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Bitcoin exchange Mt. Gox files for bankruptcy with debts of $63.6 million  28 February 2014 
Source: Network World - Posted by Dave Wreski   
Embattled Bitcoin exchange Mt. Gox is filing for bankruptcy protection with liabilities of AY=6.5 billion (US$63.6 million), according to Japanese media reports.
 
World’s Largest BitTorrent Trackers Suffer Prolonged Downtime  27 February 2014 
Source: TorrentFreak - Posted by Dave Wreski   
The two largest BitTorrent trackers on the Internet have been down for a few days, and will remain offline for another week. The tracker owners are performing maintenance and replacing hardware to cope with the billions of connection requests they get each day. Interestingly enough, most casual BitTorrent users are completely unaware of the prolonged downtime.
 
Paramount Sets Lawyers on ‘Top Gun’ Frame-By-Frame Tweets  26 February 2014 
Source: TorrentFreak - Posted by Dave Wreski   
For a month a Twitter account has been tweeting the movie Top Gun to the masses, frame-by-frame, in a project that could take months to complete. Determined to shoot down this patient pirate, Paramount Pictures has just launched the first of what could be many heat-seeking DMCA notices.
 
New password system lets planet Earth do the hard work  17 February 2014 
Source: The Register UK - Posted by Alex   
Log-in credentials derived from geographical information could reduce the majority of data breaches by providing an almost uncrackable replacement for conventional passwords, according to security researchers.
 
California’s hacker bootcamps prepare for a long regulation process  11 February 2014 
Source: VentureBeat - Posted by Dave Wreski   
The Internet was up in arms late last month when VentureBeat broke the news that a little-known regulator intended to crack down on California’s hacker bootcamps.
 
Can threat modeling keep security a step ahead of the risks?  07 February 2014 
Source: CSO Online - Posted by Anthony Pell   
With significant breaches becoming a near daily occurrence, it's clear that attackers are managing to stay one step ahead of many organizations. It's clear that security professionals and CIOs aren't focusing closely enough on the threats and the data that matter.
 
Google expands bug bounty program, ups Patch program rewards  05 February 2014 
Source: Network World - Posted by Anthony Pell   
Google is broadening its bug bounty program for security researchers to encompass all Chrome apps and extensions made by company. It's also upping payments for its Patch Rewards Program, focused on improvements for open-source code.
 
Coder Behind Notorious Bank-Hacking Tool Pleads Guilty  29 January 2014 
Source: Wired - Posted by Dave Wreski   
A Russian hacker who developed the widely used SpyEye banking trojan pleaded guilty today to creating the malicious toolkit, one of the most popular hacking tools of the past two years.
 
The U.S. Crackdown on Hackers Is Our New War on Drugs  24 January 2014 
Source: Wired - Posted by Alex   
Before Edward Snowden showed up, 2013 was shaping up as the year of reckoning for the much criticized federal anti-hacking statute, the Computer Fraud and Abuse Act (“CFAA”). The suicide of Aaron Swartz in January 2013 brought the CFAA into mainstream consciousness, so Congress held hearings about the case, and legislative fixes were introduced to change the law.
 
Google dismisses eavesdropping threat in Chrome feature  23 January 2014 
Source: TechWorld - Posted by Anthony Pell   
Chrome can continue to access a computer's microphone after a person thinks a speech recognition feature is off, a web developer says. Google said there's no threat from a speech recognition feature in its Chrome browser that a developer said could be used to listen in on users.
 
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