Crooks were able to hijack traffic and email to various cryptocurrency-related websites as a result of a DNS hijacking attack on domains managed by GoDaddy. The threat actors were able to modify DNS settings by tricking GoDaddy employees into handing over the control of the targeted domains with social engineering attacks. In due course, the malicious actor was able to partially compromise our infrastructure, and gain access to document storage. Cyber criminals also targeted crypto-mining firm NiceHash with the same technique and successfully carried out a DNS hijacking attack. At the time of this writing, GoDaddy did not provide details about the attacks that have happened.
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- GoDaddy allowed popular crypto domains takeover
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- Attackers Dupe GoDaddy Staff Into Helping Them Take Down Cryptocurrency Services
- Crooks social-engineered GoDaddy staff to take over crypto-biz domains
- The GoDaddy Hack Would've Been Impossible In The Dappy System
- GoDaddy Inc. Cl A
- GoDaddy staff fall prey to social engineering scam in cryptocurrency exchange attack wave
- All information about the topic GoDaddy
- GoDaddy Employees Tricked Into Transferring Control of Crypto Firm Domains: Report
GoDaddy allowed popular crypto domains takeover
Dappy is a first of its kind open source web browser and name system that addresses at the same time the structural flaws of the Domain Name System, and the inevitable vulnerabilities of private corporations.
It is currently being built and improved to unlock never seen levels of trust, accessibility and peacefullness for running a website on the internet. Around April , many GoDaddy employees were tricked , and transferred ownership of over 6 targeted domain names to hackers. It was also disclosed this year that GoDaddy was compromised and exposed The Domain Name System DNS is built upon the idea of splitting domain names management to unique private corporations.
GoDaddy itself manages around 55 millions domain name, giant corporations naturally became attack targets. DNS root servers also are critical services, Verisign is the company responsible for DNS lookup requests addressed to. The main point is that by owning a. Either company could potentially be compromised, and as a result, your website would instantly be compromised as well. Private corporations will always be vulerable, simply because humans run it, and humans make mistakes.
The dappy system removes the need to trust unique private corporations to expose a website to the internet, it specifically addresses this critical issue of confiding DNS managmenet to a chain of trusted and vulnerable companies.
There are many corporations equally responsible for responding to lookup requests, instead of single ones like in the DNS Verisign Inc , Donuts Inc or Uniregistry. This mechanism is called multi-request , a corporation may be compromised, it does not really matter because the browser will query 5, 10 or 15 companies, and instantly flag the response different from the others as unusual or suspect.
The dappy system includes many other security features, it works with a dedicated open source browser available on the 3 major desktop platforms. We specifically targets websites and companies in the search for new and disruptive tools and ideas. If you want to read more about dappy, lease visit the website and join the discord community. Join Concordium — the blockchain made for the future economy.
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A phishing attack on web hosting giant GoDaddy was the reason why cryptocurrency exchange Liquid experienced a data breach last week, it has been revealed. Cyber security website Krebs on Security reported Saturday that employees at GoDaddy were tricked into handing over domain credentials for Liquid and cloud mining firm Nicehash, with Slack and Github then targeted as a result. According to Krebs, the success rate of such attacks have increased due to the surge in remote working, which sees employees using less secure internet connections and potentially not having managerial backup as quickly as normal. Reading Time: 2 minutes A phishing attack on web hosting giant GoDaddy was the reason behind the data breach experienced by Liquid exchange last week GoDaddy says a social engineering scam allowed domain login details to be leaked to hackers Liquid reported last week that user details, including encrypted passwords, were stolen A phishing attack on web hosting giant GoDaddy was the reason why cryptocurrency exchange Liquid experienced a data breach last week, it has been revealed. Crime Cryptocurrency Exchange Hack.
