In a concerning escalation, Georgia has found itself grappling with a significant increase in cybercrime, a phenomenon reflected across the United States. Based on the FBI’s annual cybercrime report for 2024, Georgia ranked 11th nationwide in terms of cybercrime complaints. This wave of digital crime resulted in a staggering $420 million in losses for the state, marking a 40% uptick
In today’s rapidly evolving digital landscape, where payment systems increasingly rely on cutting-edge technology, the threat of sophisticated cyber-attacks persists. One notable example is SuperCard X, a form of malware targeting Android devices by exploiting NFC (Near Field Communication) capabilities. This malicious software allows cybercriminals to execute unauthorized financial transactions with alarming efficiency. Operating on a “Chinese-speaking malware-as-a-service platform,” SuperCard
In an unprecedented event, ZKSync, a decentralized protocol, successfully recovered over $5 million worth of tokens after a significant hacking incident. The hack, which occurred on April 15, involved the compromise of an admin key, allowing the attacker to mint approximately 111 million ZK tokens from unclaimed airdrop reserves. On April 23, ZKSync announced that the hacker had returned 90%
In a significant security breach, the widely-used Ripple’s xrpl.js npm package was backdoored by unknown attackers, compromising specific versions to steal private keys. This alarming incident impacts the XRP Ledger, a blockchain platform launched by Ripple Labs. The attack was initiated on April 21, 2025, and involved adding malicious code intended to transmit stolen private keys to an external domain.
In a significant development for UAE-based investors, eToro has announced the expansion of its platform to include stocks and exchange-traded products (ETPs) listed on the Hong Kong Stock Exchange. This initiative is part of a phased rollout addressing the growing demand from retail investors eager for more exposure to Asian markets, particularly Chinese equities. The move is set to enhance
In an era where cyber threats are increasingly sophisticated, Marks and Spencer (M&S), a leading British retailer, found itself amidst a significant cyber incident that disrupted various in-store services. The incident affected notable functions like click and collect services, contactless payments, and the use of gift cards within stores. Recognizing the severity of the situation, M&S promptly disclosed the issue
In a world where financial stability is often uncertain, finding reliable guidance and resources to secure and grow wealth is essential. IBC Financial stands out as a trusted institution committed to helping individuals and businesses navigate their financial journeys. By offering a wide range of services such as comprehensive financial planning, diverse investment solutions, retirement and legacy planning, business financial
Advances in technology have significantly altered the landscape of arbitrage trading, fundamentally changing how traders operate and make decisions. Algorithms, high-frequency trading systems, and real-time data analytics play vital roles in reshaping the industry, allowing traders to identify and exploit market inefficiencies with unprecedented speed and accuracy. These technological innovations have introduced both opportunities and challenges, prompting a reevaluation of
Over recent years, the wealth management sector in Asia has seen remarkable growth, and projections indicate the sector’s assets under management (AUM) across the region could nearly double to approximately $260 trillion by 2026. This surge significantly attributes to relationship management employees, projected to drive an overwhelming 95 percent of the anticipated growth. In an era marked by rapid technological
In 2024, the cybersecurity landscape experienced notable changes, with cybercriminals increasingly adopting stealthier tactics, particularly focusing on credential theft through infostealers. IBM’s research highlighted an 84% spike in phishing emails delivering infostealers from 2023 to 2024, favoring this method for its quick and discreet identity attacks. Credential theft incidents surged as attackers exploited the growing complexity of hybrid cloud environments,
The advent of a new Android malware called “SuperCard X” is posing a substantial threat to global financial security by enabling contactless ATM fraud in real-time, exploiting Near-Field Communication (NFC) protocols. This sophisticated malware operates under a Malware-as-a-Service (MaaS) model, allowing fraudsters to execute unauthorized transactions through Point-of-Sale (POS) systems and ATMs. The fact that SuperCard X can bypass traditional
Development Partners International LLP (DPI), a renowned private investment firm with a significant focus on Africa, has launched DPI Venture Capital to support and cultivate early-stage companies that positively impact the continent’s burgeoning middle class. DPI’s strategic move leverages its 18-year history of backing innovation-led enterprises and its extensive reach across 43 African countries. This venture aims to take advantage
