Campaign Information

Since late June, 2019, StormEye team have observed a rise of Facebook advertisements related to Alan Tam’s secret investment.  It raised our caution that this might be related to a series of cryptocurrency scam or maladvertising events. The following screenshot shows one of the Facebook advertisements we have captured and collected. Figure 1 Screenshot of…

The Analysis of Maladvertisement Campaign

StormEye, based on initial validated suspicion of these Facebook advertisements  were but a concerted malicious campaign carried out by hackers, began to collect data and proofs of validity from multiple locations and thereupon performed an in-depth analysis that covered more advertisements than a single person is able to reach due to the restriction imposed by…

Background of the Maladvertisement Campaign

In July 2019, StormEye, in its routine scouting over online security landscape, spotted irregularities in multiple Facebook advertisements related to Mr. Alan Tam’s investment of Bitcoin. The series of advertisements triggered StormEye’s alert system which ran on the back of Facebook softened the advertisement policy related to cryptocurrency and blockchain and the speech made by…

UK is updating its Law of cyber attacks

“The UK government will fine companies in “critical industries” up to £17 million if they have woefully inadequate cybersecurity defenses. The penalty system is a response to an EU directive, passed in August 2016, that was drawn up to ensure its member states are prepared for modern cyber attacks. Known as the NIS directive, it will be transplanted…