Tag Archive for: Exceeds

Bitcoin Exceeds $30k To Hit (Yes Another) All-time High

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Beginning its current glorious bull run at the start of the second week of October when it was valued at $10,500, Bitcoin has today passed the $30k benchmark on a swift and unimpeded rise. Key milestones gave its network an early Christmas, with the price marching from $21,000 on December 16 to over $25,000 by boxing day.

After a year that gave rise to frequent and punctual articles proclaiming new all-time highs, Bitcoin’s ascent has been keenly observed by commentators, who attribute it to a slew of high-profile institutional investors including Anthony Scaramucci, MassMutual and Michael Saylor, who poured more than $1 billion into Bitcoin through his company MicroStrategy. 

Whether it will continue to rise remains open to speculation, though after it briefly flipped the market cap of outspoken crypto-critic Warren Buffett’s company, Berkshire Hathaway, it seems likely Bitcoin will turn even hardened skeptics. It currently sits above Visa, Mastercard and JP Morgan in terms of market capitalization. 

On the other side of the crypto coin (ha!), XRP suffered a historic collapse before the turn of the new year, suffering a 93% downturn in what is perceived as the third largest collapse of all time. XRP’s bleak outlook was compounded at the end of last month when the US Securities and Exchange Commission filed a lawsuit against Ripple over security violations.

One big hitter on Bitcoin’s coattails recently has been Ethereum, which rose by the same amount as Bitcoin in the final week of 2020. 

All the best for 2021!

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

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When Public Reaction Exceeds The Actual Hack : NPR

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A State Department report on Russian online operations to promote conspiracy theories and misinformation. Some analysts also warn of “perception hacks,” when relatively small-scale hacks are uncovered and then widely discussed by government officials, news organizations and on social media.

Jon Elswick/AP


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Jon Elswick/AP

A State Department report on Russian online operations to promote conspiracy theories and misinformation. Some analysts also warn of “perception hacks,” when relatively small-scale hacks are uncovered and then widely discussed by government officials, news organizations and on social media.

Jon Elswick/AP

A Russian group acquired U.S. voter data in at least a couple of states. The Iranians reportedly did the same. President Trump’s campaign website was briefly defaced.

As expected, this election season has brought a series of computer breaches and disinformation efforts coming from other countries. So how do we sort out the serious threats from mere cyber mischief?

There’s no easy answer, but at least there’s a catchphrase: a “perception hack.” This describes a relatively small-scale intrusion that probably won’t cause much actual harm, yet it may have an outsized psychological impact once it’s uncovered and enters the public bloodstream via government officials, news organizations and social media.

“We see malicious actors attempt to play on our collective expectation of wide-spread interference to create the perception that they’re more impactful than they in fact are,” Nathaniel Gleicher, Facebook’s head of security policy, wrote in a blog post. “We call it perception hacking — an attempt to weaponize uncertainty to sow distrust and division.”

In some ways, a perception hack is the flip side of what happened during the 2016 U.S. presidential campaign.

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Average cost of a data breach exceeds $3.8 million, claims report

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Average cost of a data breach exceeds $ 3.8 million, claims report

Data breaches are getting more expensive.

That’s one of the findings of a new global study by the Ponemon Institute that examines the financial impact of a corporate data breach.

Read more in my article on the Tripwire State of Security blog.

Graham Cluley

World record broken again! DDoS attack exceeds 1.7 terabits per second

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World record broken again! DDoS attack exceeds 1.7 terabits per second

Just days after it was revealed that a distributed denial-of-service (DDoS) attack on GitHub had been measured at a record-breaking peak of 1.35 terabits per second, another attack has raced past, and claimed the world record at a mind-blowing 1.7 Tbps.

Read more in my article on the Hot for Security blog.

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Graham Cluley