17 May 2018 | Blockchain techs | Cryptocurrency | Financial fraud and hacking | News

In a move to help unwary and unwitting investors to identify fraudulent activity associated with the Initial Coin Offerings, the U.S. Securities and Exchange Commission has launched a fake website with the would-be toke crowdsale campaign held by the fictitious travel company.

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2 May 2018 | Blockchain techs | Cryptocurrency | Financial fraud and hacking | News

Trend Micro reported the malicious activity of a notorious Chrome extension that was upgraded to attack cryptocurrency exchanges and slave user machines for illicit cryptocurrency mining activity.

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30 April 2018 | Blockchain techs | Cryptocurrency | Financial fraud and hacking | News

A workshop on fraudulent schemes and scams practiced by con-artists in the cryptocurrency industry will be held by the Federal Trade Commission (FTC) this June. The event will attract various stakeholders across diverse spheres, including law enforcement, consumer protection groups and private business owners.

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4 April 2018 | Banking techs | Blockchain techs | Financial fraud and hacking | News

MonetaGo, a New York-based startup founded in 2014, plans to create the first blockchain network in India designed for combating fraud in the trade finance industry. The project will be jointly implemented with three Indian factoring platforms, such as RXIL, A.TReDS and M1xhange, as reported in the official statement published this week.

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28 March 2018 | Analytics | Articles | Blockchain techs | Financial fraud and hacking

Cyber security is an urgent issue for all modern people living in the era of information, which is transferred over the Internet. Security companies continuously make efforts to develop and upgrade their products aimed at protecting consumer and corporate machines and mobile devices against data breach and other types of cyber-attacks. However, as the practice shows those efforts prove insufficient as attackers are becoming wiser and their actions are getting more sophisticated and ‘ingenious’. Could blockchain become the last word in cyber security, ensuring better data and systems protection?

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