A Simple Security Guide for Avoiding Online Attacks
Today, the most appreciated themes on Bitcoin forums are the security related ones. Many people write their thoughts about how to protect private data from government, hackers and, sometimes business competitors. Let’s discover what can you do to prevent different bad people from stealing your personal data or bitcoins. It isn’t so dangerous to visit the....
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A Federal Trade Commission (FTC) panel said on Wednesday that while the threat of ransomware can be scary, simple “cyber hygiene,” or in other words, routine and basic security measures, are often enough to sufficiently counter these online attacks. FTC Panel Talks Ransomware. Nevertheless, the panel did not want to downplay the threat, or the damage ransomware has caused everyday users who have been victimized by attackers Chad Wilson, the Director of Information Security at Children’s National Medical Center in Washington D.C., did not mince words regarding his feelings toward....
Gone are the days when one needed to go through blood and sweat for robbing someone off-guard; these days, a simple DDoS attack can do it. Bonny and Clyde, sorry for your loss! Reports are emerging of an online extortionist group DD4BC, which is threatening to launch online attacks against some mid-to-large Scandinavian companies. The notorious pack of larcenists reportedly email their targets and ask them a 40 Bitcoin ransom to avoid serious consequences - a 1-hour DDoS attack is the best we heard. An excerpt from their letter as follows: "Right now we are running a small demonstrative....
The blockchain technology is now sitting at a stage of evolution that is somehow similar to the that of the internet in the 1990s. No one can overlook the millions of dollars invested, the hefty merchant adoption and the large number of businesses inspired by bitcoin and the blockchain technology. Nevertheless, the lack of standardized security models has rendered most of today's bitcoin exchanges & businesses vulnerable to hack attacks, especially when basic security measures are overlooked. The aftermath of this immature and inconsistent handling of security issues has unfolded many....
In the summer of 2019, our newsdesk published a step-by-step guide on how to create a non-fungible token (NFT) asset by leveraging the Simple Ledger Protocol built on top of the Bitcoin Cash blockchain. The following guide is an updated walkthrough on the process of creating an NFT collectible using the blockchain network with artwork uploaded to the Inter-Planetary File System (IPFS). How to Create an SLP-Based Non-Fungible Token Using the Electron Cash Wallet Non-fungible token (NFT) assets have become all the rage in 2020 and into the new year. In 2021, NFT sellers have sold millions of....
Ransomware and Bitcoin make a great combination, but for all the wrong reasons. There was a sudden increase in the number of ransomware attacks earlier in this year which continued into the last few months. While these attacks continue even today, most of them usually go unreported in the media. Cryptowall is one of the widely used malware to launch ransomware attacks. The malware has been so good at doing its job that even the FBI has given up on it. What the guys behind it are using it for is a completely different story though. Who is behind all these ransomware attacks involving....