The US government is reportedly set to announce new measures, including sanctions to deter cryptocurrency businesses from getting involved in laundering and facilitating ransomware payments. People familiar with the matter told the Wall Street Journal that the US Treasury Department could enact the new sanctions as early as the week of 20 September 2021. They will reportedly target cryptocurrency exchanges and traders who either knowingly or unwittingly enable cybercrime transactions. Among ot
There appears to be continuing data breach campaign inside the THORChain’s security system. THORChain is a cross-chain DeFi protocol that was hacked last week for the first time and suffered a loss of $8.3 million. Now it has been hacked again, and this time, attackers allegedly managed to steal $8 million worth of cryptocurrency Ether.
According to THORChain, the decentralized e-commerce exchange has become a victim of a sophisticated attack on its ETH router. THORChain posted to Twitter to a
A new information stealer is going after cryptocurrency wallets and credentials for applications including NordVPN, Telegram, Discord, and Steam. Panda Stealer malware uses spam emails and the same hard-to-detect fileless distribution method deployed by a recent Phobos ransomware campaign discovered by investigators.
The attack campaign appears to be primarily targeting users in Australia, Germany, Japan, and the United States. Panda Stealer was discovered by Trend Micro at the beginning of A
A coalition of government agencies and security firms has released a framework for how to disrupt ransomware attacks that calls for expanded regulation of the global cryptocurrency market to better track the virtual coins paid to cybercriminals during extortion schemes.
On 29 April 2021, the Institute for Security and Technology's Ransomware Task Force published the framework, which features 48 proposals. It calls for a coordinated, international diplomatic and law enforcement effort to combat t
The Cybersecurity and Infrastructure Security Agency (CISA) and other US agencies have issued a warning about increases in bank e-thefts worldwide organized by a hacking group called "BeagleBoyz." Researchers believe this group has ties to the North Korean government. The BeagleBoyz group is a subset of the North Korean-backed hacking collective known as the Lazarus Group or Hidden Cobra. The report with details of how the BeagleBoyz have made off with an estimated $2 billion in funds and cry
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