Search Results for: JACK

McAfee Labs Threat Report Shows Concern for Cryptojacking and Blockchain Security Issues

In August 2019, McAfee Lab released a threat report with conclusive statistics stating cryptojacking being an area of concern. Within the Q4 of 2018 and Q1 of 2019, crypto-mining malware campaigns spiked up to 29%. McAfee added that the campaign was non-selective with both macOS and Windows at spotting the rise in the selected attacks.  Interactive command … Continue reading McAfee Labs Threat Report Shows Concern for Cryptojacking and Blockchain Security Issues

Malware Botnets Hijacked Microsoft SQL Databases to Mine Cryptocurrency Causing Concern

Guardicore, a cloud security and data center firm, has issued a report showing how a malware botnet, tracked as Vollgar botnet, has been hijacking Microsoft SQL Server (MS-SQL) databases around the world and forcing them to mine the cryptocurrencies Vollar and Monero. Botnet dangers and potential damage The crypto-mining botnet has been used to create … Continue reading Malware Botnets Hijacked Microsoft SQL Databases to Mine Cryptocurrency Causing Concern

PayPal Will Give Jack Dorsey’s Square a Run for its Cryptocurrency

Payments giant PayPal looks set to roll out cryptocurrency sales services for its 305 million users. Rumors are buzzing in the crypto sphere that payments giant PayPal are set to offer direct cryptocurrency sales for their customer base, which could see them rise up to compete with Jack Dorsey’s fintech Unicorn—Square—in the digital assets space. … Continue reading PayPal Will Give Jack Dorsey’s Square a Run for its Cryptocurrency

SEC Charges Disgraced Lobbyist Jack Abramoff With Fraud for AML Bitcoin ICO

Disgraced political lobbyist Jack Abramoff and Marcus Andrade, CEO of the NAC Foundation, have been charged with fraud by the Securities and Exchange Commission (SEC) for misrepresenting the AML Bitcoin token’s compliance. The pair also face criminal charges with the Department of Justice (DOJ) for money laundering. The SEC filed charges against Abramoff and Andrade … Continue reading SEC Charges Disgraced Lobbyist Jack Abramoff With Fraud for AML Bitcoin ICO

Twitter CEO Jack Dorsey Apologizes for Bitcoin Hack, But Not Before Dutch Politician Was Compromised

Twitter CEO Jack Dorsey came forward on Thursday to apologize thoroughly for his social network company’s failure to prohibit and shut down Bitcoin scam artists’ digital heist of important verified accounts, that ranged from that of tech moguls Elon Musk and Bill Gates to political figure Joe Biden.  The hack was reported to be the biggest one that Twitter has suffered in all of its history, resulting in the seizure of … Continue reading Twitter CEO Jack Dorsey Apologizes for Bitcoin Hack, But Not Before Dutch Politician Was Compromised

Jack Daniel’s Parent Company Brown-Forman Targeted for Ransomware by Notorious REvil

Brown-Forman, Jack Daniel’s parent company and a giant powerhouse in the alcoholic industry, recently suffered a ransomware data breach originating from REvil.  REvil ransomware gang strikes again  One of the largest American-owned spirits and wine companies in the world and the official mother company of Jack Daniel’s whiskey, Brown-Forman disclosed that they had suffered from a cyber-attack in which … Continue reading Jack Daniel’s Parent Company Brown-Forman Targeted for Ransomware by Notorious REvil

Twitter CEO Jack Dorsey Explains Why Bitcoin is "The Best Internet Currency"

Bitcoin (BTC) and decentralized finance (DeFi) tokens have been all the rage lately, with crypto investors anticipating BTC’s next bull run and the DeFi industry exponentially booming in growth. Bitcoin and tech stocks have fallen back At the time of writing, Bitcoin seems to be consolidating at the $10,000 level. Lately, BTC has fallen back, … Continue reading Twitter CEO Jack Dorsey Explains Why Bitcoin is "The Best Internet Currency"

FBI Arrests 2 Hackers for Ransomware and “Crypto-Jacking” Scams, 5 Chinese Suspects Still at Large

The US Department of Justice (DoJ) and the FBI have seized two criminals connected to a cybercrime spree that has targeted over 100 companies in the United States and abroad with malware, ransomware, “crypto-jacking” and more.     Two Suspects Connected to Global Computer Hack Arrested The two culprits were reported to have been working in … Continue reading FBI Arrests 2 Hackers for Ransomware and “Crypto-Jacking” Scams, 5 Chinese Suspects Still at Large

CEO Jack Dorsey On Why the Future of Twitter Lies in Blockchain

Twitter and Square’s CEO Jack Dorsey broached the numerous advantages of Bitcoin and how its underlying blockchain technology is crucial for thwarting off misinformation and security breaches in an increasingly digital world. Speaking to the president of the Human Rights Foundation, Dorsey reiterated that blockchain and Bitcoin (BTC) held the key to preventing data breaches … Continue reading CEO Jack Dorsey On Why the Future of Twitter Lies in Blockchain

Twitter CEO Jack Dorsey Says Coinbase CEO's Apolitical Stance "Leaves People Behind"

Following the move by Coinbase CEO Brian Armstrong to offer severance packages to staff who disagrees with the ‘apolitical’ stance of the company, industry heavyweights including Twitter’s Chief Executive Officer Jack Dorsey has waded into the controversy. Taking to his Twitter handle, Dorsey faulted Armstrong’s position, saying that Bitcoin and cryptocurrencies were are direct activism … Continue reading Twitter CEO Jack Dorsey Says Coinbase CEO's Apolitical Stance "Leaves People Behind"

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