As digital landscapes continue to expand across Europe, the daunting rise in digital payment fraud signifies a critical challenge for financial institutions and consumers alike—a challenge shaped by rapidly advancing technological abilities and opportunistic criminal strategies. In 2024, European countries faced a substantial increase in fraud cases, marked by a 156% surge in social manipulation scams and a notable 77%
In an era where businesses are increasingly vulnerable to cybersecurity threats, recent developments underscore the pressing need for secure software design. This urgency is emphasized by Patrick Opet, JPMorgan Chase’s global Chief Information Security Officer. As corporations depend more heavily on interconnected systems and external software-as-a-service providers, safeguarding these expansive supply chains becomes vital to maintaining economic stability. Opet warns
In an era where digital threats continuously evolve, the recent cyber intrusion faced by Co-op, a prominent UK-based retailer, underscores the urgent need for heightened security measures within the retail sector. This breach, which targeted Co-op’s IT systems, did not significantly disrupt the company’s operations due to its swift and effective response. However, it has cast a spotlight on the
The abrupt shutdown of RansomHub, a major ransomware-as-a-service (RaaS) provider, sparked intrigue within cybersecurity circles, leaving experts scrutinizing the elements that led to its unexpected closure. Emerging swiftly amid the disarray caused by law enforcement actions against industry heavyweights like LockBit and ALPHV, RansomHub had carved out a niche with its unique approach in the ransomware landscape. Its rise as
Technology has always been at the forefront of innovation, shaping the way businesses and individuals interact with software and security. With Microsoft’s recent decision to implement a subscription fee for its new security update service known as hotpatching, the industry faces a notable paradigm shift. This service, set to be rolled out from July 1, reflects a significant change from
In recent times, the threat landscape has become increasingly alarming with the rise of sophisticated infostealers targeting banking credentials and personal data. These malicious software variants have effectively infiltrated systems, exposing sensitive information from individuals and organizations alike. A recent study found that over 30,000 Australians were affected by these threats, leaking their banking credentials to malicious entities. The study,
The U.S. WealthTech sector has experienced a fascinating trend in the first quarter, with a notable surge in funding despite a decrease in deal frequency. This recovery is underscored by an impressive 9% quarter-on-quarter increase in funding, amounting to $1 billion. However, this figure is a stark contrast to the previous year’s $4.1 billion, indicating a persistent caution among market
In the rapidly evolving landscape of technology, the integration of data science and DevOps has become a critical focus as companies endeavor to harness the full potential of digital transformation and artificial intelligence (AI). Datadog, known for its leadership in observability platforms, has strategically acquired Metaplane, a notable entity in the field of data observability. This acquisition is seen as
Microsoft has recently announced a transformative shift in delivering security updates, emphasizing a subscription-based model for Windows Server systems. This move introduces a monthly fee for the hotpatching feature, a change set to reshape how organizations manage system vulnerabilities and system integrity. The driving force behind this innovative approach is to provide real-time updates without the necessity for immediate system
In the ever-evolving landscape of digital financial services, few platforms have managed to make a mark as pronounced as Manulife iFUNDS. Originally launched in 2018, the platform has redefined how wealth advisory services are delivered, combining technological advancements with personalized financial consultancy. The recent enhancements to this platform by Manulife Singapore and Manulife Investments offer a promising new direction for
In the realm of cybersecurity, SAP systems have recently come under intense scrutiny due to the discovery of a critical zero-day vulnerability identified as CVE-2025-31324. This vulnerability, which has been exploited in the wild, poses a severe risk to organizations operating SAP NetWeaver environments. With a maximum CVSS score of 10.0, the vulnerability emanates from inadequate authorization checks within the
The ongoing battle against cyber-espionage has taken a critical turn as the FBI calls for public assistance in identifying members of the Chinese Advanced Persistent Threat (APT) group known as Salt Typhoon. This group has been conducting cyber-espionage activities with alarming efficiency and has been linked to China’s Ministry of State Security. Since its emergence five years ago, Salt Typhoon
