2022 was the biggest year ever for crypto hacking, with US$3.8 billion stolen from cryptocurrency businesses, up from US$3.3 billion in 2021. This increase is even more pronounced when compared to 2019 and 2020, when the total for each year was significantly lower at US$0.5 billion. Over the course ofRead More…
Sophos today released new findings on CryptoRom scams—elaborate financial fraud schemes that prey on and trick dating app users into making fake cryptocurrency investments—in its latest report, “Fraudulent Trading Apps Sneak into Apple and Google App Stores.”Read More…
Kaspersky researchers have uncovered a new spam campaign spreading through direct messages on Twitter and stealing the cryptocurrency of affected users. Users are asked for help to withdraw hundreds of thousands of dollars from the crypto account of a stranger on Twitter. However, to help the stranger, victims are encouragedRead More…
In Q3 2022, Kaspersky researchers saw a sharp increase in crypto miner variants – an overall growth of over 230% compared to the same period last year. The number is three times more than in the third quarter of 2021 and now exceeds 150,000. Of all corporate users that wereRead More…
According to the data analyzed by the Atlas VPN team, blockchain hackers stole $2.5 billion in three quarters of 2022. In total, hackers got away with nearly $483 million in Q3 2022. Despite that, blockchain hacks fell by 43% in the last quarter compared to Q2. Even though the cryptocurrencyRead More…
Kaspersky researchers have been tracking attack campaigns from the DeathStalker hack-for-hire group since 2018. Recent analysis shows that the threat actor updated its evasive “VileRat” toolset to attack cryptocurrency and foreign currency exchange companies in Bulgaria, Cyprus, Germany, the Grenadines, Kuwait, Malta, the United Arab Emirates and Russia in 2022.Read More…
As cryptocurrency and non-fungible tokens (NFTs) become more mainstream, and capture headlines for their volatility, there is a greater likelihood of more individuals falling victim to fraud attempting to exploit people for digital currencies.Read More…
The World Wide Web is transitioning to Web 3.0 which is being driven by advancements in cryptocurrency, blockchain technology, decentralized applications, and decentralized file storage. A central component of this transition is the development of a 3-D experienceRead More…
