IOTA Foundation behind the IOTA cryptocurrency was forced to shut down its entire network following a cyber attack that resulted in the theft of funds. Hackers have exploited a vulnerability in the official IOTA wallet to steal funds from the users. In response to the incident, the IOTA Foundation, the nonprofit organization behind the IOTA […]
An American was charged with money laundering while operating the dark web Helix Bitcoin mixer service between 2014 and 2017. Larry Dean Harmon (36), from Akron, Ohio, was charged with laundering more than $310 million worth of Bitcoin while he was operating a Darknet-based cryptocurrency laundering service between 2014 and 2017. According to three-count indictment […]
Swiss authorities are investigating into allegations the company Crypto AG, a Switzerland-based maker of encryption devices, was a front company for the CIA and German intelligence. According to a joint report published by Germanyâs ZDF public broadcaster and The Washington Post the Swiss-based firm Crypto AG was operating for CIA and the German Intelligence agency providing […]
Unauthorized use of customer information by Woori Bank, ‘crime act’ for customers. The bank changed 23,000 passwords in 2018 without consent. It is controversial that Woori Bank changed the passwords of 23,000 customer dormant accounts without consent in July 2018. The accounts are deactivated if there is no transaction for one year after their opening. […]
The Italy-based cryptocurrency exchange Altsbit announced that it has suffered a security breach that led to the theft of its customer’s funds. Crypto-currency exchange Altsbit recently disclosed a security breach, the company claimed that hackers have stolen almost all its customers’ deposits. The Italian cryptocurrency trading firm disclosed the incident on February 5, only a “small […]
Russia’s Roskomnadzor watchdog wants to fine Facebook and Twitter after they refused to store data of Russian users on servers located in the country. Russia’s telecommunications watchdog Roskomnadzor has instituted administrative proceedings against Facebook and Twitter after they refused to store data of Russian users on servers located in the country. “On January 31, 2020, Roskomnadzor instituted administrative […]
The popular ProtonMail end-to-end encrypted email service and ProtonVPN VPN service have been blocked by the Russian government this week. This week the Russian government has blocked the ProtonMail end-to-end encrypted email service and ProtonVPN VPN service. Roskomnadzor explained that the services were abused by cybercriminals and that Proton Technologies refused to register them with state authorities. The […]
A German privacy watchdog is investigating into clothing retailer H&M because it was allegedly spying on its customer service representatives in Germany. Hamburgâs data protection commissioner has launched an investigation into Swedish clothing retailer H&M (Hennes & Mauritz) amid evidence that the company was spying on its customer service representatives in Germany. According to the […]
The NIST released version 1.0 of Privacy Framework, it is a tool designed to help organizations to manage privacy risks. The National Institute of Standards and Technology (NIST) has published the release version 1.0 of its privacy framework. The Framework is a voluntary tool that can be used by organizations to manage risks in compliance […]
5G technology is here, it is the right time to discuss security and privacy in smart cities and their possible evolution. After a long talk and eagerly waiting, finally, 5G technology is here. The 5G tech is fast â really fast, and now, ‘true’ smart cities are just about time to turn into reality. But […]