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QuadrigaCX, the largest bitcoin exchange in Canada, has claimed to have lost CAD 190 million (nearly USD 145 million) worth of cryptocurrency after the exchange lost access to its cold (offline) storage wallets. Reason? Unfortunately, the only person with access to the company's offline wallet, founder of the cryptocurrency exchange, is dead. Following the sudden death of Gerry Cotten , founder and chief executive officer QuadrigaCX, the Canadian exchange this week filed for legal protection from creditors in the Nova Scotia Supreme Court until it locates and secures access to the lost funds. In a sworn affidavit filed by Cotten's widow Jennifer Robertson and obtained by Coindesk , Robertson said QuadrigaCX owes its customers some CAD 260 million (USD 198 Million) in both cryptocurrencies, including Bitcoin, Bitcoin Cash, Litecoin, and Ethereum, as well as fiat money. However, Robertson said the cryptocurrency exchange only has smaller amount in a 'hot wallet' (U...

Just because an app is available on Google Play Store doesn't mean that it is a legitimate app. Despite so many efforts by Google, some fake and malicious apps do sneak in and land millions of unaware users on the hunting ground of scammers and hackers. Cybersecurity firm Trend Micro uncovered at least 29 devious photo apps that managed to make its way onto Google Play Store and have been downloaded more than 4 million times before Google removed them from its app store. The mobile apps in question disguised as photo editing and beauty apps purporting to use your mobile phone's camera to take better pictures or beautify the snaps you shoot, but were found including code that performs malicious activities on their users' smartphone. Three of the rogue apps—Pro Camera Beauty, Cartoon Art Photo and Emoji Camera—have been downloaded more than a million times each, with Artistic Effect Filter being installed over 500,000 times and another seven apps in the list over 100...

A 20-year-old college student who stole cryptocurrency worth more than $5 million by hijacking victims' phone numbers has pleaded guilty and accepted a sentence of 10 years in prison. Ortiz was arrested last year on charges of siphoning millions of dollars in cryptocurrency from around 40 victims using a method commonly known as " SIM swapping ," which typically involves fraudulently porting of the same number to a new SIM card belonging to the attacker. In SIM swapping, attackers social engineer a victim's mobile phone provider by making a phony call posing as their target and claiming that their SIM card has been lost and that they would like to request a SIM swap. The attackers attempt to convince the target's telecommunications company that they are the actual owner of the phone number they want to swap by providing required personal information on the target, like their SSNs and addresses, eventually tricking the telecoms to port the target's pho...

Many of you might have this question in your mind: "Is it illegal to test a website for vulnerability without permission from the owner?" Or… "Is it illegal to disclose a vulnerability publicly?" Well, the answer is YES, it's illegal most of the times and doing so could backfire even when you have good intentions. Last year, Hungarian police arrested a 20-year-old ethical hacker accused of finding and exploiting serious vulnerabilities in Magyar Telekom, the largest Hungarian telecommunication company, who is now facing up to 8 years in prison. According to local Hungarian media , the defender first discovered a severe vulnerability in Magyar Telekom systems in April 2018 and reported it to the company officials, who later invited him to a meeting. Reportedly, the hacker then traveled to Budapest for the meeting, which didn't go well as he expected, and apparently, the company did not permit him to test its systems further. However, the man conti...

Mac users need to beware of a newly discovered piece of malware that steals their web browser cookies and credentials in an attempt to withdraw funds from their cryptocurrency exchange accounts. Dubbed CookieMiner due to its capability of stealing cookies-related to cryptocurrency exchanges, the malware has specifically been designed to target Mac users and is believed to be based on DarthMiner, another Mac malware that was detected in December last year. Uncovered by Palo Alto Networks' Unit 42 security research team, CookieMiner also covertly installs coin mining software onto the infected Mac machines to secretly mine for additional cryptocurrency by consuming the targeted Mac's system resources. In the case of CookieMiner, the software is apparently geared toward mining "Koto," a lesser-known, privacy-oriented cryptocurrency which is mostly used in Japan. However, the most interesting capabilities of the new Mac malware is to steal: Both Google Chro...

European airplane maker Airbus admitted yesterday a data breach of its "Commercial Aircraft business" information systems that allowed intruders to gain access to some of its employees' personal information. Though the company did not elaborate on the nature of the hack, it claimed that the security breach did not affect its commercial operations. So, there's no impact on aircraft production. Airbus confirmed that the attackers unauthorized accessed some data earlier this month, which the plane manufacturer claimed was "mostly professional contact and IT identification details of some Airbus employees in Europe." "Investigations are ongoing to understand if any specific data was targeted; however we do know some personal data was accessed," Airbus said in its press release published on Wednesday. After detecting the security breach, the plan manufacturer started an investigation to determine the origin of the hack and to understand the f...

