News 1 — hack

Citigroup says 'malicious actor' tried to hack credit cards

citigroup credit cards credit cards tied to the Defense Department Defense Department hack

Citigroup says 'malicious actor' tried to hack credit cards

Citigroup says 'malicious actor' tried to hack credit cards tied to the Defense Department   Citigroup said a "malicious actor" attempted to gain access to several Citi credit card accounts tied to the Department of Defense. The bank responded to CNBC's inquiry regarding an attempted credit card hack this past weekend. "Through the monitoring of our systems, we detected an unsuccessful login attempt by a malicious actor; we locked a select number of cardholder accounts and also asked those cardholders to change their passwords as a precaution," Citi spokesman Danielle Romero-Apsilos told CNBC. "There was no impact to Commercial Card...

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BitGrail Denies Responsibility for Hack, But Will Refund Coins “Voluntarily”

BitGrail hack Refund Coins

BitGrail Denies Responsibility for Hack, But Will Refund Coins “Voluntarily”

BitGrail Denies Responsibility for Hack, But Will Refund Coins “Voluntarily” A Telegram group for victims of the recent BitGrail hack has revealed that the exchange does not consider itself to be responsible for the theft or obligated to return the stolen money. However it has prepared a plan to reimburse customers “voluntarily”. BitGrail is an Italian cryptocurrency exchange operated by Francesco “The Bomber” Firano. In February it informed its customers that it had been hacked, and that 17 million units of the cryptocurrency Nano had been stolen. Nano, previously know as RaiBlocks, is a rising cryptocurrency. Its website claims transaction...

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This company can hack every iPhone in the world

hack iphone

This company can hack every iPhone in the world

This company can hack every iPhone in the world US government contractor Cellebrite can now break the encryption on all models of iPhone and all versions of iOS, according to Forbes. It's likely that Cellebrite is using unknown zero-day exploits to gain access to iPhones, which puts us in a position similar to those that caused previous major security incidents: A single company is hoarding exploits, putting us one hack away from the leak of incredibly powerful tools. Israel-based mobile forensics company Cellebrite said they now have the ability to unlock any iPhone, according to a report from Forbes. Sources...

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Bitcoin Exchange Admin Charged for Lying About Hack

Bitcoin Exchange hack

Bitcoin Exchange Admin Charged for Lying About Hack

Bitcoin Exchange Admin Charged for Lying About Hack US authorities have arrested a Texas man who founded two Bitcoin-related platforms that got hacked. Officials charged the on accusations of lying to Securities Exchange Commission (SEC) officials in the subsequent investigation. The accused is Jon "Ukyo" Montroll, a resident of Saginaw, Texas, and founder of WeExchange a Bitcoin wallet and exchange service, and BitFunder, an investment platform that allowed users to purchase and trade virtual shares of business entities that willingly listed their virtual shares on the platform. Legal problems related to 2013 BitFunder/WeExchange hack Montroll's problems go back to the...

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Coincheck's $520M hack lays bare flaws in new breed of exchange

coincheck hack

Coincheck's $520M hack lays bare flaws in new breed of exchange

Coincheck's $520M hack lays bare flaws in new breed of exchange Tokyo-based exchange Coincheck suffered a $526 million theft of virtual currency. TOKYO -- The theft of 58 billion yen ($526 million) in cryptocurrency from Japan's Coincheck last week demonstrated that profit-focused exchange operators have neglected critical infrastructure, including protections for investor assets When Coincheck said early Sunday morning it would refund 80% of the value of the stolen virtual currency out of its own pocket, the news astonished a 29-year-old Tokyoite with an account at the exchange. "It has 46 billion yen in cash?" the office worker wondered. If...

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