CryptoLocker Crimewave Halted as Global Authorities Disable Network
CryptoLocker, the notorious online malware estimated to have stolen $27m, has been temporarily disabled, according to international law enforcement agencies including the UK National Crime Agency (NCA), the FBI and Europol. First surfacing in late 2013, CrypoLocker's ransom malware hijacked more than 234,000 computers through phishing emails, then offered users the ability to pay to decrypt their device for $300 in USD, EUR or BTC. Symantec researchers report that law enforcement agencies have now effectively disabled key nodes of the GOZeuS network (also known as P2PZeuS and Gameover....
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At 12:14 p.m. (ET), the Twitter account operated by the Terra team announced that the Terra blockchain network had been halted. According to the Terra developers’ tweet, Terra validators needed to apply a patch to further disable delegations. ** This post was updated at 3:00 p.m. (ET) to reflect the fact that the Terra blockchain has resumed block production. Terra Blockchain Halts in Order to Prevent Governance Attacks, Team Says Restart Coming Soon At the time of writing, the Terra blockchain has stopped block production since the mid-afternoon Eastern Standard. The team’s....
The UK's crime agency released an alert today after a flood of spam swept the country promoting bitcoin ransomware scourge CryptoLocker. The National Cyber Crime Unit predicted that emails would hit tens of millions of UK customers, and that they were targeting small to medium-sized businesses in particular. "This spamming event is assessed as a significant risk," it said. Discovered last month, CryptoLocker is distributed by email. It includes a ZIP file attachment that infects a victim's computer, encrypting their files, and them demanding a ransom of 2 bitcoins. That will see people....
Victims of malware, such as bitcoin ransomware Cryptolocker, should just pay off the perpetrators if they want to see their data again, an FBI agent has advised. According to Security Ledger, Acting Special Agent Joseph Bonavolonta, who oversees the bureau's Boston office, told C-level executives at Wednesday's Cyber Security Summit they'd be better off stumping up the ransom. According to an FBI report from June, this sum can be anywhere from $200 to $10,000. Bonavolonta said: "The amount of money made by these criminals is enormous and that's because the overwhelming majority of....
The Filecoin network is recovering as miners upgrade to a new client after a four-hour network outage. Decentralized storage protocol Filecoin (FIL) came to a standstill on Dec. 19 as a bug caused instability on the network. According to a project status report issued by the Filecoin team: “The Filecoin network is halted with most nodes stuck at height 336459 with mismatched state compute error due to indeterminate behavior.”Based on the timeline given in the status update, it took less than four hours for the Filecoin dev team to fix the problem. As part of the solution, miners had to....
Binance CEO Changpeng Zhao (CZ) has warned that his company could “disable Wazirx wallets on a tech level,” advising anyone with funds on the Indian crypto exchange to transfer them to Binance. The warning followed numerous tweets by CZ and Wazirx’s founder regarding whether Binance acquired Wazirx.
Binance’s Warning: Transfer Your Funds
The conflict between global crypto exchange Binance and Indian crypto exchange Wazirx has deepened. Binance CEO Changpeng Zhao (CZ) tweeted Friday, advising anyone with funds on Wazirx to transfer them to Binance. He....