The suspected leader of the criminal gang behind the Cobalt and Carbanak malware campaigns that targeted banks and netted £870 Million has been arrested in Spain. The Carbanak & Cobalt Malware Attacks Cobalt and Carbanak are names of the different generations of malware, increasing in sophistication – 3 were used in all – which the…

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In a move that Facebook says was due to happen before the recent personal data harvesting scandal, the social media giant has updated its privacy tools to make users more informed and in control. 50 Million Profiles Harvested The high-profile outcry that followed revelations over data from 50 million profiles that were harvested for use…

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Coca-Cola, the US State Department, and 2 other companies are working on a project to used blockchain to fight forced labour worldwide. What Is Blockchain? Blockchain is an incorruptible peer-to-peer network (a kind of ledger) that allows multiple parties to transfer value in a secure and transparent way. Blockchain’s Co-Founder Nic Carey describes Blockchain as…

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The latest McAfee Labs threat report shows that in the last quarter of 2017, organisations faced 8 new cyber threats a second as there was an 18% increase in the number of reported security incidents across Europe. 478 New Cyber Threats Every Minute The report makes worrying reading as businesses and organisations try to secure…

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A study has revealed that greater investment in digital technologies and connectivity in rural parts of the UK could add between £12bn and £26.4bn annually to the British economy. Digital Strategy and Investment Needed The study, which was commissioned by Amazon and conducted by think tanks Rural England and Scotland’s Rural College (SRUC), showed that…

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Home Secretary Amber Rudd has unveiled the UK government’s new tool for detecting and blocking online extremist and jihadist content. Publicly Funded The new tool was developed by artificial intelligence company ‘ASI Data Science’ based in London, and was funded using £600,000 of public funds. Tackling A Growing Problem The tool was developed to tackle…

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Network services provider EfficientIP has warned businesses that, in reality, February 15th is the last day that organisations can ensure their real-world compliance with GDPR. I Thought May 25th Was The Deadline? May 25th is the actual date that companies and organisations need to ensure that they are compliant with GDPR. However, the point that…

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Cryptocurrency Bitcoin’s value has now dropped to $6,000, a fall of $13,000 since November 2017. What Is Bitcoin? Bitcoin is a digital web-based currency that operates without the need for central banks and uses highly secure encryption to regulate the currency units and to verify transfers of funds. Bitcoin, which was first produced in 2009,…

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South Wales Police have taken to social media to announce news of the latest arrests made using Automated Facial Recognition (AFR) technology. First Used At Champions League Finals Week The AFR system was first used by South Wales Police last June at the Champions League final at the Millennium Stadium in Cardiff. AFR incorporates facial…

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