Walmart Inc. was at the center of a hoax aimed at manipulating the price of Litecoin. The incident illustrates how fake news and misinformation campaigns on social media are becoming a greater threat to businesses.
Lookout, Inc. announced the discovery of major crypto mining scams using hundreds of Android apps. In total, security researchers at the Lookout Threat Lab identified more than 170 apps that are estimated to have scammed more than 93,000 victims.
A federal indictment charged three North Korean computer programmers with participating in a wide-ranging criminal conspiracy to conduct a series of destructive cyberattacks, to steal and extort more than $1.3 billion of money and cryptocurrency from financial institutions and companies, to create and deploy multiple malicious cryptocurrency applications, and to develop and fraudulently market a blockchain platform.