Expedia’s Orbitz hacking exposes 880,000 customer details

A subsidiary of Expedia, Orbitz, an online travel booking company, has been hacked.  The data breach incident was detected in March 2018, however, the hacking probably took place between October 2016 and December 2017.     Customer details such as name, address, date of birth, phone number, email address and gender may have been accessed by the hacker.  According to the company who worked closely with cybersecurity experts and law enforcement, social security numbers for US customers were not compromised.   All customers were advised to monitor their credit card…

Read More

Australian government takes Cybersecurity seriously with ‘world-leading’ approach

Cybercrime is a daily event and becoming more serious thus making it vital for governements, businesses and individuals to improve their cybersecurity. The Australian Minister for Law Enforcement and Cyber Security Angus Taylor told ZDNet that Australia has the global lead and thus an opportunity to create a local industry that will thrive.     Angus Taylor said the approach to Cybersecurity must be a mix of centralised and devolved as reported by ZDNet – “I wouldn’t say it’s purely devolved, that wouldn’t work. We have a minister for cybersecurity…

Read More

Privacy Coin on the Verge of losing 1 Billion

Rumours circulated  1 billion XVG (or about 6% of the total supply) were stolen by hackers when the cryptocurrency Verge had their Twitter account hacked and its developer’s private details shared.     The hacker then bragged about the feat to the account’s 265,000 followers and attempted to scam them out of verge (XVG) cryptocurrency.   The price of XVG had dipped in value, and it remains 5% lower against BTC today.   Full story: –  Privacy Coin Twitter hacked and Developer Doxed     This story is a stark…

Read More

Decentralized vs Centralized Bitcoin Exchanges, Binance wants both

Binance has just announced that they plan to develop a public blockchain in order to create a new exchange.  This time, a decentralized exchange.     Taken from the Binance statement:- “After extensively researching decentralized exchange frameworks and analyzing existing implementations, we believe significant improvements can be made in providing Binance users with a level of trading experience to which they are already accustomed. Centralized and Decentralized exchanges will co-exist in the near future, complementing each other, while also having interdependence. We stand here today because we believe that Blockchain…

Read More

Security and Hacking concerns for IoT Devices

In a recent interview with CNBC, Sen. Mark Warner voiced concerns regarding the security of devices connected to the internet, know as IoT.       “The challenge has been so far is the devices makers on the higher end are happy to help, but if somebody is selling a cheap appliance or a cheap sensor and it costs $10 or $15, they don’t want to spend the extra $0.15 or $1 to put in basic security,” Warner said to CNBC.      This is a real concern as Gartner…

Read More

How to find the best Bitcoin Trading Platform or Exchange

Exchanges are often in the news, either due to listing of new crypto / ICO token; customer service issues or loss of crypto due to hacking.     There have been numerous exchange hacks in the lifetime of Bitcoin with the most famous one being Tokyo based Mt.Gox where approximately 850,000 bitcoins belonging to customers and the company were missing and likely stolen from their hot wallet.  Hot wallets are connected to the internet and as a result, vulnerable to hacking. This was an amount valued at more than $450…

Read More

How Hackers Could Cause Global Chaos

Barrett Brown is a criminal connected to Anonymous, a group that hacked a private security firm to reveal secrets. He is now out and living in a halfway house in Dallas.     He had time while spending a year in a prison cell thinking about what he might do when he got out.   He says he is now ready to change, so next time he gets involved in hacking a corporation he is able to inflict maximum damage.   “Certainly, I haven’t gotten any less militant in the…

Read More

Free Bitcoin at Japanese Exchange

TOKYO (Reuters) – A blunder at a Japanese cryptocurrency exchange let investors briefly buy bitcoins for free – though none were able to profit from the mistake.     Reuters reported that Zaif, a government-registered exchange run by Osaka-based Tech Bureau Corp, said on Tuesday that a system glitch had let seven customers buy bitcoin with no yen value during a 20-minute window last week.   The trades were voided by the exchange but the issue was unresolved as one customer tried to transfer the purchased Bitcoin.   Full Story:…

Read More

All your Devices can be Hacked – IOT needs EOT

  In this Ted talk, computer science professor, Avi Rubin takes us on a journey of hacking that will astound you.   Implanted medical devices   The pacemaker was invented in 1926 but the real interest from a computer security perspective started in 2006 when they were given networking capabilities. Now what a research team did was they got their hands on what’s called an ICD. This is a defibrillator, and this is a device that goes into a person to control their heart rhythm, and these have saved many…

Read More

How to Hack Bitcoin

  Bitcoin users are quick to point out that Bitcoin cannot be hacked but the sad fact is that millions of dollars worth of bitcoins have been stolen by hackers over the last few years and the problem is on the increase.     Recently $64 Million worth of Bitcoin was stolen from Slovenian mining operation, Nicehash. Full story – https://www.theguardian.com/technology/2017/dec/07/bitcoin-64m-cryptocurrency-stolen-hack-attack-marketplace-nicehash-passwords   What are the most popular ways to hack Bitcoin?     Stealing Private Keys; The first thing to understand is that no one really owns a Bitcoin. The public bitcoin…

Read More