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Over two months ago, the world's third largest Bitcoin Exchange Bitfinex lost around $72 Million worth of Bitcoins in a major hack. Shortly after the company encountered a $72,000,000 Bitcoin theft, an unnamed Bitfinex user from Cambridge, Massachusetts, filed a police report in September, alleging that $1.3 Million of funds were stolen from his account. Since then the Cambridge police have handed the case over to the FBI, which is working with the Bitcoin exchange as well as European authorities to recover funds stolen from the Bitfinex user, Coindesk reports . The individual claimed that he held $3.4 Million in Bitcoin in his personal wallet hosted by the Bitfinex Bitcoin exchange. But following the August's Bitfinex breach, he was left with $2.1 Million in his account. Bitfinex then notified the individual of his initial loss of approximately $1.3 Million in Bitcoin, but after the company issued IOU tokens as an emergency measure to keep the exchange operating, the l...

While some payment card companies like Mastercard have switched to selfies as an alternative to passwords when verifying IDs for online payments, hackers have already started taking advantage of this new security verification methods. Researchers have discovered a new Android banking Trojan that masquerades primarily as a video plugin, like Adobe Flash Player, pornographic app, or video codec, and asks victims to send a selfie holding their ID card, according to a blog post published by McAfee. The Trojan is the most recent version of Acecard that has been labeled as one of the most dangerous Android banking Trojans known today, according to Kaspersky Lab Anti-malware Research Team. Once successfully installed, the trojan asks users for a number of device's permissions to execute the malicious code and then waits for victims to open apps, specifically those where it would make sense to request payment card information. Acecard Steals your Payment Card and Real ID det...

Are your internet-connected devices spying on you? Perhaps. We already know that the Internet of Thing (IoT) devices are so badly insecure that hackers are adding them to their botnet network for launching Distributed Denial of Service (DDoS) attacks against target services. But, these connected devices are not just limited to conduct DDoS attacks ; they have far more potential to harm you. New research [ PDF ] published by the content delivery network provider Akamai Technologies shows how unknown threat actors are using a 12-year-old vulnerability in OpenSSH to secretly gain control of millions of connected devices. The hackers then turn, what researchers call, these " Internet of Unpatchable Things " into proxies for malicious traffic to attack internet-based targets and 'internet-facing' services, along with the internal networks that host them. Unlike recent attacks via Mirai botnet , the new targeted attack, dubbed SSHowDowN Proxy , specifically ma...

U.S. drones are again in news for killing innocent people. The Air Force is investigating the connection between the failure of its classified network, dubbed SIPRNet, at Creech Air Force Base and a series of high-profile airstrikes that went terribly wrong in September this year. Creech Air Force Base is a secret facility outside Las Vegas, where military and Air Force pilots sitting in dark and air-conditioned rooms, 7100 miles from Syria and Afghanistan, remotely control their " targeted killing " drone campaign in a video-game-style warfare. From this ground zero, Air Force pilots fire missiles just by triggering a joystick on a targeted areas half a world away, as well as operate drones for surveillance and intelligence gathering. Drone operation facility at Creech Air Force Base -- a key base for worldwide drone and targeted killing operations -- has been assigned as ' Special Access Programs ', to access SIPRnet. What is SIPRnet? SIPRNet, or Secret Int...

UPDATE: The site is back and working. Blockchain team released a statement via Twitter, which has been added at the end of this article. If you are fascinated with the idea of digital currency, then you might have heard about BlockChain.Info. It's Down! Yes, Blockchain.info, the world's most popular Bitcoin wallet and Block Explorer service, has been down from last few hours, and it's believed that a possible cyber attack has disrupted the site. The site is down at the time of writing, and the web server reports a bad gateway error, with a message on the website that reads: "Looks like our site is down. We're working on it and should be back up soon." With more than 8 million Digital Wallet customers, BlockChain is users' favorite destination to see recent transactions, stats on mined blocks and bitcoin economy charts. A few hours ago, BlockChain team tweeted about the sudden breakdown of the site, saying: "We're researching a DNS...