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On the heels of the WannaCry ransomware attack last month, a new ransomware variant, Petya, hit organizations around the world on Tuesday and stopped them in their tracks—including a major law firm. This keeps us up at night and we have empathy for our colleagues. It also has affected at least one U.S. nuclear plant’s…

Senate Bill 398, unanimously passed by the Nevada legislature and signed into law by the Governor on June 5th, represents the most far-reaching state legislation to date concerning the use of blockchain technology. Blockchain is a decentralized database system that can be used to track and manage a broad range of digital transactions.…

My newest hero in the fight against ransomware is Little Red Door Cancer Services of East Central Indiana (Little Red Door). I am sending a donation to it to celebrate its courage in the last few weeks.

Little Red Door is a small not-for-profit agency in Indiana devoted to help cancer victims during their treatment, recovery and end of life. Its mission is to help people suffering with cancer.

On January 11, 2017, TheDarkOverlord attacked Little Red Door with ransomware and demanded a payment of 50 Bitcoin (approximately $43,000) for return of the data. If the ransom wasn’t paid, the threat was that confidential information would be disclosed to the public.
Continue Reading Cancer Services Provider Confronts Ransomware Bully

Blockchain technology, introduced as the magic behind Bitcoin, is being touted by many as the next major disruptive innovation – in global trade and way beyond.

At its core, Blockchain shifts the accounting function from third-party financial institutions and intermediaries to thousands of nodes (computers) on the Blockchain network that collectively maintain a public ledger…

Bitstamp, the third largest Bitcoin exchange in the world and located in Luxembourg, announced on April 25, 2016, that it has obtained a payment institution license from Luxembourg, which means it is the first nationally licensed Bitcoin exchange in the world.

The license was obtained through the European Union’s passport program, which gives reciprocity for…

New York federal prosecutors allege in an unsealed indictment that Trevor Gross, a New Jersey pastor at Hope Cathedral and Chairman of a credit union, was bribed $150,000 by illegal bitcoin traders to complete transactions for Coin.mx.

The unregistered bitcoin exchange was reportedly behind the hacking of a major bank that affected up to 83…

Just another ransomware to worry about—Locky, a ransomware that attacks systems with malicious macros has logged almost a half a million sessions in the U.S.

The infection happens through an email that looks to be an invoice and has a Word attachment—the supposed invoice. The Word document attached to the email includes malicious macros that…