While most folks know the value of money, few know the latest value of a Bitcoin, a virtual currency prone to wide price swings. Those swings haven’t deterred those on the digital leading edge from speculating in the currency — or bad app writers from cooking up ways to steal it.”Bitcoins — and indeed any digital property of any value — will be a theft target,” Bitcoin developer Jeff Garzik told TechNewsWorld.”Just like U.S. dollars, Bitcoins are a thing of value, and therefore attractive to bad actors such as thieves,” he added. “Bitcoins are purely digital, which makes them more vulnerable to malware than the wallet in your pocket.”Such a vulnerability was discovered recently by LogRhythm; it identified a phishing campaign targeting a list of known Bitcoin owners. Attached to messages are zip archives that the missives declare contain an electronic wallet with 30 Bitcoins, or about US$24,000.When the wallet is opened, it infects a machine with the Bitcoin malware.”What we found was that it actually siphons off the Bitcoin wallet of the person who opened the archive,” LogRhythm Senior Security Research Engineer Greg Foss told TechNewsWorld.Bitcoins also were targeted in a malware attack uncovered by Light Cyber. In that… Read full this story
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