Biden Puts a $10M Bounty on Foreign Hackers

Plus: REvil goes dark, spyware runs amok, and more of the week’s top security news. Powered by...

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Biden’s Cybersecurity Team Gets Crowded at the Top

It’s a lot of talent, but the US now has five overlapping roles jockeying for limited budgets, authorities, and bureaucratic victories. Powered by WPeMatico

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Ukraine’s ‘Largest Illegal’ Mining Facility May Have Been a FIFA Bot Farm
Jul18

Ukraine’s ‘Largest Illegal’ Mining Facility May Have Been a FIFA Bot Farm

A data center busted by Ukrainian law enforcement this month for suspected electricity theft may have had a purpose different from mining cryptocurrencies. Ukraine’s security service described the facility as the “largest underground crypto farm” found to date but media reports are challenging that assertion. Ukrainian Company Files Complaints Against SBU Raid on Its Facility Earlier in July, the Security Service of Ukraine (SBU)...

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Dolce & Gabbana to Launch High Fashion-Inspired NFT Collection in Venice
Jul18

Dolce & Gabbana to Launch High Fashion-Inspired NFT Collection in Venice

This week the Italian luxury fashion house founded in 1985 in Legnano by Italian designers Domenico Dolce and Stefano Gabbana has announced the firm is launching a non-fungible token (NFT) collection. Dolce & Gabbana also known as D&G will reveal the first-ever Alta Moda NFT collection called “DGGenesi.” D&G to Reveal Alta Moda-Inspired NFT Collection Well known name brands have invaded the crypto space in order to join...

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Bank of England’s Deputy Governor: Cryptocurrencies Aren’t Big Enough to Pose Financial Stability Risk
Jul18

Bank of England’s Deputy Governor: Cryptocurrencies Aren’t Big Enough to Pose Financial Stability Risk

Bank of England Deputy Governor Jon Cunliffe believes that cryptocurrencies are not big enough to pose financial stability risk. “They’re not of the size that they would cause financial stability risk, and they’re not connected deeply into the standing financial system,” said the deputy governor. Crypto Poses No Financial Stability Risk, Says Deputy Governor of Bank of England Jon Cunliffe, the deputy governor of the Bank of England,...

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