22nd February 2018
MPs have launched an inquiry into cryptocurrencies and the technology behind them. The Treasury Committee said it wants to understand the risks and benefits of digital money following an explosion of interest – and investment – in them. The MPs will cover the role of digital currencies in the UK,… Read More
19th February 2018
The United Kingdom is keen to have a relationship with the European Union where officials can continue to speedily share intelligence, biometrics and other data after Brexit, the head of Britain’s National Crime Agency (NCA) has said. The NCA has benefited from EU policing partnership in tackling crimes such… Read More
18th February 2018
Unknown hackers stole 339.5 million roubles ($6 million) from a Russian bank last year in an attack using the SWIFT international payments messaging system, the Russian central bank said on Friday. The disclosure, buried at the bottom of a central bank report on digital thefts in the Russian banking sector,… Read More
14th February 2018
Thousands of people continue to fall victim to romance fraud in the United Kingdom, where victims were conned out of £41 million in 2017 alone. The figure was released by City of London police ahead of Valentine’s Day, said Action Fraud, a UK-based organisation which received 3,557 romance frauds reports… Read More
14th February 2018
Equifax is facing a fresh demand to disclose the full extent of last year’s data breach, following a report that it was bigger than previously disclosed. The Wall Street Journal (WSJ) reported on Friday that cyber-thieves had accessed US citizens’ email addresses, tax ID numbers and more driver licence information… Read More
13th February 2018
Gibraltar has started working on what it says are the world’s first rules for initial coin offerings, following feedback on a consultation on digital assets. A bill is expected to be considered by Parliament in the second quarter of this year. The British overseas territory has already introduced a… Read More
12th February 2018
A number of UK government websites have been targeted by hackers looking to use them to secretly mine or generate virtual money. As part of the operation, anyone who visited a website with the Browsealoud library embedded ran a mining code on their computer inadvertently, helping generate money for… Read More
7th February 2018
Dozens of members of transnational online enterprise Infraud have been charged over their alleged involvement with the organisation, which resulted in over $530 million in losses to US financial institutions, merchants and consumers. The Department of Justice (DoJ) said the case is one of the largest cyber fraud enterprise… Read More
6th February 2018
India is planning steps to ensure cryptocurrencies are illegal within its payments system, while at the same time appointing a regulator to oversee unregulated exchanges that trade in “crypto assets,” a finance ministry official said on Monday. A panel set by the government to look into issues relating to cryptocurrencies… Read More
5th February 2018
UK-based Lauri Love, accused of hacking into the US Central Bank, the FBI and Nasa systems, has won an appeal against his extradition to the US. High Court judges said on Monday they considered evidence that extradition would cause him severe depression and that he could probably commit suicide. Read More