Criminals Can Unravel Visa Security Codes With Ease, Study Shows

Criminals Can Unravel Visa Security Codes With Ease, Study Shows

admin Credit Card Companies, Cyber Crime & Cyber Terrorism, Dark Web Film, Security, Visa 0 Comments

Many Bitcoin users have compared the digital currency to settlement networks like Visa. However, one important technical aspect which separates Bitcoin from the rest is security. In early November, Tesco Bank suspended all user transactions after 20,000 clients lost an estimated $700 per account. A study published in the academic journal IEEE Security & Privacy, led by Newcastle University’s Mohammed Ali, revealed that an attack called “Distributed Guessing Attack” could have been used in the breach of Tesco Bank accounts. Essentially, the Distributed Guessing Attack (DGA) is a method which allows hackers and criminals to gain access to Visa credit card numbers as well as their security codes within six seconds by a process of elimination. Ali, the author of the study, stated that the process of elimination with credit card networks like Visa is made possible as they permit an unlimited number of guesses for each card data field. Ali says: “The unlimited guesses, when combined with the variations in the payment data fields make it frighteningly easy for attackers to generate all the card details one field at a time.” “Each generated card field can be used in succession to generate the next field and so on. If …

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San Francisco Subway Is Free To Use After Ransomware Attack, Hackers Sought Bitcoins

admin bitcoin scams, Cyber Crime & Cyber Terrorism, Hacking, Ransomware, Ransomware 0 Comments

The holiday season is a time for shopping for gifts, spending time with family and for some, hacking into the San Francisco subway system. In fact, many, many computer systems in San Francisco were hacked this past weekend. So many, in fact, that the entire subway system has been left free to use until the computer problem is resolved. The answer will come in the form of Bitcoin, as this is what the culprits have demanded in return for putting the computer system back online. Over 2000 local computer systems affected A strain of a computer malware, known as HDDCryptor, hit 2,112 computers within the San Francisco Municipal Transportation Agency, according to correspondence with the ransomware’s masters. This has affected the railway system starting on Friday evening, continuing throughout Saturday, and as of Sunday night, there has been no news of a resolution. CBS affiliate KPIX in San Francisco, says sources inside of the city’s transit agency told them on Saturday that the system was hacked days ago. Payment kiosks are out of service and cards can not be purchased. “There’s no impact to the transit service, but we have opened the fare gates as a precaution to minimize customer …

How the Dark Web Works

admin Cyber Crime & Cyber Terrorism, Cyberwar and the Future of Cybersecurity, Dark Web Film, Featured, Guides, Hacking, Ransomware, Ross Ulbricht, Security, Security Breaches, Silk Road, The Deep Web & Dark Net, Tor 0 Comments

Beneath our everyday internet lurks a murky network of encrypted sites known as the Dark Web. Is it all bad? No. But it does fuel a lucrative criminal subculture that could threaten businesses and consumers. The Dark Web is an ominous network of shadowy hackers hellbent on stealing company data, overthrowing the country, and selling drugs to your kids with Bitcoin. Or is it? The hidden and encrypted internet enables hackers and activists and criminals. It’s also a wonderful source for shocking headlines and salacious YouTube stories, and a communication and privacy-enhancing platform. Powered by a network of encrypted websites and accessible only by using a complex set of security tools, the Dark Web is as intriguing as it is beguiling. To understand the realities of the hidden internet, better grab a flashlight. The Dark Web and the deep web are terms often confused and used interchangeably. The deep web is a term that refers to sites and pages unavailable to the general public and not indexed by traditional search engines, like corporate intranet sites, private social media posts, and pages with nofollow search tags. Above the deep web hovers the clearnet, the traditional internet and mobile web used by …

How To Access Dark Web In 15 Minutes (Super Easy Guide)

admin Cyber Crime & Cyber Terrorism, Dark Web Film, Infographics, Security, Silk Road, The Deep Web & Dark Net, Tor 0 Comments

Are you trying to find out how to access the dark web? Well, look no further, we have gone and done the research so we could show you step by step the best and safest way how to access the deep web. We cover everything, from setting up Tor, how to choose a VPN, what not to do, finding the best sites to access, and extra steps to remain anonymous. It is extremely easy to access the dark web and even easier to be detected on it if you don’t take precautions. If you are new to the deep web, this guide will help you on your way. According to researchers, only 4% of the internet is visible to the general public. Meaning that the remaining 96% of the internet is made up of “The Deep Web”. Dark Web or Dark Net is a subset of the Deep Web where there are sites that sell drugs, hacking software, counterfeit money and more. We explain this further down the article if you are not up to speed. If you are looking to access hidden marketplace’s or darknet websites (with a .onion domain) then dark web access is done using the TOR network with …

Fool Me Once … Top 5 Bitcoin-Related Scams for 2015

admin Bitcoin 2.0, Bitcoin News, bitcoin scams, CoinGreed, Crypto News, Cyber Crime & Cyber Terrorism 0 Comments

CoinGreed.com is always keen to bring to readers’ attention anything suspicious in crypto-industry and beyond. We’ve been surprised by the sheer audacity of some rogue players still playing a major role in today’s market, so read on for our pick of the very worst. Don’t forget to leave your opinion beneath the article – debate helps pressure bad actors into explaining their actions and showing their true colors. OneCoin CoinTelegraph previously ran an expose about OneCoin, the global ponzi scheme seemingly able to fool everyone from the Economist to the hoards of trolls who took to our comments sectionfollowing publication of the article. Far from dying out, OneCoin continues to spread, despite the comprehensive list of discrepancies – some of which are even shocking in their carelessness – which are freely available for discovery in its own marketing material. Stunts such as calling a paid advertisement in Forbes Bulgaria as a genuine interview and mismatching information about the founders and their qualifications are complimented by bizarre charity spin-off websites and some of the most incomprehensible English usage imaginable. Add to that repeated claims of partnerships in which the “partners” deny any knowledge of OneCoin, and a user agreement seemingly copied …

Multi-Million Dollar ‘Grandmother Scam’ Using Bitcoin Ends in Miami

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A Canadian man who devised an elaborate scheme to defraud elderly U.S. citizens while using monetary transmitters like Western Union and Bitcoin has been caught. Stephan Moskwyn is looking at up to thirty years in federal prison for money laundering and related crimes performed in Southern Florida. Scammed grandparents into thinking relatives were in financial trouble The basic premise was simple: Call the large elderly population in Florida from a Canadian call center and purport to be a grandchild or other relative in need of money, due to a legal issue or accident. The callers would have them send the funds in the form of pre-paid debit cards, or money orders via Western Union, which would later be cashed in foreign markets like Chile and the Dominican Republic. Then “virtual money orders” were converted to Bitcoin by Moskwyn. He had bought pre-paid debit cards in Miami-Dade and Broward counties to execute the scams, which is when he met with witnesses who were working for federal law enforcement, according to documents submitted to the court. Those who were scammed would even go the extra mile to help, sending more funds than requested multiple times, according to federal investigators. U.S. Attorney Wifredo …