Bitcoin Miner NiceHash Reports Hack, More Than $60 Million Worth of Bitcoin Potentially Stolen

Bitcoin Miner NiceHash Reports Hack, More Than $60 Million Worth of Bitcoin Potentially Stolen

“Nearly $64m in bitcoin has been stolen by hackers who broke into Slovenian-based bitcoin mining marketplace NiceHash.” Samuel Gibbs reporting in The Guardian: “NiceHash is a digital currency marketplace that matches people looking to sell processing time on their computers for so called miners to verify bitcoin users’ transactions in exchange for the bitcoin. … The marketplace suspended operations on Thursday while it investigated the breach … The hack was ‘a highly professional attack with sophisticated social engineering’ that resulted in approximately 4,700 bitcoin being stolen, worth about $63.92m at current prices.”

NiceHash, in a statement posted on its website today, said that it had stopped operations for 24 hours and was working to verify how many bitcoins were taken. A press release posted on the website states: “Our payment system was compromised and the contents of the NiceHash Bitcoin wallet have been stolen. We are working to verify the precise number of BTC taken.”

If you are pressed for time …

… this is for you. More and more professionals are choosing to publish critical posts on CircleID from all corners of the Internet industry. If you find it hard to keep up daily, consider subscribing to our weekly digest. We will provide you a convenient summary report once a week sent directly to your inbox. It’s a quick and easy read.

I make a point of reading CircleID. There is no getting around the utility of knowing what thoughtful people are thinking and saying about our industry.

Vinton Cerf, Co-designer of the TCP/IP Protocols & the Architecture of the Internet

Russian Behind Massive LinkedIn, Dropbox Hack Subject of Extradition Fight Between US and Russia

A young Russian alleged to have masterminded a massive hacking of social networks including LinkedIn and Dropbox is now at the center of an extradition struggle between the United States and Russia. more

IBM Launches Quad9, a DNS-based Privacy and Security Service to Protect Users from Malicious Sites

The new DNS service, called Quad9, is aimed at protecting users from accessing malicious websites known to steal personal information, infect users with ransomware and malware, or conduct fraudulent activity. more

Security Researchers are Warning About a New IoT Botnet Storm Brewing

A brand new botnet, dubbed ‘IoTroop’, is discovered evolving and recruiting IoT devices at a far greater pace and with more potential damage than the Mirai botnet of 2016. Researchers at the security firm, Check Point, are warning that “a massive Botnet is forming to create a cyber-storm that could take down the internet. … Our research suggests we are now experiencing the calm before an even more powerful storm. The next cyber hurricane is about to come.” more

New Wave of Ransomware Spreading Rapidly Through Russia, Ukrain and Other Nations

A new wave of ransomware called “BadRabbit” is targeting Russia and Eastern Europe, affecting Russian Interfax news agency and reported flight delays at Ukraine’s Odessa airport. more

Cyberattacks Against Abortion Clinics on the Rise

Over the past few years, cyberattacks and internet harassment have escalated against abortion clinics intended to disrupt services, intimidate providers and patients. more

China to Create National Cyberattack Database

China has revealed plans to create a national data repository for information on cyberattacks and will require telecom firms, internet companies and domain name service providers to report threats to it. more

Equifax Breach Blamed on Open-Source Software Flaw

Equifax has blamed a flaw in the software running its online databases for the massive breach revealed last week that has allowed hackers to steal personal information of as many as 143 million customers. more

Equifax Hacked, Nearly Half of US Population Affected

In an announcement today, credit reporting giant Equifax revealed a cybersecurity incident potentially impacting approximately 143 million U.S. consumers. more

British Security Researcher Credited for Stopping WannaCry Is Charged in a U.S. Cybercrime Case

The 23-year-old British security researcher, Marcus Hutchins, who a few months ago was credited with stopping the WannaCry outbreak by discovering a hidden “kill switch” for the malware, is now reported to have been arrested by the FBI over his alleged involvement in separate malicious software targeting bank accounts. more

Kansas System Hacked, Social Security Numbers of Millions Accessed Spanning 10 States

Hackers breached a Kansas Department of Commerce data system used across multiple states and gained access to more than 5.5 million Social Security Numbers, according to local news sources. more

Afghanistan Enacts Law Targeting Online Crime and Militancy

Afghanistan’s President Ashraf Ghani has signed into law a cybercrime bill this week targeting online crime and militancy by groups such as the Taliban and Islamic State despite concerns it could limit free speech. more

U.S. Critical Infrastructure Will Be Attacked Within 2 Years, According to 2017 Black Hat Survey

According to a 2017 Black Hat Attendee Survey, cyberattacks on U.S. enterprise and critical infrastructure are coming soon, and in most cases defenders are not prepared. more

U.S. Nuclear Power and Other Energy Companies Hacked by Russians According to Government Officials

Russian government hackers are reported to be behind latest cyber-intrusions into the business systems of U.S. nuclear power and other energy companies with efforts to assess networks. more

U.S. Lawmakers Wary of Kaspersky Lab, the Russian Cybersecurity Firm

U.S. Congress is growing increasingly suspicious of the popular Russian anti-virus software provider, Kaspersky Lab. more

Petya Ransomware Spreading Rapidly Worldwide, Effecting Banks, Telecom, Businesses, Power Companies

A large scale ransomware attack today is spreading rapidly worldwide, shutting down computers at corporates, power supplies, and banks across Russia, Ukraine, Spain, France, UK, India, and Europe and demanding $300 in bitcoins. more

Be the first to comment

Leave a Reply

Your email address will not be published.


*