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Category — Ethereum wallet
Hackers Stole Over $20 Million in Ethereum from Insecurely Configured Clients

Hackers Stole Over $20 Million in Ethereum from Insecurely Configured Clients

Jun 11, 2018
Security researchers have been warning about cybercriminals who have made over 20 million dollars in just past few months by hijacking insecurely configured Ethereum nodes exposed on the Internet. Qihoo 360 Netlab in March tweeted about a group of cybercriminals who were scanning the Internet for port 8545 to find insecure geth clients running Ethereum nodes and, at that time, stole 3.96234 units of Ethereum cryptocurrency (Ether). However, researchers now noticed that another cybercriminal group have managed to steal a total 38,642 Ether, worth more than $20,500,000 at the time of writing, in past few months by hijacking Ethereum wallets of users who had opened their JSON-RPC port 8545 to the outside world. Geth is one of the most popular clients for running Ethereum node and enabling JSON-RPC interface on it allows users to remotely access the Ethereum blockchain and node functionalities, including the ability to send transactions from any account which has been unlocked b
Hackers Stole $32 Million in Ethereum; 3rd Heist in 20 Days

Hackers Stole $32 Million in Ethereum; 3rd Heist in 20 Days

Jul 20, 2017
An unknown hacker has just stolen nearly $32 million worth of Ethereum – one of the most popular and increasingly valuable cryptocurrencies – from Ethereum wallet accounts linked to at least three companies that seem to have been hacked. This is the third Ethereum cryptocurrency heist that came out two days after an alleged hacker stole $7.4 million worth of Ether from trading platform CoinDash, and two weeks after an unknown attacker hacked into South Korean cryptocurrency exchange Bithumb and stole more than $1 Million in Ether and Bitcoins from user accounts. On Wednesday, Smart contract coding company Parity issued a security alert , warning of a critical vulnerability in Parity's Ethereum Wallet software, which is described as "the fastest and most secure way of interacting with the Ethereum network." Exploiting the vulnerability allowed attackers to compromise at least three accounts and steal nearly 153,000 units of Ether worth just almost US$32 million
Cyber Story Time: The Boy Who Cried "Secure!"

Cyber Story Time: The Boy Who Cried "Secure!"

Nov 21, 2024Threat Detection / Pentesting
As a relatively new security category, many security operators and executives I've met have asked us "What are these Automated Security Validation (ASV) tools?" We've covered that pretty extensively in the past, so today, instead of covering the " What is ASV?" I wanted to address the " Why ASV?" question. In this article, we'll cover some common use cases and misconceptions of how people misuse and misunderstand ASV tools daily (because that's a lot more fun). To kick things off, there's no place to start like the beginning. Automated security validation tools are designed to provide continuous, real-time assessment of an organization's cybersecurity defenses. These tools are continuous and use exploitation to validate defenses like EDR, NDR, and WAFs. They're more in-depth than vulnerability scanners because they use tactics and techniques that you'll see in manual penetration tests. Vulnerability scanners won't relay hashes or combine vulnerabilities to further attacks, whic
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