Tag: bitcoin

Web-hosting firm agrees to pay over $1 million to ransomware extortionists

June 20, 2017

Nayana, a South Korean web hosting firm, was hit hard by a ransomware attack earlier this month which hit over 153 of its Linux servers, and impacting over 3,400 websites the company hosts for its business customers. Nayana’s systems are thought to have been hit by a Linux variant of the Erebus ransomware, designed to … More Web-hosting firm agrees to pay over $1 million to ransomware extortionists

Jigsaw and how ransomware is becoming more aggressive with new capabilities

May 4, 2016

There is no doubt that criminals have found a mechanism in ransomware enabling them to obtain significant benefits with relatively little effort. And the information stored by computers is much more important than we think, although many users only realize this when they lose access. “Jigsaw is an example of the tests that the creators … More Jigsaw and how ransomware is becoming more aggressive with new capabilities

Russians embrace Bitcoins, the West sticks with PayPal

December 2, 2015

One day, as you’re busy surfing on one of your favorite online stores, you stumble upon a pair of chic shades … they’re the very ones you’ve been looking for, for quite some time. And that’s not it. Best of all, they are really cheap. So you add the sunglasses to your shopping cart, proceed … More Russians embrace Bitcoins, the West sticks with PayPal

Bitcoin community ‘needs to collaborate’ over security and scalability

September 3, 2015

The Bitcoin community has been urged by some of its most prominent members to do more to achieve “technical consensus” over security and scalability. More than 30 developers and contributors involved with the virtual currency – also known as cryptocurrency – have come together to submit an open letter calling on influential figures and organisations … More Bitcoin community ‘needs to collaborate’ over security and scalability