Attackers Dupe GoDaddy Staff Into Helping Them Take Down Cryptocurrency Services
If the distributed ledger technology would fulfill its potential and reach mass adoption, then major trillion-dollar industries would be completely changed. At the forefront of the smart securities, revolution is Thomas Carter, a year fintech innovator and CEO of DealBox, an innovative digital securities issuance and investment platform. DealBox has gained attention lately with the creation of a feature-rich, and robust platform using a compliant token technology built on the Stellar Lumens XLM blockchain protocol. DealBox gives issuers and investors a savvy approach to being first-in-line to invest in innovative new companies using smart securities issuance technologies. The recent success of Digital Names is due in large part to its applications above and beyond cryptocurrency alone. It solves a real problem for not only everyday cryptocurrency users, but anyone using a digital wallet and is simple to integrate into any blockchain-powered app. Digital Names for cryptocurrency and digital wallets do what domain names did for the internet back in the 90s. Rather than remember a numerical IP address for a website you can simply type in www. This new industry and market opportunity will mint the next round of companies like this, of which Total Network Services is in position to take advantage of. Thomas Carter December 10,
Crooks social-engineered GoDaddy staff to take over crypto-biz domains
Hackers allegedly manipulated employees at GoDaddy, the largest web domain registrar, into handing over control of various websites to cybercriminals. Cryptocurrency trading platforms, including Liquid and NiceHash, said that GoDaddy incorrectly turned over control of their domains to malicious actors this month. Having contained the attack, reasserted control of the domain, and performed a comprehensive review of our infrastructure, we can confirm client funds are accounted for, and remain safe and secure. NiceHash froze all wallet activity on its platform for 24 hours after it discovered the problem and then resumed service with the exception of withdrawals, which it said would resume after an internal audit. The spokesperson said GoDaddy is constantly educating employees about new security measures to take against sophisticated and aggressive attacks aimed at the employees.
The GoDaddy Hack Would've Been Impossible In The Dappy System
If the distributed ledger technology would fulfill its potential and reach mass adoption, then major trillion-dollar industries would be completely changed. At the forefront of the smart securities revolution is Thomas Carter , a year fintech innovator and CEO of DealBox, an innovative digital securities issuance and investment platform. DealBox has gained attention lately with the creation of a feature-rich, and robust platform using a compliant token technology built on the Stellar Lumens XLM blockchain protocol. Read More: Rev. DealBox gives issuers and investors a savvy approach to being first-in-line to invest in innovative new companies using smart securities issuance technologies. The recent success of Digital Names is due in large part to its applications above and beyond cryptocurrency alone.
GoDaddy Inc. Cl A
Blockchain rights protection firm Cognate is now part of the GoDaddy empire…. The deal has now been formally announced, although the exact details of the transaction have not, as yet, been released. If this statement suggests anything, in particular, is that the acquisition is adding fresh expertise, rather than looking to amalgamate two companies and downsize one of them in the process. Initially for Cognate, the concept was a little more than an online database of names, but, over the years, it has grown and evolved as a platform that empowers ventures to protect their trademark rights. These records can then be used to prove, enforce, or maintain trademark rights. Zinc, a UK-based startup, has launched its blockchain-based hiring software in an effort to make….
GoDaddy staff fall prey to social engineering scam in cryptocurrency exchange attack wave
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All information about the topic GoDaddyRELATED VIDEO: Digital Payment Options for Your Website - The Journey
GoDaddy held its hands up last week and admitted that September had seen the web hosting platform suffer a significant data breach involving customer account information. The US-based domain registrar claims that as many as 1. The web hosting platform confirmed that along with the email addresses and customer numbers of 1. GoDaddy — which hosts over 82 million domains — says it has reset passwords and is issuing new SSL certificates to minimize the scope of the damage to customers. GoDaddy only just revealed the existence of the breach to the Securities and Exchange Commission last week — shortly after the organization says it discovered it.
GoDaddy Employees Tricked Into Transferring Control of Crypto Firm Domains: Report
Earlier this month, cybercriminals targeted GoDaddy customers to modify the DNS settings of at least two cryptocurrency websites, namely NiceHash and Liquid. There are reports that other cryptocurrency platforms Bibox. A statement was released by the two affected services on November 18th stating that the attackers breached their internal systems after obtaining control of their accounts through tricking GoDaddy employees. The threat actor even managed to access document storage of the trading platform after successfully obtaining account access through their domain registrar GoDaddy. Kayamori stated that immediately after detecting the attack, they took all the necessary steps to contain the attack, including reasserting the domain control and reviewing their infrastructure. Furthermore, they implemented plans to mitigate the risk to customer accounts and prevent future attacks.
Their websites redirect visitors to fake pages that try to phish out seed phrases and private keys from visitors which will allow attackers to access the user wallets and steal funds. The hacks have been confirmed by both companies in messages posted on their official Twitter profiles. The two incidents are believed to be the work of one individual or group, as DNS records for both websites were changed within a minute of each other.