New cryptocurrency malware hijacks China’s enterprises to mine Monero

A dangerous new wave of cryptocurrency mining malware has struck the internet, and it has already infected thousands of high-value enterprises across Asia. Known as “Beapy,” the malware uses leaked NSA exploits and hacked credentials to spread through exposed networks as quickly as possible. It’s even capable of infecting patched machines. Cybersecurity research firm Symantec, which has been tracking the threat, reports Beapy is a file-based coinminer that uses email as an initial infection vector. “This campaign demonstrates that while crypto-jacking has declined in popularity with cyber criminals since its peak at the start of 2018, it is still a focus…

This story continues at The Next Web

from The Next Web http://bit.ly/2UFNNRo

Comments

TNW Podcast: Boris comes over to co-host; Slack’s Cal Henderson talks European tech

Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s episode, Andrii is joined by Boris Veldhuijzen van Zanten, co-founder, member of the board, and former CEO of TNW. The topics discussed include the jobs created by Dutch startups, giant state funding for energy projects, translations of the word ‘computer’, and a bunch of other things in between. In the interview section, we’re featuring a conversation with Cal Henderson, co-founder and… This story continues at The Next Web from The Next Web https://ift.tt/jUgcNFD

2024’s most important travel tech trends

Guest post by Singapore Tourism Board As the tourism industry continues its post-pandemic recovery in an increasingly uncertain travel market, a question that has dawned upon us is — what’s next? Naturally, many of us are looking towards technology for more opportunities. In 2023, we saw the generative AI boom and further growth of emerging technologies like extended reality (XR) and 5G. While these advances are already shaping the travel sector, there is much more to come as more use cases emerge while the technology further matures. Looking forward into 2024, we can expect teams to do more with less, streamline their… This story continues at The Next Web from The Next Web https://ift.tt/seCScOH

Cryptocurrency startup Tagomi gets BitLicense to operate in New York

Tagomi Trading LLC, a cryptocurrency venture backed by Paradigm and Pantera Capital, has become the 18th firm to receive a coveted BitLicense. The crypto brokerage firm received approval for a virtual currency license and a money transmission license. As a result, Tagomi is now authorized to offer trading for “non-securities virtual currencies“, including Bitcoin, Bitcoin Cash, Ether, and Litecoin. The controversial BitLicense was first established in 2015 in a bid to regulate the rapidly expanding virtual currency market. The piece of legislation is issued by New York State Department of Financial Services (NYSDFS) and was first introduced and designed by Benjamin… This story continues at The Next Web from The Next Web https://ift.tt/2HWbORw

Technology News Era

Search This Blog