{"id":347210,"date":"2017-08-23T06:30:33","date_gmt":"2017-08-23T06:30:33","guid":{"rendered":"http:\/\/citifmonline.com\/?p=347210"},"modified":"2017-11-10T14:50:03","modified_gmt":"2017-11-10T14:50:03","slug":"crypto-cash-investors-duped-in-funding-scam","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=347210","title":{"rendered":"Crypto-cash investors duped in funding scam"},"content":{"rendered":"<p class=\"story-body__introduction\">Cyber-thieves are believed to have stolen about $500,000 (\u00a3390,000) in the Ethereum crypto-currency, with an investment scam.<\/p>\n<p>The thieves hijacked the website of finance security start-up Enigma and posted messages saying it was about to launch its own currency.<\/p>\n<p>Many people keen to cash in transferred ethereum to the thieves&#8217; account.<\/p>\n<p>In response, Enigma shut down its website and adopted stronger security policies to keep hackers out.<\/p>\n<p>In a\u00a0statement posted to its Twitter account, Enigma said the thieves had carried out the scam after taking over the company&#8217;s web domain, mailing lists and Slack messaging service account.<\/p>\n<p>By posting a message on the Enigma website and sending notices out via Slack and email, the malicious hackers convinced many people the security company was seeking early investors.<\/p>\n<p>The attackers played on the fact that early next month Enigma plans to run a crypto-cash-based fundraising exercise to bankroll its expansion.<\/p>\n<p>The criminal hackers asked for investments to be paid in ethereum and are believed to have amassed about $500,000 worth before the scam was spotted and shut down.<\/p>\n<p>Enigma said none of its infrastructure had been used for the scam and none of its funds had been stolen by the attackers.<\/p>\n<p>It said it had now regained control of its compromised accounts.<\/p>\n<p>It has also adopted stronger security measures internally to prevent hijacks.<\/p>\n<p>Enigma has also stopped using Slack and moved to the secure messaging program Telegram.<\/p>\n<p>&#8220;We&#8217;ve moved up a number of critical security steps and taken additional measures to protect the community going forward,&#8221; Tor Bair,\u00a0a spokesman for Enigma, told Wired.<\/p>\n<p>&#8220;We&#8217;re now very well aware of the potential threats and are taking no chances.&#8221;<\/p>\n<p>Enigma added it was helping to investigate the scam and who was behind it with the help of other crypto-cash and security companies.<\/p>\n<p>&#8211;<\/p>\n<p>Source: BBC<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cyber-thieves are believed to have stolen about $500,000 (\u00a3390,000) in the Ethereum crypto-currency, with an investment scam. The thieves hijacked the website of finance security start-up Enigma and posted messages saying it was about to launch its own currency. Many people keen to cash in transferred ethereum to the thieves&#8217; account. In response, Enigma shut [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[106],"tags":[9776,663,3344],"class_list":["post-347210","post","type-post","status-publish","format-standard","hentry","category-technology","tag-bitcoin","tag-crypto-cash","tag-scam"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/347210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=347210"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/347210\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=347210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=347210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=347210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}