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The New Jersey attorney general’s office announced today that on-line video gaming company E-Sports Entertainment, LLC, has entered into a $1 million settlement that resolves allegations it infected thousands of personal computers with malicious software code enabling E-Sports to monitor what programs subscribers were running and illegally mine for bitcoins.

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Many SMBs are potentially putting their organizations at risk because of uncertainty about the state of their security and threats faced from cyber attacks. According to the Risk of an Uncertain Security Strategy study conducted by Ponemon Institute, senior management is failing to prioritize cyber security, which is preventing them from establishing a strong IT security posture.

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