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Google To Ban Cryptocurrency Adverts
Ads for all cryptocurrencies and cryptocurrency affiliates will be banned from Google AdWords program from June 2018. Google’s move to ban cryptocurrency advertising follows a similar ban by Facebook earlier this year, and recent warning from IMF Chief, Christine Lagarde. While the brief post by Google relates to part of a... Read more
Cryptocurrency WannaMine Attacks On The Rise
Anyone can be infected by mine hackers, so it’s important to upgrade your AV protection to include a block against WannaMine and similar threats. Another day, another headline about the cryptocurrency craze… If anyone else is starting to feel like cryptocurrency is just a giant game of Farmville where you... Read more
South Korea Action Against Cryptocurrency Hurts Prices
South Korea’s justice minister Park Sang-ki says the country is preparing a bill that will ban all cryptocurrency trading. Late last year, South Korean officials announced a crackdown on cryptocurrency, the hottest “it thing” in get rich quick schemes to come along since everyone began investing in Beanie Babies in the 1990s.... Read more
CoinCheck To Refund Crypto Customers After Massive Hack
Around 260,000 CoinCheck customers, mostly based in Japan, are said to have been affected by one of the largest cryptocurrency thefts in history. CoinCheck, a prominent Japan-based cryptocurrency exchange has promised to use its own funds to reimburse more than 46bn yen (almost $500 million) to customers who lost their... Read more
Millions Of Dollars Worth OF Ethereum Frozen By Mistake
Blunder over bug in code may freeze cryptocurrency wallets forever. An error in the code for Ethereum multi-signature (sig) wallets – and the subsequent attempts to repair it – have resulted in an estimated $300,000,000 of Ethereum being made inaccessible by anyone, possibly for ever. Parity, the software company behind multi-sig... Read more
Move Over, WannaCry, Bad Rabbit Is Here
Game of Thrones-referencing ransomware strikes Ukraine and Russia. The latest strain of ransomware is taking down systems across Russia and the Ukraine, apparently targeting large websites and mass transit systems such as the Odessa airport and the Kiev metro. Dubbed Bad Rabbit, its basic method is much like other infamous... Read more
Ethereum Could Match Visa In Scale In Just A Few Years
According to cryptocurrency founder, Vitalik Buterin. Speaking at the recent Tech Crunch Disrupt SF 2017, Vitalik Buterin, the founder of the Ethereum cryptocurrency believes that his cryptocurrency has the potential to one day match the likes of Visa, transaction for transaction in certain areas, and even be used to run... Read more
Hacker Who Stopped WannaCry Faces Prison
WannaCry hero Marcus Hutchins awaits court appearance on malware charges. No good deed goes unpunished, apparently, as news circulated late last week of hacker Marcus Hutchins’ arrest and detainment in Las Vegas. For those unfamiliar with the name, Hutchins is the young hacker who stumbled upon the solution for the... Read more
Cryptocurrency Gold Rush Miners Hire Boeing 747s To Deliver GPUs
As the price of Bitcoin and Ethereum continue to explode, miners of cryptocurrency have found themselves in a Cold War style technological arms race to outdo the other side. In this latest round of cryptocurrency competition, the weapons used are the latest graphics processors from AMD, and at the centre... Read more
Game Of Thrones Scripts Leaked After Major HBO Hack
HBO, the production company behind the hugely popular Game of Thrones TV series has become the latest in a long line of high profile companies who have found their IT systems the subject of an attack by determined hackers. Among some of the alleged 1.5 terabytes stolen are episodes and... Read more
Ransomware Not Going Anywhere Anytime Soon, Says Google
New study by Google warns that Ransomware is ‘here to stay’. According to Google, the surge of Ransomware is now an endemic scourge of the internet, and the problems associated with it are only going to get worse. Ransomware has “become a very, very profitable market and is here to... Read more
Petya Ransomware Developers Offer Unlock Key
Unencryption key offered… for a hefty price. It’s been just over a week since Petya ransomware had its way with a global pool of tech users. Since that time, investigators have traced its origins – along with that of two other related strains – back to a small accounting software... Read more
Australian Cops Cancel 590 Speeding Tickets In Wake Of WannaCry Attack
Drivers have lucky escape thanks to ransomeware.  Police in Victoria, Australia, have taken the somewhat dramatic step of outright cancelling around 590 fines that were issued from some 55 speed and red-light cameras after it was discovered they had been subject to the WannaCry ransomware attack that plagued computer systems worldwide back in May. Acting Deputy Commissioner Ross Guenther made the announcement,... Read more
Firm Pays Record-Setting $1M Hacker Ransom
Web-hosting firm Nayana pays to unlock frozen computers. The cybersecurity industry has tracked a sizeable increase in the number of ransomware attacks in the past year, ones that have hit both private consumers and businesses alike. Part of the reason for the increase has been attributed to their effectiveness; depending on... Read more
Panic Software Founder Victim Of A Malware Attack
Steven Frank compromised through infected version of Handbrake app. Mildly misleading headlines aside, this isn’t about pointing fingers at people who should know better. In fact, it’s the opposite: if someone with this level of technological and computing know-how can become a victim of a malware attack, then anybody can.... Read more
Cyber Security Stocks Surge After Wannacry Ransomware Scare
Shares in publicly traded cyber-security firms have risen sharply following attack. Tech companies specializing in security and network safety have pretty much all received a substantial bounce since the Wannacry ransomware went global last week. But then that’s hardly surprising. The scale of Wanancry means that governments and companies are... Read more
Global WannaCry Ransomware Attack Spread Halted ‘By Accident’
Self-taught security researcher stopped ransomware attack by registering a web domain for $10. A 22-year-old self-taught security researcher (who still lives at home) known only as  Malware Tech, managed to stop the spread of the seemingly unstoppable piece of malicious ransomware this weekend, during his vacation, without initially realizing he... Read more
Teenage Hacker Jailed For Masterminding Attacks Against Sony and Microsoft
Sentenced to two years as the ‘mastermind’ behind global malware created and sold from his bedroom. Adam Mudd, from Hertfordshire, England, was only 16 when he created the Distributed Denial of Service (DDoS) Titanium Stresser program in 2013. The malware he designed was responsible for carrying out more than 1.7m... Read more