bitcoin, cybersecurity, fraud, hacking, killswitch, privacy, ransomware, Security technology
This is a good article on the complicated story of hacker Marcus Hutchins. Powered by WPeMatico
Category: bitcoin
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bitcoin, cryptocurrency, cryptography, Security technology
I agree with Lorenzo Franceschi-Bicchierai, “Cryptocurrencies aren’t ‘crypto’“: Lately on the internet, people in the world of Bitcoin and other digital currencies are starting to use the word “crypto” as a catch-all term for the lightly regulated and burgeoning world of digital currencies in general, or for the word “cryptocurrency” — which probably shouldn’t even … Read More ““Crypto” Is Being Redefined as Cryptocurrencies” »
banking, bitcoin, crime, hacking, Security technology
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bitcoin, crime, ransomware, Security technology
Matthew Green and students speculate on what truly well-designed ransomware system could look like: Most modern ransomware employs a cryptocurrency like Bitcoin to enable the payments that make the ransom possible. This is perhaps not the strongest argument for systems like Bitcoin — and yet it seems unlikely that Bitcoin is going away anytime soon. … Read More “Building Smarter Ransomware” »
bitcoin, hotels, internetofthings, ransomware, Security technology
Attackers held an Austrian hotel network for ransom, demanding $1,800 in bitcoin to unlock the network. Among other things, the locked network wouldn’t allow any of the guests to open their hotel room doors. I expect IoT ransomware to become a major area of crime in the next few years. How long before we see … Read More “IoT Ransomware against Austrian Hotel” »
academicpapers, bitcoin, scams, Security technology
Interesting paper: “There’s No Free Lunch, Even Using Bitcoin: Tracking the Popularity and Profits of Virtual Currency Scams,” by Marie Vasek and Tyler Moore. Abstract: We present the first empirical analysis of Bitcoin-based scams: operations established with fraudulent intent. By amalgamating reports gathered by voluntary vigilantes and tracked in online forums, we identify 192 scams … Read More “Tracking Bitcoin Scams” »