Source: National Cyber Security – Produced By Gregory Evans Hackers who raid corporate bank accounts often launder stolen funds by depositing them in accounts owned by “money mules,” people recruited through work-at-home job scams. The mules are usually instructed to wire the stolen funds to the scammers. Increasingly, however, The…
Federal judge says Bitcoin counts as money during JPMorgan Chase hacking trial
Source: National Cyber Security – Produced By Gregory Evans Bitcoin qualifies as money, a federal judge ruled on Monday, in a decision linked to a criminal case over hacking attacks against JPMorgan Chase & Co and other companies. U.S. District Judge Alison Nathan in Manhattan rejected a bid by The…
Bitcoin Price Plunges 20% After Hackers Steal $72 Million
Source: National Cyber Security – Produced By Gregory Evans Prices in bitcoin fell over 20% on Tuesday after a security breach at Bitfinex, a Hong Kong-based exchange. Reuters reported that almost 120,000 units of bitcoin, together worth $72 million at the time, had been stolen from online customers. The exchange…
Hacker Gets Prison Sentence for Stealing Bitcoin, Information from Darkode
Source: National Cyber Security – Produced By Gregory Evans A man has been slapped with a one-year and one day jail term by authorities after his arrest for engaging in activities on the notorious internet forum Darkode. 29-year old Rory Stephen Guidry of Opelousas, Louisiana, was given a one-count sentence…
Hackers Steal $2 Million From Bitcoin Exchange In Hong Kong, Bounty Offered To Recover Funds
Your ads will be inserted here byEasy Plugin for AdSense.Please go to the plugin admin page toPaste your ad code OR Suppress this ad slot. For cryptocurrency enthusiasts seeking mainstream adoption, events like this are so unhelpful. Hackers appear to have made off with the equivalent of $2 million in…
Bitcoin ‘Hacker’ Convicted In Romney Tax Return Fraud, Faces 25 Years Of Imprisonment
Your ads will be inserted here byEasy Plugin for AdSense.Please go to the plugin admin page toPaste your ad code OR Suppress this ad slot. A Franklin man who is a self-confessed hacker has been found guilty of fraud in exchange of million-dollar bitcoin payment for tax records of then…
Use Bitcoin If You’re Going To Hack An Election
Source: National Cyber Security – Produced By Gregory Evans For decades, Latin American elections have been rigged. In the 21st century, technology has abetted the practice, resulting in the region’s dirtiest elections over the past half-decade. And, when hacking an election, Bloomberg reports, using Bitcoin is crucial. As Enrique Peña…
UAE Bank Victimized by Data Breach and Bitcoin Ransom
Source: National Cyber Security – Produced By Gregory Evans Another customer data breach is in the news, only this time, the results are worse than we’re used to. The breach occurred in the United Arab Emirates, and the attack is being labeled as the biggest in the country’s history. According…
Barclays tipped as first bank to accept virtual money Bitcoin
Source: National Cyber Security – Produced By Gregory Evans The high street bank has two labs that are dedicated to exploring the potential of the online currency. And the financial giant is also helping a charity look at how the technology can be used. At the moment British banks aren’t…
‘Showdown Year’ for Cyber-Attacks Has Hackers Demanding Ransom in Bitcoin
Source: National Cyber Security – Produced By Gregory Evans (The Street) — Data breaches at eBay (EBAY), JPMorgan Chase (JPM) and Home Depot (HD) coupled with cyber-attacks on U.S. government agencies show the risks posed by hackers will only increase, regulators warn, and finance companies are finding themselves on the…