cybercrime

U.S prosecutors charge Chinese hackers for launching a crypto-jacking fraud scheme 

U.S. Department of Justice charged five Chinese citizens for launching malware that led to the crypto-jacking of computers to mine cryptocurrency. However, the indictment did not mention which cryptocurrency the Chinese cybercriminals tried to mine.  According to the release the cybercriminals are said to be fugitives in China with one of them claiming connections to...
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Hackers demand $4 million in Bitcoin after attacking Argentina’s Immigration Agency 

Argentina’s official immigration agency suffered a ransomware attack with hackers demanding $4 million in Bitcoin, according to reports. The immigration agency otherwise known as the Dirección Nacional de Migraciones (DNM) suspended border crossings for four hours until officials revived the systems again from the attack, according to local reports. The cyberattack was first reported by...
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Cryptojacking Code Found in Eleven Open Libraries, Thousands Infected

11 open-source code libraries written in Ruby contained cryptojacking code and were downloaded thousands of times. A Cryptojacking code was found in 11 open-source code libraries written in Ruby, which have been downloaded thousands of times. Industry news outlet Decrypt reported on Aug. 21 that cryptojacking code has been added to 11 open-source Ruby libraries...
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Teen sentenced to 20 months in prison for hacking services in exchange for cryptocurrency

Elliot Gunton, a 19-year old teenager from Mounteney Close in Norwich was sentenced to a 20-month prison sentence on 16th August. Gunton was also asked to pay back  £400,000 for hacking services he offered in exchange for cryptocurrencies. A Norwich Crown Court on Friday sentenced him for his crimes after he pleaded guilty in earlier...
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