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Slovenian-based bitcoin mining marketplace NiceHash has reported that it has become the victim of a highly professional attack with sophisticated social engineering that has resulted in the theft of bitcoin to an estimated value of $80m. The Hack The 4,700 bitcoin(s) were reported stolen in a hack of the NiceHash digital currency marketplace’s payment system…
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A report by Veritas Technologies has said that since 91% of most companies lack a strong data management culture they will be considering a number of ‘carrot and stick’ motivators to bring about the changes needed to help them to implement and comply with GDPR. GDPR Next Year The EU’s General Data Protection Regulation (GDPR)…
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Former Facebook Vice President Chamath Palihapitiya has made the headlines following apparently negative comments that he made at an event about Facebook’s effects on society. Guilt While speaking at a Stanford Graduate School of Business event, Mr Palihapitiya surprised many listeners when he reportedly described his feelings of guilt about helping the company attract two…
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Amazon with its best-selling digital voice assistant now has its sights set on a role for Alexa in the workplace with its plans to launch Alexa for Business. Amazon Dominant Amazon’s Echo dominates the voice-assistant market with a more than 70% share. 11 million Alexa devices have already been sold and last Christmas, Alexa-enabled devices…
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The need to comply with a European Court Ruling has meant that senior UK police officers are to lose the power to self-authorise snooping on personal phone and web browsing records. What Ruling? This latest development is the upholding of a ruling (after an appeal) that was sent to the European Court of Justice (ECJ)…
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Barclays bank has emailed its 290,000 online banking customers to say that it will no longer be offering Kaspersky Russian anti-virus because of information and news stories about possible security risks. Long-Running Rumours and concerns about Kaspersky’s possible links with the Russian state are not confined to Barclays. Moscow-based software maker Kaspersky Lab, the largest…
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Apple is reported to have released an urgent software update on Wednesday, days after Turkish developer Lemi Ergin publicly reported a simple but serious bug in its Mac Operating System. MacOS High Sierra Affected The bug was discovered in the most recent version of MacOS High Sierra. It has been reported that, by entering the…
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A researcher has suggested that the GDPR fine structure could lead to cyber-criminals being given price points to set their ransoms at because now they know how much money they should be asking. GDPR The EU’s General Data Protection Regulation (GDPR) comes into force 25th May 2017. As part of the enforcement mechanism, a fine…
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The crypto-currency Bitcoin has now reached a record high of $10,000 (£7,462) after only trading at $1,000 at the start of the year, with some experts saying it’s got further to climb. What Is Bitcoin? Bitcoin is a digital web-based currency that operates without the need for central banks and uses highly secure encryption (a…
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A report by the educational charity and think tank ‘Reform’ has suggested that Blockchain technology could be used by the UK government as a more effective, efficient, and modern way to provide verification of the identities of citizens. What Is Blockchain? Blockchain is an incorruptible peer-to-peer network (a kind of ledger) that allows multiple parties…
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