Iowa State University Hit by Bitcoin Mining Malware
The Iowa State University has suffered a massive security breach which compromised the security of student data and attempted to mine bitcoin. The University says the compromised servers contained social security numbers of 29,780 students enrolled between 1995 and 2012. However, there is no indication that any of the files were accessed. No financial information was stored in the student records and further investigation led the university to conclude that personal information was not the target. "The servers were hacked by an unknown person or persons seeking to generate enough computing....
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IT specialists at the Iowa State University have reportedly discovered a data breach that has affected five departmental servers located on-campus, we're learning. Specifically, the University's statement on the matter indicates that the servers were attacked by an unknown entity/group to be used for mining bitcoins by harnessing their computing power. According to the University, the servers held 29,780 Social Security numbers belonging to students who attended the University from 1995 through 2012 and took classes in Computer Science (1995-2005), World Languages and Cultures (2004, 2007,....
The IID ordered BlockFi to pay an administrative fine as well as cease and desist “from making any untrue statement of material facts regarding securities.” The Iowa Insurance Division, or IID, a regulator responsible for many securities sales in the state, has fined crypto lending firm BlockFi more than $943,000 after it allegedly offered and sold unregistered securities.In a Tuesday announcement, the state regulator said BlockFi had “offered and sold securities in Iowa that were not registered or permitted for sale in Iowa” in addition to not being registered as a broker-dealer or agent,....
Despite a significant fine from Iowa’s regulator just two weeks earlier, BlockFi has scored itself a license in the state. Just two weeks after being fined by Iowa’s regulators for offering and selling unregistered securities, crypto lending platform BlockFi announced on June 28 thait has received a Money Services License in the state.The Iowan license will allow the crypto lender to receive money and sell payment instruments in the state. BlockFi on Twitter stated it will begin by allowing Iowan residents to trade stablecoins.We're excited to announce that we’ve received our Money....
Cryptocurrency mining malware for PC platforms has been around for a while, but now it has gone mobile, specifically via the Android OS. A team of security researchers from Trend Micro has managed to identify two apps that can use your Android device to mine litecoin and dogecoin. The apps in question are called Songs and Prized, and both are available from the Google Play Store. Songs has between one and five million downloads so far, while Prized has 10,000 to 50,000 downloads. This is not the first case of mining malware targeting new and unusual platforms. Linux recently got what was....
Lookout, a mobile security startup based in San Francisco, has identified a new type of bitcoin mining malware that targets mobile devices. Dubbed 'BadLepricon', the malware represents a more sophisticated type of mining malware attack than previously seen. The malware was designed to be delivered via a wallpaper app. Lookout identified five separate apps that contained BadLepricon, and Google removed the apps soon after being contacted by the mobile security firm. The company announced the discovery in a 24th April blog post, citing the specifics of the malware. CoinDesk spoke with....