In a groundbreaking development for financial markets, Banco Santander, Lloyds Banking Group, and UBS have successfully completed the first uncleared bilateral margin payments using a digital representation of central bank funds on the Sterling Fnality Payment System (£FnPS). This pivotal event underscores the potential of Distributed Ledger Technology (DLT) in revolutionizing how inter-bank transactions are managed and settled. The pilot
Private 5G specialist Celona has recently unveiled Aerloc, an advanced suite of security features specifically designed for industrial customers deploying private 4G and 5G networks. This innovative development is crucial for industrial IoT settings, including manufacturing and energy production, where data latency, reliability, and security are of paramount importance. As industrial sectors increasingly rely on sophisticated connectivity solutions to maintain
In recent months, the Russian cyber threat group known as Midnight Blizzard executed a meticulously planned phishing attack, targeting a diverse array of sectors globally. This large-scale campaign began on October 22, 2024, and has since raised significant concerns among cybersecurity experts. Here’s an in-depth look into how Midnight Blizzard orchestrated this sophisticated cyber-espionage operation. Impersonation Tactics and Trust Exploitation
Gelato, a trailblazing network dedicated to smart contract automation, has successfully secured $11 million in a Series A+ funding round. This significant achievement, spearheaded by Hack VC and supported by key investors, including Animoca Brands, IOSG Ventures, and Bloccelerate VC, pushes Gelato’s total funding to a notable $23 million. This new infusion of capital is poised to scale Gelato’s state-of-the-art
The rapid adoption of hybrid and multi-cloud environments has introduced significant complexity to network management. Infoblox addresses these challenges with its Universal DDI Product Suite, offering a streamlined, secure, and efficient way to manage DNS, DHCP, and IP address management (DDI) services. This article explores how Infoblox simplifies DDI management across multi-cloud networks. Centralized Management of DDI Services Unified Platform
The Sysdig 2024 Global Threat Year-in-Review sheds light on the escalating economic and operational impact of cloud-based cyber attacks, which continue to grow in both frequency and sophistication. Compiled by Sysdig’s Threat Research Team, the report uncovers a worrying trend: the exploitation of artificial intelligence (AI) resources and the rampant theft of cloud credentials. Among the most alarming findings is
Westcon-Comstor has announced an agreement with Cloudflare to distribute its cybersecurity and connectivity solutions across Indonesia, Malaysia, and Singapore. This partnership is set to significantly enhance the availability of Cloudflare’s services in the region. By integrating Cloudflare’s advanced cloud cybersecurity, DDoS mitigation, and connectivity solutions like Cloudflare One into their offerings, Westcon-Comstor aims to provide unparalleled support to local digital
Security researchers have recently identified a critical remote code execution (RCE) vulnerability in VMware vCenter Server, designated as CVE-2024-38812. This heap-overflow flaw, found in the server’s handling of the DCERPC protocol, poses a significant threat to organizations leveraging VMware’s widely-used virtualization platform. Discovered in September 2024, this vulnerability has been assigned a CVSS score of 9.8, indicating its high severity.
Recent discoveries have unveiled a significant vulnerability in widely used AI models like ChatGPT-4o, allowing them to be tricked into generating harmful exploit code. This technique, revealed by Marco Figueroa, exploits a linguistic loophole involving hex conversion, which causes the AI to process malicious content without recognizing its potential danger. Because ChatGPT-4o is optimized for natural language instructions, it fails
In a strategic move targeting the financially elite, Binance, the world’s leading cryptocurrency exchange by trading volume, has launched a new service called Binance Wealth. Unveiled on October 29, 2024, Binance Wealth aims to provide high-net-worth individuals (HNWIs) with unparalleled access to a comprehensive range of digital assets. This elite service, managed by dedicated private client managers, is designed to
As the US presidential election on November 5, 2024, draws near, seasoned investors are devising strategic methods to protect their portfolios from potential market turbulence. Arthur Hayes, co-founder of BitMEX and Chief Investment Officer at Maelstrom, stands out among them with his meticulous approach to mitigating these risks. Hayes is leveraging the USDe stablecoin developed by Ethena Labs to guard
In recent weeks, the XRP Ledger Automated Market Maker (AMM) protocol developed by Ripple Labs has experienced a transformative surge in transaction volumes, significantly impacting the decentralized trading landscape. This impressive increase in activity has stirred the cryptocurrency community, with experts pinpointing the unique qualities of XRPL AMM that facilitate decentralized, permissionless trading and offer new liquidity opportunities. Within a
