Bitt Helping People To Avoid Scams

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BRIDGETOWN, Barbados – Bitt, Inc. – a leading Bitcoin exchange and provider of Blockchain related products and services – has published the following article aimed at helping people avoid scams related to Bitcoin – a popular crypto-currency:

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Cyber Security Must Be Priority Number One

GUEST POST – Deon Olton, Caribbean Cyber Security Center

Bridgetown Barbados:—  Caribbean Cyber Security Center.
The penetration of internet access in the Caribbean region has undoubtedly paved the way for greater access to the information superhighway and the benefits of competing on the global stage. However, with this access comes great responsibility and risk and we will soon learn that ignorance is no excuse and what we don’t know can and will hurt us.

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Attack Of The Killer Movie Subtitles!

Researchers at Check Point, an information security company, have discovered a new way for hackers to gain access to your devices – movie subtitle files.

This particular attack uses popular media player software including VLC and Popcorn Time. It is estimated that hundreds of millions of users worldwide may be at risk to this type of attack.

By crafting malicious subtitle files, which are then downloaded by a victim’s media player, attackers can take complete control over any type of device via vulnerabilities found in many popular streaming platforms, including VLC, Kodi (XBMC), Popcorn-Time and strem.io. We estimate there are approximately 200 million video players and streamers that currently run the vulnerable software, making this one of the most widespread, easily accessed and zero-resistance vulnerability reported in recent years.

Users are encouraged to download and apply the relevant updates for the media players listed above and to also check for updates for any other media/streaming software not listed above.

Source: Check Point

WannaCry Threat Still Real, Possible Links To North Korea

Almost 72 hours have passed since the WannaCry ransomware attacked computers and networks across the globe. Here’s a recap:

Starting Friday (May 12) hundreds of thousands of computers across 150 countries were hit. Organizations affected include: The UK’s National Health Service (NHS), FedEx, Telefonica and Renault. The software infected computer files and demanded a ransom of several hundred dollars payable in Bitcoin.

WannaCry was delivered via a vulnerability discovered in recent Windows Operating Systems, but which was patched back in March 2015.

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