More and more people are mining cryptocurrency to cash in on the craze. But some are actually hacking into computers to leverage other people's mining power. Sonatype's Senior Vice President Bill Karpovich explains the danger of these miners and how hackers exploited IBM several years ago.
"If 2017 was the year of ransomware, 2018 is going to be the year of crypto-jacking," says Karpovich. "It is amazing to see the rate of growth that are coming out."
Before Sonatype, Karpovich served as a General Manager for IBM's Cloud and Watson platform. He says a researcher on this project found crypto-jackers were finding the cheapest way to take advantage of IBM's cloud environment. But after discovering the breach, IBM was able to implement safeguards.
Karpovich says it's important to be aware, install latest patches and protection, and be accountable beyond security teams.
Paul Miller, certified public accountant and founder of Miller & Company LLP, joined Cheddar News to discuss what electric vehicle owners should know about tax credits and the new rules to qualify for them. "I would definitely make a phone call to your accountant ... to your CPA to ensure that you're getting the credit and it's applicable," he said.
Meta is now allowing teenagers to access its virtual reality app, Horizon Worlds, even as critics of the technology say it could have harmful consequences for mental health. Cheddar News Senior Reporter Michelle Castillo breaks down the announcement.
Elon Musk claimed that artificial intelligence has the potential to cause 'civilization destruction.' The billionaire is currently planning to come out with an AI platform, TruthGPT.
Ten electric or plug-in hybrid vehicles will be eligible for a $7,500 U.S. tax credit, while another seven could get $3,750 under new federal rules that go into effect on Tuesday.
