FBI Claims Arrested Cyber Crime Syndicate Co-Founder Medvedev Worth $800M+ in BTC (news.bitcoin.com)

The Federal Bureau of Investigation (FBI) has claimed that Sergey Sergeyvich Medvedev, a Russian national recently arrested in Bangkok, was the co-founder and second in command of the Infraud group – a notorious international cyber crime syndicate. It has been reported that at the time of his arrest, Mr. Medvedev was in possession of more than 100,000 bitcoins.
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Can YOUR bitcoin be hacked? Security expert warns cyber attacks WILL get worse

A security expert has warned investors to keep digital tokens safe, claiming it is “only the beginning” for bitcoin. Tyler Moffitt, senior threat research analyst at Webroot, stressed the importance of keeping your bitcoin safe in the wake of numerous cyber attacks on wallet providers and crypto exchanges.
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Bitcoin Ups and Downs, Securing 'Star Wars', TIME's New Cyber Book

I'm kicking off the new year with a first: I wrote the introduction to an upcoming book about “the unseen internet” published by Fortune's sister TIME. This special edition, which covers hacking, cyberespionage, digital security, and more, goes on sale next week. You can preorder a copy here. In lieu of …
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Bitcoin price rise could lead to smart home attacks that cause electricity bills to rise, cyber security …

People's homes could come under attack as a consequence of bitcoin's price surge, a cyber security expert has warned. “Cryptojacking” incidents, in which people's devices are quietly hijacked and forced to mine digital currencies for other people, are on the rise. However, it's not just regular computers …
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A Former university student pleaded guilty to launching cyber attack (deepd.tw)

21-year-old Paras Jha, from Fanwood, has pleaded guilty to launching malware attack on the Rutgers University computers. He implanted the malware in an IoT device which gave him access to hold all university data under captive.
He was a former student of the Rutgers University, and his knowledge of the data system of the school was…

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New Zealand Reserve Bank Lax on Cyber and Crypto Regulations (news.bitcoin.com)

In recent statements addressing contemporary cyber threats, including those pertaining to cryptocurrency cyber crime such as ransomware, the New Zealand Reserve Bank has rejected calls for enhanced and intrusive regulations.
Also Read: New Zealand Exchange Bitnz Shuts Down Due to ‘Banking Hostility’
“The Dynamic Cyber Environment Means…

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