Cisco Cuts Off $30 Million Ransomware Hacking Operation

Adobe Flash

The malware used vulnerabilities in Flash and Java to access users computers. Cisco has disrupted a browser-based malware tool which is known for taking computers hostage and demanding a ransom for users to regain access to their computer. The company said unnamed hackers used the Angler Exploit Kit to take advantage of vulnerabilities in common browser More...

by James Li | Published 9 years ago
By James Li On Tuesday, September 22nd, 2015

Groupon Leaves 7 Emerging Markets And Cuts 1,100 Jobs

Last month Groupon closed offices in Greece and Turkey. Groupon, the deal offering application is making 1,100 people redundant, roughly 10% of its workforce as it shuts down operations in seven countries. The company’s More...

By James Li On Tuesday, August 18th, 2015

Facebook Hacker Pleads Guilty To Compromising Thousands Of Accounts

Crocker made money by offering to send commercial messages to accounts. A New York hacker who used the alias Phastman on the hacking forum Darkode hijacked more than 77,000 Facebook users profiles and used them More...

Black Hat Conference
By James Li On Thursday, August 6th, 2015

Black Hat Conference Keynote Speech Urges Hackers To Protect Internet Freedom

The time of an open and free Internet is withering away by overregulation, censorship and laws that don’t stop the right people said Jennifer Grannick director of Civil Liberties at the Stanford Center for Internet More...

By James Li On Saturday, August 1st, 2015

Uber Is Now Valued At $51 Billion Following Its Latest Round Of Funding

Uber has now rolled out its service to more than 50 countries worldwide. The fast growing taxi application service Uber has just finished its most recent round of funding which values the company at an impressive More...

By James Li On Monday, July 13th, 2015

Apple Places Cautious Orders For New iPad Pro Expected In November

The iPad Pro’s screen is expected to be a similar size to the 13-inch Macbook. Earlier today the Digitimes released information from Apple’s upstream supply chain that it is set to launch a larger iPad called More...