Hackers steal US$41 million worth of Bitcoin from cryptocurrency exchange

The thieves bade their time before running off with more than 7,000 Bitcoin ‘in one fell swoop’. Binance, one of the world’s largest cryptocurrency exchanges, has revealed that it’s fallen victim to a major security breach in which hackers made off with some US$41 million worth of Bitcoin. Several methods, including phishing attacks and malware … More Hackers steal US$41 million worth of Bitcoin from cryptocurrency exchange

Hackers crack university defenses in just two hours

More than 50 universities in the United Kingdom had their cyber-defenses tested by ethical hackers, and the ‘grades’ aren’t pretty. A team of ethical hackers recently conducted tests on the cybersecurity defenses of more than 50 universities in the United Kingdom. In each case, it took them less than two hours to gain access to … More Hackers crack university defenses in just two hours

WPA3 flaws may let attackers steal Wi-Fi passwords

The new wireless security protocol contains multiple design flaws that hackers could exploit for attacks on Wi-Fi passwords. WPA3, a new Wi-Fi security protocol launched in June 2018, suffers from vulnerabilities that make it possible for an adversary to recover the password of a wireless network via “efficient and low cost” attacks, according to a new academic … More WPA3 flaws may let attackers steal Wi-Fi passwords

A closer look at “sextortion” scams

Cyberblackmail/sextortion again raises its not-so-pretty little head. For more than 30 years, I’ve had the privilege of assisting people get rid of viruses and other malicious software.  In the course of doing so, I’ve often been asked questions about computer security-related topics that are not product-specific.  Some are simple or easily answered; some are complex … More A closer look at “sextortion” scams

Criminal hacking hits Managed Service Providers: Reasons and responses

Recent news articles show that MSPs are now being targeted by criminals, and for a variety of nefarious reasons. Why is this happening, and what should MSPs do about it? If you are an MSP, as in managed service provider, or your organization uses the services of an MSP, then you need to be aware … More Criminal hacking hits Managed Service Providers: Reasons and responses

Two men charged with hacking into SEC in stock-trading scheme

The hacking duo is believed to have exploited a software flaw and compromised several SEC workstations with malware in order to take early peeks at financial disclosures. Two Ukrainian men are facing charges over their roles in an international stock-trading scheme that began with the pair’s breaking into the computer systems of the US Securities … More Two men charged with hacking into SEC in stock-trading scheme

New Year’s resolutions: Sharpen up your passwords

In case there are some blank entries in your laundry list of New Year’s resolutions, we have a few tips for a bit of cybersecurity ‘soul searching’. Here’s the first batch, looking at how you can fix your good ol’ passwords. Many of us entered 2019 with a boatload of New Year’s resolutions. Doing more … More New Year’s resolutions: Sharpen up your passwords