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Cybercriminals successfully plundered another digital cryptocurrency exchange. European cryptocurrency exchange Eterbase this week disclosed a massive breach of its network by an unknown group of hackers who stole cryptocurrencies worth 5.4 million dollars. Eterbase, which has now entered maintenance mode until the security issue is resolved, described itself as Europe's Premier Digital Asset Exchange. Based in Bratislava, Slovakia, and launched in 2019, Eterbase is a small cryptocurrency exchange platform that focuses on crypto to SEPA integration (via individual IBAN accounts), multi-asset support, and regulatory compliance. On Monday night, malicious threat actors managed to raid six Eterbase's hot wallets for Bitcoin, Ethereum, XRP, Tezos, Algorand, and TRON and transferred the funds into their wallets managed at six rival crypto exchanges, Eterbase reported on its Telegram channel on Tuesday. According to a tweet posted by the affected exchange, Eterbase t

What do you do to earn up to $150,000? Somebody just hacks into airlines and sells fake tickets. That's exactly what a 19-year-old teenager did and made approximately 1.1 Million Yuan (£110,000 or $150,000) by hacking into the official website of an airline and using the stolen booking information to defraud hundreds of passengers. The teenager, identified as Zhang from Heilongjiang, north-east China, hacked into a Chinese airline website and illegally downloaded 1.6 Million passengers bookings details, including: Flight details Names ID card numbers Email addresses Mobile phone numbers Zhang then used this information to successfully defraud hundreds of customers by convincing them that there was some issue with their booking flights, and they had to pay extra fees, according to People's Daily Online . Moreover, the hack caused the airline to lose almost 80,000 Yuan ( $12,365 USD ) as a result of customers requesting refunds. The incident too

Identities now transcend human boundaries. Within each line of code and every API call lies a non-human identity. These entities act as programmatic access keys, enabling authentication and facilitating interactions among systems and services, which are essential for every API call, database query, or storage account access. As we depend on multi-factor authentication and passwords to safeguard human identities, a pressing question arises: How do we guarantee the security and integrity of these non-human counterparts? How do we authenticate, authorize, and regulate access for entities devoid of life but crucial for the functioning of critical systems? Let's break it down. The challenge Imagine a cloud-native application as a bustling metropolis of tiny neighborhoods known as microservices, all neatly packed into containers. These microservices function akin to diligent worker bees, each diligently performing its designated task, be it processing data, verifying credentials, or

If you have shopped something during the Black Friday weekend from Target's U.S based Retailer stores, then please pay serious attention - Your Credit and Debit card account may have been at Risk. There are more than 1,500 Target stores throughout the U.S and 40 Million credit and debit card accounts of Target's customers may have been stolen during the height of the holiday shopping season, according to a statement  published by the company. Somehow thieves allegedly gained access to personal data in stores when customers swiped their cards at the register. That information is then typically sold to buyers who then make bogus debit or credit cards with it. So the customers who made purchases by swiping their cards at terminals in its U.S. Stores between November 27 and December 15 may have been exposed.  Krebs who broke the story reports that the breach does not impact shoppers who purchased items online. Target has not disclosed exactly how the data breach occurr

The breaking news is that, another Bitcoin exchange  company gets hacked i.e. BIPS ( bips.me ), one of the largest European Danish Bitcoin payment processors. On Friday evening, a bunch of cyber criminals just broke into BIPs - Bitcoin payment processor servers and wiped out around 1,295 Bitcoin from people's wallets, currently worth $1 Million. More than 22,000 consumer wallets have been compromised and BIPS will be contacting the affected users. Initially on 15th November, Hackers launched Distributed Denial of Service (DDoS) attack on BIPS, originate from Russia and neighboring countries and then hackers attacked again on 17th November. This time somehow they got access to several online Bitcoin wallets, which allowed them to steal the 1,295 BTC. " As a consequence Bips will temporarily close down the wallet initiative to focus on real-time merchant processing business which does not include storing of Bitcoins. " company says. " All existing users will be aske

