PayPal Partners with Bitcoin Processors

PayPal has formed partnerships with Bitcoin payment processors BitPay, Coinbase and GoCoin to support merchants in handling Bitcoin transactions, the company said in a blog post.

Google Faces Fine for Unfair Competition, EU Warns

Google could pay a record multi-billion-dollar fine for violating EU competition rules with respect to rival search engines, according to BBC.com.

Boeing to Open Cyber Security Center in Asia

Boeing plans to open a cyber-security center in Singapore to train and gear up cyber professionals in the region, according to V3.

Outdated Vulnerable Browsers Discouraged by Google

Google has started to discourage the use of outdated and vulnerable browsers by displaying older versions of its search engine, according to the BBC.

Google Patches 50 Security Flaws in Chrome Browser

Google has patched 50 severe security flaws in the Chrome browser, including a remote code execution, according to an announcement.

Google Rewards HTTPS Web Sites with Higher Search Rankings

Google will reward all HTTPS web sites with higher search rankings in an effort to strengthen security, according to a blog post by the company

Researcher Claims to Bypass PayPal’s Two-Factor Authentication

Australian security researcher Joshua Rogers says he has found a way to infiltrate PayPal accounts in spite of the two-factor authentication security feature, according to PC World.

6 Out of 10 IoT Devices Suffer Security Vulnerabilities, HP Study Shows

Ten of the most popular IoT devices have been discovered to include “an alarmingly high average number of 50-60 vulnerabilities per device”, according to an HP research.

Black Hat 2014: Money-Mining Botnet on Free Trial/Freemium Cloud Apps

Security researchers, Rob Ragan and Oscar Salazar plan to reveal how they can create a money-mining botnet using free trial and freemium cloud applications, according to Wired.

Vice.com and the Wall Street Journal Supposedly Hacked for One Bitcoin

The Wall Street Journal and entertainment site Vice.com sites were hacked and the Russians who did it posted screenshots of their user databases on Twitter, according to SC Magazine.

Cybercriminals breached 1,000 Accounts of eBay's StubHub Tickets Marketplace

Cybercriminals breached 1,000 accounts of eBay’s StubHub , one of the largest online ticket marketplace for concerts, theater and sports, and made fraudulent ticket purchases, according reported the Associated Press via ABC News.

Young Hacker Arrested For Largest DDoS Attack in Norwegian History

A 17-year old Norwegian was arrested for a massive DDoS attack that disrupted online services of several financial institutions and businesses in Norway, according to the thehackernews.com.

Chinese Businessman Accused of Hacking Boeing

Canadian police arrested the owner of a Chinese aviation company for allegedly stealing military data from computer networks belonging to Boeing and other US aircraft companies, according to Ars Technica.

EU Banks Should Steer Clear of Bitcoin for Now, Banking Regulator Says

Banks from the European Union are advised to avoid accounts in virtual currencies such as Bitcoin until a legal framework is in place, according to the European Banking Authority (EBA).

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