Cybercriminal | Breaking Cybersecurity News | The Hacker News

A top Russian-language underground forum has been running a "contest" for the past month, calling on its community to submit "unorthodox" ways to conduct cryptocurrency attacks. The forum's administrator, in an announcement made on April 20, 2021, invited members to submit papers that assess the possibility of targeting cryptocurrency-related technology, including the theft of private keys and wallets, in addition to covering unusual cryptocurrency mining software, smart contracts, and non-fungible tokens (NFTs). The contest , which is likely to continue till September 1, will see a total prize money of $115,000 awarded to the best research. "So far, the top candidates (according to forum member voting) include topics like generating a fake blockchain front-end website that captures sensitive information such as private keys and balances, creating a new cryptocurrency blockchain from scratch, increasing the hash rate speed of mining farms and botnets, ...

A Florida teen accused of masterminding the hacks of several high-profile Twitter accounts last summer as part of a widespread cryptocurrency scam pled guilty to fraud charges in exchange for a three-year prison sentence. Graham Ivan Clark, 18, will also serve an additional three years on probation. The development comes after the U.S. Department of Justice (DoJ)  charged  Mason Sheppard (aka Chaewon), Nima Fazeli (aka Rolex), and Clark (then a juvenile) with conspiracy to commit wire fraud and money laundering. Specifically, 30 felony charges were filed against Clark, including one count of organized fraud, 17 counts of communications fraud, one count of fraudulent use of personal information with over $100,000 or 30 or more victims, 10 counts of fraudulent use of personal information, and one count of access to computer or electronic device without authority. On July 15, 2020, Twitter  suffered  one of the biggest security lapses in its history after the atta...

21 people have been arrested across the UK as part of a nationwide cyber crackdown targeting customers of WeLeakInfo[.]com, a now-defunct online service that had been previously selling access to data hacked from other websites. The suspects used stolen personal credentials to commit further cyber and fraud offences, the UK National Crime Agency (NCA)  said . Of the 21 arrested — all men aged between 18 and 38 — nine have been detained on suspicion of Computer Misuse Act offences, nine for Fraud offences, and three are under investigation for both. The NCA also seized over £41,000 in bitcoin from the arrested individuals. Earlier this  January , the US Federal Bureau of Investigation (FBI), the NCA, the Netherlands National Police Corps, the German Bundeskriminalamt, and the Police Service of Northern Ireland jointly  seized the domain  of WeLeakInfo.com. Launched in 2017, the service provided its users a search engine to access the personal i...

SaaS Adoption is Skyrocketing, Resilience Hasn't Kept Pace SaaS platforms have revolutionized how businesses operate. They simplify collaboration, accelerate deployment, and reduce the overhead of managing infrastructure. But with their rise comes a subtle, dangerous assumption: that the convenience of SaaS extends to resilience. It doesn't. These platforms weren't built with full-scale data protection in mind . Most follow a shared responsibility model — wherein the provider ensures uptime and application security, but the data inside is your responsibility. In a world of hybrid architectures, global teams, and relentless cyber threats, that responsibility is harder than ever to manage. Modern organizations are being stretched across: Hybrid and multi-cloud environments with decentralized data sprawl Complex integration layers between IaaS, SaaS, and legacy systems Expanding regulatory pressure with steeper penalties for noncompliance Escalating ransomware threats and inside...