Mobile app for hackers released

New Chinese mobile app gives everyone a chance to become a hacker
01 September 2017   1316

Ransomware has been one of the most popular topics in all news all over the world with infamous Wanna-cry and LeackerLocker.  Now you can try what it is like to be a cybercriminal, using a new user-friendly Android App that allows anyone to develop ransomware of your own design in a few minutes.

Trojan development kit is available for downloading at Chinese hacker forum on the Darknet. The whole process of making this malware application doesn’t require any programming or coding skills. All you need for this is a smartphone running on Android OS. After downloading an app, you have to fill out the forms with dozens available customization options. Once you are set, click the «create» button, then the app let you start a chat with the developer of your ransomeware, where you discuss payment in preferable cryptocurrency as it is the safest method of transaction because it is almost impossible to identify the sender.

The created malware uses the can block your phone, change your pin and delete your data. The message on lockscreen displays what has happened to your phone a, what you should do and how much money you should pay to find out the password to unlock the phone.
For now ransoware builder kit supports only Chinese language, so the experts are starting to worry that a new wave of cybercrime may spread across the world with the new Multilanguage version of this app.

But who are those developers? Emily Wilson, director of analysis at Terbium Labs, on a webcast at Techrepublic.com with Dan Patterson, points out that the majority of these malware developers are mostly «bored young teenagers» or «people who don’t want to do their homework» .

How can you protect your smartphone from malware apps? First of all pay attention to the source of an app and avoid downloading from non-official app stores. Don’t forget to install antivirus and be careful with email attachments of any kind. And please surf the web safely.

Bittrex to Go For Maintenance After 1/3 Funds Moved

Users suspects hack, but exchange says "funds are safe"
05 December 2019   114

The Bittrex cryptocurrency exchange has announced scheduled maintenance today, December 5, from 22:00 to 23:00 (GMT). On the eve, a third of its assets were transferred to an unknown wallet.

During maintenance, users will not be able to log into the system or use the APIs. Trading will be suspended.

On December the 4th, populat Twitter account posted that "43,564 #BTC (313,074,134 USD) transferred from Bittrex to unknown wallet." Users suspected that the exchange was hacked, but the exchange . 

Closures for scheduled maintenance only heightened suspicion. However, the Bittrex team assures that "that claim is false."