Weekly Cyber Risk Roundup: Cryptocurrency Wallets Emptied and a Dozen Power Plants Breached

Cryptocurrency theft was among the week’s top trending cybercrime practices due to users at both South Korean cryptocurrency exchange Bithumb and Classic Ether Wallet reporting that their digital currency wallets were emptied due to cyber-attacks. Bithumb reported that one of its employees personal computers had been hacked in February 2017 and that the personal details… Read More

New Cryptocurrencies Gain Traction, Spark Concern For Law Enforcement

Last month a new ransomware emerged known as “Kirk Ransomware.” The malware was interesting not just because of the Star Trek-themed imagery of James Kirk and Spock that it used, but also because it may be the first ransomware to demand payment via the cryptocurrency Monero. There are literally hundreds of different types of existing… Read More

AlphaBay to Begin Accepting Ethereum as the Bitcoin Alternative Grows More Popular

Beginning next month, malicious actors using the dark web marketplace AlphaBay will be able to buy and sell their goods using the growing cryptocurrency platform Ethereum. Ethereum will become the third payment option available on the market, joining the longstanding cryptocurrency king bitcoin as well as the privacy-focused Monero, which was adopted by AlphaBay last… Read More