Blacksite’s Intelligence Report – Tuesday Edition for Week of May 9th, 2022
The Blacksite Weekly Intelligence Report
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.
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).
More information: https://www.sec.gov/news/press-release/2022-79
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.
More information: https://www.cert-in.org.in/PDF/CERT-In_Directions_70B_28.04.2022.pdf
Tool of the Week: Zi for Z Shell Unix
Swiss army knife for Z shell on Unix.
More information: https://github.com/z-shell/zi
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