Trump Luxury Hotel Credit Card Breach Displays Need For Bitcoin
With the Presidential Elections in full effect, the last thing any of the candidates needs is bad press. Unfortunately for Donald Trump, his chain of luxury hotels has fallen victim a security breach which gave hackers access to customer credit card information. It is not the first time major hotel chains are faced with security threats, and stepping up security measures is of the utmost importance. Trump Luxury Hotel Chain Breached. Donald Trump, one of the candidates to become the next President of the United States, is not a happy camper when it comes to cybersecurity worries. His chain....
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A luxury hotel in Austria paid a bitcoin ransom to unlock the rooms of hundreds of guests who could not get in or get out, according to The Local. The hotel was unable to reprogram new electronic key cards until the hackers restored the system. The hackers restored the system in exchange for 1,500 EUR worth of bitcoin. While the hotel has since replaced its computers and installed new security standards, it plans to install old-fashioned door locks with keys in the future to prevent such incidents. Managers at the Seehotel Jaegerwirt, a four-star hotel on the Alpine Turracher Hoehe Pass,....
Guests staying at Palazzo Versace Dubai have, since September 7, had an option to settle payment for services rendered via cryptocurrency. The hotel also plans to add the crypto payment option to its e-commerce platforms to enable guests to pay for gift vouchers using digital currencies. Cryptocurrency Infrastructure Provider A luxury hotel based in Dubai, Palazzo Versace, recently said it would allow guests to pay for services offered at its premises using cryptocurrency. As stated in a Business Traveller report, starting on September 7, guests staying at Palazzo Versace Dubai are able....
Prepaid credit cards are not new. However, a prepaid credit card that can be funded with bitcoins is. The BitcoinCard is a credit card that can be funded via BTC. Don't get too excited though, as this card does not let you transmit bitcoin via the card. Despite the website's UK top level domain, the company informed us that the card primarily holds Euros. When we contacted The Bitcoin Company, who are offering this card, a representative told us: "The card works as a normal prepaid credit card. The difference is users can buy it with bitcoins, and fund it with bitcoins." It's not clearly....
As a victim of the Target credit card hack, and having to work with the bank to replace the stolen identity, this writer can speak first-hand about thinking twice about giving out my credit card again. Not just to Target, but to any store. As the Venture Capital Partner from Andressen Horowizts, Marc Andreessen recently tweeted: Corollary: Giving your credit card info to online merchant in 2014 is data equivalent of unprotected sex. For the love of God, please stop. - Marc Andreessen (@pmarca) March 23, 2014It was uncovered recently that MasterCarddiscovered a security breach for the State....
The number of hotels with a bitcoin ATM on-site is growing in Switzerland. The latest announcement came from The Dolder Grand, a luxury hotel and spa in Zurich, which recently installed a crypto ATM supporting four cryptocurrencies. Bitcoin ATMs Gaining Popularity in Hotels The Dolder Grand announced Monday that a cryptocurrency ATM has been installed at the hotel for guests to buy and sell cryptocurrencies on-site. The announcement states: As of now, guests of the Zurich Hotel Dolder Grand can buy and sell cryptocurrencies on site – conveniently at the crypto ATM. This is made....