SEC Charges BitConnect on $2 Billion Fraud Scheme

SEC Charges BitConnect on $2 Billion Fraud Scheme

Blockchain & Cryptocurrency , Cryptocurrency Fraud , Fraud Management & Cybercrime Experts Warn of Continued Scrutiny in Cryptocurrency Markets Dan Gunderman (dangun127) • September 3, 2021     The U.S. Securities and Exchange Commission this week announced civil action against defunct cryptocurrency lending platform BitConnect; its founder, Satish Kumbhani; and its top U.S. promoter, Glenn…

Atlassian Confluence Critical Bug Exploited By Cybercriminals

Atlassian Confluence Critical Bug Exploited By Cybercriminals

Following the public release of a Proof-of-Concept (PoC) exploit for a recently disclosed Atlassian Confluence Remote Code Execution (RCE) bug, cybercriminals are actively searching for and abusing it to install cryptocurrency mining malware. CVE-2021-26084 Flaw Damage According to the Atlassian security advisory, this vulnerability impacts Confluence Server and Data Center versions before version 6.13.23, from…

Ban VPN services in India

Ban VPN services in India

Terming Virtual Private Network (VPN) services as a threat to counter cyber threats and other nefarious activities, the Parliamentary Standing Committee on Home Affairs reportedly wants the Indian government to ban VPN services in the country. As per a report by MediaNama, the committee explained that the reason why VPN services should be banned in…

LockFile Ransomware Using New Techniques to Evade Detection

LockFile Ransomware Using New Techniques to Evade Detection

Fraud Management & Cybercrime , Next-Generation Technologies & Secure Development , Ransomware Sophos: Methods Include ‘Intermittent Encryption’ Rashmi Ramesh • September 2, 2021     Visual comparison of the same text document encrypted by DarkSide and LockFile (Source: Sophos) The operators of LockFile ransomware have adopted new techniques, including “intermittent encryption,” to help evade detection,…