British man arrested in connection with Twitter mega-hack that posted cryptocurrency scam from celebrity accounts

Police in Spain have arrested a British man in connection with what many consider the worst hack in Twitter’s history. In July 2020, the Twitter accounts of public figures and well-known organisations were compromised, allowing malicious hackers to post tweets to millions of unsuspecting followers. Compromised accounts included those of then-Presidential candidate Joe Biden, Bill […]

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Security Affairs newsletter Round 322

A new round of the weekly SecurityAffairs newsletter arrived! Every week the best security articles from Security Affairs free for you in your email box. If you want to also receive for free the international press subscribe here. Coop supermarket closes hundreds of stores after Kaseya supply chain ransomware attack Hackers spread backdoor after compromising the […]

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Bitcoin cyber attacks surge following rising demand and increasing price of bitcoin

Phishing impersonations and business email compromise (BEC) attacks designed to steal victims’ bitcoin surged by 192% between October 2020 and May 2021, closely following the rising demand and increasing price of bitcoin over the last eight months, according to analysis by Barracuda Networks. Bitcoin themed cyber attacks have typically been used in extortion and ransomware […]

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Organizations increasingly reluctant to pay ransomware demands

To better understand concerns about recent ransomware attacks, Menlo Security conducted a global poll on responses and reactions to ransomware. attacks. Organizations hit by ransomware should not pay the ransom according to 79 percent of respondents. Although 20 percent of respondents believe that they should pay ransomware demands, respondents also think that tougher penalties should […]

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