Lastpass Data Breach Frightens Users, Some Say Hack ‘May Be Worse Than They Are Letting on’

People involved in financial tech, software programming, cyber security, and cryptocurrencies have been talking about the Lastpass data breach that was disclosed two days ago. The password management company detailed that a breach, committed earlier this year, allowed hackers to obtain a “backup of customer vault data.” Lastpass Reveals ‘Threat Actor Was Also Able to […]

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Survey Shows 40% of US Crypto Owners Forget Their Password, 20% Write Passwords on Paper

Survey Shows 40% of US Crypto Owners Forget Their Password, 20% Write Passwords on PaperAccording to a recent study on crypto asset storage and passwords, a survey that polled over 1,000 digital currency owners shows 39.7% have forgotten their passwords. The study produced by cryptovantage.com indicates that users unable to recover their passwords lost an average of $2,134. Survey Polls 1,000 US Crypto Owners, Respondents Invest $7,245 on Average […]

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Chinese Police Return Bitcoin to Victim in 3 Million Yuan Theft Case

Chinese Police Return Bitcoin to Victim in 3 Million Yuan Theft CasePolice in China’s Jiangxi province have reportedly recovered bitcoins stolen from a victim and returned them to the owner. The case involves the theft of 8.236 bitcoins, worth approximately 3 million yuan. Police Return Bitcoin to Theft Victim Police in China’s Jiangxi province have reportedly solved a case involving the theft of bitcoins worth almost […]

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A Guide to Authentication Methods (Infographic)

Stolen passwords and weak passwords are responsible for over 80% of security breaches in 2018, and in 2019 over 150,000 security incidents and nearly 4,000 confirmed data breaches were caused due to weak or stolen passwords. Passwords are some of the weakest forms of authentication, and when user authentication is not secure, cybercriminals have easy access to take whatever information they want.    Creating the perfect authentication method does not include just security, but also user convenience. Passwords and security questions are a very weak form of authentication as it leans on ‘shared secret’ between a service provider and a

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The History and Future of Passwords

Having a strong password to your personal data such as bank information, company logins, and other sensitive data is very important. Because of this, the average business user has 191 passwords, but 81% of confirmed data breaches stemmed from reused, weak, or stolen passwords. But looking back on from where we have come from the first password and the first password theft to today can give us a heads-up on what may be coming. The first password was created in 1960 with MIT’s Compatible Time-Sharing System, or CTSS, used separate consoles to access a shared mainframe – each user had

The post The History and Future of Passwords appeared first on The Merkle News.

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Five Simple Ways to Increase Your Privacy When Using Cryptocurrency

Five Simple Ways to Increase Your Privacy When Using CryptocurrencyCryptocurrency without privacy is pointless. If your coins aren’t fungible, you lose much of the benefits of using cryptocurrency in the first place. Privacy isn’t just won and lost onchain though. In fact, much of the privacy gains to be made when it comes to sending, spending and trading crypto occur offchain, as you go […]

The post Five Simple Ways to Increase Your Privacy When Using Cryptocurrency appeared first on Bitcoin News.

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