New Malware Attacks Hold ASIC Miners to Ransom

According to reports from cybersecurity researchers, there’s a new ransomware virus on the loose that’s targeting bitcoin miners. A file locking program called H-Ant has allegedly infected certain Antminer models in China and if the ransom is not paid the software aims to destroy the infected machine. Also Read: Money Transmitter License Not Required for Crypto Businesses in Pennsylvania New Ransomware […]

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New Malware Combines Cryptojacking, Cryptomining with Known Ransomware

Ransomware has been a big problem over the past few years. Criminals are now actively revisiting this malware family to focus on cryptomining and cryptojacking. Cryptocurrencies remain incredibly appealing to criminals, despite the falling prices affecting all markets. Ransomware Makes an Annoying Comeback Over the past year, it almost seemed as if ransomware would no longer be a factor. Criminals […]

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Hackers Encrypt Indian Hospital Data, Demand Bitcoin as Ransom

A prominent hospital in India’s wealthiest city Mumbai has become the latest victim of a ransomware attack. The actors behind the malware have encrypted hospital data and are demanding ransom in bitcoin to relinquish control of data.  Also see Novogratz: ‘A Herd of Institutional Investors’ Will Run Into Crypto Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts […]

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Using Bitcoin to prevent identity theft

During the recent past, we heard a lot of news stories related to encryption attacks and identity theft. The recent “WannaCry Encryption Attack” can be considered as a perfect example to prove the above mentioned fact. These instances are in a position to create a tremendous impact on the lives of people. As a result, necessary steps need to be […]

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HIBP Look-alike Demands Ransom with Crypto

The burgeoning cryptocurrency industry, given the relative anonymity it affords users, has presented a number of financial security and personal privacy risks. Recent reporting has alerted web surfers to a fake version of the popular data breach service Have I Been Pwned (HIBP). According to RTL news, the counterfeit web page asks users to shell out $10 USD in cryptocurrencies […]

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