10 reasons to buy crypto-currencies other than Bitcoin

WASHINGTON, January 12, 2018.: The sudden, perhaps unexpected spurt in the price of Bitcoin is leading investors to show interest in other crypto-currencies. While demand for about a dozen other crypto-currencies of the world remains slightly muted, indications are, their prices would also soar in coming months. Several reasons have led to the exponential increase in… Please follow and like us:

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White House blames North Korea for ‘Wannacry’ ransomware attack

The White House said Tuesday that North Korea was directly responsible for a “reckless” ransomware attack in May that struck computers in about 150 countries. Thomas Bossert, counterterrorism adviser to President Trump, said the U.S. has evidence that “cyber affiliates of the North Korean government” were involved in the attack. “This was a careless and reckless… Please follow and like us:

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What Is Bad Rabbit? Massive Cyberattack Hits Russia

An advanced cyberattack has hit media outlets and infrastructure in Russia, Ukraine and Eastern Europe, causing mass disruption Cybersecurity researchers from Kaspersky described the malware, dubbed Bad Rabbit, in a blogpost on Tuesday, October 24. They explained how the previously unknown malware takes control of computer systems and encrypts data so that people can’t access it.… Please follow and like us:

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Decentralization bitcoin’s Achilles’ heel

Trading volume on China’s major Bitcoin exchanges has plunged in the past week, since authorities tightened regulation of the digital currency. [Photo/VCG] THE PRICE OF THE DIGITAL CURRENCY BITCOIN hit $4,045 on Sunday, almost 3.23 times its exchange value early this year. Economic Information Daily commented on Monday: Over the past three weeks bitcoin, which was… Please follow and like us:

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Majority Of Experts Say Security Still Lacking After WannaCry And Petya

Despite two major malware attacks that affected hundreds of thousands of computer systems in countries all over the world, a majority of information security experts still believe organizations are lacking in protections needed to prevent being hit by another attack, a survey found. Threat detection firm Tripwire surveyed 108 security professionals at the Black Hat USA… Please follow and like us:

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Ukraine Blames Russia for Massive Cyber Attack

Ukraine has blamed Russian security services for a massive cyber attack that started in the last week in Ukraine and eventually spread to computers across the world. Ukraine’s security agency, the SBU, said in a statement Saturday the attack bore resemblances to past hacks of Ukrainian infrastructure by the Russian security services. “The available data, including… Please follow and like us:

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Petya Ransomware Attack May Not Have Been Ransomware After All

The Petya ransomware attack that hit tens of thousands of computer systems in 65 countries earlier this week may not have been ransomware at all, but a more destructive form of malware designed to sabotage government and commercial organizations. A top Ukrainian police official told Reuters on Thursday that there is growing belief the attack was… Please follow and like us:

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‘NotPetya’ ransomware attack shows corporate social responsibility should include cybersecurity

By Scott Shackelford, Associate Professor of Business Law and Ethics; Director, Ostrom Workshop Program on Cybersecurity and Internet Governance; Cybersecurity Program Chair, IU-Bloomington, Indiana University. Companies need to make sure their own doors are locked. rodimov/shutterstock.com As the “NotPetya” ransomware attack spreads around the world, it’s making clear how important it is for everyone – and… Please follow and like us:

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IoT Devices Remain Vulnerable To Cyber Attacks

This has truly been a year of ransomware and General Keith Alexander, the former chief of the National Security Agency agrees. In fact, at a TechCrunch Disrupt New York event last week, he warned industries saying: “I think this is just one of many that we’re going to see.” Cyber attacks have been at its peak… Please follow and like us:

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5 things we learned from WanaCryptor, the biggest ransomware attack in internet history

How do we stop this from happening again? WannaCry Screenshot Screenshot of the ransomware that struck computers across Europe last week. WannaCry, via Wikimedia Commons On Friday, some hospitals in the United Kingdom were struck with a peculiar attack: computers taken over, data inside encrypted and held ransom, all for the measly payment of just $300.… Please follow and like us:

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North Korea Becomes Usual Suspect in WannaCry Cyber Attack

Cyber security experts admit the technical evidence linking North Korea to the global WannaCry “ransomware” cyber attack is somewhat tenuous, but Pyongyang has the advanced cyber capabilities and the motive to compensate for lost revenue due to economic sanctions, to be considered a likely suspect. Since Friday, the WannaCry software virus has infected more than 300,000… Please follow and like us:

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New Work Week Brings Fears Global Cyberattack Could Spread

A cyberattack that has already taken over computers in 150 countries could spread further Monday, as people return for the start of a new work week and use computers that may not have been updated with a security patch. Europe’s police agency Europol said Sunday the attack had already affected more than 100,000 organizations with so-called… Please follow and like us:

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Global Ransomware Attack Could Have Happened Using NSA Tools

A global ransomware attack of an unprecedented scale took place Friday, affecting healthcare services, banks and tech companies. The attack was reported by the CCN-CERT, the Spanish Government’s Computer Security Incident Response Team at 12:26 p.m. EDT, Friday. “An alert has been issued for a massive attack of ransomware that affects Windows systems, blocking the access… Please follow and like us:

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WannaCry: What is ransomware and how to avoid it

Malicious software or “ransomware” has been used in a massive hacking attack, affecting tens of thousands of computers worldwide. Software security companies said a ransomware worm called “WannaCry” infected about 57,000 computer systems in 99 countries on Friday, with Russia, Ukraine, and Taiwan being the top targets. The hack forced British hospitals to turn away patients,… Please follow and like us:

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