Hackers make $3.25 billion per year from social media cybercrime

Limited security and a lack of strict regulation regarding social media-related cybercrime have allowed hackers to make a yearly profit of at least $3.25 billion from these platforms alone, says a study by Dr. Mike McGuire, Senior Lecturer in Criminolo… Continue reading Hackers make $3.25 billion per year from social media cybercrime

Chinese headmaster fired after setting up his own secret cryptomining rig at school

A Chinese headmaster has lost his job after it was discovered he was stealing the school’s electricity to power a secret cryptocurrency-mining rig. As the South China Morning Post reports, Lei Hua, the head teacher of a school in the central prov… Continue reading Chinese headmaster fired after setting up his own secret cryptomining rig at school