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Passwords the weakest link as GCHQ prevents over 1 million stolen credit cards
The National Cyber Security Centre (NCSC), a division of intelligence agency GCHQ, 2019 report revealed that the scheme Operation Haulster automatically flagged details of more than 1 million stolen credit... more
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London Blue hackers attempt massive fraud against Chief Financial Officers
A hacker group named as “London Blue”, is reported to have compiled a list of 35,000 chief financial officers, many working at the world’s biggest banks and mortgage companies. The... more
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Cryptocurrency exchange Zaif loses $60 million to hackers
In yet another blow to the burgeoning cryptocurrency market, it has been reported that Zaif, a Japanese digital currency exchange, has had $60 million stolen. Tech Bureau, the operator of Zaif... more
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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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