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October 10, 2016

This Anonymous Cryptocurrency Has Privacy Advocates Talking

Monero is an anonymous crypto-currency known for being preferred by dark net’s largest marketplaces, where drugs and illicit goods are sold. Darknet marketplaces were made popular by Ross Ulbricht’s Silk Road, which landed him a lifetime in prison.

The newest cryptocurrency craze preys upon modern privacy concerns. It cites how big banks, corporations, and governments keep tabs on everything in the marketing materials. This is very much similar to Bitcoin’s early marketing. Unlike Bitcoin, which has a 21 million market cap, Monero has none. It was forked from Bytecoin.

“There is no safe place to conduct private transactions,” a marketing video for the crypto-currency [...]

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April 1, 2016

Cryptocurrency for Ransomware May Fuel “Largest Crimewave in Modern History”

A new cybersecurity alert by a private phishing defense firm has released a warning to all organizations that ransomware attacks are expected to increase.

A new alert issued by PhishMe, a phishing defense solutions provider has asserted that ransomware attacks are on the rise and are unlikely to go away anytime soon.

To the contrary, a common consensus among cybersecurity experts and former federal law enforcement officials reveal that the coming together of factors such as exploitable digital data, cryptocurrency ransoms and vulnerable employees might fuel “the largest crimewave” in modern history.

The alert comes on the same day when the United States and [...]

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