Starbucks WiFi caught mining cryptocurrencies and making bank

A Starbucks in Buenos Aires was found to have a modified WiFi network that allowed cryptocurrencies like Bitcoin to be mined on user’s computers without their knowledge. Unsuspecting users would sip their coffee while malicious JavaScript used their computer’s CPU power to make unknown people money. It took Starbucks 10 whole days to remove the sneaky code. Similar scripts were found on sites like Github and pirate video streaming services. READ MORE

Massive Mirai Botnet’s creators busted

Internet Chemotherapy

Interesting. A vigilante Robin Hood hacks the Internet, to save the Internet. I haven’t validated any of this manifesto but it has a ring of truth to it. Some of you smarter than me on this thread please let me know what you think.

Quick abstract: A white hat hacker who goes by the nom de plume of ‘janit0r’, embarked upon a year-long campaign to clean up the Internet by scanning for, identifying, and then disabling devices (routers and IoT devices) that were vulnerable to DDoS attacks at Internet Service Providers across the globe.

There is a bit of technical jargon so for you non-technical folks, just blaze on through, you’ll be able to understand the overall context. Includes a nice chronology of events linked to his campaign. He very clearly makes the point that I’ve been beating the drum about for a decade – companies are not adequately investing in cybersecurity, even when slapped in the face with the truth about their vulnerabilities. Unfortunately, that leads to more and more regulatory compliance which is evil in its own way and comes with its own unintended consequences. We are our own worst enemy.

 

Illegal – yes.

Dangerous – yes.

Moral – depends on your compass (but that’s an entirely different and exciting discussion.)

Watch out! Attackers might be coming for Bitcoin

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As Bitcoin is witnessing great highs within just a year, many advanced threat groups have reportedly switched their activities from banks to bitcoins, trying to figure out ways to hack it. This has increased distributed denial of service attacks against cryptocurrency exchanges which might result in drop of Bitcoin price.

Warnings spread by Bitcoin gold team on Nov 26, exposed that one attack has already been launched for Bitcoin gold.

Think twice before firing your IT specialist

A company’s IT specialist, after getting fired, hacked that company’s servers and caused damage to protected computers. READ MORE

Is bitcoin the new territory for the sale of seized assets?

A multimillion-dollar opioid drug-ring, accused of selling drugs on dark web, is planning to sell seized bitcoin as its value is hitting the roof. Around 30,000 bitcoins were auctioned in 2014, seized from dark-web drug market. It might give rise to another trend of earning money. READ MORE

Is it time to change cryptocurrency monitoring policies?

A hospital technician in NYC is arrested for using bitcoin and other cryptocurrencies, to send money to ISIS, operating in different countries. The detained 27-year-old, used many fake credit cards and loans to collect $85,000 to buy cryptocurrency. READ MORE