Bitcoin storage service launched in London

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A Bitcoin storage service that is insured against the loss and theft of the digital currency has launched in London. Elliptic Vault uses “deep cold storage”, where private encrypted keys to bitcoins are stored on offline servers and in a secure location. The copies are accessible only via a hanful of Elliptic’s… Read more »

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Yahoo ads targeted in malware attack

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Yahoo have confirmed that their malware attack is far greater than they initially suspected. The malware ad attacks were then said to have occurred during December 31, 2013 – January 3, 2014 and were only affecting European customers. But Yahoo on Friday revealed the attack actually took place between December 27,… Read more »

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Five UK banks are to add ‘Mobile wallet’ to their apps

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Five UK lenders are to add a mobile payment facility called Zapp to their smartphone and tablet apps.It will allow their customers to pay for goods or services in shops or online without the need for cash or a credit card. The firm behind the tech – Vocalink – suggests… Read more »

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Credit card hackers hit Neiman Marcus

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According to independent security researcher Brian Krebs US department store Neiman Marcus confirmed that its database of customers was hacked last month. The Neiman Marcus breach occurred around mid-December, the same time as the Target attack which has seen up to 110 million customers affected. Another similarity to the Target attack is… Read more »

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Target data breach victims soars up to 110m

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This week, Target revealed that information has been stolen from as many as 110m customers in it’s pre-Christmas data breach. This number is substantially more than the amount that Target initially said were affected. The chain also indicated its sales have been hurt by the breach, cutting its forecast for fourth-quarter… Read more »

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Millions of usernames and numbers stolen from Snapchat

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January 1st 2014 saw an unidentified hacker unveiled a database of 4.6 million Snapchat usernames and numbers. The database has since been taken down and users have been reassured that there aren’t many malicious threats posed by someone accessing your Snapchat details. However, this case does highlight the vulnerability of… Read more »

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University of Pennsylvania Health System compromises patient privacy

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The University of Pennsylvania Health System revealed Monday that some patients’ privacy was accidentally breached because of misprinted bills – the mistake was made on behalf their billing vendor, Revspring of Wixom. The company had a malfunction in its printing operation. As a result, some patients received bills containing both… Read more »

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BBC hacked during the Christmas period

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A Russian hacker took over the BBC server and tried to sell the server and its contents to other hackers during the festive season. The BBC’s security team believes it managed to secure the site on Saturday 28 December. It had been broken into via a server usually used for… Read more »

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USB sticks used to rob from cash machines

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Researchers have revealed how cyber criminals cut holes into cash machines in order to plug in USB drives that installed their code onto the ATMs. Details of the attacks on an unnamed European bank’s cash dispensers were presented at the hacker-themed Chaos Computing Congress in Hamburg, Germany. The thefts came to… Read more »

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Loss of mobile phones increasing data loss risk

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More than 15,000 mobile phones were lost on the London Underground in 2013, according to data released, says a v3 report. Raj Samani, security expert at McAfee, said the figures underlined the importance of ensuring adequate device security, because mobiles, tablets and laptops can go missing very easily, as the… Read more »

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