The mystery of the missing Bitcoins – 60 Sec Security [VIDEO]

Here’s this week’s 60 Second Security video for your viewing pleasure. Enjoy…watch the news in just one minute!

100 Bitcoin bounty slapped onto head of blackmailer who DDoSed Bitalo

No, thank you, we will *not* pay you 1 Bitcoin to stop the attack and teach us about our supposed vulnerabilities, Bitalo said, after being threatened with a DDoS. Instead, we will pay 100x that amount to track you down.

‘Anti-Facebook’ Ello: swamped with privacy-hungry refugees, bouncing back from DDoS

Either somebody really, really hates the idea of a social media platform that doesn’t sell ads based on user data, or Ello is so popular it got trampled. Either way, it’s been an outage-plagued few days for the service that thinks ad-based social networks are corrupt.

“Lizard Squad” hackers force PSN offline and Sony exec from the sky

Hackers calling themselves “Lizard Squad” tweeted a bomb threat that forced a plane with Sony Online Entertainment’s president on board to divert for an emergency landing on Sunday. At the same time, a DDoS (distributed denial of service) attack flooded traffic to Sony’s PlayStation Network, forcing the gaming network offline for a short time.

Anonymous takes on Boston Children’s Hospital in #opJustina

Last week, outrage over the case of Justina Pellitier rose to a head and burst into cyber warfare when people affiliating themselves with Anonymous launched #opJustina. DDoS attacks preceded the #op launch and continued throughout the week.