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Wednesday, September 20, 2017
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Bitcoin has lost 25 percent of its value since September 1.
FTC settlement extracts a promise not to do it again and not much else.

Satoshi Bomb

Let us discuss what defines the profitability of bitcoin mining, what principles for mining speed adaptation were initially embedded into it, and why these principles can lead to the failure of the cryptocurrency in the long run.
Norks planning more raids to cover sanction losses, say intel boffins North Korea has emerged as the prime suspect in recent Bitcoin exchange hacks in South Korea, with threat intel experts warning that more attacks on digital currency services and even mainstream banks are likely to follow.…
In one of our previous articles, we analyzed the NeutrinoPOS banker as an example of a constantly evolving malware family.

A week after publication, this Neutrino modification delivered up a new malicious program classified by Kaspersky Lab as Trojan-Banker.Win32.Jimmy.
As Irsquo;ve outlined in my previous posts, we are in the early stages of a digital enterprise transformation tsunami and data is the new currency.

By 2020, IDC predicts 1.7 megabytes of new information will be created for every human being on the planet, every second.

Thatrsquo;s more data than five times the print collection of the Library of Congress.

Every. Year. Never has there been such a motherlode of data for businesses to use to better serve their users and be more efficient.
It is a massive challenge for IT organizations to seize this opportunity and fundamentally transform how they manage data and deliver it as a service to their users.
Itrsquo;s a challenge companies in every industry face, but there are some notable differences in how quickly certain industries have embraced the transformation.To read this article in full or to leave a comment, please click here
In Q2 2017, the average share of spam in global email traffic amounted to 56.97%, which was only 1.07 p.p. more than in the previous quarter. One of the most notable events of this quarter – the WannaCry epidemic – did not go unnoticed by spammers: numerous mass mailings contained offers of assistance in combating the ransomware.
Sucky security leaves MIT cryptoboffins red-faced Cunning hackers have successfully duped investors out of almost $500,000 after compromising the servers of the online currency platform Enigma.…
Fox, meet henhouse An ex-Secret Service agent who stole Bitcoins from the Silk Road dark web drugs bazaar he was supposed to be investigating has admitted stealing even more sacks of the digital currency.…

IT threat evolution Q2 2017

The threat from ransomware continues to grow.

Between April 2016 and March 2017, we blocked ransomware on the computers of 2,581,026 Kaspersky Lab customers.
In May, we saw the biggest ransomware epidemic in history, called WannaCry.
Marcus Hutchins is accused of creating software that became the malware Kronos.
The virtual currency has risen 300-fold over the last five years.