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December 15, 2016

Samas Ransomware Group Made at Least $450,000

A criminal group has made at least $450,000 by infecting organizations with the Samas ransomware in the past year, according to an analysis by researchers from security firm Palo Alto Networks.

Read more on Bleeping Computer

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Filed under: Ransomware, Samas

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Europol and US authorities bust 34 DDoS attackers and 101 suspects

Since the emergence of Mirai IoT botnet, there have been a noticeable increase in DDoS attacks (Distributed Denial of Service) and it looks like authorities are eager to take on culprits behind these attacks. In a statement released by Europol’s press service on Monday, it has been announced that Europol itself and with the help of US and other European law enforcement agencies 34 culprits have been arrested and 101 suspects “interviewed and cautioned.”

7,500 Faceless Coders Paid In Bitcoin Built A Hedge Fund’s Brain

Under the banner of a startup called Numerai, Craib and his team have built technology that masks the fund’s trading data before sharing it with a vast community of anonymous data scientists. Using a method similar to homomorphic encryption, this tech works to ensure that the scientists can’t see the details of the company’s proprietary trades, but also organizes the data so that these scientists can build machine learning models that analyze it and, in theory, learn better ways of trading financial securities.

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