Cybersecurity

ETC Labs believes regulation is the key to preventing future 51% attacks

ETC Labs believes regulation is the important thing to stopping future 51% assaults

Responding to quite a few 51% assaults on the Ethereum Traditional blockchain, ETC Labs mentioned that it is time to deliver regulation to hashpower rental marketplaces, citing the truth that at the least two of the assaults have been perpetrated by renting hash energy by way of NiceHash — a declare that has been confirmed …

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Did Jack Daniels Thwart a Ransomware Attack or Not?

Did Jack Daniels Thwart a Ransomware Assault or Not?

Ransomware gang REvil, identified additionally as Sodinokibi, claims to have mounted a profitable assault in opposition to the U.S. wine and spirits big, Brown-Forman Corp — however the firm claims in any other case. The corporate is the official producer of Jack Daniels whiskey. Based on cybersecurity companies supplier, AppGate, the well-known alcoholic drinks producer …

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Ransomware Attacks Demanding Crypto Are Unfortunately Here to Stay

Ransomware Assaults Demanding Crypto Are Sadly Right here to Keep

Yr after yr, the ransomware panorama adjustments dramatically. In 2019, a brand new resurgence of assaults occurred as companies and authorities establishments grew to become the principle targets of ransomware, given their capability to yield bigger payouts.  The latest assault was towards Garmin, a navigation methods firm, on July 23. Because of the assault, lots …

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Experts Concerned Over Twitter’s Ability to Tweet on Behalf of Users

Consultants Involved Over Twitter’s Skill to Tweet on Behalf of Customers

Cybersecurity consultants are warning that the Twitter hack on July 15 exhibits that the social community must strengthen its safety in an effort to keep away from a worse black swan state of affairs with critical penalties. In the newest incident, attackers launched a crypto giveaway rip-off by posting phishing messages by the hijacked profiles …

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The Most Malicious Ransomwares Demanding Crypto to Watch Out For

The Most Malicious Ransomwares Demanding Crypto to Watch Out For

As interconnectivity turns the world into a world village, cyberattacks are expectedly on the rise. In line with experiences, the tail finish of final yr noticed a spike within the common quantity of funds made to ransomware attackers, as a number of organizations have been compelled to pay thousands and thousands of {dollars} to have …

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Researchers Say New Lightning Network Attack Could Create ‘Chaos’

Researchers Say New Lightning Community Assault May Create ‘Chaos’

A examine printed on June 29 revealed a option to drain Bitcoin (BTC) wallets’ funds on the Lightning Community by exploiting a bottleneck within the system. Based on the “Flood & Loot: A Systemic Assault On The Lightning Community” paper, Jona Harris and Aviv Zohar from the Hebrew College in Israel evaluated a systemic assault …

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Congress Fears US Is Losing Battle to Malware and Darkweb Cyberweapons

Congress Fears US Is Shedding Battle to Malware and Darkweb Cyberweapons

In a Might 28 digital roundtable earlier than the congressional Subcommittee on Nationwide Safety, Worldwide Growth and Financial Coverage, witnesses and congresspeople alike feared that they don’t seem to be maintaining with criminals hacking the monetary system. Criminals have higher resumes than authorities brokers One witness, Guillermo Christensen, a associate at regulation agency Ice Miller, …

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