In a recent discovery, Arctic Wolf researchers have identified a cyberattack campaign targeting Fortinet FortiGate firewall devices. This campaign, active since mid-November, is believed to exploit a zero-day vulnerability. The attackers have focused on firewall models with firmware versions ranging from 7.0.14 to 7.0.16, using exposed management interfaces to gain unauthorized access and perform various malicious actions. The discovery sheds
In a disconcerting development, North Carolina public schools were significantly affected by a data breach involving PowerSchool’s student information system, which has been in use since 2013. The breach has exposed confidential personal information, including social security numbers, medical records, and addresses of students and staff members nationwide. As a result, various districts in North Carolina, such as Pitt and
As the investment landscape becomes increasingly intricate, investors are continually seeking ways to optimize their strategies and gain an edge in the market. eToro’s introduction of advanced portfolio tools promises to revolutionize the way investors plan, diversify, and manage their assets. These tools provide comprehensive insights that help investors make informed decisions, thereby ensuring a more strategic approach to portfolio
The wealth management industry is undergoing significant changes driven by both technological advancements and evolving client expectations. As we move closer to 2025, wealth managers find themselves adapting to a landscape where digital innovation and personalized service are not just desired but essential. The increasing reliance on technologies such as artificial intelligence, coupled with a growing demand for tailored financial
Endowus, a prominent digital wealth advisory platform in Asia, has recently secured an additional $17.5 million in funding, bringing the total for its latest round to $52.5 million and the platform’s total funding to over $110 million. This significant investment was led by existing investors, including Prosus Ventures, UBS, and MUFG, and accompanied by new support from OSK Ventures, JLIN
Revolut is planning to expand its services into the private banking sector, targeting high net worth individuals. This move aims to complement its current retail financial services, which already cater to young global professionals and business owners. The financial startup has posted job listings for roles such as private banking compliance manager, legal counsel, and head of relationship management, indicating
Clearwater Analytics’ acquisition of Enfusion for a staggering $1.5 billion is poised to significantly reshape the landscape of investment management, suggesting a trend towards more integrated and streamlined solutions. The duo’s amalgamation merges Enfusion’s robust front-office capabilities with Clearwater’s advanced middle and back-office technology, targeting the creation of a comprehensive, cloud-native platform. This deal, entailing $11.25 per share in a
The cybersecurity landscape is in a constant state of flux, driven by the relentless advancement of cyber threats and the need for more sophisticated security measures. In 2024, several once-crucial cybersecurity tools became obsolete, giving way to next-generation solutions that offer more robust and adaptive protection. This article pays homage to these legacy tools and explores the emerging technologies that
The wealth management industry is undergoing a significant transformation, driven by the integration of Artificial Intelligence (AI). As client expectations evolve towards more personalized and real-time interactions, wealth management firms are increasingly utilizing AI-powered insights to enhance their services. The transformative power of AI lies in its ability to process vast amounts of data and generate actionable insights, aligning closely
The wealth management industry is undergoing a significant transformation driven by rapid technological advancements. As firms strive to meet evolving client demands and enhance operational efficiency, the integration of financial technology (fintech) solutions is becoming increasingly crucial. Digital transformation within this sector highlights the necessity for modernization as mobile-based advisory services, investment automation, and secure data management systems become standard
In an increasingly interconnected world, the recent publication of the World Economic Forum’s Global Cybersecurity Outlook 2025 sheds light on burgeoning cyber inequity exacerbated by escalating complexities in cyberspace and geopolitical uncertainties. The report reveals an alarming reality wherein significant disparities in cyber resilience are manifesting across various businesses, sectors, and regions. Smaller organizations are particularly struggling, with 35% of
Blockchain technology has revolutionized numerous industries by providing a decentralized, transparent, and secure way to handle transactions. However, despite its many benefits, blockchain networks often face challenges related to scalability, slow transaction speeds, and high costs. Enter Layer-2 solutions, which are increasingly gaining prominence within the cryptocurrency sector for tackling these critical issues. These solutions are platforms or protocols that
