Bitcoin may still bring to mind images of clandestine drug markets and anarchist hackers bent on liberating finance from financial companies. But some of the world’s largest corporations are embracing the technology behind the cryptocurrency.
Last year, a group of tech and finance giants—IBM, Intel, Cisco, the London Stock Exchange Group, JP Morgan, Wells Fargo, and others—teamed up to create Hyperledger, an open source project inspired by Bitcoin that the companies hope will one day provide a more secure and reliable way of trading stocks and other assets.
In 2015, Erica Baker did the impossible: she made a spreadsheet go viral.
Baker, an engineer at Google at the time, created the spreadsheet with her fellow Googlers to keep track of everyone’s salary. But what started as an experiment in radical transparency among colleagues soon took on a life of its own. People began sharing the spreadsheet, adding to it and organizing it to find out whether compensation was truly equitable across genders, races, and demographics at the company.
A judge in Helsinki, Finland has ordered one of the founders of notorious file-sharing site The Pirate Bay to pay $395,000 to several record labels. The Finnish divisions of Sony Music, Universal Music, Warner Music and EMI had sued Peter Sunde, accusing Pirate Bay of illegally sharing the music of 60 of their artists.
Sunde, who left The Pirate Bay in 2009, said on Twitter that he didn’t even know about the court case. "The record companies know that I have not had any part of TPB for ages, still suing," he wrote. "Bullying is the new black."
Kaspersky has published a report on an underground marketplace that’s being used to buy and sell credentials for hacked servers. Targets range from branches of government to major corporations, and access is being sold for as little as $6.
This report comes as a result of an investigation carried out by Kaspersky in conjunction with an unnamed European ISP. The service is called xDedic, and is thought to be operated by a group of Russian-speaking hackers.
Palo Alto Networks have reported that a hacking outfit called the Sofacy group has wreaked havoc on the US Ministry of Foreign Affairs following a phishing attack.
Palo Alto said in a blog post that the Sofacy group, which is also known as APT28, is well known for cyber espionage campaigns. We knew that already as we reported on the Russian group when FireEye flagged it as being this kind of threat.