During the halftime show of this year’s Super Bowl, a floating QR code took a star turn in a prominently placed advertisement from cryptocurrency exchange platform Coinbase. So many people reportedly followed the link from the QR code that the resulting traffic overwhelmed and crashed the Coinbase website landing page. The convenience of the code clearly worked, but while QR codes may be a welcome convenience, they may also be a potential tool for the commission of fraud.
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QR Codes – Consumer Convenience or Fraudulent Contrivance? Posted on: March 07, 2022 In: Data Privacy & Cybersecurity
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It’s a Bird, It’s a Plane, No… It’s Cryptojacking! Posted on: February 27, 2019 In: Data Privacy & Cybersecurity
You attempt to log on to your computer, but it is non-responsive. Other users are also having trouble logging on. The system becomes so slow that it is non-functional. Is it an encryption attack? Is there some sort of malware affecting the network that will result in some form of extortionate demand? Or is it something else? Could it be that someone has “cryptojacked” the network?
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Lack of Code Diversity in Cryptocurrency Ethereum May be Propagating Bad Code Posted on: November 12, 2018 In: Data Privacy & Cybersecurity
Ethereum, one of the most popular cryptocurrencies with a market cap of more than $21.8 billon, is causing serious anxiety in the cryptocurrency marketplace. Code integrity concerns have resulted in $170 million in cryptocurrency being frozen, and one recent security compromise caused $38,000 in losses to users. New research has further heightened concerns about the coin’s ecosystem itself.
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