Don’t read this Kaspersky report if you’re prone to paranoia. The cybersecurity experts and antivirus manufacturers released its annual “Cyberthreats to financial organizations” paper and two items are about cryptocurrencies. Prepare to be spooked. The report begins with an evaluation of last year’s predictions and they were only wrong about one, and not by much.…
The US Treasury Department has just announced new sanctions against online criminal groups based in North Korea. The groups have reportedly conducted cryptocurrency ransomware attacks and other cyber crimes aimed at subverting international sanctions against the state. The US Treasury believes these attacks are directly funding the North Korean missile programme. This presents those companies…
Hackers have once again managed to syphon millions of dollars from a cryptocurrency thanks to a fundamental weakness in its underlying technology. A so-called 51 per cent attack on ethereum classic, a spin-off of the world's second most popular cryptocurrency, saw cyber criminals make away with more then $1.5 million (£1.2m) and forced popular exchange Coinbase to…