Crypto News 

Previously Hacked Gatecoin Exchange Receives Liquidation Order Following Banking Problems

“Gatecoin, a crypto exchange that was hacked in May 2016, has announced on March 13 that it has received a winding up (compulsory liquidation) order from an unspecified court” writes Helen Partz for cointelegraph.com. The company wrote that Gatecoin will have to cease operation with immediate effect, noting that the exchange will assist in the liquidation process in order to distribute assets to the creditors. Another recently hacked crypto exchange, Cryptopia, has since partly relaunched its website, also announcing that it will be using customers’ balances held from the date…

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Senators want to know when they’ve been hacked

“When a company is hacked, you’ll likely get an email warning you that your information might have been stolen” writes Alfred Ng for cnet.com. Bill Nelson announced his personal computers were compromised.The hope is that if this information is regularly disclosed, senators would start taking their cybersecurity more seriously.Tom Cotton, a Republican from Arkansas, the senators ask Senate Sergeant at Arms Michael Stenger to provide an annual report on the number of times Senate computers have been hacked, and incidents where hackers were able to access sensitive Senate data. Source: cnet.com

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Citrix Says Internal Network Hacked

“It said it started a forensic investigation, engaged a cybersecurity company and have taken actions to secure its internal network” reports pymnts.com. Citrix, the networking software company, disclosed late last week that its network was infiltrated.According to Citrix, the company was contacted by the FBI earlier in the week about the incident.In a statement, Citrix said it has taken action to contain the incident. “We commenced a forensic investigation; engaged a leading cybersecurity firm to assist; took actions to secure our internal network; and continue to cooperate with the FBI,”…

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Crypto News 

Japan: Hacked IoT Devices and Cryptocurrency Networks Doubled in 2018

“In Japan, the number of hacked Internet of Things (IoT) devices and cryptocurrency networks nearly doubled in 2018 when compared to the previous year” writes Adrian Zmudzinski for cointelegraph.com. According to the article, if one considers only cryptocurrency networks and IoT devices, the data shows an average of 1,702.8 intrusions per sensor per day in 2018, which is about double the 875.9 reported in 2017.Furthermore, the data also reportedly shows that almost all of the attacks came from overseas.Per the report, the Japanese Police Agency data shows that an average…

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Cryptojacking-Associated Mining Service ‘Coinhive’ Shuts Down

“Controversial cryptocurrency mining service Coinhive will be shutting down its operations on March 8th due to financial inviability, a blog post from the company announced on February 26th” writes Rachel Mcintosh for financemagnates.com. Coinhive’s mining service is a JavaScript-based operation that can be installed into website.In February 2018, Microsoft remove eight Windows 10 applications from its app store following the discovery of XMR-mining code within them. Source: financemagnates.com

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Apple Developer Program Co-opted to Install Pirated iPhone Apps

“When using an iOS device, you can usually only download apps from the App Store” writes Ryan Whitwam for extremetech.com. There’s no telling what’s lurking in these hacked apps.It appears that some clever and unscrupulous folks on the internet have co-opted that technology to provide hacked and pirated apps.Both companies were found to be using enterprise developer certificates to install powerful traffic analysis apps on the phones of volunteer customers. Source: extremetech.com

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Pirates found a way to load paid apps on iPhones for free

“Software pirates have hijacked technology designed by Apple to distribute hacked versions of Spotify, Angry Birds, Pokemon Go, Minecraft and other popular apps on iPhones, Reuters has found” writes unknown author for cnbc.com. Apple has no way of tracking the real-time distribution of these certificates, or the spread of improperly modified apps on its phones, but it can cancel the certificates if it finds misuse.Downloading modified versions violates the terms of service of almost all major apps.Niantic, which makes Pokemon Go, said players who use pirated apps that enable cheating…

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Crypto News 

Bitcoin overview: Bitcoin is hopelessly useless – Bruce Schneier, Harvard University

“In many ways, trusting technology is harder than trusting people” writes Fx Street for forexcrunch.com. If your bitcoin wallet gets hacked, you lose all of your money.The expert emphasized that the safety and presumed trustlessness of the system are illusory. “If your bitcoin exchange gets hacked, you lose all of your money.Meanwhile, the technology researcher and professor of Harvard University Bruce Schneier said that Bitcoin is attractive only to a small group of people who need to move money around without being noticed by the governments. Source: forexcrunch.com

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compromised billion-dollar business service provider Visma in 2018

“Cyber security firms and Western governments have warned about Cloudhopper several times since 2017 but have not disclosed the identities of the companies affected” writes Min Read for reuters.com. LONDON (Reuters) – Hackers working on behalf of Chinese intelligence breached the network of Norwegian software firm Visma to steal secrets from its clients, cyber security researchers said, in what a company executive described as a potentially catastrophic attack.The attack was part of what Western countries said in December is a global hacking campaign by China’s Ministry of State Security to…

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China hacked Norway’s Visma to steal client secrets: investigators

“Cyber security firms and Western governments have warned about Cloudhopper several times since 2017 but have not disclosed the identities of the companies affected” writes Midwest Communications Inc for 95kqds.com. “Because organizations are focused on improving their own cyber security, we are seeing an increase in activity targeting supply chains as actors try to find other ways in,” he said.Paul Chichester, director for operations at Britain’s National Cyber Security Centre, said the Visma case highlighted the dangers organizations increasingly face from cyber attacks on their supply chains.LONDON (Reuters) – Hackers…

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