Cybersecurity entrepreneur John McAfee, who already faces tax evasion charges, has now been indicted for allegedly using his vast social media following to run cryptocurrency pump-and-dump schemes as well as promote virtual currencies to investors without revealing his stake in them, federal prosecutors say.
The latest edition of the ISMG Security Report features an analysis of a federal crackdown on ICO cryptocurrency scams. Also featured: An update on the SonicWall hack investigation and the use of digital IDs to verify COVID-19 testing.
Authorities have accused Serbia-based scammers of capitalizing on the "initial coin offering" bubble that began in 2017, bilking global cryptocurrency investors out of $70 million via Bitcoiin2Gen and other supposed coins and hiring actor Steven Seagal to endorse them.
The latest edition of the ISMG Security Report features an analysis of the critical security issues raised by the hacking of a Florida city water treatment plant. Also featured: The CISO of the World Health Organization discusses supply chain security; hackers steal celebrities' cryptocurrency.
Did Russia pass a tough new cryptocurrency law to help authorities recruit or compel criminal hackers to assist the government? That's the thesis of a new report, which notes that the new regulation includes a host of provisions designed to unmask cryptocurrency users' transactions - or else.
Police have arrested 10 individuals suspected of being part of an international gang that targeted U.S. celebrities by using SIM-swapping attacks to steal cash and more than $100 million in cryptocurrency. Authorities say hackers continue to target cryptocurrency holders and exchanges.
Researchers at Kaspersky are warning that fraudsters are targeting Discord users with a scam centered on a fake cryptocurrency exchange and using the lure of free bitcoin or ethereum cryptocurrency to steal money and personal data.
A Russian national who served as the administrator for the now-defunct Deer.io online clearinghouse - which sold stolen credentials, hacked servers and criminal services, such as assistance performing hacking activities - has pleaded guilty to a federal charge.
Zscaler's ThreatLabz research team is tracking a new botnet dubbed DreamBus that's installing the XMRig cryptominer on powerful, enterprise-class Linux and Unix systems with the goal of using their computing power to mine monero.
Sentinel Labs researchers have identified an updated version of the cryptominer OSAMiner that targets the macOS operating system to mine for monero. The latest iteration uses new techniques to help prevent detection by security tools.
A recently uncovered remote access Trojan, dubbed ElectroRAT, has been stealing cryptocurrency from digital wallets over the past year, according to researchers at Intezer Labs. The malware, written in Golang, can target Windows, Linux and macOS platforms.
A previously documented cryptomining worm dubbed Gitpaste-12 has returned with a wide-ranging series of attacks targeting web applications and IoT devices that exploit at least 31 vulnerabilities, according to Juniper Threat Labs.
The latest edition of the ISMG Security Report features an analysis of why the FireEye breach is a wake-up call for the cybersecurity industry. Also featured: Monero cryptocurrency scams; key considerations for cloud security.