Blockchain bandits hit crypto start-ups
There is a growing interest by hackers in fledgling firms seeking to build businesses around blockchains and digital currencies. That is troubling given the current…
$10 router blamed in Bangladesh bank hack
Hackers managed to steal £56 million from Bangladesh’s central bank because it skimped on network hardware and security software. The bank had no firewall and…
Electronic betting machines- the crack cocaine of the gambling industry
Gamblers in Wales alone have spent more than £1.5 billion on electronic betting machines found in bookmakers and casinos last year according to new research.It…
Have chip and pin cards had their day?
The search for a fraudproof credit card system means that the days of chip and pin cards- which we were told were fraudproof- may be…
America is main source of EU credit card fraud according to Europol
Data breaches from America account for most of the credit card fraud affecting the EU according to the Europol police report.Criminal gangs are making about…
Internet account passwords- UK users need 22
UK Internet users have an average of 22 password protected accounts, according to a survey.But many people put themselves at risk of theft by using…
Google’s boss is proud of tax avoidance
Google’s tax avoidance is called ‘capitalism’- says chairman Eric Schmidt.Google chairman Eric Schmidt has insisted that he is “very proud” of the company’s tax structure,…
Blackberry launches free wi-fi calls
Blackberry has become the latest smartphone company to offer free wi-fi calls to users via its own software.Research In Motion (RIM) has added the facility…
GCHQ recruiting Generation Xbox for spy jobs
Up to 100 members of “Generation Xbox” will be offered a career by GCHQ security services under a scheme announced by Foreign Secretary William Hague.The…
Chip and pin credit card weakness exposed by Cambridge researchers
Chip and pin credit card payment machines could effectively be cloned by exploiting a security flaw claim researchers.Credit cards were found to be open to…