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Category — anonymous cryptocurrency
Coinbase Employee Falls for SMS Scam in Cyber Attack, Limited Data Exposed

Coinbase Employee Falls for SMS Scam in Cyber Attack, Limited Data Exposed

Feb 21, 2023 Social Engineering / Cryptocurrency
Popular cryptocurrency exchange platform Coinbase disclosed that it experienced a cybersecurity attack that targeted its employees. The company  said  its "cyber controls prevented the attacker from gaining direct system access and prevented any loss of funds or compromise of customer information." The incident, which took place on February 5, 2023, resulted in the exposure of a "limited amount of data" from its directory, including employee names, e-mail addresses, and some phone numbers. As part of the attack, several employees were targeted in an SMS phishing campaign urging them to sign in to their company accounts to read an important message. One employee is said to have fallen for the scam, who entered their username and password in a fake login page set up by the threat actors to harvest the credentials. "After 'logging in,' the employee is prompted to disregard the message and thanked for complying," the company said. "What hap...
A Typo in Zerocoin's Source Code helped Hackers Steal ZCoins worth $585,000

A Typo in Zerocoin's Source Code helped Hackers Steal ZCoins worth $585,000

Feb 18, 2017
Are you a programmer? If yes, then you would know the actual pain of... "forgetting a semicolon," the hide and seek champion since 1958. Typos annoy everyone. Remember how a hacker's typo stopped the biggest bank heist in the history, saved $1 billion of Bangladesh bank from getting stolen. But this time a typo in the Zerocoin source code costs the company more than $585,000 in losses. Zerocoin cryptocurrency protocol is designed to add true cryptographic anonymity to Zcoin transactions that take full advantage of "Zero-Knowledge proofs" to ensure the complete financial privacy of users. Zcoin announced Friday that " a typographical error on a single additional character " in the Zerocoin source code helped an attacker to steal 370,000 Zerocoin, which is over $585,000 at today's price. "We estimate the attacker has created about 370,000 Zcoins which has been almost completely sold except for about 20,000+ Zcoin and absorbed on...
Product Walkthrough: A Look Inside Wing Security's Layered SaaS Identity Defense

Product Walkthrough: A Look Inside Wing Security's Layered SaaS Identity Defense

Apr 16, 2025SaaS Security / Identity Management
Intro: Why hack in when you can log in? SaaS applications are the backbone of modern organizations, powering productivity and operational efficiency. But every new app introduces critical security risks through app integrations and multiple users, creating easy access points for threat actors. As a result, SaaS breaches have increased, and according to a May 2024 XM Cyber report, identity and credential misconfigurations caused 80% of security exposures. Subtle signs of a compromise get lost in the noise, and then multi-stage attacks unfold undetected due to siloed solutions. Think of an account takeover in Entra ID, then privilege escalation in GitHub, along with data exfiltration from Slack. Each seems unrelated when viewed in isolation, but in a connected timeline of events, it's a dangerous breach. Wing Security's SaaS platform is a multi-layered solution that combines posture management with real-time identity threat detection and response. This allows organizations to get a ...
Malicious Cryptocurrency Mining tool turns Computers into Zcash Mining Machines

Malicious Cryptocurrency Mining tool turns Computers into Zcash Mining Machines

Dec 13, 2016
Since its launch over a month ago, new virtual currency Zcash (ZEC) has become a significant way for cybercrooks to make money by infecting computers with software mining program. Launched in late October, Zcash (ZEC) is a new cryptocurrency currency that claims to be more anonymous than Bitcoin, as the sender, recipient and value of transactions can be hidden. With this premise, Zcash attracted significant interest from academics, investors, miners, and cyber criminals. Within the first few hours of its launch, 1 ZEC reached $30,000, a relatively high value any cryptocurrency ever had. At the time of writing, 1 ZEC is worth 0.06 BTC or around $49. However, according to a blog post published on Monday by Kaspersky Lab, cyber criminals have already started deploying malware that installs on and infects the computers of unsuspecting users and then uses their resources to mine Zcash for the hacker's profit. You Might have Zcash Mining Malware on Your PC! The actual s...
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Mastering AI Security: Your Essential Guide

websiteWizAI Security / Posture Management
Learn how to secure your AI pipelines and stay ahead of AI-specific risks at every stage with these best practices.
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