How Bitcoin Is Fueling Ransomware Insurance Claims December 21, 2017 By Sonali Basak and Jenny Surane Hey, want those photos and files back? It may cost more than it used to. Thank bitcoin. Chubb Ltd., best...
Gibraltar Introduces License for Fintech Firms Using Blockchain December 14, 2017 By Huw Jones Gibraltar’s financial services watchdog will introduce the world’s first bespoke license for “fintech” firms using blockchain distributed ledger technology (DLT)...
Cyber Criminals Steal $64M of Bitcoin From Cryptocurrency Firm NiceHash December 8, 2017 By Jim Finkle and Jeremy Wagstaff A Slovenian cryptocurrency mining marketplace, NiceHash, said it lost about $64 million worth of bitcoin in a hack of its...
EY, Maersk and Microsoft Create Blockchain-Based Marine Insurance Platform September 6, 2017 By Jemima Kelly Consultancy EY, data security firm Guardtime, Microsoft and ship operator Maersk have joined to build a blockchain-based marine insurance platform...
Major Ransomware Attack Spreads from Europe to U.S. June 27, 2017 By Giles Turner, Volodymyr Verbyany and Stepan Kravchenko A new cyber attack similar to WannaCry is spreading from Europe to the U.S., hitting port operators in New York...
Bitcoin Startup, Blockchain, Raises $40M in New Funding from Heavy Hitters June 22, 2017 By Nate Lanxon Blockchain, the London-based bitcoin currency service provider, has raised $40 million of fresh funding, representing one of the largest investment...
Hackers Target Canada Miners, Casinos, Demanding Bitcoin Ransoms: FireEye June 19, 2017 By Alastair Sharp The same hacker targeting Canadian casinos and mining companies for extortion since 2013 is planning more attacks, researchers at cyber...
European Cyber Police Hunt for Culprits of Global Ransomware Attack May 18, 2017 By Kit Chellel Days after the global cyber attack, U.K. police are trying to figure out whether it was an established network of...
WannaCry Ransomware Hackers Threaten to Release More Malicious Code May 17, 2017 By Dustin Volz Governments turned their attention to a possible new wave of cyber threats on Tuesday after the group that leaked U.S....
Some Firms Opt to Pay Hackers’ Ransoms, but Fail to Recover Data: Opinion May 16, 2017 By Lionel Laurent Behind the rise of ransomware lies the rise of bitcoin, the virtual currency of choice for hacker blackmailers who steal...