Home Tag "cryptocurrency"

Cryptocurrency Ransom Attack Payments Hit All-Time-High Of US$1 Billion

Deepak
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After an encouraging decline in 2022, the ransomware landscape saw a major escalation in the frequency, scope, and volume of attacks, resulting in victims paying out over US$1.1 billion in cryptocurrencies to cyber criminals last year. The findings, which are part of Chainalysis’ upcoming 2024 Crypto Crime Report, also highlighted that ‘big game hunting’ — where malicious actors aim to collect larger payments when successful — has become a winning strategy over the last few years, with 75% of ransomware […]

Kaspersky Discovers New Phishing Scheme Targeting Cryptocurrency

Deepak
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Kaspersky has unearthed a phishing campaign targeting cryptocurrency users across the globe. The scheme showcases the ever-evolving tactics used by cybercriminals, reflecting cryptocurrency’s increasing appeal. During the spring of 2023 alone, Kaspersky’s solutions detected and thwarted over 85,000 scam emails, encompassing both hot and cold wallets. Kaspersky provides an in-depth report revealing the intricacies of these two distinct email attack techniques and enlightening the differences in hot and cold cryptocurrency storage methods. With over 400,000,000 cryptocurrency wallet owners globally, as […]

Satacom Campaign Delivers Cryptocurrency-Stealing Browser Extension

Deepak
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A malicious extension for the Chrome, Brave, and Opera browsers is used to steal cryptocurrency from victims as a part of a recent Satacom campaign discovered by Kaspersky. Nearly 30,000 users were at risk of being targeted during the last two months. The attackers have implemented a range of malicious actions to ensure that the extension remains undetected while the unsuspecting user browses the targeted cryptocurrency exchange websites, including Coinbase and Binance. In addition, the extension enables threat actors to […]
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