cryptocurrency

Fear of Cyber Attacks surges Cyber Insurance Buy!

SecureData, one of Europe’s Largest Independent Security Services Provider has discovered in a survey that the fear of cyber attacks is surging up the ‘Cyber Insurance Buy’ from business operating across the UK to cover the mounting losses. “Cyber attacks are coming thick and fast as the tools of the hackers are getting sophisticated. And […]

Hancock Memorial Hospital becomes a victim of Ransomware Attack

Hancock Regional Hospital located in Hancock County, Indiana has become the latest victim of SamSam Ransomware attack. The healthcare services provider announced on Sunday that a group of hackers has shut down their computer network by encrypting the database and are demanding a sum of $55,000 worth of cryptocurrency to decrypt the database. As of […]

Hackers earn $250,000 from Cryptocurrency Mining on Oracle WebLogic and People Soft Servers!

Morphus Labs, a Portugal based company which carries out research on Cyber Security has reported early this week that hackers have installed malware related to Cryptocurrency Mining on Oracle WebLogic Servers and People Soft Servers last year and have succeeded in earning $250,000 through the fraudulent activity. Renato Marinho, the Chief Research Officer from Morphus […]

HC7 Planetary is first of its kind Ransomware to accept Ethereum Payments

A new variant of ransomware called HC7 Planetary is doing rounds in the digital world and is said to be first of its kind to accept Ethereum payments. Cybersecurity Insiders has learned that the developers of this ransomware are said to be accepting payments not only in Bitcoins but in Monero and Ethereum coins. In […]

Cryptocurrency stealing malware will proliferate in 2018!

Cybersecurity Company Fortinet is predicting that hackers and software developers of the dark world will try to cash in this year with a malware that steals cryptocurrency like Bitcoins, Ethereum, Monero, and Zcash. The firm also predicts a rise in crime related to ransomware spread and for those who make their living on Cryptojacking. Derek […]

Prove that we were behind WannaCry Ransomware Attack says North Korea

The UN Ambassador from North Korea has literally challenged the United States and is demanding Washington provide evidence to back that Pyongyang was behind the WannaCry Ransomware Attack which targeted more than 250,000 computers across 150 countries in May this year. Pak Song II the North Korean UN Ambassador said that allegations jointly put forward […]

VenusLocker Ransomware spreaders switch to Cryptocurrency Mining

Cyber Crooks who were behind the spread of VenusLocker Ransomware have switched to Cryptocurrency Mining targeting computer users in South Korea. And as per the sources reporting to Cybersecurity Insiders, instead of locking down computers with malware and demanding a ransom, they say hackers’ group are now trying to install malware on PCs that mines […]

Ransomware threats making British companies stockpile Bitcoins!

Ransomware threats are on the rise and this is making British companies take preventive measures to counter any such situation. One such measure taken up by most companies operating in the UK is to stockpile Bitcoins to use the purchased crypto as ransomware hush money. Yes, Paul Taylor, the former Cyber Chief in UK’s Minister […]

Technological Innovation key to stopping Cyber Attacks!

Technological Innovation key to stop Cyber Attacks said Ian Levy, Technical Director at UK’s National Cyber Security Center (NCSC). He added that the current set of cyber defense technologies offered by traditional suppliers are not enough to contain the present set of sophisticated cyber Attacks taking place in next five years and that is where […]

UK Cryptocurrency Electroneum hit by Cyber Attack!

British Cryptocurrency startup Electroneum was hit by a cyber attack that has shut down all its investor accounts for several days. The said digital currency which can be mined from smartphones was due to be launched last Thursday. But the operators have now decided to postpone the launch of the Electroneum’s website and mobile app […]

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