In a sign of the times, a longstanding botnet has changed its behavior, switching its activity to cryptomining while using YouTube as part of its process. Discovered Tuesday by security researchers at ESET spol s.r.o, the shift involves the Statinko Botnet that has been around since 2012 and was previously used as part of a massive adware campaign. Those ...

Global banking conglomerate HSBC Holdings PLC is doubling down on its use of blockchain solutions, saying it intends to shift $20 billion worth of assets onto a new blockchain-based custody platform by March. Reuters reported today that the platform, known as Digital Vault, has been designed to give investors real-time access to records of securities bought on ...

Marking the end of an era, Apple Inc.’s Chief Design Officer Jony Ive has left the company after nearly 30 years. Ive’s intended departure was announced in June as the legendary designer said he would leave to start a new design firm, though one with Apple as its first customer. Apple did not make a formal ...

South Korean cryptocurrency exchange Upbit has been hacked and the equivalent of about $52 million in cryptocurrency stolen. The hack, which involved the theft of 342,000 Ethereum, took place earlier today and involved those behind the hack transferring the ETH from a hot wallet to an unknown external wallet. Lee Seok-woo, the chief executive officer of the ...

Unknown hackers have launched a new campaign that’s actively scanning for vulnerable Docker application container instances to inject cryptomining code. Discovered by cybersecurity firm Bad Packets LLC, the group is actively scanning for vulnerable Docker instances that have application programming interface endpoints exposed to the internet. Although efforts by hackers to find and hijack servers ...

In a quick backflip, Twitter Inc. today paused a plan to delete inactive accounts after concerns were raised about accounts belonging to deceased users. Twitter made the initial announcement yesterday that it would be deleting inactive accounts, those that have not been used in six months or longer, starting Dec. 11 to free up usernames for other users. ...

Smartphone sales contracted slightly in the third quarter, revealing that as some companies such as Apple Inc. continue to lose market share, both Samsung Electronics Co. Ltd. and Huawei Technologies Co. Ltd. managed to increase both sales and market share. That’s according to new figures released today by Gartner. The research firm said 387.4 million smart ...

Cybersecurity firm Kaspersky Lab is alleged to have vulnerabilities in its software that expose its application programming interface to abuse by websites. First documented Monday by cybersecurity researcher Wladimir Palant, the vulnerabilities were found in software including Kaspersky Internet Security 2019. Palant says that he first uncovered the vulnerabilities and security issues in December last year. ...

Spanish cybersecurity startup Bugaroo Offensive Security S.L. today said it has raised $11 million in new funding to help accelerate new product development and expand sales and marketing efforts. The Series A round was led by Ten Eleven Ventures and Seaya Ventures and included Conexo Ventures and Inveready Technology Investment Group. Founded in 2015, Bugaroo offers a deep ...

Cloud storage company Box Inc. beat analysts’ expectations thanks to strong sales growth in its third quarter reported today. In the quarter ended Oct. 31, Box reported record revenue of $177.2 million, up 14% over the same quarter in 2018. While revenue was strong, the company is still losing money. The operating loss for the third ...