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'Pony' botnet steals bitcoins, digital currencies: Trustwave
Reuters ^ | 2-24-2014 | Jim Finkle

Posted on 02/24/2014 11:07:49 AM PST by Cementjungle

(Reuters) - Cyber criminals have infected hundreds of thousands of computers with a virus called "Pony" to steal bitcoins and other digital currencies, in the most ambitious cyber attack on virtual money uncovered so far, according to security firm Trustwave.

Trustwave said on Monday that it has found evidence that the operators of a cybercrime ring known as the Pony botnet have stolen some 85 virtual "wallets" that contained bitcoins and other types of digital currencies. The firm said it did not know how much digital currency was contained in the wallets.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: bitcoin; botnet; digitalcurrency; pony; theft; trustwave; virtualwallets; virus
Lock up those digital wallets!
1 posted on 02/24/2014 11:07:50 AM PST by Cementjungle
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To: Cementjungle

but but but

didn’t they say bitcoins were secure?


2 posted on 02/24/2014 11:09:12 AM PST by GeronL (Vote for Conservatives not for Republicans!)
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To: Cementjungle; Zionist Conspirator; GraceG

Oh Snap!


3 posted on 02/24/2014 11:09:49 AM PST by KC_Lion (Build the America you want to live in at your address, and keep looking up.- Sarah Palin)
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To: Lurkina.n.Learnin; nascarnation; TsonicTsunami08; SgtHooper; Ghost of SVR4; Lee N. Field; DTA; ...

Click to be Added / Removed.
4 posted on 02/24/2014 11:11:52 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: Cementjungle

Begs the ?

What’s in your wallet?

Brave new technologies

Bring new challenges


5 posted on 02/24/2014 11:12:09 AM PST by NormsRevenge (Semper Fi - Revolution is a'brewin!!!)
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To: NormsRevenge

Who's in YOUR wallet?........................HALLO! THIS IS PEGGY.........................

6 posted on 02/24/2014 11:18:09 AM PST by Red Badger (LIberal is an oxymoron......................)
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To: Cementjungle

Please enter your account number, and I will check if your money has been stolen for you: _____________________


7 posted on 02/24/2014 11:18:12 AM PST by Izzy Dunne (Hello, I'm a TAGLINE virus. Please help me spread by copying me into YOUR tag line.)
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To: Cementjungle

so who here likes the idea
of automatic software upgrades?


8 posted on 02/24/2014 11:28:49 AM PST by RockyTx
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To: Cementjungle

Thats a problem I think for any system designed to be anonymous. If your money disappears, how do you prove it? Who polices it? How do you get recourse without giving up your anonymity?

These are probably solvable problems but they would have to be solved for this to really take off.


9 posted on 02/24/2014 11:48:20 AM PST by marron
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To: GeronL
didn’t they say bitcoins were secure?

Nope. They said they were near impossible to counterfeit. They have always said that people need to take reasonable steps to make sure their wallets are secure.

The same can be said for online bank accounts or for online credit card transactions.

Any transactions that require a computer are susceptible to virus/malware/hacking attempts.

I'd say the most secure method is physical cash in your physical wallet. And even then it isn't secure if you decide to leave it sitting on the front seat of your car.
10 posted on 02/24/2014 11:59:41 AM PST by mmichaels1970
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To: Cementjungle

All your bitcoins are belong to us!


11 posted on 02/24/2014 12:41:15 PM PST by WayneS (Respect the 2nd Amendment; Repeal the 16th (and 17th))
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To: Cementjungle

12 posted on 02/24/2014 12:47:23 PM PST by dfwgator
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To: Cementjungle

You had better learn how to secure your digital life weather you ever own a Bitcoin or not.

http://www.youtube.com/watch?v=hqKafI7Amd8


13 posted on 02/24/2014 1:56:38 PM PST by TsonicTsunami08
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