Category: cyber
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Bitcoin As ‘Cyber Manhattan’: Michael Saylor Stands Firm On BTC’s Value As Top Investment
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In a recent interview with CNBC, Michael Saylor, founder and CEO of MicroStrategy, drew an interesting parallel between Bitcoin (BTC) and New York City, referring to the market-leading cryptocurrency as “Cyber Manhattan.” “Every day is a good day to buy Bitcoin” Sailor Express Long-term bullish view on Bitcoin, saying: “We…
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Alaska Airlines website crashes as Cyber Monday sale kicks off, resulting in grounded flights
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A technology issue at Alaska Airlines temporarily grounded flights in Seattle on Monday morning and caused problems into the afternoon for people trying to book flights on its website, Alaska Airlines said. The Seattle-based company said in a statement that the issue Monday morning led to “significant disruption” to its…
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Putin poised to unleash cyber attacks on UK, minister warns
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The UK faces the imminent threat of crippling cyber attacks from Russia, capable of “turning off the lights for millions”, warns a senior minister at NATO’s cyber defense conference in London. Pat McFadyen, Chancellor of the Duchy of Lancaster, is expected to highlight Russia’s willingness to wage cyber warfare targeting…
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Dollar climbs for the week, cyber outage unsettles investors By Reuters
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By Chuck Mikolajczak NEW YORK (Reuters) – The dollar rose on Friday and was on track to end a two-week losing streak as investors fretted over a global computer outage that has hit banks, airlines and broadcasters, although volatility in currency markets was largely contained. A software update by global…
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Traders eye return to business as usual after cyber outage, issues remain By Reuters
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LONDON/NEW YORK (Reuters) – Trading returned to normal on Friday after a global technology outage that disrupted operations at financial firms from London to Singapore and New York, although some problems remained, including an outage at some JPMorgan Chase ATMs. A software update has wreaked havoc on computer systems worldwide,…
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Russian duo confess to cyber heist that forced $500 million in ransom payments
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Two Russian nationals have pleaded guilty to their roles in ransomware attacks in the United States, Asia, Europe and Africa on behalf of the notorious hacking gang known as LockBit. Ruslan Magomedovich Astamirov And Mikhail Vasiliev They admitted to helping spread the ransomware variant, which first appeared in 2020. It…
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Crypto cyber gang FIN9 indicted in a $71m operation
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The FBI has charged four members of the notorious FIN9 group with organizing cryptocurrency-related hacking attacks on US companies, resulting in losses of more than $71 million. FIN9 members – Ta Van Thai, Nguyen Viet Quoc, Nguyen Trang Xuyen, Nguyen Van Trung – allegedly hacked into the computer networks of…
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Russia-linked cyber attacks on Europe have doubled since 2023, top EU cybersecurity official says
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Destroyer Digital attacksThe number of such attacks, many of which have been traced to Russian-backed groups, has doubled in the European Union in recent months, and are also targeting election-related services, according to the EU’s top cybersecurity official. Geopolitically motivated attacks have risen steadily since then, Johan Lepassar, head of…
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Gen reports robust FY2024 results, bullish on cyber safety By Investing.com
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In a recent earnings call, Gen Digital Inc (GEN) discussed its financial performance for the fourth quarter and the full fiscal year of 2024. CEO Vincent Pilette and CFO Natalie Derse detailed the company’s strong operating results, significant growth in revenue, and strategic achievements. Pilette emphasized the escalating cyber risks…