As our world becomes increasingly reliant on technology, the risk of cybercrime and data breaches also continues to rise. In the first quarter of 2022, cyberattacks caused 92% of all data breaches, highlighting the pressing need for businesses and individuals alike to prioritize cybersecurity measures. As we look ahead to 2023, new trends and challenges are emerging in the cybersecurity
In recent months, cybersecurity researchers have discovered an alarming trend of threat actors using the popular messaging platform Telegram to peddle phishing kits and set up phishing campaigns. This new methodology of exploiting messaging apps is a worrying development and a reminder that cybercriminals are not just relying on traditional email phishing attacks to steal personal data. Statistics According to
Moon Mortgage, a cryptocurrency lending platform, has launched new products to help crypto investors realize their digital wealth. The company has introduced two new products that allow investors to borrow against their cryptocurrency holdings while still retaining some control of their assets, as well as a core mortgage product that enables investors to use their digital assets to secure funding
Blockchain technology has been the talk of the town ever since it was introduced. It has become a buzzword in the tech industry due to its potential to transform various sectors. With its decentralized nature, blockchain technology has the ability to revolutionize the way we store, share, and transfer data. Its emergence has been crucial in providing a secure and
As the world is shifting towards digital payments, payment service providers play a crucial role in facilitating seamless transactions. The European payment service provider, Cardstream, has recently announced its launch of a new white-label PayFac-as-a-Service. This new offering will provide a consolidated platform to businesses for payment facilitation and also ensure compliance with regulations. Cardstream launches white-label PayFac-as-a-Service Cardstream’s latest
The threat actor known as Arid Viper has been observed engaging in a fresh wave of targeted attacks on Palestinian entities since September 2022. In response, Symantec, a cybersecurity company, has been tracking the group, now referred to by their pest-themed moniker, Mantis. According to their latest findings, the group is going to great lengths to maintain a persistent presence
In today’s global economy, supply chain management has become one of the most critical aspects of running a successful business. From sourcing raw materials to delivering finished products, companies must manage complex supply chains that involve numerous stakeholders including suppliers, manufacturers, logistics providers, and customers. The challenges of managing these supply chains include ensuring transparency, resilience, sustainability, and cost optimization.
Savings and investing startup, Acorns, has acquired London-based fintech startup GoHenry in an all-equity deal. The acquisition is significant for a number of reasons, including its size as one of the larger M&A deals between fintech startups and the addition of new investors to Acorns’ cap table. The move gives Acorns an opening to grow its business internationally, starting with
Kiatnakin Phatra Securities Plc. selects Temenos to advance its service platform. Kiatnakin Phatra Securities Plc. has announced its partnership with Temenos, a leading banking software provider, to advance its service platform. With this partnership, Kiatnakin Phatra Securities aims to digitize more operational elements, improve sales efficiency, and broaden the range of products. Enhanced front-office capabilities. The front-office capabilities of Temenos
Artificial intelligence has been transforming various industries, and the finance industry is no exception. Prominent organizations including Morgan Stanley Wealth Management and Stripe have been leveraging OpenAI’s GPT-4 to deliver better services to their clients. In this article, we will discuss how both companies are using GPT-4 and its impact. Morgan Stanley is one of the launch organizations for GPT-4
Recent reports have brought to light a campaign by hackers linked to China, which targets unpatched SonicWall Secure Mobile Access (SMA) 100 appliances. The hackers use malware to gain privileged access to these devices, enabling them to pilfer user credentials and persist through firmware updates. This campaign seems to have been active for some time, with attacks possibly dating back
Droit, a US-based RegTech firm, has raised $23 million in Series B funding. The investment was led by Pivot Partners and UBS, with support from existing investor Goldman Sachs. The funds are expected to be used to develop new products as part of the company’s expansion into the wealth management market. Droit’s Adept platform is primarily used in the capital
