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 …

Ransomware May Threaten the Future of Bitcoin

admin Hacking, Ransomware, Ransomware, Security 0 Comments

Bitcoin has jumped in price again. Following a near two-week excursion down south, bitcoin has hit a detour and is now hovering at $581 as of press time. That’s a near $10 rise since our previous price piece. However, the price is still down overall. Although many factors may be contributing to bitcoin’s slight slump, many seem to believe that ransomware poses a particularly nasty threat to the currency’s future.   Bitcoin-Related Ransomware on the Rise In one of our more recent articles, bitcoin’s competition with the U.S. dollar was presented as a potential reason behind the coin’s continual stoop. A recent analyst says that bitcoin is now holding its ground, and is “poised for more gains” in the coming weeks. The source states: “Bitcoin price earlier this past week traded a few points lower against the US Dollar. Later, it started trading in a range. While trading in a range, there was a crucial contracting triangle pattern formed on the 4-hours chart of BTC/USD. Once the range pattern completed, there was an upside move. The BTC bulls managed to break the highlighted contracting triangle pattern and took the price higher. The recent upside move looks convincing due to two reasons. …

4 Nasty Programs that Will Hijack Your Files for Bitcoins

admin Ransomware 2 Comments

In the past year Bitcoin started to act as the preferred form of currency to a new type of malicious software. It’s called Ransomware in general and it takes your computer files as hostage until you pay the hacker who created it his ransom. And it’s evolving, fast… The first and most notorious form of ransomware requesting Bitcoin was called “CryptoLocker”. It sneaks up to your computer through innocent looking SPAM emails like this one. Attached to the email was a ZIP archive containing a small executable  file (a program that runs on a Windows computer, usually ends with “.exe”). To make things even harder to detect the “.exe” file was using a document extension (i.e. “.pdf”) in the filename and displaying an Adobe Reader icon. If you chose to open the malicious file, it would download and execute Gameover ZeuS, which in turn downloads and installs other malware families including CryptoLocker. CryptoLocker will then go ahead and encrypt your computer files so you won’t have access to them without a specific private key (just like the one used in a Bitcoin wallet).  Of course in order to get the private key, you’ll need to pay. This is what you’ll see on …