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Monday, June 5, 2023

OVER $60 MILLION WORTH OF BITCOINS HACKED FROM NICEHASH EXCHANGE

Over $60 Million Worth of Bitcoins Hacked from NiceHash Exchange. Bitcoin mining platform and exchange NiceHash has been hacked, leaving investors short of close to $68 million in BTC.
As the price of Bitcoin continues to rocket, surging past the $14,500 mark at the time of writing, cyberattackers have once again begun hunting for a fresh target to cash in on in this lucrative industry.
Banks and financial institutions have long cautioned that the volatility of Bitcoin and other cryptocurrency makes it a risky investment, but for successful attackers, the industry potentially provides a quick method to get rich — much to the frustration of investors.
Unfortunately, it seems that one such criminal has gone down this path, compromising NiceHash servers and clearing the company out.
In a press release posted on Reddit, on Wednesday, NiceHash said that all operations will stop for the next 24 hours after their "payment system was compromised and the contents of the NiceHash Bitcoin wallet have been stolen."
NiceHash said it was working to "verify" the precise amount of BTC stolen, but according to a wallet which allegedly belongs to the attacker — traceable through the blockchain — 4,736.42 BTC was stolen, which at current pricing equates to $67,867,781.
"Clearly, this is a matter of deep concern and we are working hard to rectify the matter in the coming days," NiceHash says. "In addition to undertaking our own investigation, the incident has been reported to the relevant authorities and law enforcement and we are co-operating with them as a matter of urgency."
"We are fully committed to restoring the NiceHash service with the highest security measures at the earliest opportunity," the trading platform added.
The company has also asked users to change their online passwords as a precaution. NiceHash says the "full scope" of the incident is unknown.
"We are truly sorry for any inconvenience that this may have caused and are committing every resource towards solving this issue as soon as possible," the company added.
Inconvenience is an understatement — especially as so much was left in a single wallet — but the moment those coins shift, we may know more about the fate of the stolen investor funds.
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FOOTPRITING AND INFORMATION GATHERING USED IN HACKING

WHAT IS FOOTPRITING AND INFORMATION GATHERING IN HACKING?

Footpriting is the technique used for gathering information about computer systems and the entities they belongs too. 
To get this information, a hacker might use various tools and technologies.

Basically it is the first step where hacker gather as much information as possible to find the way for cracking the whole system or target or atleast decide what types of attacks will be more suitable for the target.

Footpriting can be both passive and active.

Reviewing a company's website is an example of passive footprinting, 
whereas attempting to gain access to sensititve information through social engineering is an example of active information gathering.

During this phase hacking, a hacker can collect the following information>- Domain name
-IP Addresses
-Namespaces
-Employee information 
-Phone numbers
-E-mails 
Job information

Tip-You can use http://www.whois.com/ website to get detailed information about a domain name information including its owner,its registrar, date of registration, expiry, name servers owner's contact information etc.

Use of  Footprinting & Information Gathering in People Searching-
Now a days its very easy to find anyone with his/her full name in social media sites like Facebook, Instragram,Twitter,Linkdedin to gather information about date of birth,birthplace, real photos, education detail, hobbies, relationship status etc.

There are several sites like PIPL,PeekYou, Transport Sites such as mptransport,uptransport etc and Job placement Sites such as Shine.com,Naukari.com , Monster.com etc which are very useful for hacker to collect information about anyone.  
Hacker collect the information about you from your Resume which you uploaded on job placement site for seeking a job as well as  hacker collect the information from your vehicle number also from transport sites to know about the owner of vehicle, adderess etc then after they make plan how to attack on victim to earn money after know about him/her from collecting information.




INFORMATION GATHERING-It is the process of collecting the information from different places about any individual company,organization, server, ip address or person.
Most of the hacker spend his time in this process.

Information gathering plays a vital role for both investigating and attacking purposes.This is one of the best way to collect victim data and find the vulnerability and loopholes to get unauthorized modifications,deletion and unauthorized access.



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