News and Analysis

Former Yahoo! Engineer Who Hacked 6,000 Email Accounts Looking for Sexually Explicit Media Avoids Jail Former Yahoo! Engineer Who Hacked 6,000 Email Accounts Looking for Sexually Explicit Media Avoids Jail

Californian Reyes Daniel Ruiz, who worked as a reliability engineer among other roles at Yahoo! from 2009 to 2018, abused his position by accessing Yahoo’s backend to steal “hashed” passwords, crack them and log into email accounts of women, including some coworkers.

Malware App Fakes Postal Service to Steal User Personal Data and Manipulate SMS Messages Malware App Fakes Postal Service to Steal User Personal Data and Manipulate SMS Messages

A group of researchers at cybersecurity firm Cybereason has detected an upgraded version of FakeSpy, a malware targeting the Android mobile operating system that originally appeared in late 2017. The malware is designed to steal users’ personal information such as financial and application data, contact lists, as well as steal and manipulate SMS messages.

Malware App Fakes Postal Service to Steal User Personal Data and Manipulate SMS Messages Chinese Scammers Exploit Cardano Brand and CEO’s Photo to Target Wealthy Farmers

A group of alleged scammers who exploit Cardano’s brand to deceive people has been spotted at a blockchain conference in China. Charles Hoskinson, CEO of IOHK, the company behind Cardano, said the scammers have no affiliation with the ecosystem.

Antifa Threatened With Extremist Status: No Longer Thinks Bitcoin Is an Alt-Right Currency Antifa and BLM Will Make Bitcoin Edgy Again Antifa Threatened With Extremist Status: No Longer Thinks Bitcoin Is an Alt-Right Currency Antifa and BLM Will Make Bitcoin Edgy Again

Why neo-nazis love Bitcoin? Two years ago, this question was raised and promptly answered by The Guardian. In the atmosphere where right-wing or religious extremist groups were largely de-platformed, defunded, and shunned by both businesses and the public, it all boiled down to a single realization.

AT&T Faces Lawsuit Over Alleged SIM Swapping Leading to Massive Cryptocurrency Theft  AT&T Faces Lawsuit Over Alleged SIM Swapping Leading to Massive Cryptocurrency Theft 

AT&T has been involved in a lawsuit alleging that its employees facilitated the hijacking of a client’s SIM card, which then allowed attackers to steal crypto the client’s cryptocurrency. The telecom giant is yet to defend in court over another similar lawsuit going back to 2018.

North Korean Hacker Group Lazarus Laundered Over 2,500 Stolen Bitcoins In May, Report North Korean Hacker Group Lazarus Laundered Over 2,500 Stolen Bitcoins In May, Report

In May, North Korean hacker group Lazarus transferred 2,549 Bitcoins (BTC), or approximately $23.2 million, to two mixing services, ChipMixer and Wasabi, in a bid to cover their tracks. The team behind OXT Research, a company that conducts in-depth research and analysis of the Bitcoin network, de-anonymized the group through both mixers and set forth […]

“BigSpender” Exploit in Some Bitcoin Wallets Allows Attackers to Fake Transactions “BigSpender” Exploit in Some Bitcoin Wallets Allows Attackers to Fake Transactions

The team behind the ZenGo crypto-currency wallet found a design flaw in several competing Bitcoin wallets allowing attackers to trick the software by sending and undoing transactions via the Replace-By-Fee feature.

U.S. Senators Introduce Ultimate Backdoor Bill Banning the Use of Strong Consumer-Grade Encryption U.S. Senators Introduce Ultimate Backdoor Bill Banning the Use of Strong Consumer-Grade Encryption

Last week, Republican U.S. Senators introduced the Lawful Access to Encrypted Data Act “ending the use of ‘warrant-proof’ encrypted technology by terrorists and other bad actors to conceal illicit behavior.” Experts and privacy advocates think it can effectively outlaw strong encryption.

U.S. University Pays Over $1M Ransom in Bitcoin to Hackers to Regain Access to Encrypted Data U.S. University Pays Over $1M Ransom in Bitcoin to Hackers to Regain Access to Encrypted Data

On June 1, University of California San Francisco (UCSF) detected and subsequently stopped a cyber-attack, wherein threat actors obtained access to a part of the School of Medicine’s IT infrastructure. As part of the attack, the hackers encrypted a number of servers, making them temporarily inaccessible.

FBI Names Six U.S. States Most Vulnerable to Online Attacks FBI Names Six U.S. States Most Vulnerable to Online Attacks

The United States Federal Bureau of Investigation (FBI) has estimated that cybercriminals stole approximately $2 billion from victims by virtue of compromising corporate email accounts, in 2019. Criminals continued to invent new and more sophisticated types of attacks last year, although quite widespread extortion, government impersonation, and spoofing were the three crime categories newly added […]

U.S. Accuses Julian Assange of Recruiting LulzSec and Anonymous Hackers to Steal Gov’t Documents for WikiLeaks U.S. Accuses Julian Assange of Recruiting LulzSec and Anonymous Hackers to Steal Gov’t Documents for WikiLeaks

A United States district court has released an indictment alleging Julian Assange, the founder of the online archive containing thousands of classified documents from government and corporate entities, WikiLeaks, of an attempt to recruit hackers from the LulzSec and Anonymous hacker groups to obtain sensitive information from government systems. Once stolen, the documents would appear […]

Amnesty Tech Exec: NSO Group’s Malicious Spyware Is Enabling State-Sponsored Repression of Human Rights Defenders Amnesty Tech Exec: NSO Group’s Malicious Spyware Is Enabling State-Sponsored Repression of Human Rights Defenders

Amnesty Tech, a global collective of researchers, hackers, and advocates campaigning for human rights, has claimed that Israeli tech company NSO Group committed a government-backed surveillance operation over journalists.

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