4 Million dollars worth of IOTA crypto coins has been stoled by a cybercriminal

4 Million dollars worth of IOTA crypto coins has been stoled by a cybercriminal
An ingenious cybercriminal made 4 million dollars in one day. The cybercriminal named Norbertvdberg has already disappeared from cyberspace with exactly $3.94 million worth of IOTA crypto coins. He managed to steal this enormous amount of money after building an elaborate phishing scheme using a site named iotaseed.io which he has promoted on various legit channels making it reach the top position in the google search for iota seed generator.

Every crypto coin requires a wallet so does IOTA coins. If a user wants to create a portfolio he must generate the wallet’s private key, also named a seed. A seed is a random alpha-numerical character, 81 in number, and it has two purposes: is used to generate the public wallet address, and as a password to authenticate the wallet’s owner. The seeds are produced using various tools, and this is how the cybercriminal figured that he could give a “helping hand” to other users. Back in August 2017 he released the iotaseed.io and presented as an IOTA seed online generator.

To get more credibility the hacker link the site to GitHub repository saying that both are running the very same code. Which was not true because the code was mostly the same code from the GitHub repository but slightly altered with ingenious modifications made in Notifier.js library which is used to load additional code that adds patches for Math.seedrandom function and returns a fixed seed every time 4782588875512803642 then adds to a counter 1 unit with every generator run.

The cybercriminal promoted the site using Google’s advertising platforms for six months. In this six months, he recorded every log from its site then in 19 of January when a DDoS attack occurred on IOTA infrastructure he takes advantage of this event and transfers all the funds from the wallets collected for six months then disappeared with 4 million dollars in IOTA. Our expert investigated both incidents, the DDoS attack on IOTA’s infrastructure and the 4 million theft, and found no relations between those two, meaning that the cybercriminal patiently waited for something big to happen to make the hist silently whiteout anyone seeing the significant cash flow that he moved in one night. Although this fraud method didn’t involve any malicious software or breaches to get the coins, only an ingenious method of stealing the credentials, it doesn’t mean that other cybercriminals will not use better and maybe more clever ways involving malicious threats to get their prey.

Our cybersecurity expert advises everyone especially those who are dealing with sensible and private data to always protect their systems with only the top antivirus solution available on the market.

Download CyberByte antivirus for Mac directly from the Apple Mac Appstore

Regular users are the most affected by malware this day because most of them do not care about what antivirus they have installed in their systems.
Users can download antivirus developed by our company directly by clicking the download banner from the end of the page.
Our free download antivirus can help users to protect their Mac or Windows devices against malware and adware.
We offer a free antivirus one day license to all our users who want to test the full power of our antivirus solution.
Our antivirus can detect a vast spectrum of threats, from dangerous malware to nasty browsers extensions used for mining the crypto-currency.

The antivirus our company is offered is a certified product of OPSWAT.

Most of the companies don't care about cybersecurity until they suffer a breach.
A healthy company must perform a penetration test from time to time. The penetration test must execute against all the assets of the company, including the workers who are the most vulnerable to the social engineering attacks.
A penetration test can be done either by a security specialist from inside of the company or by hiring an external cyber security company who can take care of everything.
Besides penetration test, a company must have a minimum healthy cybersecurity system installed like antivirus or firewall.
CyberByte company can perform various penetration tests on all the spectrum of PCI/DSS compliance to the red team, perimeter testing, and social engineering.
We also provide services to employee profiling and cyber threat monitoring, since most of the data breaches this day come from the inside of the company.
To check our penetration test services go to the Services tab from the main menu.

Windows users can download free antivirus solution CyberByte by clicking the banner. The free antivirus will help you to know if your PC is infected. Windows free antivirus of CyberByte is an awarded software for malware detection.

Mac / MacOS / OS X users can download free Mac antivirus solution CyberByte by clicking the banner. The free antivirus will help you to know if your Mac is infected. MacOS / OS X free antivirus of CyberByte is an awarded software for malware detection. The free antivirus for Mac is available for new MacOS and older OS X versions.

Features of CyberByte™ antivirus:

  • Protects you from all kind of threats
  • CyberByte™ custom detection engine includes Mac and Windows malware protection and detection
  • Fastest scanning times in the market
  • Crypto Mining rogue extensions/malware detection
  • Ransomware detection - don’t negotiate with ransomware cyber terrorists – keep your Mac and Windows safe
  • Active live protection from background
  • Certified Threat Detector by OPSWAT
  • Easy to Install
  • Easy to Manage
  • Incredible value for money

Invisible, protecting you from behind the scenes - You will not feel it is installed on your computer, easy on the resources, like a protection software should be.

Original technology that combines behavioral heuristic analysis with powerful signatures database – the CyberByte™ Protection Engine  delivers top of the line protection in an instant.

Fastest scanning times in the market – your time is precious, but also so is your digital life – CyberByte™ delivers fast scanning saving both time and your valuable data.

Don’t negotiate with ransomware cyber terrorists – keep your Mac safe and don’t ever end up paying for what is already yours.

Protect others as well – the CyberByte™ Protection Engine  not only detects the threat but stops it from spreading to other Macs or Windows machines.

Don’t let strangers use your resources – more than 80% of the attacks are crypto mining driven. Are you sure your computer is not mining for crypto while you read this text?

Our malware protection will continuously look after your device providing the best security against viruses. Give us the chance to prove it by downloading the antivirus for your device.

CyberByte Antivirus is a certified product by OPSWAT (OPSWAT is a San Francisco-based software company that provides solutions to secure and manage IT infrastructure. Founded in 2002, OPSWAT delivers solutions that provide manageability of endpoints and networks, and that help organizations protect against
zero-day attacks by using multiple antivirus engine scanning and document sanitization.
To learn more about OPSWAT’s innovative and unique solutions, please visit http://www.opswat.com).

CyberByte Antivirus comes in two flavors:
MacOS Version - the free download Mac antivirus available on our website (https://mac.cyberbyte.org)
Windows Version - the free download Windows antivirus available on our website (https://pc.cyberbyte.org)

The procedure is simple:
Just free download antivirus from CyberByte website either for Mac or Windows.
Install it using the antivirus installer package.
Windows and Mac users will free malware scan their devices. The scan duration depends on how many files the end user has.
CyberByte antivirus will show if any files are infected after the scan is finished.



We started to offer the most secured web hosting and hosting service, bringing the hosting services at next level.