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McAfee Labs Sees Cryptocurrency Mining Surge Continue in Second Quarter

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McAfee

London, United Kingdom, September 25, 2018 – McAfee, the device-to-cloud cybersecurity company, today released its McAfee Labs Threats Report: September 2018, examining the growth and trends of new cyber threats in Q2 2018. In the second quarter, McAfee Labs saw the surge in cryptomining malware growth that began in Q4 2017 continue through the first half of 2018. McAfee also saw the continued adaptation of the type of malware vulnerability exploits used in the WannaCry and NotPetya outbreaks of 2017.

Although less common than ransomware, cryptomining malware has quickly emerged as a factor on the threat landscape. After growing around 400,000 in the fourth quarter of 2017, new cryptomining malware samples grew a stunning 629% to more than 2.9 million samples in Q1 2018. This trend continued in Q2 as total samples grew by 86% with more than 2.5 million new samples. McAfee Labs has even identified what appear to be older malware such as ransomware newly retooled with mining capabilities.

McAfee

Cybercrime is a business, and market forces, such as the rise in cryptocurrency values, will continue to shape where adversaries focus their efforts,” said Raj Samani, McAfee Fellow, Chief Scientist at McAfee.Exploiting cryptomining malware is simpler, more straightforward, and less risky than traditional cybercrime activities – causing these schemes to skyrocket in popularity over the last few months. In fact, cryptomining malware has quickly emerged as a major player on the threat landscape.

Organisations need to remain vigilant to these threats, particularly in today’s cloud-first landscape when many companies are seeing a rapid increase in cloud applications and environments to secure. To keep crypto-criminals at bay, businesses must find the right combination of people, process and technology to effectively protect their assets, detect cryptomining threats and, when targeted, rapidly correct systems – across both cloud and on-premises. Removing siloed security teams and making sure that tools and systems can work together is the first step to gaining the upper hand.”

In some cases, cryptomining targets specific groups rather than a broad field of potential victims. One cryptomining malware strain has targeted gamers on a Russian forum by posing as a “mod” claiming to enhance popular games. Gamers were tricked into downloading the malicious software, which proceeded to use their computer resources for profit.

While cryptomining malware primarily targets PCs, other devices have become victims. For instance, Android phones in China and Korea have been exploited by the ADB.Miner malware into producing Monero cryptocurrency for its perpetrators.

“A few years ago, we wouldn’t think of internet routers, video-recording devices, and other Internet of Things devices as platforms for cryptomining because their CPU speeds were too insufficient to support such productivity,” said Christiaan Beek, Lead Scientist and Senior Principal Engineer with McAfee Advanced Threat Research. “Today, the tremendous volume of such devices online and their propensity for weak passwords present a very attractive platform for this activity. If I were a cybercriminal who owns a botnet of 100,000 such IoT devices, it would cost me next to nothing financially to produce enough cryptocurrency to create a new, profitable revenue stream.”

Vulnerability Exploit Malware

A year after the outbreaks of the WannaCry and NotPetya attacks, new malware samples specifically designed to exploit software vulnerabilities increased by 151% in Q2. McAfee saw the exploits from these two high-profile threats repurposed within new malware strains, and newly discovered vulnerability exploits similarly adapted to produce entirely new threats.

“WannaCry and NotPetya provided cybercriminals compelling examples of how malware could use vulnerability exploits to gain a foothold on systems and then quickly propagate across networks,” Beek continued. “It’s still surprising to see numerous vulnerabilities from as far back as 2014 used successfully to spearhead attacks, even when there have been patches available for months and years to deflect exploits. This is a discouraging testament to the fact that users and organisations still must do a better job of patching vulnerabilities when fixes become available.”

