Chinese Central Bank Mail Hacked for Fake Mailing

Hackers used the email box under the government domain to spread panic on the market
08 February 2018   127

The US media reported that the Hong Kong Monetary Authority (HKMA) and the People's Bank of China (PBOC) allegedly intend to jointly take decisive action against "all aspects and services associated with bitcoin trade in the territory of mainland China and Hong Kong."

The e-mail states that PBOC and HKMA will announce the introduction of new measures to counter money laundering in Beijing on February 14 as part of a policy to combat "all services associated with virtual currencies and the activities of individuals and legal entities, including market makers, mining operators, trading platforms and wallets. "

Representatives of regulators in Beijing and Hong Kong reported that the holding of such an event in their plans is not included. About this writes South China Morning Post.

The letter that was at the disposal of the publication was sent from the address "@ pbc.gov.cn". Due to this fact, people believed it. The owner of the box was an employee of one of the offices of the Central Bank of China. He said that he had no idea about the letters sent from his mailbox, which, he said, was hacked.

Analysts suggest that the box was hacked in order to exert negative pressure on the market by cryptocurrency hackers who could take short positions in bitcoin and thus expected to earn.

I’m not sure it always works, but especially when they can make use of mistranslations and ambiguities, I’m sure they can spread a bit of panic. The ruse is effective especially in an immature market with a very low barrier to entry, and where there are many day traders who might be manipulated that way.
 

Leonhard Weese

President, Hong Kong bitcoin association. 

At the beginning of the week, the Chinese government edition really announced the introduction of new restrictions for crypto-currency traders.

Tesla's cloud account hacked to mine cryptocurrency

Independent security group discovered Tesla's cloud account being hacked and infected with a miner-virus
21 February 2018   23

Cryptocurrencies are on the rise and all sorts of shady characters are trying to get in with dubious methods. Recent string of hacking attacks is a perfect example. And now not only exchanges and users with their hard-earned coins are in danger, but also companies with large cloud infrastructure face the same threat.

RedLock, a security research firm, reports that electric car manufacturer Tesla's cloud account information has been leaked to the internet, which allowed hackers to access the company's cloud. It has been hacked and hardware infected with a miner virus called Stratum. The mining protocol masks itself with low CPU usage and obscuring the IP of the mining server.

Of course, RedLock immediately contacted Tesla with this information and the company quickly got to fixing the breach. Tesla's spokesperson assured us that customer personal information hasn't been compromised, and that the vulnerability was patched in a matter of hours. Only small test park of internally-used engineering sample cars has been impacted and no indication whatsoever discovered that actual customer cars have been compromised in any way.

It certanly looks possible, because according to the same RedLock Cloud Security Intelligence group mining profitability of Tesla's cloud is worth a lot more that all the customer data available could be sold for on the black market. This also isn't the first instance of such a hack with no data being stolen. In fact, hacks with intention of hijacking mining capacity has already targeted Gemalto, a world's largest SIM-card manufacturer, and Aviva, a British insurance company, just to name a few.