Secretive Bitcoin creator Satoshi Nakamoto is a 64-year-old man living near Los Angeles who declines to talk about his role in the digital currency, according to a news report.
Embattled Bitcoin exchange Mt. Gox is filing for bankruptcy protection with liabilities of $63.6 million. "I am deeply sorry," CEO Mark Karpeles said. "There were weaknesses in the system."
Salesforce.com's rapid growth is now being fueled increasingly by large deals for its cloud software, according to CEO Marc Benioff.
Financial data and news company Bloomberg has developed in-house access controls and embraced several other technological fixes after it emerged last year that the company's journalists had routinely accessed data on how Wall Street clients were using the company's computer terminals.
A senior executive from Visa Inc. dismissed concerns over the manner in which the Europay MasterCard Visa (EMV) chip card standard is being implemented in the U.S. and insisted the move will yield significant security benefits for retailers, consumers and banks.
A group representing 22 of the world's largest banks is pushing for broad adoption in the U.S. of payment card technology called tokenization, citing shortcomings in the planned migration to the Europay MasterCard Visa smartcard standard over the next two years.
Qualcomm has acquired a large patent portfolio related to Palm, iPaq and the Bitfone device management platform from Hewlett-Packard for an undisclosed sum.
Venture capitalists poured more money into Internet companies last year than they have since the dot-com bust, according to a survey published Friday.
A security analysis of mobile banking apps for iOS devices from 60 financial institutions around the world has revealed that many were vulnerable to various attacks and exposed sensitive information.
The International CES might never have seen so many connected devices in its history. Never mind phones and tablets, everything from cooking pots to cars and fitness bands now connect to the Internet and broadcast information.
Land-based terminals that send data to satellites may pose a soft target for hackers, an analysis from a computer security firm shows.
The World Federation of Exchanges has established an international committee to collaborate on cybersecurity best practices for global capital markets.
While China's demand for electronics continues to soar, the tech services market may be shrinking for U.S. enterprise vendors. Security concerns over U.S. secret surveillance are giving the Chinese government and local companies more reason to trust domestic vendors, according to industry experts.
The ISIS Mobile Wallet went live on Thursday, bringing NFC-powered shopping to consumers across the U.S. through a venture backed by three of the nation's top four carriers.
Malicious software aimed at stealing online banking credentials surged in the third quarter of this year to a level not seen since 2002, according to a new report from Trend Micro.
Aiming to produce more electronics with the "Made in USA" label, Foxconn Technology Group said it was considering setting up a factory in Arizona to build TVs, display panels and product casings.
The PCI Security Standards Council updated its security standard, adding new requirements and guidance for payment-card industry organizations, including merchants, payment processors, financial institutions and service providers.
Apple plans to build a components plant in Mesa, Ariz., that will run entirely on renewable energy.
A new variant of a Trojan program that targets online banking accounts also contains code to search if infected computers have SAP client applications installed, suggesting that attackers might target SAP systems in the future.
Bitpay, a company that lets businesses accept payments in the Bitcoin virtual currency, has just processed its first US$1 million transaction.