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
In a remarkable collaborative effort led by Interpol, Africa CyberSurge II has emerged as a strong force in combating cybercrime across the African continent. Launched in April 2023 with funding from the UK Foreign, Commonwealth, and Development Office, the German Federal Foreign Office, and the Council of Europe, this joint initiative encompasses 25 African countries. By leveraging the expertise of
Israeli threat intelligence company, Hudson Rock, has made a significant discovery in the world of cybercrime. Through their analysis of a massive database consisting of over 14.5 million machines infected with information stealers, they have identified credentials associated with cybercrime forums on approximately 120,000 infected computers. This discovery has far-reaching implications in the fight against cybercriminals and their illicit activities.
The wealth management sector in India is poised for exponential growth in the coming years, driven by innovative distribution models. This transformation is fueled by emerging competition from fintechs and digital platforms, which are compelling traditional banks to reevaluate their existing models. The digital distribution model has emerged as a key driver of change in the wealth management sector, democratizing
In a groundbreaking discovery, researchers have unearthed an information-stealer campaign that specifically targeted cybercrime forums. This malicious operation aimed to collect valuable data, including login credentials, autofill information, and system details, from approximately 100,000 users with memberships to these forums. The implications of this research shed light on the strength of passwords used in the dark corners of the internet
As the popularity of cryptocurrencies continues to rise, so does the number of cryptocurrency projects flooding the market. While some of these projects are legitimate and have promising potential, others are simply fraudulent schemes or poorly executed ventures. In this article, we will explore the key factors that can help you identify legitimate cryptocurrency projects. By evaluating elements such as
Immutable, a prominent developer in the blockchain gaming space, has recently entered into a partnership with Polygon Labs to commence public testing of its new innovation, the Immutable Zero-Knowledge Ethereum Virtual Machine (zkEVM). This collaborative effort aims to push the boundaries of decentralized gaming, offering game developers a unique opportunity to leverage lower development costs, enhanced security, and the network
In the fast-paced world of technology, ATMs have become an integral part of our lives, providing convenience and accessibility to financial services. However, as with any technology, there are inherent risks, especially when it comes to security. Recently, several vulnerabilities were discovered in the ScrutisWeb ATM fleet monitoring software developed by French company Iagona. These vulnerabilities, if exploited, could allow
