Founder of ‘Liberty Reserve’ Sentenced to 20 years in Prison

In Brief
Arthur Budovsky, co-founder of popular digital currency business ‘Liberty Reserve’, was sentenced Friday to 20 years in prison for running a money laundering scheme for hackers, identity thieves, child pornographers and drug dealers around the… Continue reading Founder of ‘Liberty Reserve’ Sentenced to 20 years in Prison

Want to Use Quantum Computer? IBM launches One for Free

In Brief
What would you do if you get access to a Quantum Computer? IBM Scientists launches the world’s first cloud-based quantum computing technology, calling the IBM Quantum Experience, for anyone to use. It is an online simulator that lets anyone run algorithms and experiments on the company’s five-qubit quantum computer.

Quantum computers are expected to take the computing technology to

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Warning β€” Widely Popular ImageMagick Tool Vulnerable to Remote Code Execution

A serious zero-day vulnerability has been discovered in ImageMagick, a widely popular software tool used by a large number of websites to process user’s photos, which could allow hackers to execute malicious code remotely on servers.

ImageMagick is an open-source image processing library that lets users resize, scale, crop, watermarking and tweak images.

The ImageMagick tool is supported by

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Craig Wright Will Move Satoshi Nakamoto’s Bitcoin to Prove His Claim

Yesterday, BBC broke a story allegedly revealing Craig Wright as the original creator of Bitcoin digital currency Satoshi Nakamoto.

However, the highly skeptical cryptographic community is definitely not yet convinced with the technical proofs Wright has yet provided to the media outlets and on his blog.

Now, Wright has promised to provide further evidence for his claim that he is behind the

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Russian Hacker Who Stole From Banks Ordered to Pay $7 Million

A Russian man who spent about 3 years behind bars in the United States has been spared further prison time but ordered to pay $7 Million to cover damages he caused to banks using a vicious computer virus.

Nikita Vladimirovich Kuzmin was arrested in 20… Continue reading Russian Hacker Who Stole From Banks Ordered to Pay $7 Million

Car Hackers Could Face Life In Prison. That’s Insane!

Yes, you heard it right.

You can now end up your whole life behind bars if you intentionally hack into a vehicle’s electronic system or exploit its internal flaws.

Car Hacking is a hot topic. Today, many automobiles companies are offering cars that r… Continue reading Car Hackers Could Face Life In Prison. That’s Insane!

U.S. Supreme Court allows the FBI to Hack any Computer in the World

In Brief
The US Supreme Court has approved amendments to Rule 41, which now gives judges the authority to issue search warrants, not only for computers located in their jurisdiction but also outside their jurisdiction.

Under the original Rule 41, let’s say, a New York judge can only authorize the FBI to hack into a suspect’s computer in New York.

But the amended rule would now make it

Continue reading U.S. Supreme Court allows the FBI to Hack any Computer in the World