The United States Department of Justice (DoJ) announced Wednesday its effort to "map and further disrupt" a botnet tied to North Korea that has infected numerous Microsoft Windows computers across the globe over the last decade. Dubbed Joanap , the botnet is believed to be part of " Hidden Cobra "—an Advanced Persistent Threat (APT) actors' group often known as Lazarus Group and Guardians of Peace and backed by the North Korean government. Hidden Cobra is the same hacking group that has been allegedly associated with the WannaCry ransomware menace in 2016, the SWIFT Banking attack in 2016, as well as Sony Motion Pictures hack in 2014. Dates back to 2009, Joanap is a remote access tool (RAT) that lands on a victim's system with the help an SMB worm called Brambul , which crawls from one computer to another by brute-forcing Windows Server Message Block (SMB) file-sharing services using a list of common passwords. Once there, Brambul downloads Jo...

If you are thinking that Facebook is sitting quietly after being forced to remove its Onavo VPN app from Apple's App Store, then you are mistaken. It turns out that Facebook is paying teenagers around $20 a month to use its VPN app that aggressively monitors their smartphone and web activity and then sends it back to Facebook. The social media giant was previously caught collecting some of this data through Onavo Protect , a Virtual Private Network (VPN) service that it acquired in 2013. However, the company was forced to pull the app from the App Store in August 2018 after Apple found that Facebook was using the VPN service to track its user activity and data across multiple apps, which clearly violates its App Store guidelines on data collection. Onavo Protect became a data collection tool for Facebook helping the company track smartphone users' activities across multiple different apps to learn insights about how Facebook users use third-party apps. Facebook...

Late last year when an unknown group of hackers stole secret access tokens for millions of Facebook accounts by taking advantage of a flaw in its website, the company disclosed the incident and informed its affected users. Similarly, when Twitter was hit by multiple vulnerabilities ( #1 , #2 , #3 ) in the last few months, the social media company disclosed those incidents and informed its affected users. And Guess What? Google is going to shut down its social media network Google+ in April this year after admitting two security flaws in its platform that exposed private data of hundreds of thousands of users to third-party developers. It turns out that Apple also possibly suffered a privacy breach late last year due to a bug in its platform that might have exposed some of your iCloud data to other users, but the company chose to keep the incident secret... maybe because it was not worth to disclose, or perhaps much more complicated. Last week, Turkish security researcher Me...

Have you ever lost your important files, like memories or official documents, accidentally or maliciously? Adding more... when you even do not have any backup for the same. Unfortunate, right? We've all been there. Just last week I formatted my computer and later found that I didn't have any backup for some recently saved important files. It was an absolute nightmare. We have frequently been asked, "All my files have been encrypted or deleted by malware, what should I do now? Is there any way I can recover them without paying a ransom?" Well, whether you lose your files due to a cyber-attack, ransomware, wiper malware, or even accidentally, fortunately, some data recovery software better your chances of recovering your deleted or lost files. There are many data recovery software available in the market that allows you to recover most of your accidentally deleted files as well as data from damaged or formatted hard drives. However, when we talk about an ea...

If you were a buyer of any online DDoS-for-hire service, you might be in trouble. After taking down and arresting the operators of the world's biggest DDoS-for-hire service last year, the authorities are now in hunt for customers who bought the service that helped cyber criminals launch millions of attacks against several banks, government institutions, and gaming industry. Europol has announced that British police are conducting a number of live operations worldwide to track down the users of the infamous Webstresser.org service that the authorities dismantled in April 2018. Launched in 2015, Webstresser let its customers rent the service for about £10 to launch Distributed Denial of Service (DDoS) attacks against their targets with little to no technical knowledge, which resulted in more than 4 million DDoS attacks. According to the Europol announcement published on Monday, the agency gained access to the accounts of over 151,000 registered Webstresser users last yea...

In an international operation involving law enforcement authorities from the U.S. and several European countries, feds have shut down an online underground marketplace and arrested three suspects in Ukraine. Dubbed xDedic, the illegal online marketplace let cybercriminals buy, sell or rent out access to thousands of hacked computers and servers across the world and personally identifiable information of U.S. residents. The underground website had been around for years with its administrators strategically maintaining and concealing the locations of its servers all over the world to facilitate the operation of the underground site. xDedic offered buyers to search for over 176,000 unique compromised servers—which were usually in the form of credentials for compromised Remote Desktop Protocol (RDP) accounts—from around the world by price, operating system, or even their geographic location from where it was stolen. xDedic impacted victims in multiple industries, "including...