucy Powell’s X social media account to promote a fake House of Commons cryptocurrency, dubbed the “$HOC” coin. Posts from her account claimed this “official crypto” was live and touted as a community-driven digital currency. Although the misleading posts were quickly deleted, this incident highlights the rising risk of cryptocurrency ...
A 44-year-old man from Orr, Minnesota, named Joshua Paul Armbrust, has pleaded guilty to computer fraud for running a “cryptojacking” scheme that cost his former employer, Digital River, over $45,000. While he was employed at the e-commerce company until February 2020, Armbrust continued to exploit their resources for personal gain until May 2021. He accessed ...
A man from northern Minnesota, Joshua Paul Armbrust, has pleaded guilty to computer fraud after engaging in a “cryptojacking” scheme that cost his former employer, Digital River, over $45,000. Although he resigned in February 2020, Armbrust continued to exploit the company’s computing resources to mine Ethereum without permission from December 2020 to May 2021. He ...
A new cybercrime campaign is targeting exposed PostgreSQL databases to install cryptocurrency miners, leading to over 1,500 compromised systems. Researchers from cloud security firm Wiz identified the threat actor, dubbed JINX-0126, which has adopted advanced evasion techniques to avoid detection. This includes using a unique file hash for each target and executing payloads in a ...
Darknet markets are shifting back to using Bitcoin as their main cryptocurrency due to challenges with privacy coins like Monero. Eric Jardine from Chainalysis highlighted that as some major exchanges stopped supporting Monero, Bitcoin’s usage increased significantly. Previously, many darknet markets had favored Monero for its privacy features, but its removal from exchanges made it ...
Microsoft has revealed an alarming rise in hacking attempts that are becoming increasingly sophisticated, with criminals using advanced techniques. The company reported tracking 30 billion phishing emails last year, a volume too vast for humans to manage. In response, Microsoft is launching 11 AI cybersecurity agents designed to detect suspicious emails, block hacking attempts, and ...
A resident of Mokena successfully recovered over $100,000 lost in a cryptocurrency scam, thanks to the efforts of a local police detective and Will County prosecutors. The investigation began in September 2024 after the victim reported losing more than $150,000 through an online job scam that promised commission-based remote work. The fraudsters instructed the victim ...
AI bots are advanced software that can learn and adapt to automate cyberattacks, especially in the cryptocurrency space. Unlike traditional hackers, these bots can quickly scan vast amounts of data, making attacks more efficient and harder to detect. They can send personalized phishing emails and exploit vulnerabilities in smart contracts, leading to significant financial losses ...
Recent advancements in AI technology, particularly with tools like OpenAI’s Operator, are raising concerns about the potential for cybercriminals to conduct sophisticated attacks with ease. Researchers at Symantec demonstrated that they could use this AI agent to send phishing emails by impersonating IT support staff, significantly lowering the effort and technical skills needed for such ...
A new malware called MassJacker is targeting users searching for pirated software, according to CyberArk. MassJacker is a type of clipper malware designed to steal cryptocurrency by replacing copied wallet addresses with attacker-controlled ones. The attack begins on a site that appears to offer pirated software and leads to the download of various malicious files. ...
