The first half of 2024 revealed intriguing dynamics in the Latin American FinTech investment scene, characterized by a significant decrease in deal volume but an impressive increase in total funding. This dual trend marks a strategic shift in investor behavior and underscores the evolving maturity of the sector amidst broader economic uncertainties. Overview of LATAM FinTech Investment Growth The LATAM
Arta Finance has made a notable entrance into the wealth management scene with its AI-powered digital platform. Having initially launched in the U.S. in October 2023, the company quickly managed to accumulate hundreds of millions in assets and attract thousands of clients. Following this success, Arta has now expanded its services to accredited investors in Singapore and other international investors
The recent finalization of the Cybersecurity Maturity Model Certification (CMMC) program by the US Department of Defense (DoD) marks a significant shift in cybersecurity protocols for defense contractors. With an aim to secure federal contract information (FCI) and controlled unclassified information (CUI) against an evolving threat landscape, these tightened standards will have far-reaching implications. This article delves into what the
In the dynamic world of gaming, “Off The Grid” has emerged as a groundbreaking blockchain-based game developed by Gunzilla Games, rapidly climbing to the top spot among free-to-play games on the Epic Games store. This third-person, battle royale game has successfully captured the attention of the gaming community, boasting 154,440 viewers on Twitch who eagerly tuned in for the early-access
Continuous Threat Exposure Management (CTEM) is an indispensable strategic framework for organizations aiming to continuously assess and manage cyber risk. By breaking down the intricate task of managing security threats into five distinct stages, CTEM provides a systematic approach to identifying, addressing, and mitigating vulnerabilities before they can be exploited by malicious actors. Despite its theoretical appeal, the practical implementation
Cybersecurity has become more crucial than ever in today’s digital age. New threats emerge continually, requiring vigilant monitoring and proactive measures. The U.S. Cybersecurity and Infrastructure Security Agency (CISA) has recently highlighted significant risks associated with the exploitation of unencrypted persistent cookies in F5 BIG-IP Local Traffic Manager (LTM) modules. Additionally, Russian state-sponsored actors, specifically the APT29 group, have been
As international tensions escalate, cybersecurity agencies in the US and UK have raised alarms about an uptick in cyberattacks targeting enterprise software. Russian hackers, often linked to state-backed groups, are actively exploiting vulnerabilities in widely used platforms such as Zimbra and JetBrains TeamCity, posing serious threats to global security. These coordinated cyber offensives are not isolated events but part of
A groundbreaking partnership between Assetera, a digital securities distribution platform, and Archax, a digital securities exchange, is set to revolutionize the landscape of tokenized assets in Europe. This collaboration aims to offer investors unprecedented access to tokenized money-market funds, starting with products from abrdn, made available through the Assetera platform. Covering the European Union and European Economic Area (EU/EEA), this
The peer-review process in scientific research, while crucial for validating the accuracy of research findings, has faced criticism for being slow, costly, and open to bias. These issues have raised concerns about the overall effectiveness and transparency of the current system, which some argue restricts the dissemination of research. Traditional peer review has often been criticized for its centralized nature,
Achieving a significant milestone, Facet, a US-based investment advisory firm, has successfully raised $35 million in a recent funding round led by Multiplier Capital. Founded in 2016, Facet leverages a tech-driven platform to provide tailored financial advice, especially targeting individuals often overlooked by traditional financial institutions. This latest funding boost brings the company’s total raised capital to a notable $210
Farther, a technology-centric financial advisory firm, has successfully closed an impressive $72 million Series C funding round, which it plans to use for expanding its advisor network and enhancing its cutting-edge wealth management platform. The funding, co-led by CapitalG—Alphabet’s independent growth fund—and Viewpoint Ventures, has propelled Farther to a post-money valuation of $542 million. This substantial financial injection is announced
The Cybersecurity and Infrastructure Security Agency (CISA) has issued a critical cybersecurity alert regarding a significant remote code execution (RCE) vulnerability in Fortinet products, designated as CVE-2024-23113. This vulnerability is currently being exploited actively, posing severe risks to organizations utilizing FortiOS, FortiPAM, FortiProxy, and FortiWeb, and necessitates immediate action to mitigate potential damage. Vulnerability Details CVE-2024-23113 is identified as a
