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Category Archives: Cryptocurrency

Microsoft is changing how you log in to your accounts

Washington Post [unpaywalled]: “As passwords slowly go extinct, Microsoft is introducing another way to log in to your consumer account. The company said Thursday that users logging in to Microsoft 365 workplace software, Copilot, Xbox and Skype can now use “passkeys” rather than traditional passwords or an authenticator app. That means whatever biometric authentication (such as a thumbprint or face ID) you use to open your phone or computer will be all you need to access your Microsoft account. Passkeys are available on desktop and mobile browsers starting Thursday, with support for mobile apps in the coming weeks, the company said. Cybersecurity professionals and organizations such as the FIDO Alliance, an industry group that includes Amazon, Apple, Google and Meta, have been pushing consumer tech companies to retire “shared secret” passwords for the past decade. These passwords aren’t so secret — because people have so many to remember, they constantly lose or forget passwords, which leads to lost time and money for consumers and companies alike. Hackers, meanwhile, steal passwords in data breaches. Last year there were more than 3,000 breaches in the United States alone, according to the Identity Theft Resource Center. Microsoft says its identity systems detect around 4,000 password attacks each second…”

The Continued Threat to Personal Data: Key Factors Behind the 2023 Increase

The Continued Threat to Personal Data: Key Factors Behind the 2023 Increase. Professor Stuart E. Madnick, Ph.D. December 2023: “Around the world, individuals’ most private, most personal data has become a target for cybercriminals. Attacks and data breaches across the globe continue to increase. Even as organizations work to fight back, cybercriminals are constantly finding… Continue Reading

British Library: Ongoing outage caused by ransomware attack

Bleeping Computer: “The British Library confirmed that a ransomware attack is behind a major outage that is still affecting services across several locations. Over 11 million visitors use the library’s website annually, with more than 16,000 people using its collections daily (onsite and online). Its collection includes over 150 million items archived on 625 kilometers… Continue Reading

Pete Recommends – Weekly highlights on cyber security issues, August 26, 2023

Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, August 26, 2023 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the… Continue Reading

Pete Recommends – Weekly highlights on cyber security issues, August 12, 2023

Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, August 12, 2023 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on… Continue Reading

GAO – Blockchain in Finance

GAO Report via YouTube: “Blockchain creates and records tamper-resistant transactions by multiple parties without a central authority, such as a bank, when used for financial transactions. Recent price crashes, bankruptcies, and fraud involving crypto assets, such as bitcoin and other cryptocurrencies, raised concerns about regulation and the risks consumers face. Regulatory gaps may limit regulators’… Continue Reading

Pete Recommends – Weekly highlights on cyber security issues, July 29, 2023

Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, July 29, 2023 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on… Continue Reading

Is A Crypto Collapse Inevitable?

Via LLRX – Is A Crypto Collapse Inevitable? – Jerry Lawson and Elizabeth Southerland identify technical reasons why the crypto bubble is bursting, including the fact that theoretically unbreakable encryption schemes like those underpinning blockchain have proven to be less than impermeable in practice, as users of Coinbase discovered upon losing fortunes. Attackers go after the weakest… Continue Reading

Google Search starts rolling out ChatGPT-style generative AI results If you opt-in to generative AI

Google Blog, May 25, 2023 – “3 new ways generative AI can help you search. We’re starting to open up access to new generative AI capabilities in Search. Here are three ways to try it out. Today, we’re starting to open up access to Search Labs, a new program to access early experiments from Google.… Continue Reading

IOSCO Sets the Standard for Global Crypto Regulation

“IOSCO, the global standard setter for securities markets, has today issued for consultation detailed recommendations to jurisdictions across the globe as to how to regulate crypto-assets. In a major initiative designed to improve global standards of regulation of crypto-assets, IOSCO has set out how clients should be protected and how crypto trading should meet the… Continue Reading

2023 State of Crypto Report: Introducing the State of Crypto Index

a16zcrypto: “Emerging technologies evolve in cycles; in crypto, this includes periods of high activity, followed by so-called crypto winters. In the period marked by our now-annual State of Crypto report, it would be easy for a casual observer to overlook the rapid progress the crypto industry is making. Major infrastructure improvements like The Merge –… Continue Reading