Category: Security

Blockchain Technology Could End the 6-Year Security Famine

We’ve heard a lot about cybersecurity and the blockchain. Specifically, about how businesses around the world can leverage blockchain technology to detect suspicious behavior in real time, eradicate human error, and ward off the threat of DDoS attacks rampant in our current system. But is blockchain technology really the answer to cybersecurity professionals’ prayers? Mark Tonnesen thinks it is. “Blockchain could be the answer to the perpetual shortage of security talent. …
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A Monero Mining Bot Is Spreading Through Facebook Messenger

If you’ve interacted with Facebook, you may have had run-ins with spam bots that infest your profile (or your friends’ profiles) and post links or advertisements without your permission. Well, the same malware that tells your friends to “Check out this link for 90% off a BRAND NEW pair of Ray-Bans. WOW!” is now being used to mine cryptocurrency. A downloaded client runs mining software that contributes hashing power to the malware’s …
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US Government Hacks Global Bank System, Neccesity of Bitcoin

The US government’s ongoing extensive surveillance on the global banking system and payment transfers is demonstrating an urgent necessity of a decentralized financial network such as bitcoin. Over the past few months, various organizations including Wikileaks and Shadow Brokers have exploited most of the malpractices of the National Security Agency of the US. One of the recent tools of the NSA that was leaked and exploited on the dark web …
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Russian Government Arrests Executive of Kaspersky Cybersecurity Firm

In December of 2016, local publication Kommersant revealed that leading cybersecurity firm Kaspersky Lab’s Head of the Computer Incidents Investigation Team Ruslan Stoyanov was arrested alongside Sergei Mikhailov, senior intelligence officer of Russia’s national security service (FSB). Upon the release of the report of Kommersant, Kaspersky Lab confirmed with the Associated Press in regards to the incident and published an official statement on the matter. Kaspersky Lab emphasized that the …
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