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Information Security

Can Global Cooperation Defeat Cybercrime Threats Like LockBit and Evil Corp?
Cyber Security
Can Global Cooperation Defeat Cybercrime Threats Like LockBit and Evil Corp?

The fight against cybercrime has escalated to a critical point, as international law enforcement agencies grapple with the sophisticated and far-reaching operations of cybercriminals such as LockBit and Evil Corp. These two organizations, notorious for their ransomware attacks and financial crimes, have caused significant disruptions and financial losses on a global scale. The growing threat they pose has necessitated unprecedented

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How Can You Secure OT Systems Against Growing Cyber Threats?
Cyber Security
How Can You Secure OT Systems Against Growing Cyber Threats?

In today’s digital age, the cybersecurity of Operational Technology (OT) systems is a pressing concern for organizations, especially those in critical infrastructure sectors like energy, water treatment, and manufacturing. Unlike Information Technology (IT) systems, OT systems manage physical processes that, if compromised, can have life-threatening consequences. This article delves into a comprehensive framework for fortifying OT environments against burgeoning cyber

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Critical Security Flaw in Ivanti EPM Exploited; CISA Urges Immediate Patches
Cyber Security
Critical Security Flaw in Ivanti EPM Exploited; CISA Urges Immediate Patches

A significant security vulnerability in Ivanti Endpoint Manager (EPM) has been actively exploited, leading the U.S. Cybersecurity and Infrastructure Security Agency (CISA) to demand federal agencies implement vital patches. The vulnerability, classified as CVE-2024-29824, holds a critical severity score of 9.6 out of 10, indicating the potentially devastating impact on affected systems. Found in the Core server of Ivanti EPM

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Critical Zimbra Flaw Exploited: Urgent Patch Needed to Mitigate Risk
Cyber Security
Critical Zimbra Flaw Exploited: Urgent Patch Needed to Mitigate Risk

In a recent turn of events, cybersecurity experts have uncovered a troubling campaign targeting a crucial vulnerability in the Zimbra Collaboration suite. This vulnerability, known as CVE-2024-45519, poses significant risks to enterprise communication systems. The flaw affects Zimbra’s postjournal service, allowing unauthorized attackers to execute arbitrary commands on vulnerable instances. The unfolding of this serious threat underscores the need for

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OwlTing and Visa Partner to Deliver Real-Time Cross-Border Payments
Digital Lending / Digital Payments
OwlTing and Visa Partner to Deliver Real-Time Cross-Border Payments

The financial technology landscape is evolving rapidly, bringing innovative solutions to enhance international transactions. A recent announcement on October 1, 2024, has captured the attention of the global financial community: OwlTing, a global blockchain fintech company, is partnering with Visa, a leader in digital payments. This collaboration aims to streamline cross-border payments through the integration of Visa Direct solutions with

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How Will X Empire’s Airdrop Reward Engagement and Community Efforts?
Fintech Blockchain
How Will X Empire’s Airdrop Reward Engagement and Community Efforts?

In a major move to promote transparency and fairness, X Empire, a popular Telegram-based tap-to-earn (T2E) game, has announced an upcoming token airdrop. The platform plans to distribute 70% of its total token supply to participants based on their engagement and community contributions. This announcement follows the completion of X Empire’s mining phase, which saw an impressive participation of nearly

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Are Evil Corp and LockBit the Most Resilient Cybercriminal Networks?
Cyber Security
Are Evil Corp and LockBit the Most Resilient Cybercriminal Networks?

The world of cybercrime is continuously evolving, with certain groups standing out for their resilience and ability to adapt in the face of growing law enforcement actions. Among these, Evil Corp and LockBit have gained notoriety not only for the scale of their operations but also for their remarkable capacity to withstand and adapt to various forms of crackdown from

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FIS Launches Digital Trading Storefront to Revolutionize Trading Experience
Digital Wealth Management
FIS Launches Digital Trading Storefront to Revolutionize Trading Experience

FIS, a global leader in financial technology solutions, has unveiled its Digital Trading Storefront, an innovative platform designed to transform the trading landscape for banks, brokers, market makers, and fund managers. This groundbreaking platform seeks to enhance the existing FIS Cross-Asset Trading and Risk Platform by incorporating cutting-edge digital features such as hyper personalization and real-time trade execution. In an

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Are European IT Security Teams Struggling Due to Understaffing?
Cyber Security
Are European IT Security Teams Struggling Due to Understaffing?

In today’s digital age, the security of IT systems has never been more critical. European IT security teams are tasked with safeguarding data against a myriad of cyber threats. However, recent findings suggest that these teams are grappling with significant challenges, particularly understaffing and lack of resources. The Current State of European IT Security Teams Understaffing: A Major Concern A

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Zilliqa Blockchain Disrupted by Bugs, Recovery Efforts Ongoing
DevOps
Zilliqa Blockchain Disrupted by Bugs, Recovery Efforts Ongoing

The Zilliqa blockchain network recently encountered substantial instability due to back-to-back bugs, disrupting its block production processes. These events have raised considerable concern amongst its user base and the broader blockchain community. Disruption Caused by System Bugs Initial Bug and Preliminary Fix Between September 27-29, the Zilliqa mainnet was hit by critical network bugs. On September 27, the initial bug

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Is Bitcoin a Safe Haven Asset in Today’s Volatile Market?
Fintech Blockchain
Is Bitcoin a Safe Haven Asset in Today’s Volatile Market?

In an increasingly volatile global market, investors are continually seeking assets that can serve as a reliable hedge to protect their wealth. Historically, gold has been the go-to safe haven, providing stability in uncertain economic conditions. However, with the rise of digital currencies, Bitcoin has stormed into the financial scene, prompting discussions and debates on its potential as a safe

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Orion DAO’s ORN Token Decline: Transition to LUMIA Analyzed
Fintech Blockchain
Orion DAO’s ORN Token Decline: Transition to LUMIA Analyzed

The cryptocurrency market recently experienced notable developments concerning Orion DAO’s native ORN token, which has faced a significant decline in market value following Binance’s announcement of its impending delisting. In a strategic maneuver, Orion DAO has decided to rebrand the ORN token to the LUMIA token. This article explores the ramifications of this transition, the various responses from the market

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