Windows 10 Cortana Vulnerabilities

McAfee Labs and the Advanced Threat Research team discovered a vulnerability in the Cortana voice assistant in Microsoft Windows 10. The flaw, for which Microsoft released a patch in June, could have allowed attackers to execute code from the locked screen of a fully patched Windows 10 machine (RS3 and RS4 before the June patch). McAfee addressed three vectors of research that have been combined by Microsoft and together represent CVE-2018-8140. McAfee submitted the vulnerability to Microsoft in April as part of McAfee’s responsible disclosure policy. (more)

Billing-Fraud Apps on Google Play

The McAfee Mobile Research team found a new billing-fraud campaign of at least 15 apps on Google Play. The new campaign demonstrates that cybercriminals keep finding new ways to steal money from victims using apps on official stores such as Google Play. The actors behind this campaign, the AsiaHitGroup Gang, has been active since at least late 2016 with the distribution of the fake-installer applications Sonvpay.A, which attempted to charge at least 20,000 victims from primarily Thailand and Malaysia for the download of copies of popular applications. One year later, in November 2017, the Sonypay.B campaign was discovered on Google Play. Sonvpay.B used IP address geolocation to confirm the country of the victim and added Russian victims to the billing fraud to increase its potential to steal money from unsuspecting users. (more)

Blockchain Security Threats

McAfee Advanced Threat Research identified top security threats to users and implementers of blockchain technologies. The researchers’ analysis found that phishing, malware, and implementation vulnerabilities are the primary attack vectors. (more)

Other Q2 2018 Threat Activity

In Q2 2018, McAfee Labs detected five new threats a second, including new threats showing notable technical developments that improve upon the latest successful technologies and tactics to outmanoeuvre their targets’ defences.

  • Ransomware. The total number of ransomware samples continues to grow, increasing 57% over the past four quarters. Although the appearance of new ransomware families has slowed overall in recent quarters, McAfee also saw established ransomware families spawn new variants. For instance, McAfee saw a dozen new variants of the Scarab ransomware family appear in the Q2 alone. These newcomers account for more than 50% of the total number of known Scarab variants identified since the family’s appearance in mid-2017.
  • Mobile malware. New mobile malware samples increased 27% in Q2; this is the second successive quarter of growth. McAfee customers in South America reported the highest rate of infection, at 14%. Total mobile malware grew 42% in the past four quarters.
  • JavaScript malware. A 204% increase in new samples suggests that hackers appear to have shifted to a new generation of JavaScript malware. After decreasing significantly over the last three quarters, JavaScript malware accounted for more than 7 million new samples, a record high, and up from around 2 million in Q1.
  • LNK malware. While PowerShell has been active among fileless malware developers in recent previous quarters, new samples slowed to 15% growth. But new LNK malware continues to grow, as cybercriminals are increasingly using .lnk shortcuts to surreptitiously deliver malicious PowerShell scripts and other malware. Total samples in the category have increased 489% over the past four quarters.
  • Spam botnets. The Gamut spam botnet outpaced all others in Q2. Most notably, it pushed high volumes of “Canada Revenue Agency” phishing scams. Notable recent campaigns were related to bogus employment offers that are commonly used as a “money mule” recruitment tactic.

For more information on these threat trends and statistics, please visit: McAfee Labs Threats Report: September 2018 (Infographic)

Press Releases

Keep It Regal – Enter the Royal Roulette!

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Royal Roulette

The sound of cards whirring in the hands of live dealers, bells going off at multiple slot machines, bets being whispered in hushed voices, levers being pulled in all corners of the room producing a racketing noise, and doors are constantly spinning as people enter and leave. That’s right: you’ve found your way at one of the most timeless, classic, and iconic casinos in this part of town.

You’ve come at the perfect time. We have an incredible tournament going on!

Welcome to the Royal Roulette! Where the jingling of quarters and clicking of the roulette wheel can be heard all day, all night, throughout the entire month.

Spin the wheel and play the night away at the Royal Roulette

1xBitThe Royal Roulette attracts all betting players – both young and old, high-stake and low-stake, beginners and experts, as they compete against each other for the ultimate prize of 250 mBTC. They travel far through land and sea to put their money where their mouth is and join in on the thrill and good old-fashioned adrenaline rush by indulging in the games at the Royal Roulette. All players are invited to play at the following 1xBit live casino tables:

  • Pragmatic Play Live Casino
  • Vivo Gaming
  • Evolution Gaming

Think you have what it takes? Then hop on over to 1xBit and take part in the Royal Roulette!

