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Things worth reading: 15th March 2017

Chris Skinner

The post Things worth reading: 15th March 2017 appeared first on Chris Skinner's blog.

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Does Trump’s Cybersecurity Platform Have A Leg To Stand On?

PYMNTS

First, the bank’s fraud system detected suspicious activity , which led to thousands of customer cards being blocked from usage. Just days later, the fraud scare actually became reality. The National Cyber Security Centre (NCSC) in the U.K. Hackers Lift $3M From Tesco Bank. The bank reported on Tuesday (Nov. 8) that £2.5

Las Vegas 173
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Global Cyber Attack Hits 100k Institutions In 150 Countries

PYMNTS

“The NHS has experienced a major cyber-attack, we are working with law enforcement and our advice will follow shortly!” Action Fraud, the U.K.’s The National Cyber Security Center said: “We are aware of [the] cyber incident, and we are working with NHS Digital and the National Crime Agency to investigate.”.

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Flagstar paid $1 million bitcoin ransom in 2021, case filings show

American Banker

The attack is one of three major incidents the lender has suffered in the past three years.

Bitcoin 71
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Hacker hijacked phone number to post fake SEC tweet

American Banker

SEC Chairman Gary Gensler clarified Tuesday that a post on X from the official SEC account that the commission had approved bitcoin ETFs was the result of a hack. X said the SEC did not have multifactor authentication enabled on its account.

Bitcoin 50
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North Korea Likely Behind Ransomware Attacks, According To Symantec

PYMNTS

North Korea is the likely culprit behind the WannaCry cyber attack that managed to infect 300,000 computers worldwide. That comes care of cyber security firm Symantec, which confirms its researchers found multiple links between early versions of WannaCry and the code in previous outings by the North Korea-backed hacking group.

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Doing something about cybercrime, cyberterrorism and cybersubversion (not)

Tomorrow's Transactions

The nice people at the Fraud Advisory Panel invited me along to their expert stakeholder roundtable on “Protecting Consumers and Reducing Opportunities for Cybercrime”. Naturally the conversation began with tales of the Dark Net, pedophile exchanges and assassination marketplaces but it quickly turned into a discussion about Bitcoin.