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Key Points - On October 6, 2021, the DOJ announced two new initiatives: the Civil Cyber-Fraud Initiative and the National Cryptocurrency Enforcement Team. ...
The REvil gang, a major Russian-speaking ransomware syndicate, appears to be behind the attack The attack came despite President Joe Biden's threat of 'retaliation' to Russian President Vladimir Putin if they continued The massive scale of the attack paralyzed the networks of at least 200 U.S. companies on Friday John Hammond of the security firm Huntress Labs said the criminals targeted a software supplier called Kaseya Kaseya earlier in the day had said in a press release that the 'potential attack' had been ' limited to a small number of on-premise customers only'
-The risks for Ethereum By Greg Peel This is the third part in FNArena’s series on the world of crypto. Part I explains just what bitcoin is and how it works. Part II compares bitcoin and gold as stores of wealth. Links below. Proof of Work As explained in the first part of this series, bitcoin is backed by the blockchain ledger system. Critical to bitcoin’s existence is the verification of each block in the chain, which is provided by solving a complex algorithm available in “open source”, and which does not require a superior brain but rather the capacity to run bllions of calculati...
Researchers discovered an unidentified malware that created a 1.2TB database of personal records stolen from 3.25 million PCs between 2018 and 2020.