North Korea made $2 billion from cyberattacks, UN report Draft report from the United Nations revealed North Korea chalked up US$2 billion from launching cyber attacks against banks and cryptocurrency exchanges as part of efforts to fund a weapons buying programme. Cryptocurrency investors in the United States are receiving letters from the Internal Revenue Service (IRS) which are proposing backdated tax payments relating to the trade of virtual assets. As reported by Bloomberg, some traders are receiving notices asking for input on revised tax returns, based on estimates of profit generated by cryptocurrency-related activities. Security I installed Verizon’s free junk call blocker and it seems to kind of help The end of snail mail: Our mail carrier robbed us and now the USPS is dead to me Top 10 security extensions for Google Chrome Def Con and Black Hat 2019: Enterprise security is stronger than ever (ZDNet YouTube) The era of the $200 security camera is over (CNET) Data breaches increased 54% in 2019 so far (TechRepublic) The CP2000 notices have been sent in recent weeks and while they do acknowledge mistakes in past tax returns might be due to cryptocurrency platforms and exchanges rather than individuals, they do signal a clampdown by the IRS on the burgeoning industry. See also: Fish ponds disguised theft of oil field power in cryptocurrency mining scheme In July, the tax and revenue service also sent warnings to investors to make them aware that tax may be owed on their trading activities. Some investors received… [Read full story]
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