The cryptocurrency threat landscape is always evolving. Thanks to cryptocurrency existing within two distinct worlds, the financial and the technological, any changes within either lead to serious ramifications. There have been vast developments in new attack methodologies and threats, and it is important that both organisations and individuals within the cryptocurrency space are aware of […]
November has been a rollercoaster month for the crypto landscape after we witnessed FTX, one of the largest exchanges collapse, unleashing all hell onto the cryptocurrency community. However, while this has held the focus, amongst this noise there have been some innovative threats to the sector questioning the importance of anonymity, communication and security testing.
Introduction October held some of the most innovative attack vectors to date, with spam attacks attempting to cripple the efficiency of a chain; the exposure of personal information from hundreds of thousands of users, tied in with their transaction history; and a supply-chain style matter arising from issues covered in last month’s report. Fitting the trend,
The third quarter of 2021 saw the disappearance of Televend, which was a significant blow to darknet vendors who had begun using the service to sell their products via instant messaging platforms as opposed to conventional darknet markets. This quarter also provided a better understanding of how certain major darknet forums were enforcing their ransomware
REvil (short for Ransomware Evil) is a revolutionary ransomware operation. Its predecessor, GandCrab, which was retired in early 2019, pioneered the concept of ransomware-as-a-service (RaaS) for “big game hunting” campaigns (where corporate targets are selected according to their annual turnover). REvil’s operators (also known as GoldSouthfield or PinchySpider) continued where GandCrab left off, and thrived.
In the first six months of 2021, many countries were experiencing the worst waves of the COVID-19 pandemic and organisations came under increased strain, both from a business standpoint and a cybercriminal one. Critical infrastructure and enterprises were hit by attacks from disruptive ransomware and the opportunistic exploitation of multiple 0day vulnerabilities by state-sponsored APTs.
2020 was a year of instability around the world, and the darknet was not unaffected. COVID-19 had a large part to play in the turmoil of the cybercriminal underworld, as drug vendors had their supply chains disrupted. Delays in both international and domestic transport led to many vendors temporarily halting their operations. Beyond the pandemic,
The darknet is often characterised as an autonomous entity, detached from the economic and social realities affecting the clearnet. This view is reinforced by the popular but flawed iceberg analogy: where the clearnet is the small tip of the iceberg, and the darknet is the bulk hidden below, dangerous to the boats floating above but
COVID-19 Cybersecurity Update The UK’s fraud and cybercrime reporting site, Actionfraud, has released figures stating that so far 2,057 victims have lost a combined total of over £4.6 million to coronavirus-related scams. Different types of scams have been used to steal money from users, including, courier fraud, online shopping and auction fraud, computer software service