The Week in Internet News: Criminal Cryptocurrency Miners Target IoT
Cryptomining the IoT: Cryptocurrency mining has caused a run on high-powered graphics cards, but criminal groups are looking for ways to exploit other computing power for mining operations. One target is Internet of Things networks because of the lack of strong security on many IoT devices, reports ZDNet. IoT cryptojacking malware is becoming popular on underground forums.
Secrecy for Slackers: Have you ever sent a message on Slack that you didn’t want your boss to see? Or maybe you’re concerned that someone could forward your Slack conversations. Apparently, you’re not alone. Security consulting firm Minded Security has created a tool, called Shhlack, that allows for encrypted messages in the popular messaging app, Motherboard says.
Hey, something worked! Law enforcement authorities in several countries worked together to take down WebStresser, a large DDoS-for-hire service, in late April. In the week following the takedown, DDoS attacks observed by one security provider dropped by about 60 percent in Europe, BleepingComputer reports. The drop may have been only temporary, however.
Fake news hits the courts: Malaysia’s controversial new has its first casualties. A Danish citizen has pleaded guilty maliciously publishing a fake news report by posting a YouTube video that appeared to contradict Continue reading
The latest funding round pushes the company's total haul to nearly a quarter-billion dollars since its founding in 2013.

