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‘Dumb’ MacOS Malware Attacks Slack, Discord Users Discussing Crypto

‘dumb’ macos malware attacks slack, discord users discussing crypto

‘Dumb’ MacOS Malware Attacks Slack, Discord Users Discussing Crypto

‘dumb’ macos malware attacks slack, discord users discussing crypto

Security researchers have discovered MacOS malware attacks targeting Slack and Discord users talking about cryptocurrencies, SC Media UK reports July 2.

Remco Verhoef, founder of network security firm DutchSec, posted about the malware on June 30th in a blog post for the information security and cybersecurity training Sans Institute.

According to Verhoef, the attacks impersonate administrators or “key people” in crypto-related chats, and then share “small snippets” that are downloaded and execute a malicious binary. SC Media UK notes that the malware can steal user passwords and store them on the local machine as well, which Verhoef identifies as German provider CrownCloud’s apparently Netherland-based server.

Patrick Wardle of Digital Security posted on Objective-See on June 29 about the Mac-targeted malware attacks, writing that “apparently attackers are asking users to infect themselves” with a “rather massive machO binary.”

Wardle concludes his blog post by naming the malware “OSX.Dummy” for a variety of reasons that he lists in bullet points:

  • “the infection method is dumb
  • the massive size of the binary is dumb
  • the persistence mechanism is lame (and thus also dumb)
  • the capabilities are rather limited (and thus rather dumb)
  • it's trivial to detect at every step (that dumb)
  • …and finally, the malware saves the user's password to dumpdummy”

According to threat intelligence analyst at Unit 42, Palo Alto Networks, Alex Hinchliffe, attacks like this will “improve over time,” and multi-factor authentication should be used for joining an organization’s chat room.

Earlier today, reports broke of a new attack on Bitcoin (BTC) users — monitoring 2.3 million targets — which consists of gaining control of Windows clipboards to swap out a user’s BTC address for that of the attacker. And last week, a cybersecurity report from McAfee Labs stated that cryptojacking instances have risen 629 percent in the first quarter of 2018.

Published at Mon, 02 Jul 2018 18:52:00 +0000

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Bitcoin Price Technical Analysis for 11/24/2017 – Resistance Turned Support Close By

bitcoin Price Key Highlights

bitcoin price is pulling back from its strong rally and could be due for a test of the former resistance around $7500.

Technical Indicators Signals

The 100 SMA is above the longer-term 200 SMA on this time frame so the path of least resistance is to the upside. This means that the uptrend is more likely to resume than to reverse.

Applying the Fibonacci retracement tools on the latest rally shows that the 38.2% level lines up with the 100 SMA dynamic support. The 200 SMA is closer to the 50% Fib, adding to its strength as a potential floor as well. The line in the sand for a correction might be the 61.8% Fib at $6600.

Stochastic is on the move down to confirm that selling pressure is in play. RSI is also heading south, so the correction could go on for a while. However, both oscillators are also nearing oversold levels to reflect exhaustion among bears and a likely return in bullish pressure.

Market Factors

Traders continue to lighten up on their bitcoin holdings over the Thanksgiving holidays for fear of a news update triggering a larger than usual reaction on lower market liquidity.

However, the dollar remains on weak footing, thereby limiting bitcoin price losses. Trader are adjusting positions to reflect the more cautious Fed outlook on inflation, with policymakers worrying that it would take longer to hit the 2% target than initially anticipated.

As for bitcoin price itself, any announcement on CME bitcoin futures could be bullish, especially if the group confirms its launch date for the year. For now, it is still pending regulation and any major roadblocks could lead to larger dips.

The post Bitcoin Price Technical Analysis for 11/24/2017 – Resistance Turned Support Close By appeared first on NEWSBTC.