{"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\/2017\/08\/crypto-cash-investors-duped-in-funding-scam\/","title":{"rendered":"Crypto-cash investors duped in funding scam"},"content":{"rendered":"
Cyber-thieves are believed to have stolen about $500,000 (\u00a3390,000) in the Ethereum crypto-currency, with an investment scam.<\/p>\n
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
Many people keen to cash in transferred ethereum to the thieves’ account.<\/p>\n
In response, Enigma shut down its website and adopted stronger security policies to keep hackers out.<\/p>\n
In a\u00a0statement posted to its Twitter account, Enigma said the thieves had carried out the scam after taking over the company’s web domain, mailing lists and Slack messaging service account.<\/p>\n
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
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
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
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
It said it had now regained control of its compromised accounts.<\/p>\n
It has also adopted stronger security measures internally to prevent hijacks.<\/p>\n
Enigma has also stopped using Slack and moved to the secure messaging program Telegram.<\/p>\n
“We’ve moved up a number of critical security steps and taken additional measures to protect the community going forward,” Tor Bair,\u00a0a spokesman for Enigma, told Wired.<\/p>\n
“We’re now very well aware of the potential threats and are taking no chances.”<\/p>\n
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>\n
Source: BBC<\/p>\n","protected":false},"excerpt":{"rendered":"
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’ account. In response, Enigma shut […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[106],"tags":[9776,663,3344],"yoast_head":"\n