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Coincheck, a Tokyo-based cryptocurrency exchange, has suffered what appears to be the biggest hack in the history of cryptocurrencies, losing $532 million in digital assets (nearly $420 million in NEM tokens and $112 in Ripples ). In 2014, Mt Gox , one of the largest bitcoin exchange at that time, filed for bankruptcy after admitting it had lost $450 million worth of Bitcoins. Apparently, the cryptocurrency markets reacted negatively to the news, which resulted in 5% drop in Bitcoin price early this morning. In a blog post published today, the Tokyo-based cryptocurrency exchange confirmed the cyber heist without explaining how the tokens were stolen, and abruptly froze most of its services, including deposits, withdrawals and trade of almost all cryptocurrencies, except Bitcoin. Coincheck also said the exchange had even stopped deposits into NEM cryptocurrencies, which resulted in 16.5% drop in NEM coin value, as well as other deposit methods including credit cards. Durin...

Are you using Linux or Mac OS? If you think your system is not prone to viruses, then you should read this. Wide-range of cybercriminals are now using a new piece of 'undetectable' spying malware that targets Windows, macOS, Solaris and Linux systems. Just last week we published a detailed article on the report from EFF/Lookout that revealed a new advanced persistent threat (APT) group, called Dark Caracal , engaged in global mobile espionage campaigns. Although the report revealed about the group's successful large-scale hacking operations against mobile phones rather than computers, it also shed light on a new piece of cross-platform malware called CrossRAT (version 0.1), which is believed to be developed by, or for, the Dark Caracal group. CrossRAT is a cross-platform remote access Trojan that can target all four popular desktop operating systems, Windows, Solaris, Linux, and macOS, enabling remote attackers to manipulate the file system, take screenshots, ru...

As many non-tech savvy people think that Bitcoin looks like a Gold coin as illustrated in many stock images, perhaps these robbers also planned to rob a cryptocurrency exchange thinking that way. All jokes apart, we saw one such attempt on Tuesday morning, when three men armed with handguns entered the offices of a Canadian Bitcoin exchange in Ottawa, and restrained four of its employees. The intruders then struck one of the employees in the head with a handgun, asking them to make an outbound transaction from the cryptocurrency exchange. A fifth employee in another cabin, who remained unseen in an office, called the police before any assets could be taken, and the robbers left empty-handed. One of the suspects arrested later Wednesday after arriving police officers saw him run into a ravine north of Colonnade Road and deployed "extensive resources," including K-9 unit officers, to find him, CBC News reports . "Police are looking for two additional suspects,...

The antitrust fine has hit Qualcomm badly. The European Commission has levied a fine of €997 Million, approximately $1.2 Billion, against U.S. chipmaker Qualcomm Inc. for violating antitrust laws in a series of deals with Apple by "abusing its market dominance in LTE baseband chipsets." According to the European Union (EU), Qualcomm paid Apple billions of dollars to make the iPhone-maker exclusively use its 4G chips in all its iPhones and iPads, reducing competition from other competing manufacturers in the LTE baseband chip industry like Intel. The European Commission launched an investigation in 2015, which revealed that Qualcomm abused its market dominance in LTE baseband chipsets and struck a deal with Apple in 2011, which meant the iPhone maker would have to repay Qualcomm if it decided to use a rival's chipsets until the end of 2016, hurting innovation in the chip sector. "This meant that no rival could effectively challenge Qualcomm in this market, ...

A critical remote code execution vulnerability has been reported in Electron —a popular web application framework that powers thousands of widely-used desktop applications including Skype, Signal, Wordpress and Slack—that allows for remote code execution. Electron is an open-source framework that is based on Node.js and Chromium Engine and allows app developers to build cross-platform native desktop applications for Windows, macOS and Linux, without knowledge of programming languages used for each platform. The vulnerability, assigned as the number CVE-2018-1000006, affects only those apps that run on Microsoft Windows and register themselves as the default handler for a protocol like myapp://. "Such apps can be affected regardless of how the protocol is registered, e.g. using native code, the Windows registry, or Electron's app.setAsDefaultProtocolClient API," Electron says in an advisory published Monday. The Electron team has also confirmed that applications...

The year 2017 saw some of the biggest cybersecurity incidents—from high profile data breaches in Equifax and Uber impacting millions of users to thousands of businesses and millions of customers being affected by the global ransomware threats like WannaCry and NotPetya . The year ended, but it did not take away the airwaves of cybersecurity incidents, threats, data breaches, and hacks. The scope and pace of such cybersecurity threats would rise with every passing year, and with this rise, more certified cybersecurity experts and professionals would be needed by every corporate and organisation to prevent themselves from hackers and cyber thieves. That's why jobs in the cybersecurity field have gone up 80 percent over the past three years than any other IT-related job. So, this is the right time for you to consider a new career as a cybersecurity professional. But before getting started, you need to gain some valuable cyber security certifications that not only boost yo...