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All posts in Cryptocurrency

S3 Ep37: Quantum crypto, refunding Bitcoins, and Alpaca problems [Podcast]

by Paul Ducklin [03’22”] Will quantum cryptography mean the end of encryption?   [10’30”] How was the FBI able to get bitcoins back in the Colonial Pipeline ransomware case?   [25’00”] What is the ALPACA attack, and does it make your browsing less secure?   [25’00”] Oh! No! of the week. With Kimberly Truong, Doug Aamoth . . . Read more

How could the FBI recover BTC from Colonial’s ransomware payment?

by Paul Ducklin The cybersecurity buzz of the week is the intriguing – and highly unusual – aftermath of the Colonial Pipeline ransomware attack. Colonial runs the largest American supply pipeline for refined petroleum products, capable of shifting about 500 million litres of various fuels, including gasoline (petrol), jet fuel, . . . Read more

Tempted by cryptocoins? Fake trading apps get personal…

by Paul Ducklin Remember how ransomware started? It was all about volume. The CryptoLocker gang, for example, raked in millions of dollars, perhaps even hundreds of millions, by scrambling your files and then extorting you for $300 to unscramble them again. These days, however, the big-money ransomware gangs take a . . . Read more