CYBERCRIME

A cheap and easy-to-deploy hacking tool used by cybercriminals to covertly hijack computers has been dismantled in an international policing operation.

"Those infected devices are actively trying to spread malicious code," researchers said.

Similar to other ransomware, Scarabey demands a Bitcoin payment from victims after infecting their system and encrypting all files.

The FBI has identified four variations of the scam that claimed the recipient has been a victim of a fraud scheme or a cybercrime.

Andy Kays, Chief Technical Officer at UK-based threat detection and response specialist, Redscan.

BeeToken has confirmed the phishing attacks, warning users to be wary of emails and Telegram messages asking for funds.

"It is interesting to see a new ransomware being distributed via exploit kits in what so far seems to be a few ongoing campaigns," researchers said.

Google Play store riddled with malware and viruses but elite engineers promise work underway to clean up shop.

Experts found that the highest number of leaked credentials, 555,000 credentials, came from the financial sector.

Blockchain technology can make transactions safe and secure, but cryptocurrency exchanges trading bitcoins and other virtual currencies are still being hacked.

Hackers targeted Bitcoin payments of LockerR ransomware, GlobeImposter ransomware, Sigma ransomware and others.

"This should be treated as a call to action to take appropriate steps to protect their ATMs against these forms of attack and mitigate any consequences," ATM vendor NCR said.

Security researchers found that Dridex and BitPaymer ransomware, share several similarities in code and evasion techniques.

Hackers stole over $500m from Coincheck, a major Tokyo-based cryptocurrency exchange, in the biggest cryptocurrency heist to date.

Around 15 to 30 million people have likely been affected by the new Monero mining campaign, which was launched just four months ago.

HM Revenue and Customs (HMRC) has stopped thousands of taxpayers from receiving scam text messages, with 90% of the most convincing halted before they reached phones.

The malicious malware is designed to find and harvest a slew of sensitive data including credentials, browser data and even cryptocurrency wallets

Security experts found the code for the Masuta botnet on the dark web, which led them to link Satori and Masuta.

Security experts analysed over 18,000 apps across 20 app stores to find that 661 blacklisted Bitcoin apps were still available to users.

A technology forum based in Malaysia is under investigation after publishing details of a major data breach which included the personal details of more than 220,000 organ donors.

The discovery comes as cybercriminals increasingly tap into cryptocurrency as lures, payment options or attacks.