News: 1634468471

  ARM Give a man a fire and he's warm for a day, but set fire to him and he's warm for the rest of his life (Terry Pratchett, Jingo)

NFTs not annoying enough? Now they come with wallet-emptying malware

(2021/10/17)


In brief Whether or not non-fungible tokens are a flash in the pan or forever, malware operators have been keen to weaponise the technology.

[1]An investigation was triggered after a number of cryptowallets belonging to customers of the largest NFT exchange OpenSea got mysteriously emptied. Researchers at security shop Check Point found a nasty form of NFT was in circulation, one that came with its own malware package.

People were receiving free NFTs from an unknown benefactor, but when they accepted the gift the attackers got access to their wallet information in OpenSea's storage systems. The code generated a pop-up, that if clicked, allowed wallets to be emptied.

[2]

After disclosing the issue Opensea had a fix sorted within an hour - we wish others took such prompt action - and the platform appears to be secured. But beware of "free" gifts, particularly where money is involved.

Crime doesn't pay? really?

A US Treasury report has said that in the last three years ransomware operators using over 60 different variants have siphoned off $5.3bn in Bitcoin payments.

The Financial Crimes Enforcement Network report

[3]PDF

, first [4]spotted by The Record, said that the ransoms taken in the the first six months of this year amounted to $590m, up from $416m for 2020, and the problem is getting worse, according to ten years of 2,184 Suspicious Activity Reports (SARs) analysed by the agency.

[5]

[6]

"If current trends continue, SARs filed in 2021 are projected to have a higher ransomware-related transaction value than SARs filed in the previous 10 years combined, which would represent a continuing trend of substantial increases in reported year-over-year ransomware activity," the Treasury team warned.

Arming robots with sniper rifles, not worrying at all

US-based Ghost Robotics showed off an unusual new gadget this week at a meeting of the Association of the United States Army - a sniper rifle robot.

The robotics firm already has unarmed robot dogs acting as sentries at Tyndall Air Force Base but mounted a 6.5mm sniper rifle with a range of up to 1,200 meters (3937 feet) with both day and night vision cameras. The manufacturers were at pains to point out that this is not autonomous in any way and a human always controls the trigger, the robot just gets into position to keep its human operator safe.

The robot caused something of a storm, and Ghost Robotics CEO Jiren Parikh [7]attributed this to the emotional connection robot dogs evoke and decades of movies about killer robots.

US warns critical water systems under attack

American online watchdogs at the Cybersecurity and Infrastructure Security Agency has issued a [8]security advisory following a spate of attacks against water and waste management facilities.

Since 2019 CISA said it had recorded five attacks against water systems, mostly ransomware but also aa former employee at Kansas-based water company who tried to tamper with drink water quality using credentials that should have been revoked when they left the biz.

[9]

For ransomware operators such businesses are tempting targets. Since water is such an essential service, it's no-doubt thought that they'd be more likely to pay up rather than cause widespread disruption and panic.

Ukrainian cops cuff botnet suspect

The Security Service of Ukraine [10]announced this week that they had arrested a man accused of running a massive botnet and charging for its use.

The man, a resident of Ivano-Frankivsk region in the west of the country, is said to have been running a botnet made up of over 100,000 infected systems. His opsec wasn't great, he used telegram to tout for customers and, police say, made use of "electronic payment systems banned in Ukraine."

A search of the suspect's premises revealed computer equipment used to operate the botnet, and data stolen from botnet participants. Police say the suspect was also a representative of legitimate Russian payment service Webmoney, which is however under sanctions from the Ukrainian government.

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[1] https://blog.checkpoint.com/2021/10/13/check-point-software-prevents-theft-of-crypto-wallets-on-opensea-the-worlds-largest-nft-marketplace/

[2] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_security/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=2&c=2YWxIuGJ@Jg0MFVrGqH9ScQAAAFE&t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0

[3] https://www.fincen.gov/sites/default/files/2021-10/Financial%20Trend%20Analysis_Ransomware%20508%20FINAL.pdf

[4] https://therecord.media/treasury-said-it-tied-5-2-billion-in-btc-transactions-to-ransomware-payments/

[5] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_security/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44YWxIuGJ@Jg0MFVrGqH9ScQAAAFE&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0

[6] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_security/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=3&c=33YWxIuGJ@Jg0MFVrGqH9ScQAAAFE&t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0

[7] https://www.newscientist.com/article/2293908-us-military-may-get-a-dog-like-robot-armed-with-a-sniper-rifle/

[8] https://us-cert.cisa.gov/ncas/alerts/aa21-287a

[9] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_security/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44YWxIuGJ@Jg0MFVrGqH9ScQAAAFE&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0

[10] https://ssu.gov.ua/novyny/sbu-blokuvala-diialnist-armii-botiv-yaka-poshyriuvala-virusni-prohramy-i-zdiisniuvala-ddos-ta-spamataky

[11] https://whitepapers.theregister.com/



Have siphoned off $5.3bn in Bitcoin payments

Rafael #872397

How much is that in [1]Pogbas ?

Or, for a livelier discussion, can I buy 5.3 million entry-level iPhone 13s with that amount of money?

[1] https://www.theregister.com/Design/page/reg-standards-converter.html

Re: Have siphoned off $5.3bn in Bitcoin payments

Ordinary Donkey

How much is that in Pogbas?

Roughly forty three and a sixth times his 2016 value. Anyone have more up to date figures?

Re: Have siphoned off $5.3bn in Bitcoin payments

Anonymous Coward

10.6bn Pogbas.

Yours Sincerely

Graeme Souness

lglethal

"Plus rifle-toting robot dogs, but makers insist they're really dumb"

Yep, I'd say the Makers are pretty stupid. I'm glad they agree with that assessment...

What took them so NFTing long?

chivo243

See title... I'm reminded of the saying " A fool and his money are soon parted."

Strange memories on this nervous night in Las Vegas. Five years later?
Six? It seems like a lifetime, or at least a Main Era -- the kind of peak that
never comes again. San Fransisco in the middle sixties was a very special time
and place to be a part of. Maybe it meant something. Maybe not, in the long
run... There was madness in any direction, at any hour. If not across the
Bay, then up the Golden Gate or down 101 to Los Altos or La Honda... You could
strike sparks anywhere. There was a fantastic universal sense that whatever we
were doing was right, that we were winning...
And that, I think, was the handle -- that sense of inevitable victory
over the forces of Old and Evil. Not in any mean or military sense; we didn't
need that. Our energy would simply prevail. There was no point in fighting
-- on our side or theirs. We had all the momentum; we were riding the crest
of a high and beautiful wave. So now, less than five years later, you can go
up on a steep hill in Las Vegas and look West, and with the right kind of eyes
you can almost ___see the high-water mark -- that place where the wave
finally broke and rolled back.
-- Hunter S. Thompson