Take a guess! Your bet is as good as ours when it comes to the Royal Roulette

1xbit

At 1xBit, it is all about skill and strategy. If you want to win big at the Royal Roulette, then you need to be patient, act like royalty, and observe other players before making your move. Remember that haste is waste! Think carefully before you can wager on the outcome and lay down the odds.

That’s all there is to the Royal Roulette! If you should find yourself lucky enough to play with the best, then a prize worthy of a king awaits you!

The prize distribution is as follows:

  • 1st place – 250 mBTC
  • 2nd place – 100 mBTC
  • 3rd place – 50 mBTC
  • 4th – 6th place – 20 mBTC
  • 7th – 10th place – 10 mBTC

All players are informed that the event starts on 26th February 2021 and goes on until 25th March 2021. You have a whole month to play and fulfill your heart’s desire.

What are you waiting for? Join the Royal Roulette and win like royalty at 1xBit!

Enter the World of Online Gambling – Why Choose 1xBit?

You get to play from 200+ live casino games:

Live Baccarat, Live Blackjack, Live Jackpot, Live Poker, Live Roulette, Live Sic Bo, Live Monopoly, Live Over/Under, Live Deal or no deal, and Live Dice transactions!

Here are the benefits you get to enjoy at 1xBit:    

  • Welcoming bonus. All newcomers can claim a 7 BTC welcome bonus for the first 4 deposits. All the more reason to join!
  • VIP cashback. Didn’t win? No problem! You can still count on the 1xBit casino cashback that can go up till 11%. Sounds exciting, doesn’t it?
  • Multi-currency account. Enjoy a multi-currency account! Whether you have Ethereum (ETH) or Bitcoin Cash, you will appreciate that we support 20+ currencies.
  • Anonymous casino. You do not have to input any private or personal information to get started on 1xBit. Enjoy 100% anonymity as you enjoy your favorite games.
  • Instant payouts. You don’t have to worry about waiting around to have your money on you. Our payouts are instantaneous.

You deserve to be treated like royalty. That is exactly what we offer at 1xBit. Join today!

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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Bitcoin Gambling/Gaming Guide Provides GOSU Bitcoin Casino Reviews

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BTCGOSU

February 15, 2021 – BTCGOSU, an independent guide to Bitcoin Casinos, provides detailed reviews of online casinos and gambling sites. All reviews include valuable, honest information with insights from real players, that are updated regularly.

“Our goal is to enable you to enjoy Bitcoin gaming while remaining confident that you’re dealing with casinos that operate with integrity,” said a spokesperson for the site. Those interested in gambling online with Bitcoin or other cryptocurrencies can find starred ratings, promotions, overviews, and full write-ups that explain how each reviewed online casino works. Insights into variables such as VIP programs, deposits/withdrawals, customer service, and security are analyzed and tested in detail as well.

BTCGOSUBTCGOSU includes the world’s largest third-party Provably Fair Verifier, a technology that enables players to verify bets and ensure they are not manipulated. Reviews specific to Bitcoin casino slots and games such as Dice, Crash, and Plinko are also provided. A section on the latest GOSU Bitcoin game reviews is included on the website, as is a section exploring the advantages of Bitcoin gambling.

In addition, you can also find News, promotions, and guides on the site. This provides visitors the chance to find out the latest happenings with some prominent Bitcoin gambling sites and learn more about popular games such as Poker. BTCGOSU promotes only fair and reliable gambling sites; it is designed to provide unbiased, honest reviews of online Bitcoin casinos.

On top of that, visitors can use the site’s Casino Comparer, Provably Fair Verifier, and take advantage of BTCGOSU’s unique Disputes & Mediation service and Deposit Guarantee. They can also navigate to locate reviews specifically focused on the casinos themselves, bonus types, and games. The BTCGOSU comes from a prominent user of bitcointalk.org, where a complete Announcement Thread (ANN) for this crypto gambling website can be found.

For more information about BTCGOSU, and to read complete reviews written by actual players who contribute to our listings, go to www.btcgosu.com.

