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Information Security

HeptaX Cyberattack Campaign Targets Healthcare with Malicious LNK Files
Cyber Security
HeptaX Cyberattack Campaign Targets Healthcare with Malicious LNK Files

The sophisticated, multi-stage cyberattack campaign spearheaded by the malicious actor group known as HeptaX has predominantly set its sights on the healthcare sector, leveraging malicious LNK files. First identified by Cyble Research and Intelligence Labs (CRIL), this campaign has been actively targeting vulnerable servers with consistent attack methodologies for the past year. HeptaX employs a mix of PowerShell and Batch

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Are Crypto Whales Betting Big on Trump in the 2024 Election?
Fintech Blockchain
Are Crypto Whales Betting Big on Trump in the 2024 Election?

A significant development has emerged in the Polymarket blockchain prediction market, where a substantial amount of cryptocurrency is now being wagered on the upcoming U.S. presidential election. As we approach the critical November date, the focal point has increasingly pivoted towards Donald Trump’s candidacy, with backing from key figures within the crypto community. This trend is particularly evident through the

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Solana Surpasses Ethereum in Daily Transaction Fees Amid Market Surge
Fintech Blockchain
Solana Surpasses Ethereum in Daily Transaction Fees Amid Market Surge

In a striking turn of events in the crypto ecosystem, Solana (SOL) has recently outperformed Ethereum (ETH) in daily transaction fees, signaling an intense rivalry between these two leading blockchain networks. Solana’s achievement of generating over $2.54 million in transaction fees within the past 24 hours, compared to Ethereum’s $2.07 million, underscores a surge in user activity and highlights the

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Strava App Compromises Security of World Leaders from Biden to Putin
Cyber Security
Strava App Compromises Security of World Leaders from Biden to Putin

In the digital age where security and information sharing often clash, a recent investigation has highlighted unsettling vulnerabilities stemming from the seemingly innocuous use of fitness apps by bodyguards of high-profile figures. Strava, a fitness app boasting 120 million users worldwide, has been identified as a source of potentially sensitive information, inadvertently exposing the movements and whereabouts of key individuals

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Blockchain-Based Neobanks Revolutionize Financial Inclusion and Efficiency
Fintech Blockchain
Blockchain-Based Neobanks Revolutionize Financial Inclusion and Efficiency

In recent years, the financial landscape has been undergoing a dramatic transformation. Traditional banks, long plagued by inefficiencies and exclusivity, are facing unprecedented challenges. Approximately 1.4 billion people worldwide remain unbanked, excluded from the financial services that many take for granted. Enter blockchain-based neobanks—innovative, decentralized financial institutions leveraging blockchain technology to democratize access to banking services, enhance security, and significantly

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Eliminating Cyber Threats with Exposure Validation: A Holmesian Approach
Cyber Security
Eliminating Cyber Threats with Exposure Validation: A Holmesian Approach

In the dynamic world of cybersecurity, mimicking the analytical prowess of Sherlock Holmes can be surprisingly beneficial. Holmes’ deductive reasoning offers a compelling blueprint for identifying and prioritizing critical vulnerabilities within an avalanche of potential threats. By emulating a Holmesian approach through exposure validation, organizations can refine their cybersecurity strategies and enhance their overall defenses. The Essence of Exposure Validation

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Open-Source AI Models Exposed to Critical Security Vulnerabilities
Cyber Security
Open-Source AI Models Exposed to Critical Security Vulnerabilities

Researchers recently uncovered over three dozen security vulnerabilities within various open-source artificial intelligence (AI) and machine learning (ML) models. This discovery highlights significant security concerns, some of which could result in remote code execution and information theft. The flaws were identified in widely-used tools such as ChuanhuChatGPT, Lunary, and LocalAI, and were reported through Protect AI’s Huntr bug bounty platform.

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Reinventing Identity Security: Addressing New Cyber Threat Landscapes
Cyber Security
Reinventing Identity Security: Addressing New Cyber Threat Landscapes

With the backdrop of recent high-profile cyber breaches targeting Microsoft, Okta, Cloudflare, and Snowflake, the focus on identity security within organizations has never been more critical. The evolving sophistication of cyber threats necessitates a reevaluation of current identity security measures. Companies must rethink their strategies to better safeguard sensitive data and maintain operational integrity, keeping pace with an ever-changing cyber

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How Are HNWIs Navigating Wealth Management After the Pandemic?
Digital Wealth Management
How Are HNWIs Navigating Wealth Management After the Pandemic?

The global wealth management landscape has undergone significant changes in the wake of the COVID-19 pandemic. High-net-worth individuals (HNWIs) are now navigating a world marked by market volatility, political uncertainties, and evolving economic conditions. To adapt, they are adopting new approaches that focus on sustainable investments, digital assets, tax efficiency, diversification, and philanthropy. These strategies aim to ensure long-term stability

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Cyber Attackers Exploit Cloud APIs with Advanced Phishing Tactics
Cloud
Cyber Attackers Exploit Cloud APIs with Advanced Phishing Tactics

ReliaQuest’s recently published report reveals disturbing methods employed by cyber attackers to exploit cloud environments, shedding light on some sophisticated tactics they use to bypass security measures. Analyzing true-positive alerts from December 2023 to September 2024, the report particularly focuses on how initial access and discovery commands are executed against public-facing cloud APIs. Notably, 28% of these alerts originated from

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Shift4 Simplifies Crypto Payments for Global Merchants with New Feature
Fintech Blockchain
Shift4 Simplifies Crypto Payments for Global Merchants with New Feature

Shift4 has introduced a groundbreaking feature called "Pay with Crypto," which enables global merchants to accept various cryptocurrencies with ease. This forward-thinking solution is powered by Mesh, a connectivity layer designed to simplify crypto payments and deposits. By converting crypto assets such as Bitcoin, Ethereum, Solana, and various stablecoins into local currency, the new feature eliminates the traditional complexities and

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Circle Unveils Confidential ERC-20 Framework for Enhanced Privacy in DeFi
Fintech Blockchain
Circle Unveils Confidential ERC-20 Framework for Enhanced Privacy in DeFi

Circle, the issuer behind the USD Coin (USDC), has recently released a groundbreaking whitepaper titled “Confidential ERC-20 Framework.” This comprehensive document is a collaborative effort between Circle Research and Inco Network. The framework aims to significantly enhance privacy in blockchain applications by introducing a methodology to convert existing ERC-20 tokens into more private wrapped versions on Ethereum Virtual Machines (EVM)

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