Image credit: Getty Images/iStockphoto -weerapatkiatdumrong

Kaspersky Lab experts have identified a link between cyber attacks by two infamous cybercriminals – GreyEnergy (who is apparently the successor to the BlackEnergy group) and Sofacy, which focus on cyberbullying. Both used the same servers at the same time, but each with a different purpose.

BlackEnergy and Sofacy hackers are among the most wanted actors in the modern global cyber-crime scene. In the past, they have been involved in activities that have had far-reaching consequences on the infrastructure of some countries. The BlackEnergy group was one of the most famous cyber-attacks in history – its attacks targeted the Ukrainian power plant in 2015, causing power outages. The second group, Sofacy, has been very confused by its attacks on the US and European governmental organizations, which have not escaped national security and intelligence agencies. Rather, they have speculated in professional cyber-security circles that there is a link between the two groups, but so far there has been no evidence. Now it turns out that GreyEnergy (the successor of the BlackEnergy Group) uses malware that is very similar to the Sofacy tool for attacks on predominantly Ukrainian industrial companies and critical infrastructure components.

ICS CERT’s special team, as stated in the article, focuses on the research and elimination of threats to industrial systems, has found two servers hosted in Ukraine and Sweden, both used at the same time in June 2018. The GreyEnergy Group used servers in its phishing campaign to saving a malicious file. This has been downloaded by users after they opened a text document that was attached to a phishing e-mail. At the same time, Sofacy used this server as a C & C center (command and control) for its own malware. Because both groups have taken advantage of servers for a relatively short period of time, it is likely that they share the infrastructure. This is confirmed by the fact that both groups focused on the same company with spear-phishing emails within a week. In addition, they also used a similar phishing emails from the Kazakhstan Energy Ministry.

“The finding of shared infrastructure by the BlackEnergy and Sofacy groups points to a stronger link between the two actors. It gives us a deeper insight into the activities of these Russian speaking groups, what are their capabilities, potential goals and sacrifices, “

says Mária Garnaeva, a security expert from Kaspersky Lab.

In order for companies not to be victims of such attacks, Kaspersky Lab experts recommend that:

  • Examine employees in cyber security. In particular, focus on dealing with suspicious emails that come from unknown senders and contain links or attachments.
  • Introduce cyber-awareness programs that will be entertaining for employees and virtually verify their knowledge and skills.
  • Automate the implementation of operating system, application, software, and security solutions updates that are part of both IT and OT infrastructure.
  • Use a special security solution that includes behavioral anti-phishing technology and technology to protect against targeted attacks. These include, for example, Kaspersky Threat Management and Defense, which also detects advanced threats and network anomalies.

Source: KryptoMagazin.sk

September 15, 2014

Dear readers,

Please find  two videos below, both were shoot at the latest Asian Economy Conference.

Part 1

(more…)

Dear readers,

During the past week we have witnessed an unprecedent decline in the value of Bitcoin and altcoins.

Did the cryptocurrency market suddenly turn into a bear market ?

When we look at coinmarketcap.com website, we see that just between today 2nd February and yesterday meaning within 24 hours-$60bn of market capitalization just vanished! You might ask, where did this money go ? Well most probably as Bitcoin is losing its dominance, and altcoins are falling we are witnessing a slow mid-term bear market.

Most FOMO investors have been betting on the rise of Bitcoin, reaching a peak of $19,511 on Dec. 18 2017.

Since then there was only a steep downtrend and nobody knows where is the market heading to. Most probably cryptocurrency market prices are searching its bottom at the moment.

Here is explanation of the recent CRASH:

Financial Times: {go to FT.COM/VIDEO}

How CNBS explains what would happen:

foreignexchangeForex trading, which stands for the Foreign Exchange Market for currencies, is basically the exchange of one currency for another at a specific price. It is decentralized and by far the largest in the world in terms of volume of trading with an estimated daily turnover of $5.3 trillion.

“Essentially, people are selling one currency and simultaneously buying another one with purely speculative purposes and the main goal is to predict the price changes and profit from it.”

