The future of wealth management is being redefined by Range, an AI WealthTech platform that recently garnered significant attention after raising $28 million in Series B funding. Led by Cathay Innovation and supported by Gradient Ventures and other notable investors, this successful round has brought Range’s total funding to $40 million. Co-founded by Fahad Hassan and David Cusatis, the company
In an era where connectivity defines both personal and professional spaces, the security of internet-connected devices has never been more critical. Recent developments have highlighted the possibility of large-scale cyber-attacks through accessible tools that require minimal technical expertise. Such is the case with a new distributed denial-of-service (DDoS) campaign orchestrated by a threat actor known as Matrix. Analyzing this operation,
In today’s rapidly evolving digital landscape, maintaining robust cybersecurity defenses is a critical concern for organizations of all sizes. The fast-paced development of technology brings with it a host of new threats and vulnerabilities, making traditional methods of network penetration testing increasingly insufficient. Traditional penetration testing, often driven by regulatory and cyber insurance requirements, typically follows a rigid, scheduled approach.
In the evolving landscape of modern finance, the potential of artificial intelligence (AI) is a hotly debated topic, especially in wealth management. A study conducted by Avaloq surveyed 300 wealth managers and 3,000 investors globally, revealing a striking disparity between the perspectives of UK wealth managers and their clients. While an overwhelming 87% of wealth managers believe that AI is
The integration of artificial intelligence (AI) and advanced financial education is revolutionizing the wealth management industry, transforming how financial services are delivered and consumed. With technology continually evolving and client expectations constantly shifting, wealth managers must stay ahead by incorporating innovative tools that enhance both efficiency and user experience. One significant trend reshaping the sector is the use of generative
Imagine a future where HR professionals no longer need to spend countless hours validating candidate credentials, qualifications, and work experience. Picture a scenario where misrepresented credentials and fabricated work histories become relics of the past. This is not a distant dream but an increasingly likely reality thanks to the transformative potential of blockchain technology. As industries face mounting pressure to
In a dynamic shift within the blockchain landscape, the Sui blockchain ecosystem has experienced notable growth driven by a combination of developer-friendly tools and an engaged community. October witnessed the SUI token achieve an impressive 115% month-over-month gain, reaffirming its potential as a formidable competitor to Solana. This growth can be attributed to the user-centric improvements in the development interface
In today’s interconnected digital landscape, even a single vulnerability can spell disaster for enterprises that rely on robust security protocols to protect sensitive data and maintain operational integrity. This harsh reality is underscored by the recent discovery of significant Local Privilege Escalation (LPE) vulnerabilities in the needrestart component of Ubuntu Server. These vulnerabilities, present for nearly a decade, potentially allow
The recent report from Insikt Group, the threat intelligence arm of Recorded Future, has revealed a significant cyber espionage campaign driven by a Russian-affiliated hacking group known as TAG-110. This group’s operations span both Europe and Asia, with a targeted focus on Central Asian countries. According to the findings, the origin of this intricate campaign traces back to July 2024,
In an era where technology is rapidly transforming industries, the banking and wealth management sector is witnessing significant shifts through the adoption of artificial intelligence (AI) tools. A study conducted by Avaloq, analyzing the perspectives of 300 wealth managers and 3,000 investors worldwide, sheds light on the growing acceptance and trust issues concerning AI in the wealth management domain. Findings
In a recent publication that has garnered significant attention, MITRE unveiled its Top 25 Most Dangerous Software Weaknesses ranking for the period between June 2023 and June 2024. This ranking is a vital resource for developers and security professionals seeking to prioritize and address the most critical software flaws in their systems. The latest list has placed Cross-site scripting, also
A sophisticated phishing campaign named "Gabagool" has recently been discovered, specifically targeting corporate and government employees by leveraging Cloudflare’s R2 storage service to host malicious content. Uncovered by the TRAC Labs team, this campaign cleverly exploits Cloudflare’s trusted reputation to evade most security filters. The phishing attack typically begins with compromised mailboxes sending seemingly harmless emails to other employees. These
