Several High Profile Twitter Accounts Including Those of Bill Gates and Elon Musk Have Been Hijacked To Tweet Bitcoin Scams

Security researcher Marcus Hutchins reports: A bunch of high profile cryptocurrency Twitter accounts have been hijacked to tweet bitcoin scams. Likely a 3rd party App compromise rather that Twitter itself. People / organizations whose accounts appear to have been hijacked include Elon Musk, Bill Gates, Binance, Apple, Cash app, and Ripple. Cameron Winklevoss, co-founder of cryptocurrency market Gemini, offered an explanation…

US Secret Service Creates New Cyber Fraud Task Force

The U.S. Secret Service announced the creation of the Cyber Fraud Task Force (CFTF) after the merger of its Financial Crimes Task Forces (FCTFs) and Electronic Crimes Task Forces (ECTFs) into a single unified network. Bleeping Computer reports: CFTF’s main goal is to investigate and defend American individuals and businesses from a wide range of cyber-enabled financial crimes, from business email…

A Moment of Clarity Regarding the Raison d’Etre for the App Store

John Gruber, writing at DaringFireball: Feel free to file Google’s release this week of an update to their iPad Gmail app with support for split-screen multitasking under “better late than never,” but this is so late it borders on the absurd. It’s like the difference between showing up fashionably late and showing up a week after the party. Split-screen multitasking was…

A Hacker Gang is Wiping Lenovo NAS Devices and Asking for Ransoms

A hacker group going by the name of ‘Cl0ud SecuritY’ is breaking into old LenovoEMC (formerly Iomega) network-attached storage (NAS) devices, wiping files, and leaving ransom notes behind asking owners to pay between $200 and $275 to get their data back. From a report:
Attacks have been happening for at least a month, according to entries on BitcoinAbuse, a web portal where…

Whatever Happened to the ‘Flash Crash’ Trader?

British stock trader Navinder Sarao was accused of helping cause a $1 trillion stock market crash in 2010. But the rest of his story is now being told in a new book titled Flash Crash: A Trading Savant, a Global Manhunt, and the Most Mysterious Market Crash in History. “I think that he was a gamer and, for him, markets were…

How the coronavirus pandemic is fuelling online trolls and scams

The pandemic has resulted in a surge in anti-Asian hate speech, a proliferation of covid-19 scams, and in the rapid spread of scientific misinformation Source: https://www.newscientist.com/article/2245300-how-the-coronavirus-pandemic-is-fuelling-online-trolls-and-scams/?utm_campaign=RSS%7CNSNS&utm_source=NSNS&utm_medium=RSS&utm_content=home…

Some ‘Reopen’ Domains Could Be Phishing and Malware Campaigns

CNET reports on new research from a threat-intelligence company into the more than 540 domain names registered this month with the word “reopen” in their URL. While hundreds of them are “designed to lend credibility to anti-lockdown protests,” and 98 more were purchased to thwart that effort, there’s still many other domains that “come from suspicious sources or resellers looking to…

Ripple Sues YouTube Over Cryptocurrency Scam Videos

Blockchain firm Ripple sued YouTube on Tuesday, alleging the video-sharing platform failed to protect consumers from cryptocurrency “giveaway” scams that use fake social media profiles to dupe victims into sending money. Reuters reports: The company says scammers on YouTube have been impersonating Ripple and its chief executive, Brad Garlinghouse, to bait viewers into sending them thousands of dollars worth of XRP,…

Cash App Scammers Are Using Coronavirus To Exploit People

An anonymous reader shares a report: Reyna is a teenager in Florida whose family is strapped for cash amid the economic slowdown caused by the coronavirus. When the uber-popular beauty influencer Jeffree Star tweeted that he’d be giving out $30,000 via payment service Cash App to a random person who retweeted him, she did just that. Star’s offer seems to have…