Ransomware ‘here To Stay’
Cyber-thieves have made at least $25m (£19m) from ransomware in the last two years, suggests research by Google. The search giant created thousands of virtual victims of ransomware to expose the...
Tag: bitcoin
US Hails Indictment of Russian In Bitcoin Laundering
US officials Thursday hailed the arrest and indictment of a Russian accused of laundering billions of dollars through a Bitcoin exchange he operated. Treasury Secretary Steven Mnuchin said cracking...
Morocco Arrests British Bitcoin Dealer Wanted In US
Moroccan police have arrested a British dealer in virtual currency Bitcoin wanted on fraud charges in the United States, a source close to the investigation told AFP on Thursday. Police said only...
S.Africa’s White Enclave Eyes Move To E-Cash
A whites-only enclave in South Africa has resisted the country's multi-racial reality for more than two decades, even adopting its own paper money in its bid to promote self-sufficiency. Now Orania,...
MtGox CEO Goes On Trial In Japan Over Missing Bitcoins
The former CEO of collapsed Bitcoin exchange MtGox goes on trial Tuesday in Tokyo over the disappearance of hundreds of millions of dollars worth of the virtual currency from its digital vaults....
MtGox CEO Heads To Trial In Japan Over Missing Bitcoins
The former CEO of collapsed Bitcoin exchange MtGox heads to trial in Tokyo next week on charges stemming from the disappearance of hundreds of millions of dollars worth of the virtual currency from...
US Charges British Bitcoin Dealer With Fraud
US authorities on Friday charged a British businessman with a checkered history with securities fraud for bilking investors in what turned out to be a fake trading platform for virtual currency...
‘Vaccine’ Created For Huge Cyber-Attack
Security researchers have discovered a “vaccine” for the huge cyber-attack that hit organisations across the world on Tuesday. The creation of a single file can stop the attack from infecting a...
Blockchain Seen As Tool In Food Safety
The food industry is turning to the same technology used by virtual currencies to strengthen food safety and inventory management by tracking meats and crops from farm to table. Working with IBM,...
Unprecedented Cyberattacks Wreak Global Havoc
Cyber security experts rushed to restore systems on Saturday after an unprecedented global wave of cyberattacks that struck targets ranging from Russia's banks to British hospitals and a French...
Fast-Moving Cyberattacks Wreak Havoc Worldwide
A fast-moving wave of cyberattacks swept the globe Friday, apparently exploiting a flaw exposed in documents leaked from the US National Security Agency. The attacks -- which experts said affected...
Alarm Grows Over Global Ransomware Attacks
Security experts expressed alarm Friday over a fast-moving wave of cyberattacks around the world that appeared to exploit a flaw exposed in documents leaked from the US National Security Agency. The...
Ransomware Infections Reported Worldwide
A massive ransomware campaign appears to have infected a number of organisations around the world. Computers in thousands of locations have apparently been locked by a program that demands $300...
Zcash, the Virtual Money Making Its Mark
Zcash, the latest virtual currency, has been a smash success since its launch seven months ago, drawing in new users with promises of unrivaled privacy protection. But the new virtual money could...
New York Grants License To Trade More Virtual Currencies
New York authorities on Wednesday granted a license to Coinbase to trade in two additional virtual currencies, expanding the company's services which already included Bitcoin starting in January. The...
A Guided Tour of the Cybercrime Underground
One of the strange features of cybercrime is how much of it is public. A quick search will turn up forums and sites where stolen goods, credit cards and data are openly traded. But a glance into...
China’s Central Bank Launches Spot Checks On Bitcoin Exchanges
China's central bank said on Wednesday it launched spot checks on major bitcoin exchanges in Beijing and Shanghai, knocking the price of the cryptocurrency down by more than 6 percent. The probe of...
Web Databases Hit In Ransom Attacks
Thousands of web-based databases have been deleted by cyberthieves seeking a ransom to restore the data. Gigabytes of medical, payroll and other data held in MongoDB databases have been taken by...
Five African Inventions To Look Out For In 2017
Here are five African inventions which may take off in 2017. Problem: A total of 1.3 billion people worldwide currently don’t have electricity, according to Yale Environment 360. Getting people in...
Online Black Market Illegal Drugs Dealer Brian Farrell Sentenced to 8 Years Prison
A Washington state man was sentenced on Friday to eight years in prison for his role in helping the management of the successor website to Silk Road, an online black market where illegal drugs and...