The accounts of 76 million households and 7 million businesses were compromised after a cyber attack on JP Morgan Chase that happened this summer. This intrusion is one of the largest of its kind, although previous estimates hadn’t correctly assessed its impact. The details of the breach were disclosed on Thursday in a securities filing and came to light in a time when consumer trust in digital … [Read more...]
Bitcoin prospects in dark after $2.7 million heist
The last few days have been tough for Bitcoin as it suffered three setbacks one after another. The three top exchanges halted its withdrawals, a reported heist of $2.7 million and the exploitation of a flaw in the Bitcoin protocol all leading to a common question- Are the end-times coming to Bitcoin? Bitcoin is an experimental decentralized digital currency that enables instant payments to … [Read more...]