Smominru Botnet Indiscriminately Hacked Over 90,000 Computers Just Last Month

Insecure Internet-connected devices have aided different types of cybercrime for years, most common being DDoS and spam campaigns. But cybercriminals have now shifted toward a profitable scheme where botnets do not just launch DDoS or spam—they mine cryptocurrencies as well. Smominru, an infamous cryptocurrency-mining and credential-stealing botnet, has become one of the rapidly spreading computer…

Researcher Drops phpMyAdmin Zero-Day Affecting All Versions

A cybersecurity researcher recently published details and proof-of-concept for an unpatched zero-day vulnerability in phpMyAdmin—one of the most popular applications for managing the MySQL and MariaDB databases. phpMyAdmin is a free and open source administration tool for MySQL and MariaDB that’s widely used to manage the database for websites created with WordPress, Joomla, and many…

This young litigation finance startup just secured $100 million to chase cases it thinks will win – TechCrunch

If you haven’t heard much about litigation finance, that may change soon. The practice dates back decades, though it’s been picking up momentum since 2006, when Credit Suisse Securities founded a litigation risk strategies unit that it later spun off. What is litigation finance? In a nutshell, the idea is to fund plaintiffs and law…