Cybercriminals Demand Ransom in BTC in San Diego Attack

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The IT department of the Port of San Diego battled a cybersecurity breach this week. The Port of San Diego disclosed that a ransomware attack affected its systems. The attackers demanded payment in Bitcoin before they would decrypt the files. Major Attack on Port of San Diego Randa Coniglio is the chief executive officer of … Continue reading “Cybercriminals Demand Ransom in BTC in San Diego Attack”

Facebook Hacked: Blockchain Technology to the Rescue?

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Facebook dropped another bombshell last week. In fact, it revealed an unknown hacker breached the site, compromising the accounts of 50 million users.  Trust is in jeopardy. Worse, not only did the hackers obtain the ability to access the Facebook accounts, they could access other services you use with your Facebook account registration. The latest … Continue reading “Facebook Hacked: Blockchain Technology to the Rescue?”

Cryptocurrency Mining Hacks: What you Must be Aware of Now

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In an industry rife with fraud, scam and hacks, it pays to protect yourself. Year over year, malicious cryptocurrency mining attacks soared nearly 960%, according to IT security firm, Trend Micro. Hacks will get worse, as hackers become craftier Cryptojacking is the unauthorized use of someone else’s computer to mine cryptocurrency. Once a hacker gets … Continue reading “Cryptocurrency Mining Hacks: What you Must be Aware of Now”

NiceHash Repays 60% of Stolen Bitcoin

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NiceHash, the Slovenian bitcoin mining marketplace, repaid about 60% of the about 4,700 BTC stolen. As the price of Bitcoin hit $20,000, the company was hacked.  More than $65 million, or 4,700 BTC was taken. However, the company is now reimbursing users for the loss of Bitcoin In fact, NiceHash tweeted that it successfully completed its … Continue reading “NiceHash Repays 60% of Stolen Bitcoin”

Hacked: Elon Musk Offering Free Cryptocurrencies

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Elon Musk can’t catch a break these days. The CEO is now facing a U.S. SEC inquiry into an eight-word tweet stating that he’s considering taking the company private. Now, apparently he’s offering free Bitcoin and Ethereum to his 22.5 million Twitter followers. If it were true, that’d be awfully nice of him The co-founder of … Continue reading “Hacked: Elon Musk Offering Free Cryptocurrencies”