Is Bitcoin set to become the currency of choice for cyber criminals? It certainly looks that way. Bitcoin is an untraceable virtual currency that’s ideal for cyber criminals. It’s not backed by any central bank and can be transferred between any two people anywhere.
With every new tablet, computer, GPS system in a vehicle and even healthcare assets like pacemakers, the opportunities for cyber criminals appear to be endless.
As a result, cyber crimes are becoming increasingly sophisticated, techniques have evolved which is why here at BullGuard we do our best to keep you educated on the latest updates so that you’re always one step ahead of the cyber criminals.
A particularly nasty piece of malware, called CryptoLocker, is now targeting home internet users, after initially focusing on professional users. It first surfaced in early September 2013 and prevents people from using their computers by locking the screen and holding files for ransom. This includes photos, music files, word documents and other information and of course all of your online identity information.
We’ve just run a blog about the Adobe hack stating that 38 million personal records had been hacked. This was the figure the company gave. However, this appears to be incorrect and the true number is closer to a staggering 153 million or to be precise 153,004,874.
It’s a distressing subject and one that understandably most people want to turn their heads away from, but just a few days ago it was revealed that Terre des Hommes, a Swiss-based campaigning group, had snared 20,000 predators in an online honey trap.