An actor managed to hack the CoinDash official website during the company's ICO (Initial Coin Offering) and diverted over $7 million worth of Ethereum by replacing the official wallet address with their own. The incident took place on Monday, just minutes after the company launched its ICO in an attempt to raise funds in the form of Ethereum
CS Digest Section: Cyber Crime
A new cyber virus spread from Ukraine to wreak havoc around the globe on Wednesday, crippling thousands of computers, disrupting ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia.
The ransomware attacked more than 153 Linux servers that South Korean web provider Nayana hosted, locking up more than 3,400 websites on June 10. In Nayana's first announcement a few days later, it said the hackers demanded 550 bitcoins to free up all the servers -- about $1.62 million.
If there was ever a case to be made for why agencies and organizations invest in cybersecurity protections, look no further than the recent WannaCry ransomware attack.
The recently discovered EternalRocks joins a set of highly infectious bugs created from the NSA's leaked tools.
Cyber security firm Symantec said on Monday it was "highly likely" a hacking group affiliated with North Korea was behind the WannaCry cyber attack this month that infected more than 300,000 computers worldwide and disrupted hospitals, banks and schools across the globe.
Cybersecurity researchers have identified a second ongoing global cyberattack that has quietly hijacked hundreds of thousands of computers around the world, including many in the United States, for a massive cryptocurrency mining operation.
A cyber-attack that hit organizations worldwide including the UK's National Health Service was "unprecedented", Europe's police agency says.
New research suggests that an elaborate cybercrime ring is responsible for stealing between $3 million and $5 million worth of revenue from online publishers and video advertising networks each day.