Binance to increase security following hack

Following a hack that saw $41 million bitcoins stolen, Binance pledges to significantly increase its security. In a blog post released today, CEO Changpeng Zhao announced that Binance are to “significantly revamp” the company’s security measures, procedures and practices, following the large scale data breach. “We are making significant changes to the API, 2FA, and […]

The Irish Data Protection Commissioner opens investigations into 17 multinational tech companies

Speaking at the US Senate hearing, Helen Dixon has opened more than 50 investigations, some of which are expected to conclude by the end of the summer. The 50 investigations include domestic companies, public sector bodies and tech giants. Out of the 17 multinational technology companies being investigated, eight of them involve Facebook, whilst others […]

Small businesses and GDPR: don’t let words from the regulator lull you into a false sense of security

Small businesses were taking comfort from words of re-assurance from the UK privacy regulator, but that does not mean they don’t need to worry about GDPR, suggest experts. “It is nonsense to think that the ICO (Information Commissioner’s Office) is going to be making early examples of small businesses by levying large fines,” suggested Elizabeth […]

Experts warn of the continuing rise of ransomware attacks on internet-connected gadgets

New research this week by National Crime Agency and National Cyber Security Centre revealed that a particular kind of security breach, ransomware, has grown significantly over the past year, with the popularity of internet-connected gadgets increasing the risk of attacks for consumers. The report stated that more devices connecting to the internet means that criminals have […]