compromise

IOTA Network Still Down: How the Next Bitcoin Killer Screeched to a Halt

</header> <strong>On February 13, the IOTA network came to a screeching halt and the IOTA Foundation reports that $1.6 million worth of the native currency was stolen. The following day, the IOTA network status page still shows the mainnet is “not operational” and the development team has found an “exploit related to the Trinity Wallet.” …

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Breach affecting 1 million was caught only after hacker maxed out target’s storage

Enlarge Ryan Adams / Flickr The US Federal Trade Commission has sued an IT provider for failing to detect 20 hacking intrusions over a 22-month period, allowing the hacker to access the data for 1 million consumers. The provider only discovered the breach when the hacker maxed out the provider’s storage system. Utah-based InfoTrax Systems …

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