Learn more:

Website: https://www.btcgosu.com/

Twitter: https://twitter.com/BTCGOSU

Facebook: https://www.facebook.com/BTCGOSU

Telegram: https://t.me/btcgosu 

Media Contact: admin@btcgosu.com 

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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Press Releases

Investors in Africa Can Now Purchase Stocks from the US Market Using Cryptocurrencies

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Passfolio

Passfolio is a new investment app that’s calling the attention of the market. Through its US registered broker-dealer, Passfolio Securities, the company aims to democratize the access to US investments in countries like Nigeria, by allowing investors to trade 3,800+ US stocks, ETFs, and REITs from the US market with no commission fees*.

PassfolioRecently, Passfolio has been growing in African countries like Nigeria and wants to facilitate access to US investments in the region. David Gobaud, Passfolio’s founder and CEO, says:

“People outside the United States often need hundreds of thousands of dollars to invest in the US stock market – we reduce the minimum to $1 to invest in US stocks of your favorite companies”.

What makes Passfolio different from other brokers? Simply put, the possibility of trading and funding your account with cryptocurrencies, through Passfolio Financial*.

Passfolio makes it possible for users to fund their accounts using cryptocurrencies by first converting them into dollars through Passfolio Financial, then moving the dollar proceeds to their brokerage accounts at Passfolio Securities, where users are then able to buy stocks. This way, investors can deposit Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Zcash and other cryptocurrencies and access the US market.

The full list of cryptocurrencies supported by Passfolio (through Passfolio Financial*) can be found below. You can deposit and trade all of them in the app:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • Bitcoin Cash (BCH)
  • Zcash (ZEC)
  • Filecoin (FIL)
  • 0x (ZRX)
  • Aave (AAVE)
  • Amp (AMP)
  • Basic Attention (BAT)
  • Balancer (BAL)
  • Chainlink (LINK)
  • Compound (COMP)
  • Curve (CRV)
  • Dai (DAI)
  • Decentraland (MANA)
  • Kyber Network (KNC)
  • Maker (MKR)
  • Orchid (OXT)
  • Pax Gold (PAXG)
  • Ren (REN)
  • Storj (STORJ)
  • Synthetix (SNX)
  • Uma (UMA)
  • Uniswap (UNI)
  • Yearn Finance (YFI)

To invest with Passfolio, the first step is to complete your registration. The registration can be done in a few minutes through this link, and you will be asked for some basic information. Then, the account is typically approved in a few hours and you’ll be able to add funds to your account and start investing.

For US stock trades, Passfolio Securities offers commission-free* trading for assets priced at $5 or more. You can check all other fees that may apply on Passfolio’s website: http://passfolio.us/fees

*Securities less than $5 cost $0.02/share. Please see Passfolio’s disclosures on other charges.

Disclosures:

Passfolio LogoPassfolio is the brand name of Panchain, Inc. Passfolio Securities LLC and Passfolio Financial LLC are fully-owned subsidiaries of Panchain, Inc. Securities and cryptocurrencies are very different types of assets. Cryptocurrencies are not securities. Purchasing cryptocurrencies comes with a number of risks. Please read Passfolio Financial Cryptocurrency Risk Disclosure.

Currency and cryptocurrency exchange services provided by Passfolio Financial LLC (“Passfolio Crypto”), a US Money Services Business registered with FinCEN. Passfolio Financial LLC is not a broker-dealer. Cryptocurrencies are not protected by either

FDIC or SIPC. Securities products and services offered to self-directed investors through Passfolio Securities LLC Member FINRA / SIPC. Passfolio Securities, LLC does not provide cryptocurrency-related services. Passfolio Securities LLC is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash).

Explanatory brochure available upon request or at www.sipc.org. To purchase securities using cryptocurrencies, you must first convert them into U.S. Dollars using Passfolio Financial LLC. You must then move the U.S. Dollar proceeds to your brokerage account at Passfolio Securities LLC where you can use it to buy securities.

Please see Passfolio’s fractional shares disclosure.

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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