Malware Campaign Targeting Jaxx Wallet Holders Shut Down

A site spoofing the official Jaxx website was discovered packing several infections for Windows and Mac machines, and has been shut down. A malware campaign targeted Jaxx cryptocurrency wallet holders through a website spoofed to mimic the legitimate Jaxx site, researchers at Flashpoint reported this week. The fraudulent site has since been taken down. Jaxx was created by Ethereum cofounder and Decentral founder Anthony Di Iorio, who built the wallet in 2015 to help people manage digital assets. It has been downloaded more than 1.2 million times on desktop and mobile, the company reported in March. Its latest version, Jaxx Liberty supports more than a dozen cryptocurrencies, including Bitcoin and Ethereum. Earlier this month, Flashpoint...

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The new strategies and tactics of cybercriminals

There has been an average of eight new threat samples per second, and an increasing use of fileless malware attacks leveraging Microsoft PowerShell in the last quarter of 2017, according to the McAfee Labs Threats Report: March 2018. The Q4 spike in Bitcoin value prompted cybercriminals to focus on cryptocurrency hijacking through a variety of methods, including malicious Android apps. “The fourth quarter was defined by rapid cybercriminal adoption of newer tools and schemes—fileless malware, cryptocurrency mining, and steganography. Even tried-and-true tactics, such as ransomware campaigns, were leveraged beyond their usual means to create smoke and mirrors to distract defenders from actual attacks,” said Raj Samani, McAfee...

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Move over ransomware attacks as hackers take to cryptojacking

When it comes to increased cryptojacking activities, India is second in the Asia-Pacific and Japan (APJ) region and ninth globally as hackers create a highly-profitable, new revenue stream with crypto-mining, cyber security giant Symantec said on Wednesday.According to Symantec's "Internet Security Threat Report", detection of coinminers on endpoint computers increased by a whopping 8,500% in 2017."Cryptojacking is a rising threat to cyber and personal security," Tarun Kaura, Director, Enterprise Security Product Management, APJ at Symantec, said in a statement."The massive profit incentive puts people, devices and organizations at risk of unauthorised coinminers siphoning resources from their systems,...

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