Tag Archives: Hacking

Your next car will be hacked. Will autonomous vehicles be worth it?

Self-driving cars could cut road deaths by 80%, but without better security they put us at risk of car hacking and even ransoms, experts at SXSW say Youre about to drive to work. You turn on the ignition and a message on the dash lights up. Weve hacked your car! Pay 10 bitcoin to get it back. Hacking into software and then demanding a ransom to release it whats known as ransomware is not new. Finnish security expert Mikko Hypponen fully expects it to become a reality […]

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A $50 Million Hack Just Showed That the DAO Was All Too Human

Sometime in the wee hours Friday, a thief made off with $50 million of virtual currency. The victims are investors in a strange fund called the DAO, or Decentralized Autonomous Organization, who poured more than $150 million of a bitcoin-style currency called Ether into the project. Code was supposed to eliminate the need to trust humans. But humans, it turns out, are tough to take out of the equation. The people who created the DAO saw it as a decentralized investment fund. Instead of leaving decisions to […]

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Hackers hit esports site Battlefy and release 89,000 users’ data

A hacker last week breached the systems ofBattlefy, a Vancouver esports management startup, and leaked nearly 90,000 users’ personal information. Following the breach at Battlefywhich in 2014 received $1.3 million in seed funding fromtech venture capitalists including formerRiot Gameschairman Jarl Mohnthe hacker released 89,270 emails, account names, and hashed passwords in a text file. The owner of the @ciadotgovTwitter account claimed responsibility for the hack and asked for Bitcoin donations for his work. The account wasallegedly behind the hack of AllWomensTalk.comearlier this year. Battlefy, which says its […]

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The FBI just warned Americans about a serious new online extortion scam

The Federal Bureau of Investigation issued an alert late Wednesday night warning about attempts to extort victims of recent data breaches. When hackers steal data from private companies or government agencies, they often advertise it for sale on various Dark Net websites. Criminals then purchase the information and threaten affected users, forcing them to essentially pay a new form of hush money if they don’t want their leaked, sensitive information broadcast to the world. “The recipients are told that personal information, such as their name, phone number, […]

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‘$300m in cryptocurrency’ accidentally lost forever due to bug

User mistakenly takes control of hundreds of wallets containing cryptocurrency Ether, destroying them in a panic while trying to give them back More than $300m of cryptocurrency has been lost after a series of bugs in a popular digital wallet service led one curious developer to accidentally take control of and then lock up the funds, according to reports. Unlike most cryptocurrency hacks, however, the money wasnt deliberately taken: it was effectively destroyed by accident. The lost money was in the form of Ether, the tradable currency […]

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Bad Rabbit: Game of Thrones-referencing ransomware hits Europe

NotPetya-style malware infects Kievs metro system, Odessa airport and Russian media, demanding bitcoin for decryption key A major ransomware attack is hitting computers in Russia and Ukraine, bearing similarities to researchers at Russian security firm Kaspersky say that the malware uses methods similar to those used during the NotPetya attack. Among the affected organisations are Kievs metro system, Russian media organisation Interfax and Odessa airport. Interfax was forced to publish to its Facebook page during the outage, since its servers were taken offline for a number of […]

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