Trillions of botnet requests have driven a massive increase in credential abuse, with more than 40 percent of login attempts found to be malicious, according to a newly published report. The number comes from Akamai Technologies Inc.’s Fourth Quarter 2017 State of the Internet/Security Report, which detected a staggering 7.3 trillion botnet requests per month. That headline number breaks down ...

Sixteen cryptocurrency exchanges in Japan are joining forces to create a self-regulating body that will oversee crypto markets within the country in response to the hack of the Coincheck exchange in January, Reuters reported today. The as yet to be named body could be formed as soon as next week and comes after a failed attempt to merge two ...

Venezuela is set to become the first country to launch its own cryptocurrency, as the failing socialist state today launched a presale as part of an initial coin offering. Announced by President Nicolas Maduro in December, the “Petro” will allegedly be backed by Venezuela’s oil reserves and is squarely aimed at bypassing U.S. trade sanctions — or as Maduro ...

Updated: Elon Musk may be able to send a Tesla Inc. vehicle into space, but apparently his staff can’t secure data online so easily. A shocking report released this morning details the theft of data from the electric car company, blaming it on gross staff incompetency. According to researchers at cloud security firm RedLock Ltd., hackers ...

Bitcoin’s bull run continued today as its price traded above $11,000 for the first time since Jan. 28. One reason: An anonymous investor is reported to have purchased approximately 41,000 bitcoin valued at $344 million. That’s seen by many as a sign that serious money is flooding back into the market. The so-called “bitcoin whale” made the bitcoin purchases ...

Google LLC has gone public with the details of a critical security flaw in Microsoft Corp.’s Edge web browser after Microsoft failed to patch the vulnerability despite being given a 90 day deadline to do so. The vulnerability relates to an issue with Arbitrary Code Guard, a security measure added to Edge last April as part of the ...

Global attention on the legal status of cryptocurrencies is heating up, suggesting that governments are getting serious about regulating the fast-growing digital assets. Both the United States and Israel are joining a number of nations around the world that are considering new laws or have made rulings in relation to how cryptocurrencies are handled. In the ...

Encrypted-messaging startup Telegram Messenger LLC has raised a breathtaking $850 million in a pre-initial coin offering this weekend, but not everyone is impressed with the news. The ICO, first reported in January, is intended to allow Telegram to develop a messaging and commerce platform on a new blockchain called TON. The GRAM tokens sold in the ...

Bitcoin miners using one of the most popular brands of mining hardware could potentially find that hardware banned after the U.S. Federal Communications Commission shut down a New York City mining operation because it interfered with mobile data networks. The shutdown, detailed in a letter Thursday, related to complaints from T-Mobile that radio transmissions from a Brooklyn address were ...

Intel Corp. is now facing 35 lawsuits either directly or indirectly related to the “Meltdown” and “Spectre” critical vulnerabilities in its central processing unit chips. Disclosed in a Securities and Exchange Commission filing by Intel on Friday, the largest number of lawsuits, 30 so far, are customer class action lawsuits that generally represent users who claim to ...