September 8, 2017

codeYesterday the credit reporting company Equifax announced that hackers had breached their security systems and stolen personal information from 143 million customers. Along with names and birthdates, the hackers also obtained social security and driver’s license numbers. These pieces of data are basically gold to identity thieves, allowing them to make purchases, borrow money and more all under the victim’s name. “This is about as bad as it gets,” said World Privacy Forum executive director Pamela Dixon. “If you have Continue reading

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August 22, 2017

max-pixelWhen Bitcoin launched in 2008, a single unit of the mysterious cryptocurrency was worth just a little more than half a cent. Bitcoin’s value remained under a dollar for years afterward, leading many to wonder why anyone would invest in a strange new currency that couldn’t be controlled by any government or company. Besides being seemingly worthless, Bitcoin also operated through a decentralized network of computers whose owner was impossible to verify. This anonymity extended to Bitcoin’s users as well, Continue reading

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June 29, 2017

Christiaan-ColenOn Tuesday Roman Klimenko headed into his Kiev accounting office for work just like he does every day. A few hours after he opened his tax preparation software, however, something went horribly wrong. “The screen became red,” said Klimenko. “A warning appeared, and everything on the hard drive was scrambled.” In a matter of moments he lost all of his filings from last year.

This same situation played out across tens of thousands of Ukrainian computers in that same instant. Continue reading

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virus-attackLast Friday hackers launched a massive cyberattack that targeted hundreds of thousands of users and organizations in more than 150 countries. Using a “ransomware” virus called WannaCry, the malware infected computer systems by locking users out of their files and demanding money to set them free. Regardless of whether the user paid up or not, though, the virus was easily able to spread to other computers linked within the same network. Eventually one lucky researcher discovered a “kill switch” in Continue reading

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