How an Accidental ‘Kill Switch’ Slowed Friday’s Massive WannaCry Ransomware Attack

Posted by on May 13, 2017 in Security News, Virus Alert Information

Amid a desperate situation on Friday in which hundred of thousands of WannaCry ransomware attacks pelted computers in nearly 100 countries, one stroke of good fortune hit, too. As the malware analysis expert who calls himself MalwareTech rushed to examine the so-called WannaCry strain, he stumbled on a way to stop it from locking computers and slow its spread. All it took was ten bucks, and a little luck.

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Hackers Spoil Their $1 Billion Bank Heist With a Typo

Posted by on Aug 26, 2016 in Security News, Smart Phones

Where is autocorrect when you need it? A spelling mistake was the only thing standing between a group of hackers and the $1 billion dollars they tried to steal from Bangladesh Bank. After the hackers misspelled “foundation” as “fandation” in a wire transfer request, it prompted bank authorities to investigate the veracity of the transfer order. The hackers initiated a series of money transfer requests after stealing credentials the bank uses to authorize electronic transfers.

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