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AlphaBay Market, one of the largest Dark Web marketplaces for drugs, guns, and other illegal goods, suddenly disappeared overnight without any explanation from its admins, leaving its customers who have paid large sums in panic. AlphaBay , also known as "the new Silk Road," has been shut down since Tuesday night. The site also came in the news at the beginning of this year when a hacker successfully hacked the AlphaBay site and stole over 200,000 private unencrypted messages from several users. Although the website sometimes goes down for maintenance, customers are speculating that the admins have stolen all their Bitcoins for good measure, when heard no words from the site's admins on the downtime. Some users at Reddit and Twitter are claiming that AlphaBay's admins may have shut down the marketplace to withdraw a huge number of bitcoins from the site's accounts. The withdrawal Bitcoin transactions total 1,479.03904709 Bitcoin (roughly $3.8 Million),

Ukrainian National Police has released a video showing officers raiding company of M.E.Doc accounting software makers, whose systems have been linked to outbreak of Petya (NotPetya) ransomware that recently infected computers of several major companies worldwide. On 4th July, masked police officers from Ukrainian anti-cybercrime unit — carrying shotguns and assault rifles — raided the software development firm " Intellect Service, " in the capital city Kyiv and seized their servers, which were reportedly compromised by hackers to spread (ExPetr, PetrWrap, Petya, NotPetya) ransomware. Researchers from ESET security firm have found a very stealthy malicious code in the M.E.Doc software update which was injected by an unknown hacker or group of hackers in mid-April by exploiting a vulnerability. The malicious software upgrade, designed to install a backdoor and give unauthorized remote access to attackers, was then delivered as an update to nearly 1 million computers belonging

Over the past two years, a shocking  51% of organizations surveyed in a leading industry report have been compromised by a cyberattack.  Yes, over half.  And this, in a world where enterprises deploy  an average of 53 different security solutions  to safeguard their digital domain.  Alarming? Absolutely. A recent survey of CISOs and CIOs, commissioned by Pentera and conducted by Global Surveyz Research, offers a quantifiable glimpse into this evolving battlefield, revealing a stark contrast between the growing risks and the tightening budget constraints under which cybersecurity professionals operate. With this report, Pentera has once again taken a magnifying glass to the state of pentesting to release its annual report about today's pentesting practices. Engaging with 450 security executives from North America, LATAM, APAC, and EMEA—all in VP or C-level positions at organizations with over 1,000 employees—the report paints a current picture of modern security validation prac

One of the world's largest Bitcoin and Ether cryptocurrencies exchanges Bithumb has recently been hacked, resulting in loss of more than $1 Million in cryptocurrencies after a number of its user accounts compromised. Bithumb is South Korea's largest cryptocurrency exchange with 20% of global ether trades, and roughly 10% of the global bitcoin trade is exchanged for South Korea's currency, the Won. Bithumb is currently the fourth largest Bitcoin exchange and the biggest Ethereum exchange in the world. Last week, a cyber attack on the cryptocurrency exchange giant resulted in a number of user accounts being compromised, and billions of South Korean Won were stolen from customers accounts. Around 10 Million Won worth of bitcoins were allegedly stolen from a single victim's account, according to the Kyunghyang Shinmun, a major local newspaper. A survey of users who lost cryptocurrencies in the cyber attack reveals " it is estimated that hundreds of mill

Online Privacy has been one of the biggest challenges in today's interconnected world, as the governments across the world have been found censoring the Internet, stealing information and conducting mass surveillance on innocent people. China is one such nation which always wanted to have a tight hold on its citizen and has long been known for its strict Internet censorship laws through the Great Firewall of China. The Great Firewall of China is the nation's Golden Shield project that employs a variety of tricks to censor Internet and block access to various foreign news and social media sites, including Google, Facebook, Twitter, Tumblr, Dropbox, and The Pirate Bay. So, in order to thwart these restrictions and access blocked websites, hundreds of millions of Chinese citizens rely on virtual private networks (VPNs) which route their traffic to servers overseas free of the Great Firewall filters, but this may not be an option soon. For those unfamiliar, Virtual P

Security boffins have discovered a critical vulnerability in a GnuPG cryptographic library that allowed the researchers to completely break RSA-1024 and successfully extract the secret RSA key to decrypt data. Gnu Privacy Guard (GnuPG or GPG) is popular open source encryption software used by many operating systems from Linux and FreeBSD to Windows and macOS X. It's the same software used by the former NSA contractor and whistleblower Edward Snowden to keep his communication secure from law enforcement. The vulnerability, labeled CVE-2017-7526 , resides in the Libgcrypt cryptographic library used by GnuPG, which is prone to local FLUSH+RELOAD side-channel attack. A team of researchers — from Technical University of Eindhoven, the University of Illinois, the University of Pennsylvania, the University of Maryland, and the University of Adelaide — found that the "left-to-right sliding window" method used by the libgcrypt library for carrying out the mathematics o

A teenage student has been charged with running a supplying malware that was used for launching distributed denial of service (DDoS) attacks against websites of some of the world's leading businesses. Jack Chappell , an 18-year-old teenager from Stockport, is accused of helping cyber criminals with his DDoS booter service (DDoS-for-hire service) to flood millions of websites around the world with the massive amount of data and eventually bring them down, making them unavailable to their users. Among the victims that were allegedly attacked by Chappell's malware are the National Crime Agency (NCA), T-Mobile, O2, Virgin Media, the BBC, Amazon, Vodafone, BT, Netflix, and NatWest that had its online banking systems down in a 2015 cyber attack. Chappell is charged following an investigation led by the West Midlands Regional Cyber Crime Unit and assisted by Israeli Police, the Federal Bureau of Investigation (FBI) and Europol's European Cybercrime Centre (EC3). According t