bitcoin News

EY, Maersk and Microsoft Create Blockchain-Based Marine Insurance Platform

Consultancy EY, data security firm Guardtime, Microsoft and ship operator Maersk have joined to build a blockchain-based marine insurance platform that will be the first real-world use of the nascent technology in the shipping industry. EY and Guardtime said the …

Major Ransomware Attack Spreads from Europe to U.S.

A new cyber attack similar to WannaCry is spreading from Europe to the U.S., hitting port operators in New York and Rotterdam, disrupting government systems in Kiev, and disabling operations at companies including Rosneft PJSC and advertiser WPP Plc. More …

Bitcoin Startup, Blockchain, Raises $40M in New Funding from Heavy Hitters

Blockchain, the London-based bitcoin currency service provider, has raised $40 million of fresh funding, representing one of the largest investment rounds in the financial technology sector since Britain’s vote to leave the European Union. New investors in the company, which …

Hackers Target Canada Miners, Casinos, Demanding Bitcoin Ransoms: FireEye

The same hacker targeting Canadian casinos and mining companies for extortion since 2013 is planning more attacks, researchers at cyber security company FireEye Inc said in a report on Friday. FireEye said it believes that a single hacker or hacking …

European Cyber Police Hunt for Culprits of Global Ransomware Attack

Days after the global cyber attack, U.K. police are trying to figure out whether it was an established network of criminals, state-backed hackers or bored teenagers that crippled the country’s health service. The malware campaign affected more than 200,000 computers …

WannaCry Ransomware Hackers Threaten to Release More Malicious Code

Governments turned their attention to a possible new wave of cyber threats on Tuesday after the group that leaked U.S. hacking tools used to launch the global WannaCry “ransomware” attack warned it would release more malicious code. The fast-spreading cyber …

Some Firms Opt to Pay Hackers’ Ransoms, but Fail to Recover Data: Opinion

Behind the rise of ransomware lies the rise of bitcoin, the virtual currency of choice for hacker blackmailers who steal huge amounts of sensitive data. That doesn’t mean bitcoin is inherently to blame, but it does suggest that business has …

Global Cyber Attack Expected to Continue but Malware Spread Slows

Governments and companies around the world began to gain the upper hand against the first wave of an unrivaled global cyber attack, even as the assault was poised to continue claiming victims this week. More than 200,000 computers in at …

Global Cyber Attack Temporarily Disabled by Security Specialist

The cyber attack that spread rapidly around the globe was stifled when a security researcher disabled a key mechanism used by the worm to spread, but experts said the hackers were likely to return as many computers remain at risk. …

Update: Ransomware Hack of UK Hospitals Part of Global Cyber Attack

Extortionist hackers who may be using leaked computer exploits from the U.S. National Security Agency infiltrated computers in dozens of countries in a fast-spreading attack that forced British hospitals to turn away patients and breached systems at Spain’s Telefonica SA …