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Regulation within cryptocurrency markets
According to Reuters: “Japan’s financial regulator said on Friday it had ordered all cyrptocurrency exchanges to submit a report on their system risk management, following the hacking of over half a billion dollars of digital money from Coincheck.” Whilst the whole premise of blockchain technology and cryptocurrencies revolves around it being essentially unhackable, the exchanges [...]
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Google deletes 700,000 dangerous apps from Google Play In 2017
As has been well documented, the Google Android ecosystem has been struggling with two major problems – fragmentation and vulnerable dangerous apps. In the last few years, however, Google has solved the problem to a greater extent by taking a few necessary measures and has started winning users’ confidence and close the gap with iOS – [...]
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Oracle POS flaw affecting over 300,000 POS systems worldwide
ERPScan researchers published the details of a new vulnerability recently fixed by Oracle. The vulnerability affects its MICROS POS terminals and allows an attacker to read sensitive data from devices. Oracle’s MICROS has more than 330,000 cash registers worldwide. They are 200,000+ food and beverage outlets and more than 30,000 hotels across 180 countries. Despite the [...]
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Cybersecurity data threat report: Trends in encryption and data security
The harsh realities of the current state of cybersecurity are made starkly apparent by the seemingly endless reports of major data breaches, which continue unabated despite consistent increases in IT security spending. This ongoing game of cat-and-mouse suggests that the tactics, sophistication and motivation are helping global attackers stay at least one step ahead of [...]
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Hackers have stolen 14% of the value of big cryptocurrencies
Cryptocurrencies and the software developed to track them have become attractive targets for cybercriminals while also creating a lucrative new market for computer-security firms. In less than a decade, hackers have stolen $1.2 billion worth of Bitcoin and rival currency Ether, according to Lex Sokolin, global director of FinTech strategy at Autonomous Research. Given the currencies’ explosive [...]
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