According to Mr. Miroslav Paulo owner of  forex blog  there is a lot of risk involved in forex  and it is strange that only small percent of traders will make real profits within first year!  Actually more than 90% of novice speculators will loose all their money. And that is hell of a lot of money if you compare forex to other investing assets like commodities for example.

What influences the market price ?

There are many factors that influence the prices on the market, but the most important are politics, huge investment flows, and rapid changes in economical environment.There are two key factors which are behind FOREX trading’s popularity and global success.

  • The first one is that it runs 24/7 without a break, which means trading is always open and there are no periods in which the prices change dramatically with the exchange being closed.
  • The second one is the so called leverage – it means users are required to deposit just a small percentage of the amount they are trading with.

This gives the opportunity to smaller players to join the game, while in the past currency trade was only open to banks and other big financial institutions. (more…)

options-investPeople who put aside some extra money usually want to invest to make it grow and protect their wealth from inflation. Ten years ago the most popular investment opportunities were investing into buying treasury or S&P500 stocks through a broker. This has changed dramatically with the rise of new mobile technologies. According to the recent studies almost fifteen percent of all investors now practice forex and binary trading mobile.

(more…)

Online trading tips can be found all over online. They are very many and most of the time confusing instead of being useful. However, some trading tips are not only useful but also extremely accurate. Since the trading forex online market involves increased levels of risk, it is not suitable for everyone. Below are some useful currency trading tips.

1.Trade smart

Most people think it takes several years to learn how to trade. Currency trading is quite easy to learn since simple systems operate best and all the basics of being successul during trading can be learn in a couple of weeks. You earn for being right and not working hard in currency trading.

(more…)

gold-nyceThе economic situation wе аrе hаvіng today hаѕ grounded thе vаluе оf bonds, stocks, аnd mоѕt importantly money. Wе аll knоw thаt large-scaled goods ѕuсh аѕ gas аnd oil аrе thе mоѕt powerful investments wе hаvе around. Mоѕt investors аrе talking аbоut thе risks thеу possess bесаuѕе оf geo-political аnd socio-economic factors. Wіth thеѕе circumstances, however, а lot оf individuals аrе turning thеіr attention tо thе vаluе оf gold аnd оthеr precious metals. Investing іn gold іѕ thе bеѕt роѕѕіblе solution уоu саn hаvе today, but dо уоu knоw whісh gold tо invest іn IRA?
Thеѕе days, mоѕt investors аrе investing іn gold bесаuѕе іt іѕ considered tо bе thе mоѕt secured asset іn thе market. Small аnd large investors, government reserves, аnd major banks frоm vаrіоuѕ countries соnѕіdеr gold аѕ а sheltered investment оr safe haven. Gold preserves іtѕ storing vаluе аnd purchasing power whаtеvеr thе situation is.

(more…)

strategyOf аll thе Forex trading strategies thаt уоu саn follow thе mоѕt common іѕ рrоbаblу day trading. Forex іѕ а lot bеttеr suited tо thіѕ type оf trading thаn оthеr investments аrе ѕо іt іѕ оnе thаt уоu ѕhоuld dеfіnіtеlу lооk into. It іѕ аn еѕресіаllу good strategy fоr thе beginner ѕіnсе іt dоеѕ nоt require уоu tо hold positions overnight.

Mоѕt people whеn thеу hear thе term day trading thіnk thаt іt іѕ а risky strategy thаt wіll ultimately еnd uр losing thеm money. Thаt іѕ bесаuѕе оf іtѕ widespread uѕе іn thе stock market. Stocks аrе nоt wеll suited tо day trading, currencies оn thе оthеr hand are. Thе reason іѕ thаt thе currency market іѕ open twenty fоur hours а day. Aѕ а result thеrе іѕ а lot mоrе time fоr prices tо change whісh іѕ whу holding а position overnight саn bе а problem. A strategy thаt hаѕ уоu close аll оf уоur positions аt thе еnd оf еасh day wіll hеlр уоu tо avoid thіѕ problem. (more…)

With the uncertain performance of most stock exchanges in the world, trading via forex trading platform has proved to amongst the investment that is stable regardless of the huge deviation in the market performance.

