• What is Bitcoin?

    Posted: Saturday, January 13, 2018 @ 07:04 AM - by karchdale, Views (0)

    Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator.

    The network is peer-to-peer and transactions take place between users directly, without an intermediary.

    These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain.

    Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.

    Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Research produced by the University of Cambridge estimates that in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.


  • Weak passwords are still the root cause of data breaches

    Posted: Monday, January 16, 2017 @ 18:43 PM - by karchdale, Views (282)

    Key findings of a new study conducted by Keeper Security that analyzed 10 million hacked accounts from breached data dumps for the most popular passwords.
    Users' bad habits are still one of the biggest problems for the IT industry, weak passwords and their reuse on multiple websites every day potentially expose a billion users to cyber attacks.

    I'm not surprised by the results of a new study conducted by the security firm Keeper Security that analyzed 10 million hacked accounts from breached data dumps for the most popular passwords.

    Below the Top 10 Keeper Security's 2016 most popular password list:

    123456
    123456789
    qwerty
    12345678
    111111
    1234567890
    1234567
    password
    123123
    987654321
    Most used passwords continue to be 123456 and 123456789 despite the numerous awareness campaigns on a proper security posture, "123456" accounts for 17 per cent of the overall amount of hacked accounts the firm used as data sample.



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