Report: US spied on Brazil's Petrobras, Google
Documents leaked by Edward Snowden indicate the National Security Agency spied on Brazil's state-run oil company, the private computer networks of Google and a company that facilitates most of the...
View ArticleosCommerce e-commerce software vulnerable to hackers, security researchers find
(Phys.org) —A popular open-source software for e-commerce is vulnerable to being cheated, computer security researchers at the University of California, Davis, have found. By exploiting vulnerabilities...
View ArticleAustralian claims huge bitcoin robbery
An Australian man claimed Friday to be the victim of a massive bitcoin robbery, saying hackers had stolen more than one million dollars of the digital currency from his website.
View ArticleChina bars banks from handling bitcoins (Update)
Bitcoins suffered a new setback after China's central bank said Thursday its banks and payment systems are barred from handling the virtual currency.
View ArticleStudy: Altruism and reciprocity in online transactions
Researchers have looked at why anonymous traders using eBay auction sites bother to give feedback on one another, given such transactions are usually one-offs.
View ArticleThe Bitcoin bubble has burst, so what are the alternatives?
The cryptocurrency Bitcoin has been in the news lately with a sudden surge in value followed by a spectacular crash – not to mention the unfortunate tale of US$4 million in bitcoin on a hard drive that...
View ArticleTarget: Customers' encrypted PINs were stolen
Target said Friday that debit card PIN numbers were among the financial information stolen from millions of U.S. customers who shopped at the retailer earlier this month.
View ArticleOnline economy continues to bloom
Online shopping in Australia is enjoying a strong second wave of growth as more consumers build internet browsing, purchasing and financial transactions into their everyday lives.
View ArticleProbing Bitcoins
(Phys.org) —Bitcoin transactions may be anonymous, but they're also completely transparent. This makes stealing easier, but cashing in on the theft without getting caught a lot more difficult. That's...
View ArticleJapan says Bitcoin not a currency, but taxable (Update)
Bitcoin is not a currency but transactions involving it should be "subject to taxation", Japan's government said Friday, in a move that could pave the way for formal regulations on the troubled virtual...
View ArticleCredit card companies seek new ways to increase payment security
In the wake of some wide-ranging breaches in credit card data, Mastercard and Visa this month announced an initiative to increase payment security, including expanding chip technology in the U.S.
View ArticleQuantum cryptography for mobile phones
Secure mobile communications underpin our society and through mobile phones, tablets and laptops we have become online consumers. The security of mobile transactions is obscure to most people but is...
View ArticleUS Supreme Court tosses 'abstract' software patent
The U.S. Supreme Court on Thursday tossed out an Australian company's patent for business software in a decision that clarifies standards for awarding patents, but not as much as some firms had hoped.
View ArticleProbing Question: What is Bitcoin?
In 1729, when he was 23 years old, Benjamin Franklin authored a pamphlet titled "A Modest Inquiry into the Nature and Necessity of a Paper Currency." The revolutionary idea he advocated? Paper money...
View ArticleBitcoin 'mining pool' promises to stay small
The largest group of bitcoin miners, which maintains and processes transactions in the digital currency, is promising to avoid majority control of the currency as a temporary measure to maintain the...
View ArticleA forced PIN for all credit cards won't stop the biggest fraud
Put the pen away when you next take out your credit card as from tomorrow (Friday August 1) Australians will no longer be able to use their signature when completing a transaction in a store. It's PINs...
View ArticleCoinbase taking Bitcoin wallet platform to Europe
San Francisco-based Coinbase is taking its Bitcoin wallet to Europe with an aim of enticing more people there to use the digital currency.
View ArticleIn the web's hidden darknet, criminal enterprise is thriving
Criminals have always done their best to use new technology to their advantage and the rapid development of new digital technologies and online markets has provided the criminal entrepreneur with as...
View ArticleBofA to refund Apple Pay customers charged twice
Bank of America is apologizing for double-billing customers who made purchases using Apple's new mobile payments service.
View ArticleVirtual money and user's identity
Bitcoin is the new money: minted and exchanged on the Internet. Faster and cheaper than a bank, the service is attracting attention from all over the world. But a big question remains: are the...
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