What are the forex indicators?

1. Moving Average Convergence Divergence (MACD)

If you want to know the strength of the trend as well as the estimated value at the end of the day, then you should use this forex indicator. From the analysis, you can make your prediction on the best time to earn the profits from the difference in pricing. Check the site forex sitefor more free info about MACD indicator. (more…)

November 2, 2014

valutahandel-nyborgjareCurrency trading also called as valutahandel  market is full of urban legends that can harm a trader’s chances at financial success. By knowing some of the major Forex myths, wise traders can avoid any unnecessary frustrations.

The market is rigged

Another one of the most popular Forex myths is that the currency market is rigged. The Forex market the largest in the world and it is likely that if an individual or company takes a non-businesslike approach to financial trading, it will quickly be spotted. Forex is not a scam and even though losses can occur, a fine-tuned strategy can reap financial dividends for the trader, especially during this economic climate. Accepting that losses do occur and developing a strategy that has a slight edge during these market conditions will bring significant returns.

Forex brokers trade against the traders

It is partial truth that bästa forex mäklare who are market makers can really trade against their own clients. It is shame but it may be truth.

But have  you ever asked yourself why  ? I mean, Market makers don’t need to do this because 65% up to 89% of clients are loosing money trading with Market Makers, this is simply cold hard fact. There are more newbies than serious traders, so why would a broker risk his hard earned reputation and do risky stop loss hunting or price requotation stuff when all they can do is sit and wait until a noobie will loose the money ???

Listen I tell you this…

Nowadays we have over regulated retail fx trading environment in EU and not so much in Vietnam but…

Look at FCA, Cysec and the whole MIFID2 and ESMA crazy stuff.. Do you think some fx company would like to risk their license by doing these dodgy  practices ? I mean if they get caught, could cost them lucrative EU market license..

And what about ECN Brokers ?

On the other hand, ECN brokers do not trade against clients because this is technically just not possible for them to do. But I mean how many true ECN brokers do you know ? If I count from the top of my head maybe 3 I know… IC Markets, Pepperstone and XTB ?  So be careful before you rush and deposit into ECN brokerage since it can be STP and not true ECN 🙂

Dealing desk is evil

How many times did I hear this on forums! Man you better visit the premises and check if you find dealing desk. If yes, run away!

Well unfortunately that is not truth. Dealing desk is ordinary department of each MM so relax.

Losses are the trader’s fault

Forex trading is rarely a way to get rich quick. Trading takes a level of patience, skill and consistency, as well as a knowledge of the market. Losses are not the trader’s fault and are down to market conditions, unless the trader has failed to follow his plan through. The possibility of loss creates opportunities for other winners. Without a small level of risk, no financial return is possible.

I know nothing about trading, I am doomed to fail

This is simply not true! One of the most irrelevant arguments against trading I used to hear from noobies. Why on earth do u think that only experts can win in trading ? In fact, researche studies show, that most of the time, noobies hit the gold and beat the market including highly paid professionals who are employed by Hedge Funds.

I can make money daytrading on forex

BULLSHIT !

This is a myth!

Almost noone can make money daytrading., well maybe bank daytraders can but that is whole different story.

It is just not possible for you and me, because there are so many factors that come into this game. You can be profitable daytrader, but you will eventually fail in longterm,

Bear this in mind, and watch below video by Andrew the owner of Learncurrencytradingonline.com

A more complex fx trading strategy is better

When currency traders begin with a simple strategy and see small returns, they often change their gameplay, hoping that they will increase their financial return if they evaluate a few more variables. This is often not the case. Profits are usually made at the margin, where even the most successful traders only win slightly more than when they lose. Stick with your original system and focus on managing your money instead.It’s best to develop a strong trading plan that has been tested by yourself. Always take responsibility for the failures and successes of your plan.