Bitcoin #exchange founder #arrested for #allegedly lying to #financial #watchdogs

Source: National Cyber Security News

The founder of a defunct cryptocurrency exchange has been arrested for allegedly lying to financial watchdogs to cover up a heist of 6,000 bitcoin. Federal prosecutors in New York charged Jon Montroll, the 37-year-old founder of BitFunder, on Wednesday with obstruction of justice and two counts of perjury. Separately, the… …

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IOT #DEVICES: IS THE #CONVENIENCE #WORTH THE #HACKING #RISK? MOST #CONSUMERS #SAY ‘YES’

Source: National Cyber Security News

There’s no question that the Internet of Things greatly improves the convenience of our lives, but at what cost? Smart home products already constitute a multibillion-dollar industry that is only going to continue growing. However, we can’t ignore the numerous attacks have already taken place with IoT devices. For example,… …

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Harper’s #Magazine Warns #Subscribers That #Passwords May Have Been #Stolen

Source: National Cyber Security News

Harper’s Magazine, the monthly longform journalism and essay publication, has warned subscribers that their passwords may have been stolen by hackers. On Thursday several subscribers tweeted screenshots of an email that Harper’s sent. “It has come to our attention that your username and password for Harpers.org may have been compromised,”… …

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Are #hackers using your #PC to mine #Bitcoin?

Source: National Cyber Security News

Cryptocurrencies like Bitcoin and Monero are so popular because they’re secure and potentially worth thousands of dollars. But investors and consumers aren’t the only ones interested in them. Hackers are using malicious tactics to steal cryptocurrency, and they’re doing it with something called cryptojacking. Hijacked hardware Cryptojacking secretly uses your… …

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2,000 #computers were #shut down due to #SamSam virus #attack to #Colorado Department of #Transportation

Source: National Cyber Security News

On Wednesday morning the workday in Colorado Department of Transportation (CDOT) was disturbed. The institution went back to good old days when computers were not existing due to SamSam ransomware virus attack. On February 22, the file-encrypting virus hit CDOT’s computers, encrypted files and demanded to pay the ransom in… …

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Intel didn’t #tell US #cyber security officials about the #Meltdown and #Spectre flaws until after it #leaked in news #reports

Source: National Cyber Security News

Intel did not inform U.S. cyber security officials of the so-called Meltdown and Spectre chip security flaws until they leaked to the public, six months after Alphabet Inc notified the chipmaker of the problems, according to letters sent by tech companies to lawmakers on Thursday. Current and former U.S. government… …

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