Cryptography

978 Million People Worldwide Have Been Victims of Cybercrime in 2017

978 million people worldwide have been victims of cybercrime in 2017, according to a report by Norton, quoted by The Guardian.

Each of them spent an average of two business days to take care of the consequences. The most common attacks are low-tech - attempts to deceive the user to reveal their personal information.

Bitcoin crashes below $10,000

The world's most valuable cryptocurrency, bitcoin, has lost over half its value since it smashed the $20,000 barrier in mid-December. The price of the cryptocurrency dropped to $9,555 at 15:00 GMT on Wednesday.

"The cryptocurrency market is experiencing a serious attack from speculators," Gleb Zadoya, head of analytics at Analitika Online said in email comments to RT.

Here's the Most Insecure Password

SplashData publishes its annual rating of the hundred most unreliable passwords for the year on the internet.

Experts from SplashData have analyzed about 5 million passwords broken down in 2017. For the fourth time in a row the first place in the rating is 123456. The second position is the password password, the third is 12345678.

Russia is Considering Creating its Own Cryptocurrency in Order to Avoid Western Sanctions

Russia will probably seek to create its own cryptocurrency, the BNR reports referring to the Financial Times. The newspaper focused on last summer's meeting of President Vladimir Putin with Vitalyk Buterin, the Russian-born founder of one of the major digital currencies Ethereum. The meeting was aimed at discussing how to regulate a future official "cryptocurrency" market.

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