Cybersecurity

Research Finds “Crypto Theft” Markets are on the Rise

1 month ago admin2 Comments Off on Research Finds “Crypto Theft” Markets are on the Rise
Cryptocurrencies have grown popular of late and attracted an increasing number of thieves looking to capitalize on the crypto frenzy to lure naive investors and unvigilant users. According to cybersecurity firm Carbon Black, the illicit, dark web economy for cryptocurrency-related malware development and sales now represents a US$6.7 million economy. Research conducted by the firm Read More

NYDFS Superintendent Was Wrong — Bitlicense Severely Damaged Bitcoin Businesses

3 months ago admin2 Comments Off on NYDFS Superintendent Was Wrong — Bitlicense Severely Damaged Bitcoin Businesses
Regulation This week the New York State Department of Financial Services (NYDFS) Superintendent, Maria Vullo, discussed the controversial state Bitlicense, a set of regulations aimed at monitoring and regulating cryptocurrency operations. According to Vullo, the regulatory policies enacted by the former Superintendent Ben Lawsky and the NYDFS has stimulated greater interest towards licensed companies in Read More

23% Of Organizations Globally Affected By Crypto-Mining Malware, Says Cybersecurity Firm

5 months ago admin2 Comments Off on 23% Of Organizations Globally Affected By Crypto-Mining Malware, Says Cybersecurity Firm
Image: Christoph Scholz, Flickr Crypto-mining malware is draining enterprises’ CPU power with an estimated 23% of organizations globally being affected by the Coinhive variant during January 2018, according to Check Point’s latest Global Threat Impact index. Researchers of the firm discovered three different variants of crypto-mining malware in its top 10 most prevalent threat with Read More

Blockchain Security Platform NuCypher Raises US$4.3M from Cryptofunds and VCs

7 months ago admin2 Comments Off on Blockchain Security Platform NuCypher Raises US$4.3M from Cryptofunds and VCs
Image: NuCypher founders MacLane Wilkison and Michael Egorov at TechCrunch Disrupt NY 2017 NuCypher, a privacy layer for distributed systems and decentralized applications, has raised US$4.3 million in a token pre-sale from 13 cryptofunds and venture capital firms. The round was led by Polychain Capital with participation from Michael Novogratz’s Galaxy Digital Assets Fund, FBG Read More

Major Wallet Vulnerability Revealed As User Barely Reclaims 9 BTC

8 months ago admin2 Comments Off on Major Wallet Vulnerability Revealed As User Barely Reclaims 9 BTC
An anonymous Pastebin user claimed to have discovered evidence that some Bitcoin wallet software can generate private keys that can be easily identified and hacked. The reveal comes after another person has made a Reddit post describing how they lost nine BTC due to a transaction error on the Blockchain.info wallet service. The Pastebin user, Read More

How totally screwed is Uber right now?

8 months ago admin2 Comments Off on How totally screwed is Uber right now?
How are things at Uber? Fine. Fine! Nothing to see here. I mean, sure: Five U.S. senators want Uber to tell them when it discovered a massive data breach and what it did to respond. Missouri attorney general Josh Hawley’s office says it’s investigating Uber over the ride-hailing company’s massive data breach. Uber Technologies is Read More

Bitcoin Account Holder Loses $100K Over Public Wireless Network

8 months ago admin2 Comments Off on Bitcoin Account Holder Loses $100K Over Public Wireless Network
An unidentified 36-year-old man who owns a Bitcoin account has lost more than 100,000 euros ($117,000) worth of Bitcoins while he was logged in on a public wireless network in a restaurant in Vienna, Austria. The Austrian police, however, claimed that they are still investigating whether the victim’s account was already hacked before he opened Read More

Facebook’s latest “horrible idea” is asking users to upload nudes to prevent revenge porn

8 months ago admin2 Comments Off on Facebook’s latest “horrible idea” is asking users to upload nudes to prevent revenge porn
Out of all the major tech companies, surveys show that users trust Facebook the least, so it should come as no surprise that its newest controversial idea was met with the simple reaction: “nope.” In a test, the company is asking users to upload their nude photos, in order to prevent future “revenge porn” against Read More

Marissa Mayer sounds distraught over Yahoo’s massive data breach

9 months ago admin2 Comments Off on Marissa Mayer sounds distraught over Yahoo’s massive data breach
Former Yahoo CEO Marissa Mayer appeared distraught at a US Senate hearing Wednesday (Nov. 8) on the unprecedented data breaches at the company during her tenure. “As you know, Yahoo was the victim of criminal, state-sponsored attacks on its systems, resulting in the theft of certain user information,” Mayer said in her opening remarks, rarely Read More