Heard of the hot new cryptocurrency SpriteCoin? No? That's because it's a fictional fairy tale cooked up by cybercrooks as a ruse to infect wannabe investors with a particularly devilish ransomware program.
Initial coin offerings (ICO) are losing about 10 percent of all ICO funds generated to cyberattack due to poor security as malicious actors take advantage of the absence of a centralized authority, blockchain transaction irreversibility and information chaos that presides over this sector.
A new threat actor named Dark Caracal and operating out of a building operated by the Lebanese e General Directorate of General Security (GDGS) has been fingered by Lookout and the Electronic Frontier Foundation (EFF) as being behind cyberattacks hitting thousands of victims in more than 20 nations worldwide.
Three Sonic the Hedgehog games for Android devices that collectively have been downloaded well over a hundred million times are reportedly leaking users' geolocation and device data to uncertified servers, thereby posing a privacy threat.
The agency also has thwarted distributed denial of service (DDoS) attacks as large as 600 Gbps and expects those attacks to grow to a terabyte or more.
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