security & fraud

First Bitcoin Capital Trading Suspended By SEC
First Bitcoin Capital Trading Suspended By SEC
August 25, 2017  |  Bitcoin

The Securities Exchange Commission (SEC) announced Thursday (Aug. 24) it has temporarily suspended trading in the securities of Canada-based company First Bitcoin Capital Corp. (BITCF). In...

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Australia Blames eCommerce, Bitcoin For Uptick In Organized Crime
Australia Blames eCommerce, Bitcoin For Uptick In Organized Crime
August 25, 2017  |  Security & Fraud

Australia is blaming the growth in online banking and digital currencies like Bitcoin for a huge increase in organized crime in the country’s financial sector....

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Mizuho Taps IBM Japan To Enhance Its Risk Management Efforts
Mizuho Taps IBM Japan To Enhance Its Risk Management Efforts
August 25, 2017  |  Security & Fraud

Mizuho Bank and IBM Japan announced Thursday (Aug. 24) Mizuho Bank had begun operations toward more advanced and efficient risk management. The financial institution is employing...

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IRS Warns Of Big Uptick In W2 Email Phishing Scams
IRS Warns Of Big Uptick In W2 Email Phishing Scams
August 22, 2017  |  Security & Fraud

The Internal Revenue Service (IRS) is warning about a cyber crime increase in the number of email phishing scams aimed at gathering information from employees’...

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Nigerians Pay Billions In Bribes — But Why?
Nigerians Pay Billions In Bribes — But Why?
August 21, 2017  |  News

Nigeria’s public officials are reportedly making billions of dollars from bribes each year. According to a report in the Wall Street Journal citing the National...

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Kaspersky Lab Finds New Version Of Faketoken Aimed At Ride Hailing Customers
Kaspersky Lab Finds New Version Of Faketoken Aimed At Ride Hailing Customers
August 18, 2017  |  Security & Fraud

Kaspersky Lab announced Thursday (Aug. 17) it has discovered a new modification of the Faketoken Android Trojan, a mobile banking Trojan that can steal credentials...

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Survey Says Security Professionals Doubt Effectiveness of Encryption Backdoors
Survey Says Security Professionals Doubt Effectiveness of Encryption Backdoors
August 18, 2017  |  Security & Fraud

Venafi, the provider of machine identity protection, announced Thursday (Aug. 17) that, based on survey results, the majority of IT security professionals think encryption backdoors...

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Worldwide IT Security Spending To Hit $86.4B This Year
Worldwide IT Security Spending To Hit $86.4B This Year
August 17, 2017  |  Security & Fraud

Worldwide spending on information security products and services will reach $86.4 billion in 2017, marking a seven percent increase over 2016. That’s according to market...

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UK Attorney Wants Permission To Appeal Mastercard Verdict
UK Attorney Wants Permission To Appeal Mastercard Verdict
August 15, 2017  |  Mastercard

Quinn Emanuel Urquhart & Sullivan, the law firm that lodged a £14 billion consumer collective action against Mastercard, is gearing up to appeal a rejection by...

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