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Cybercriminals no longer need any coding experience to be able to make money extorting others. According to Symantec researchers, there is a new Android app spreading on Chinese underground forums allowing wannabe cybercriminals to create custom ransomware without having to write a single line of code. Creating Ransomware with an Android app The user-friendl…
Criminals are flocking to botnets as of late, due to how much damage these nefarious creations can cause. Rakos, a rather prominent type of malware, is currently being used to build a very powerful botnet. So far, there are several thousand bots in existence. Although the numbers are not alarmingly high, this new botnet is more than capable of executing powe…
There is hardly ever a boring day in the world of cryptocurrency, and today is no different. It appears as if the Wells Fargo Bank has caused some controversy. This bank no longer allows virtual currency platform customers withdraw money. So far, close to US$180m in funds is locked up in Wells Fargo accounts, with no clear path to a resolution in sight. iFin…
One of the most appealing aspects of Bitcoin is the ability to create it out of thin air via a process known as “mining”. While that’s a bit of an oversimplification (earning Bitcoin is more about contributing hardware than alchemy), mining remains an incentive for getting on board with Satoshi Nakamoto’s “magic internet money” - but is mining still a feasib…
Friday’s big cyber-attack that knocked out sites like Amazon, Netflix, GitHub, and Spotify has prompted many companies to go on the offensive--Microsoft being one of them. As the investigation furthers, the hackers haven’t been found out yet, but the software they used to complete their mission was a Mirai like program. The hackers used it to storm every uns…
The BMW Motorrad VISION NEXT 100 anticipates the future of motorcycle safety. Using glasses instead of helmets, full balance without any aid, BMW is taking on the road safety technology to a whole different level. Recently in Los Angeles, BMW unveiled its newest concept, the Motorrad VISION NEXT 100 at the BMW Group Future Experience. “The motorcycle provide…
