Stating that cybercrime is on the rise is rather like saying the world is round. Identifying this well-known fact is no longer any great discovery. But understanding the magnitude of the problem and how it affects us as we use the internet is an important starting point. Earlier this week, the FBI’s Internet Crime Complaint Center (IC3) released their 2017 Internet Crime Report. More than 300,000 consumers reported that they were victims of malware and cyber-fraud attacks last year (with registered losses of over $1.4 billion combined). The most common types of crimes were non-payment and non-delivery, phishing scams, andPowered by WPeMatico
Cornell University researchers, using the Falcon Relay Network, have concluded that neither of the two most popular cryptocurrency blockchains, Bitcoin and Ethereum, are as decentralized as once thought. A two-year longitudinal study claims Bitcoin underutilizes its network, Ethereum is better distributed than Bitcoin, and Bitcoin’s rewards for smaller miners is often unpredictable due to block […]