Category: cryptocurrency

Auto Added by WPeMatico

Water Utility Infected by Cryptocurrency Mining Software

Posted on By infossl
cryptocurrency, hacking, malware, scada, Security technology, utilities

A water utility in Europe has been infected by cryptocurrency mining software. This is a relatively new attack: hackers compromise computers and force them to mine cryptocurrency for them. This is the first time I’ve seen it infect SCADA systems, though. It seems that this mining software is benign, and doesn’t affect the performance of … Read More “Water Utility Infected by Cryptocurrency Mining Software” »

New Malware Hijacks Cryptocurrency Mining

Posted on By infossl
botnets, cryptocurrency, hacking, malware, scams, Security technology

This is a clever attack. After gaining control of the coin-mining software, the malware replaces the wallet address the computer owner uses to collect newly minted currency with an address controlled by the attacker. From then on, the attacker receives all coins generated, and owners are none the wiser unless they take time to manually … Read More “New Malware Hijacks Cryptocurrency Mining” »

“Crypto” Is Being Redefined as Cryptocurrencies

Posted on By infossl
bitcoin, cryptocurrency, cryptography, Security technology

I agree with Lorenzo Franceschi-Bicchierai, “Cryptocurrencies aren’t ‘crypto’“: Lately on the internet, people in the world of Bitcoin and other digital currencies are starting to use the word “crypto” as a catch-all term for the lightly regulated and burgeoning world of digital currencies in general, or for the word “cryptocurrency” — which probably shouldn’t even … Read More ““Crypto” Is Being Redefined as Cryptocurrencies” »

Ethereum Hacks

Posted on By infossl
cryptocurrency, cryptography, hacking, Security technology, theft, vulnerabilities

The press is reporting a $32M theft of the cryptocurrency Ethereum. Like all such thefts, they’re not a result of a cryptographic failure in the currencies, but instead a software vulnerability in the software surrounding the currency — in this case, digital wallets. This is the second Ethereum hack this week. The first tricked people … Read More “Ethereum Hacks” »