Bitcoin hit a record high in trading today as the cryptocurrency market continues to boom during the COVID-19 pandemic. The price of bitcoin peaked at $19,829.27 at 10:15 a.m. EST before dropping to $19,158 and then rising slightly once again. Bitcoin was trading at $19,513.32 as of 11:15 p.m. EST. Bitcoin’s previous record high was $19,783.06 on ...

Zoom Video Communications Inc. once again smashed analyst predictions in its quarterly earnings today, but its shares fell in after-hours trading as the company warned that its record growth will not last forever. For the quarter ended Oct. 31, Zoom reported revenue rocketed 367%, to $777.2 million, over the same quarter of 2019 as the company ...

Endemol Shine, the global production company behind television shows such as “Big Brother,” “MasterChef” and “The Voice,” has been struck by a DopplePaymer ransomware attack and sensitive information was stolen. The attack was confirmed Nov. 26 by Banijay SAS, the parent company of Endemol Shine, which described the attack as a cybersecurity incident involving both Endemol ...

Industrial computer manufacturer Advantech Co. Ltd. has been hit with a ransomware attack, and those behind the attack are demanding a ransom of 750 bitcoin ($13.8 million). Based in Taiwan, Advantech is the world’s largest supplier of industrial computers, with a 34% market share as of 2018. The company also manufactures network devices, servers, industrial “internet ...

Suspected North Korean hackers have been targeting employees of U.K.-Swiss drug company and COVID-19 vaccine maker AstraZeneca plc in an attempt to hack the company, according to sources quoted Friday by Reuters. The hackers are said to have been posing as recruiters on sites such as LinkedIn and WhatsApp to approach the company’s staff with fake job ...

The Baltimore County Public School system was forced to cancel classes Wednesday after its computer network was struck by a ransomware attack. According to local reports, the ransomware disabled the school system’s entire network. The attack struck the network Tuesday night. One parent claimed to have been on a virtual school board meeting at 10:30 p.m. ...

U.K. cybersecurity software company Sophos Group plc has suffered a security breach, exposing data relating to some of its customers. The company informed customers via email, describing the breach as involving an “access permission issue in a tool used to store customer information on customers who have contacted Sophos Support.” Although Sophos says only a small subset ...

Networking solutions provider Belden Inc. has been hacked and employee and company data stolen. Described Tuesday by the company as a “data incident involving unauthorized access” and a “sophisticated attack by a party outside the company,” the data theft is said to involve the hackers gaining access to a limited number of company file services. According ...

A hacker has published a list of credentials for nearly 50,000 Fortinet Inc. FortiGate virtual private networking systems connected to the internet that can be exploited using a known vulnerability. The 6.7-gigabyte uncompressed database is being offered on popular hacking forums and is claimed to be “the most complete achieve containing all exploit links and sslvpn ...

International Business Machines Corp. is planning to eliminate about 10,000 jobs from its European services unit to cut costs ahead of a spinoff of the division next year, according to a report today from Bloomberg. The job cuts would affect about 20% of IBM staff in the region, with the biggest cuts coming to offices in the ...