URL Shortener | Breaking Cybersecurity News | The Hacker News

Security researchers have been warning about a new malicious campaign that leverages an alternative scheme to mine cryptocurrencies without directly injecting the infamous CoinHive JavaScript into thousands of hacked websites. Coinhive is a popular browser-based service that offers website owners to embed JavaScript code that utilizes their website visitors' CPUs power in order to mine the Monero cryptocurrency for monetization. However, since its inception, mid-2017, cybercriminals have been abusing the service to illegally make money by injecting their own version of CoinHive JavaScript code to a large number of hacked websites, eventually tricking their millions of visitors into unknowingly mine Monero coins. Since a lot of web application security firms and antivirus companies have now updated their products to detect unauthorized injection of CoinHive JavaScript, cybercriminals have now started abusing a different service from CoinHive to achieve the same. Hackers

The famous URL shortening service is facing a data breach . The very popular URL shortening service Bitly, has issued an urgent security warning saying that its users' account credentials may have been compromised, according to a blog post published yesterday. " We have reason to believe that Bitly account credentials have been compromised; specifically, users' email addresses, encrypted passwords, API keys and OAuth tokens ," Bitly CEO Mark Josephson wrote in a blog post . At this point, however, there is no indication that hackers have broken into any user accounts, he said. Bitly was founded in 2008, allows users to shorten links and making it to share on other sites easier for users. It is privately held and based in New York City. Bitly shortens more than one billion links per month and powers over 10,000 custom short URLs and offers an enterprise analytics platform that helps web publishers and brands grow their social media traffic. Bitly users' acc

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