Top 6 Countries Targeted Most by Cyber Attackers
The following are the 6 countries, written in descending order, which rank among the most targeted by cybercriminals. Cyber security has become the latest ‘in-word’ around the globe. Putting the verbal fashion aside, organizations and individuals are struggling to protect themselves against online attacks and threats from left, right and center. With the rate of information growing exponentially in value and in volume, cyber risks are increasingly posing serious threat to governments, businesses and economies around the world. Fortunately, experts have found that the growing awareness....
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Questions have been raised as to whether or not blockchain technology is secure enough to prevent cyber criminals from targeting the financial services. As bitcoin continues to gain wide acceptance in a number of countries, establishments, and services, companies are turning to its underlying technology, the blockchain, as a way of verifying transactions electronically with no central ledger. Unfortunately, over the last year, cyber criminals have targeted exchanges and companies by utilizing the blockchain and digital currencies. Cybercriminals were able to attack the DAO, draining over....
Cyber criminals attacking businesses for bitcoin has spread from the West to the Far East, as new attacks are being reported by some of the world's top Asian banks. The Bank of China and the Bank of East Asia have been attacked in recent days by hackers looking for Bitcoin ransom, according to Hong Kong's The Standard news feed. These hackers have damaged the bank's websites, and they are believed to not be domestic but foreign criminals. Cyber Criminals Say Attacks Will Continue. The attackers claim to want bitcoin as ransom, and will resume the digital damage unless they get what they....
Small blockchains/coins are being targeted by a novel 51% attack that is holding these fledgling cryptos infrastructures hostage. Extorting Blockchains via 51% Attack. The attackers, calling themselves the “51 crew” are overpowering small blockchains with more hashing power and by DDoSing other nodes. It seems as though the attackers are specifically targeting Ethereum-based blockchains as the cryptocurrencies, Krypton (KR) and Shift, both Ethereum type coins, were threatened with a hack if they didn’t pay a ransom to the attackers. Before these cryptos were hacked, the group of attackers....
98.55% of victims targeted by TorrentLocker do not pay the virus' bitcoin ransom, according to a new report. TorrentLocker (aka Win32 or Filecoder. DI) is a strain of bitcoin ransomware that works by encrypting users' files. Victims are requested to pay up to 4 BTC to decrypt their documents, though this figure can vary. The report, authored by Marc-Etienne M Léveillé for security firm ESET, found that only 570 out of 39,760 infected systems were given access to decryption software upon paying the full ransom. "In other words 1.44% of all infected users we have identified have paid the....
It is not the first time UK hospitals are targeted by cyber criminals. Four different UK hospitals have been hit by a large-scale malware attack. Several thousands of files across these London hospitals are threatened by this malicious software. Barts, the largest NHS trust in England, is working on addressing the situation. Interestingly enough, it does not appear ransomware is used for this attack Moreover, there is no Bitcoin demand by the cyber criminals either. The attack against Barts health trust is rather disconcerting, as it is a major cyber attack against the UK hospital sector.....