Critical East Coast Water Utility Company Crippled by Sophisticated Ransomware Attack

Criminals have shown a tendency to deploy major attacks during troublesome times. Hurricane Florence wreaked havoc in the US not that long ago. It now appears one local water utility company is being targeted in a major ransomware attack. It is a very troublesome development, for many different reasons. Ransomware Attacks Remain Problematic The East… … Read more

Critical East Coast Water Utility Company Crippled by Sophisticated Ransowmare Attack

Criminals have shown a tendency to deploy major attacks during troublesome times. Hurricane Florence wreaked havoc in the US not that long ago. It now appears one local water utility company is being targeted in a major ransomware attack. It is a very troublesome development, for many different reasons. Ransomware Attacks Remain Problematic The East … Read more

African Cryptocurrency Exchanges Forced to Step up Security

Cryptocurrency exchanges in some of Africa’s biggest bitcoin markets have been forced to rethink their security to thwart persistent attacks from hackers, a trend that has troubled trading platforms all around the world. Also read: Cointext Launches Bitcoin Cash SMS Wallet in Argentina and Turkey The Worst Yet to Come for African Exchanges Exchanges in the … Read more

Two US States Issue Cease and Desist Orders Against Five ICO Issuers

The U.S. states of Colorado and North Dakota have independently issued cease and desist orders against companies promoting initial coin offerings in their states. Their tokens are potentially fraudulent securities offerings, according to the two states’ securities commissions. One scheme promises a return of 10 percent per month and claims to be pegged to the … Read more

Blockchain Surveillance Firm Partners With Cryptocurrency Exchange Binance

On Oct. 17, the world’s largest cryptocurrency exchange by volume, Binance, announced a partnership with blockchain surveillance company Chainalysis. According to the exchange, Chainalysis has implemented a compliance solution that meets regulatory guidelines worldwide. Also read: Bizarro World: Federated Sidechain Technology Promoted Over Nakamoto Consensus Binance Is Using Chainalysis for Compliance    According to a press … Read more

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