Another bitcoin exchange hacked

bitcoinBitstamp, a trusted bitcoin exchange, has been hacked to the tune of over £3 million. ‘Don’t worry,’ says the company, it’s only a fraction of what it holds in its reserves. It’s also the latest in a long line of bitcoin hacks.

Another bitcoin exchange has been hacked with the theft of about £3.4 million in virtual currency. This time it was Bitstamp, one of the largest and most trusted of bitcoin exchanges.

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North Korea and the US on common ground

ExploitYou’ve probably heard of zero-day exploits but might not know what exactly it means. It’s a type of virus that is extremely dangerous, and relatively common. Traditional antivirus detection doesn’t halt zero-day exploits however, they can be stopped. And intriguingly, governments around the world from North Korea to the US pay a lot of money for information on zero-day discoveries – so they can turn them against others.

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Uncertain New World

Uncertain New WorldSuch as been the far reaching influence of technology that today a measure of success is the technology we use whether it’s the latest smartphone or a device with supercomputing power. That said, the rapid pace of change that follows technology advancements means we are also more open to cyber mishaps and hacks that can have a huge impact on our lives, and in the most extreme cases bring life itself it to a juddering halt.

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The Sony hack – what’s missing?

sony hackedAmid the gossip, fury and diplomatic activity over the Sony hack a few important points have been overlooked; thousands of employees had their personal information posted online proving that many organisations can’t be trusted to provide security and cyber actions by nation states are here to stay accompanied by ever louder cries of denial.

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Black Friday Bonanza

Black FridayThe 24 hour sales frenzy is almost upon us. It’s a great time to scoop up some bargains – especially online. However, be wary, cyber criminals come crawling out of the digital ether at this time while many retailers can be extremely disingenuous with their pricing so the apparent bargain may not be all it’s billed as. However, you can avoid the pitfalls by being armed with a simple bit of knowledge, and in the process and scoop up your own bargain.

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7 rules to protect yourself from phishing scams

PhishingAs internet usage has grown, phishing scams have exploded. It’s easy to see why. A scammer only needs to get a relatively small number of hits to make a success of the scam. That said, many people are now savvy to phishing but as a result phishing sophistication is evolving. Here’s what to watch out for to make sure you’re not taken in.

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Watch out, an Exe is about

email malware .exe attachments are a favourite tool for cyber villains to download malware onto your computer. That said they’re easy to identify and safeguard against if you know what you’re looking for. But hackers take it as a given that most people don’t know how to identify different file types hence the continued popularity of .exe attachments to hide malware.

One of the most common tricks used by hackers is to get unsuspecting users to click on a malicious .exe file which leads to malware being downloaded onto a computer. They’re usually sent to you as an email attachment with the email offering some form of compelling inducement to get you to open the attachment.

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Ten top tips for safe online banking and shopping

credit cardOnline banking and shopping are great ways to keep on top of your finances and buy the things you need without having to elbow, and be elbowed, your way through high street crowds. However, both activities are targets for hackers keen to get their digital paws on your personal information. That said, follow a few simple rules, as set out below, and you’ll be safe.

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Digital Mission Creep

privacyThe UK’s National Health Service is set to launch a sweeping scheme designed to promote better healthcare and greater efficiencies. To be successful it requires the collating of patient data in a centralised database. But critics point out that private medical records could be exposed to all and everybody. The argument illustrates how the notion of privacy is being rapidly eroded in the digital age.

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