Attacks

Why This Massive Syscoin Heist Has Crypto Traders In A Cold Sweat

The cryptocurrency trading scene now defines the old adage, “every man for himself.” Without any form of government or state-backed regulation, a blockchain-based currency such as Bitcoin and its derivatives must rely solely on speculation to assess the flow of trading. With all the recent interest in this form of trading and the nature of their

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How The 2019 WannaCry Scam Evolved Into Straight Up Extortion

May 12, 2017, will always be remembered by the corporate world, especially the healthcare industry as a date when a new cyber-extortion racket, the WannaCry malware was unleashed and no cybersecurity software was able to anticipate it. It took advantage of a flaw in Server Message Blocks (SMB) version 1.0 to penetrate an otherwise security-hardened

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This Is An Honest Look At The Dangers of A DDoS Attack

A Distributed Denial of Service (DDoS) is a cyber attack that causes a website or online service to crash and become unavailable for a certain amount of time. These attacks use multiple compromised systems to target a single website causing a denial-of-service to users of the affected site. A DDoS attack is known to affect

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Is The GDPR’s Hefty Penalty Forcing Ransomware Victims To Pay Up?

Experts and authorities typically discourage companies under threat of ransomware from paying the crypto fees requested to release their encrypted data. But this common response may soon become a thing of the past as fresh EU legislation that took effect last month, now known as the General Data Protection Regulation (GDPR), will leverage hefty fines

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The University of Greenwich Suffered A Breach And A Heavy Fine

The University of Greenwich has suffered a data breach, following which the Information Commissioner has imposed a fine of £120,000 ($160,000) upon the University; the breach involved the personal data of almost 20,000 people. A release from the Information Commissioner’s Office (ICO) says- “The University of Greenwich has been fined £120,000 by the Information Commissioner

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Hackers Steal Millions From Mexican Banks By Targeting Payment Systems

Mexico’s central bank Governor Alejandro Diaz de Leon told journalists late Monday that the attack on the payment system was unprecedented and that he hoped that measures being taken would stop future incidents. Hackers have managed to get away with hundreds of millions of pesos from leading Mexican banks by targeting the payment systems. Reuters

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Hackers Now Use Their Own Admin Tools Against Company Networks

As if the threatscape couldn’t hold any more danger, IT teams must now add their favorite network administration tools as possible backdoor entry points for hackers. Hackers have found a way to abuse LDAP, Kerberos, and NTLM, take over WMI and DCE/RPC, two popular network admin tools, to get admin privileges. After an initial infection

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Why Cyber Attacks Are Now The Biggest Risk To The World

In the recent World Economic Forum 2018, The Global Risk Report has identified the highest risk on a global level. Experts have determined the possible impact on the geopolitical and economic status of cyber-attacks. It is believed that major attacks may occur in the next five years. Its effect was associated similar to natural disasters

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Hackers Love The EternalBlue Exploit Because You Hate It

There is one thing small-time hackers and heavy-hitting black hats have in common—they both love the exploit known as EternalBlue. Evolved from the famous computer worms Conficker and Welchia, EternalBlue employs diverse exploits with new, brilliant-devised, and easy to deploy applications. As a hacker favorite, it leaves digital devastation in its wake while taking advantage of any unpatched

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Pawned: People Who Got Hacked Tell Their Stories

We hear about various hacks through the news, and most of the time, we only tend to remember the statistics about how many accounts were affected, what details were leaked, and how much loss the company faced in the form of dollar bills. But honestly, these stories don’t hold much of a human appeal—and they

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