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Computer Security No 30: Bitcoin Black Friday Private Security

Corporate - Private Computer Security

Bitcoin Black Friday and iPayYou integrates with Amazon

About Over 50 Bitcoin Black Friday Private Security

Bitcoins are a cryptocurrency and payment system introduced in October 2008. The bitcoin transactions are recorded in a public distributed ledger called the blockchain. By 2015, more than 100,000 merchants were accepting Bitcoin payments.

Currently 1 Bitcoin (XBT)= $1017 (AUD) EACH!

Some of the big merchant names using Bitcoin payments include Virgin Galactic, Overstock.com, Expedia, Dell, Microsoft, Wordpress and now Amazon. In countries like China, Bitcoin was prohibited in financial transactions which triggered large merchants like Baidu to no longer accept it.

Between the 25th and 28th of November, Bitcoin.com offered a 15% discount on all products that could be purchased on their site.

In a recent development, Amazon Direct announced that users can now transfer Bitcoins from their wallets to Amazon using iPayYou.

With the holiday seasons coming up, Amazon wishes to capitalise on sales and the fact that the CEO of iPayYou, Gene Kavner, was the former worldwide director for Amazon, helped in sealing the deal.

Happy Bitcoin shopping, just beware it is too volatile for currency investments!

Read The Full Article:- www.thepaypers.com

Scam of the week (Fake News) - content based social engineering attack

About Over 50 Bitcoin Black Friday Private Security

Facebook, Google and Twitter have been recently perceived as promoting fake news stories. Some say it played a role in the recent US presidential campaign.

Fake news can originate anywhere on Internet through tweets, images, video, "citizen journalist" sites where people can publish their content without any scrutiny or fact-checking.

Fake news sites (to be aware of):

- Bipartisan Report

- Politicus USA

- USUncut

- The Freethought Project

- Politicalo / Newslo

- DailyNewsBin

- American News X

- The Other 98%

They are very dangerous, as they can influcence a stock jump or crash - which is apparently what happened to FitBit.

To protect yourself from their influence, it's best to avoid sites ending in "lo" (like Newslo), sites ending in ".com.co", or simply checking multiple sources to verify the autheticity and veracity of the news.

Read More:- www.huffingtonpost.com.au

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Jokes

About Over 50 Bitcoin Black Friday Private Security

"Memo: to all personel, effective immediately we will be using the new security standards in all company correspondence, so please remember to use the ecret-say ode-cay"

Moderated by Monica Schlesinger: www.advisoryboardsgroup.com.au

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