Brave, the new web browser from former Mozilla Foundation Chief Executive Officer Brendan Eich, has broken at least one record as the company raised $35 million in an initial coin offering that sold out in 30 seconds, faster than any previous coin offering. The ICO offered for sale 156,250 Ethereum-based Basic Attention Tokens created by Brave Software Inc. ...

Hackers like to hack other hackers. That bit of poetic justice is the main takeaway from new research published by security firm Trend Micro Inc. that studied the actions of hackers who operate on the dark web. The company set up a number of “honeypots,” that is, decoy server setups to gather information, to gain ...

The cost of cybercrime will rise to $8 billion over the next five years, with billions of hacked customer records finding their way online, according to a newly released research paper. The paper from Juniper Research estimates that 2.8 billion customer data records are expected to be stolen this year, increasing to 5 billion by 2022. ...

In a win for consumers and businesses alike, the U.S. Supreme Court ruled Tuesday that companies can’t use patent laws to prevent secondary uses of their products in a case that, not surprisingly, involved printer cartridges. In the case, Lexmark International Inc. argued that Impression Products Inc., a company that refills and sells used Lexmark ...

The notorious hacking group Shadow Brokers have revealed more details on its new exploit as a service offering, and for both black-hat and white-hat hackers, access to the trove of exploits won’t come cheap. The service, simply called “TheShadowBrokers Monthly Dump Service,” will cost those interested in subscribing 100 ZCash a month, currently worth approximately ...

A new form of malware dubbed “Judy” is believed to have infected up to 36.5 million Android device users, according to research published last week. Discovered by Check Point Software Technologies Ltd., Judy was found to be bundled with 41 apps in the Google Play Store developed by a Korean company called Kiniwini that uses the name ...

Pacemakers may save lives but they are also highly vulnerable to hacking, at least according to a report from a security firm published last week. Security research firm WhiteScope LLC made the claim after studying “implantable cardiac devices,” physician programmers and home monitoring devices for four major manufacturers, finding that there were over 8,000 software vulnerabilities in ...

Hot on the heels of a court ruling that struck down the Federal Aviation Administration’s ability to force owners of noncommercial drones to register them, a newly proposed law would give state and local governments the ability to create their own drone regulations. The Drone Federalism Act, which has the backing of Democratic and Republican members of Congress including ...

A revision to a controversial proposed bill that would allow victims of hacking to legally hack their hackers back was tabled Friday by Rep. Tom Graves (R-Ga.). The proposed law, the Active Cyber Defense Certainty Act, would allow victims of a cyberattack to access the computer of an attacker to disrupt the attack and gather information to establish attribution. While ...

Microsoft Corp. has filed a lawsuit alleging a Chinese company illegally accessed Xbox accounts to purchase game currencies using the credit card details of the victims. The lawsuit, filed in the U.S. District Court Northern District of California and first discovered by Bleeping Computer, alleges that Gameest International Network Sales Co. Ltd., Weiwei Chu and Does 1-20 ...