The Blacksite Weekly Intelligence Report

Tuesday Edition

 Fake Crypto Giveaways Steal Millions Using Elon Musk Videos

Fake cryptocurrency giveaways are stealing millions of dollars by replaying old Elon Musk and Jack Dorsey Ark Invest videos on YouTube. The scam is the old “double your investment” ruse that promises to pay back twice the cryptocurrency amount the victim sends the scammer. The fraudsters made more than $1.3 million after re-streaming an edited version of an old live panel discussion on cryptocurrency with Elon Musk, Dorsey, and Cathie Wood at Ark Invest’s “The ₿ Word” conference. Security researchers at cybersecurity firm McAfee were also monitoring the scam and published a report on Thursday.

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Nvidia Gets Charged by SEC for Inadequate Disclosures of Cryptomining

The U.S. Securities and Exchange Commission settled charges against NVIDIA for “inadequate disclosures” of cryptomining’s impact on its gaming business. The tech giant will have to pay a civil money penalty of $5,500,000 to the SEC. NVIDIA agreed to a cease-and-desist order and pay a $5.5 million penalty without admitting or denying the SEC’s findings. NVIDIA’s gaming revenue increased by 52% for the second and third fiscal quarter of 2018 (year over year).

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VPN Providers Threaten to Leave India over New Data Laws

VPN companies are squaring up for a fight with the Indian government over new rules designed to change how they operate in the country. Government officials announced that virtual private network companies will be required to collect swathes of customer data. VPN providers have two months to accede to the rules and start collecting data. India has rapidly shifted away from a free and open democracy and launched crackdowns on non-governmental organizations, journalists, and activists, many of whom use VPNs to communicate.

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Tool of the Week: Zi for Z Shell Unix

Swiss army knife for Z shell on Unix.

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 How Blacksite ZTNA Can Help Protect Your Business Against Cyber Threats

 The first step in protecting your company against cyber threats is to make sure you have a solid cybersecurity plan. A cybersecurity plan helps you make sure that your company has the proper safeguards in place to protect your business. Expert security company Blacksite can help you with all your cybersecurity needs. At Blacksite we can help your company develop a cybersecurity plan that is tailored to your business needs. Blacksite implements the latest ZTNA technology to keep your business apps, data, and services safe from prying eyes and potential cybersecurity threats that you might experience in the future. Blacksite specializes in providing cybersecurity solutions in data protection, risk management, encryption, cyber security strategy, and cyber security education at an affordable price to accommodate your business whether it’s a small family owned to that of the size of a fortune 500.

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