Another Bitcoin Exchange hacked!  Bitcash. CZ based out of the Czech Republic has been hacked and Money from 4000 Bitcoin wallets have been Stolen, value of over 2 million Czech Koruna i.e. Approx $100,000. Bitcash.cz  is currently down with a maintenance message that on the evening of November 11, their server was compromised by unknown Hackers and  bitcoins from its clients were stolen. Hackers appear to have sent emails from Bitcash.cz email accounts pretending to be members of staff. The emails claim the company had to use a US recovery company to get back the bitcoins that have been stolen and recipients are then apparently asked to send 2 BTC to a wallet address in order for their bitcoins to be returned. " We are trying to resolve the situation, but we want to warn our users about fraudulent emails and scams [claiming to be from Bitcash] " site said on their Facebook page. Meanwhile, GBL, the Chinese Bitcoin exchange mysteriously disappeared, t

A hacker 'Cahya Fitrianta' sentenced to eight years in prison by the West Jakarta District Court judges for hacking into many economic websites to steal money and funding that money to terrorist groups. He is also ordered to pay a Rp 500 million ($51,000) fine. He is charged with breaking into many sites, for running online fraud of billions of dollars and fund that money to terrorist training in Poso, Central Sulawesi. Cahya was arrested in May last year in a Bandung hotel. The defendant, along with another man, Rizki Gunawan. Police in May arrested Rizki, accusing him of hacking a marketing firm's website to steal money in order to fund militant training. They both accused of channeling money to terrorism suspect Umar Patek , who was sentenced this year to 20 years for his role in the 2002 Bali bombing. " Aside from engaging in a vicious conspiracy, the defendant was also found guilty of laundering money, which he obtained from hacking the www.speedline.co

A new version of the Zeus botnet was used to steal about $47 million from European banking customers in the past year. This Zeus variant Trojan is blamed for attacks that stole more than 36 million Euros ($47 million U.S. dollars) from an estimated 30,000 consumer and corporate accounts at European banks. Dubbed "Eurograbber"  is more than just another banking Trojan. It's an exploitation of fundamental online banking authentication practices that could strike any institution. With the phone number and platform information, the attacker sends a text message to the victim's phone with a link to a site that downloads what it says is "encryption software" for the device. Customers become victims of Eurograbber by clicking on malicious links that may come in phishing-attack emails and then after injecting scripts to browser , the malware intercepts two-step authentication text messages sent to customers' phones. Customers at an estimated 30 banks fell vic

FBI have arrested 14 people over the theft of $1 million from Citibank using cash advance kiosks at casinos located in Southern California and Nevada. Authorities say the suspects would open accounts at Citibank, then go to casinos in California and Nevada and withdraw the money from cash-advance kiosks as many times as they could in a 60-second span. Someone had figured out that a glitch prevented Citibank from recording the extra withdrawals. FBI agents assisted by the Glendale Police Department and the Los Angeles Police Department arrested 13 of the defendants in the Los Angeles area Wednesday and Thursday. The suspects used the money to gamble and were given comped hotel rooms because of the amount they were spending, according to the FBI. Withdrawals were kept under $10,000 to avoid federal transaction reporting requirements, the FBI release read. FBI Special Agent in Charge Daphne Hearn commented, " While advancements in technology have created a world of

A French hacker has been arrested for spreading a virus through fake smartphone applications. Prosecutors say he stole tiny sums from 17,000 people, amassing about 500,000 euros (£405,000) since 2011. Working from the basement of his parents' home in Amiens, France, he created malicious software that looked like normal smartphone apps, but these programs stole money through hidden transactions. He also used programs that sent him the usernames and passwords for gambling and gaming websites. The man admitted his crimes to police after he was arrested in the northern French city of Amiens. He told officials that he was motivated by a strong interest in computers and the desire to be a software developer.

The city of Burlington is warning its employees to check their bank accounts after finding out funds have been stolen. The Skagit Valley Herald reports the money was electronically transferred to various personal and business accounts throughout the United States during a two-day period this week. " We really don't know exactly how it happened ," said City Manager Bryan Harrison. " Multiple banks in multiple states involved. " " Someone, either through the city system or Bank of America had actually accessed our electric authorization account. " The theft was first reported by the Skagit Valley Herald newspaper which said that Burlington's finance department reported the theft Thursday. Police and the Secret Service are investigating. Burlington is a city of about 8,400 people roughly 60 miles north of Seattle. They believe the money has been shifted to different banks around the world. Officials say they will recover the money that was