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Posts Tagged ‘payment processors’

Now that the price of Bitcoin has skyrocketed, more and more payment processors are hacked by cybercriminals. The latest victim is Denmark-based Bitcoin payment solutions provider BIPS, from which the attackers managed to steal 1,296 BTC. According to the companys representatives, on November 15, cybercri…

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Bitcoin, developed in 2009 and based on the works of Satoshi Nakamoto, is a peer-to-peer (P2P) currency system created in open-source C++ programming code. Its inventor describes it as a purely peer-to-peer version of electronic cash that allows online payments to be sent directly from one party to another without going through a financial institution. […]

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The operators of malicious networks are continuously monetizing their activities by propagating rogue security software that use scare tactics to trick unsuspecting users into installing and purchasing fake antivirus software, aka FAKEAV.Although there has been a decline in the FAKEAV volume as a result of the increasing pressure on payment processors that handle credit card transactions […]

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