Binance, the leading cryptocurrency exchange, made headlines recently as it terminated its relationships with five Russian banks that were under Western sanctions. This move came after the exchange faced criticism from The Wall Street Journal (WSJ) for offering these sanctioned banks as transfer options on its platform. The report raised concerns about Binance’s operational connections in Russia and the potential
The Information Commissioner’s Office (ICO), the UK’s data protection watchdog, is making a fervent call to victims of “text pests” to step forward and report their experiences. Disturbingly, recent statistics have revealed that nearly one-third of young adults aged 18-34 have had their personal information misused in this manner. To better understand the impact of this illegal behavior, the ICO
The Lazarus Group, a renowned state-sponsored threat actor backed by North Korea, continues to pose a significant cybersecurity threat. In recent findings, security analysts at Cisco Talos have confirmed that the Lazarus Group is actively exploiting the ManageEngine flaw (CVE-2022-47966) to deploy the MagicRAT malware. Additionally, in Europe, the Lazarus Group targeted an internet backbone infrastructure provider, deploying the QuiterAT
Sync Savings, a fintech startup founded by ex-Monzo executives Joss Tasker and Alex Fox, has emerged as a promising player in the UK’s cash savings sector. With a mission to optimize and reduce the cost of serving savings customers, the company aims to address the challenges faced by smaller banks and building societies in offering innovative and competitive savings products.
In today’s rapidly changing financial landscape, wealth managers are facing new challenges and opportunities. As clients become more discerning, requiring personalized experiences that align with their specific needs and preferences, wealth managers must adapt to meet these demands. This article explores the key elements that wealth managers need to consider in order to deliver engaging and personalized experiences for their
In a recent trial, two British teenagers have been convicted of various computer crimes, blackmail, and fraud, all of which were carried out as core members of the notorious adolescent hacking group, Lapsus$. This article delves into the charges faced by the teenagers, specific allegations against them, the impact of mental health on the trial, the jury’s verdict, details about
In an effort to address the growing skills shortages in the cybersecurity sector, the government is urging more schools to enroll their students in a government scheme designed to boost cyber skills. With the rise in cyber threats and the increasing need for skilled professionals to combat them, it has become crucial to equip young students with the necessary knowledge
Alliance Bank Malaysia has recently announced its collaboration with software firm Comarch to develop and launch a cutting-edge digital wealth management platform. The primary objective of this partnership is to enhance the overall customer experience while also expanding Alliance Bank’s wealth management business. Overview of the digital wealth management platform The newly introduced digital wealth management platform empowers Alliance Bank’s
EV Digital Invest AG, a leading financial institution, has recently launched its new brand, ‘Digital Invest Assets’. This strategic move aims to expand the company’s digital product and service offerings while achieving greater integration across the entire digital investment value chain. With the introduction of this brand, investors now have the exciting opportunity to diversify their portfolios beyond the traditional
In an alarming development, a new variant of the notorious Apple macOS malware, XLoader, has been discovered. It is disguised as an innocent office productivity app called “OfficeNote.” This malware, considered a successor to Formbook, operates as an information stealer and keylogger under the malware-as-a-service (MaaS) model. XLoader has recently gained prominence due to its adaptability to macOS and its
In a move geared towards enhancing its digital offerings in wealth management, Singapore’s Lumen Capital Investors has announced the addition of Marcel Lutz as a senior advisor and partner. This strategic appointment aims to capitalize on the growing potential of blockchain technology and the cryptocurrency sectors while reaffirming the firm’s commitment to providing premier wealth management services. Lutz’s Role and
In a significant development, Curve Finance, a popular decentralized finance (DeFi) protocol, has revealed its commitment to compensating users impacted by a recent hack that resulted in losses amounting to $62 million. This article explores the details of the attack, the measures taken to address the situation, and other notable recent events in the DeFi space. Details of the Hack
