Information Security Archives | Page 215 of 686

Fintech Blockchain

How Are DOGS and GhostDrive Transforming Digital Decentralization?

The world of cryptocurrency and blockchain technology is witnessing rapid innovation and transformation, with the DOGS project and the GhostDrive platform leading significant advancements in digital decentralization. These groundbreaking initiatives, alongside other emerging Telegram-based games, highlight a broader trend toward decentralized technologies and economies. The implications of such developments are far-reaching, promising to revolutionize various sectors and usher in a

September 12, 2024

Cyber Security

TfL Cyber Attack Exposes Passenger Data, Halts Contactless Rollout

Transport for London (TfL) has revealed that last week’s cyber attack is far more serious than initially perceived, potentially exposing the personal data of thousands of passengers and creating a ripple effect of operational disruptions. This revelation has spotlighted the massive and multi-faceted impacts of the incident, encompassing data security breaches, ongoing cyber threats, and significant challenges in the management

September 12, 2024

Digital Lending / Digital Payments

Swift Envisions Advanced Digital Transactions Through Interlinked Ledgers

In an ambitious move to redefine digital asset transactions and payments, Swift has unveiled its vision to enhance these processes through its extensive global network. Swift aims to leverage advancements in ledger technologies, specifically targeting multi-ledger capabilities for Delivery-versus-Payment (DvP) and Payment-versus-Payment (PvP) functionalities on its secure platform. This initiative comes as a response to the challenges posed by the

September 12, 2024

Digital Lending / Digital Payments

Can Visa Transform Pakistan’s Financial Ecosystem with Digital Payments?

Visa’s newest strategic initiative aims to revolutionize Pakistan’s financial ecosystem by significantly boosting the adoption and infrastructure of digital payments. The company’s ambitious plan focuses on scaling up the number of businesses accepting digital transactions tenfold over the next three years, reflecting a concerted effort towards modernizing and expanding the country’s financial landscape. This sweeping initiative comes at a crucial

September 12, 2024

Cyber Security

Banks Face Heightened Cyber Risk from AI and Supply Chain Breaches

The increasing sophistication of cyber attacks poses an ever-growing threat to financial institutions, particularly banks. With the advent of AI technologies and the complexity of supply chain networks, banks are more vulnerable than ever to cyber breaches. Financial institutions must navigate these challenges with robust security measures and strategic collaborations to ensure the protection of their infrastructures and client data.

September 12, 2024

Data Centres and Virtualization

UK Designates Data Centers as Critical National Infrastructure

The UK government has announced a significant decision to designate data centers as part of its Critical National Infrastructure (CNI). This recognition aims to bolster national security, ensure economic resilience, and promote job creation, reflecting the essential role of data centers in the digital age. With data centers now standing alongside sectors like water, energy, and emergency services, the government

September 12, 2024

Cyber Security

Can XSS Flaws on Gallup’s Website Threaten Election Year Integrity?

In June 2024, a significant cybersecurity incident involving Gallup’s website made headlines and raised alarms due to potential implications, especially in the context of the United States’ election year. Cybersecurity researchers at Checkmarx uncovered critical vulnerabilities on the site, identified as Cross-Site Scripting (XSS) flaws, which could pose severe risks to user data and the integrity of the information presented

September 12, 2024

Fintech Blockchain

Alchemy Pay Integrates TON on Telegram to Simplify Crypto Transactions

In a significant step towards mainstream adoption of cryptocurrencies, Alchemy Pay has integrated its payment solutions with The Open Network (TON) on the Telegram messaging platform. This strategic move aims to simplify digital asset transactions for users by leveraging Telegram’s extensive user base and TON’s robust blockchain technology. The development highlights a broader trend in the financial industry to bridge

September 12, 2024

Cyber Security

Poland’s Supreme Court Stops Investigation into Pegasus Spyware Scandal

The ongoing investigation into the misuse of Pegasus spyware in Poland has come to an abrupt halt following a controversial ruling by the Supreme Court. Intended to probe allegations that the former ruling Law and Justice (PiS) party used the spyware to target political opponents, the investigation has now been blocked, sparking a heated political and legal battle. The decision

September 12, 2024

Fintech Blockchain

Ether.fi Cash: New Non-Custodial Credit Card Leverages Crypto Collateral

The launch of Ether.fi Cash, a crypto-native credit card by Ether.fi, marks a significant milestone in integrating decentralized finance with traditional banking systems. This new credit card is designed to facilitate crypto transactions by leveraging the Ethereum layer-2 scaling network, Scroll, allowing users to pay with cryptocurrency at any location that accepts Visa. One highly notable feature of the Ether.fi

September 12, 2024

Digital Lending / Digital Payments

Amex and Knot Enhance Card-On-File Security and User Convenience

The financial landscape continues to evolve with advancements designed to make transactions smoother and more secure for consumers. One such development is the collaboration between American Express (Amex) and Knot, a card-on-file management company. This partnership aims to revolutionize the way cardholders manage their payment information with retailers, marking a significant milestone in the ongoing digital transformation of financial services.

September 12, 2024

Fintech Blockchain

How Will Finstreet’s Hybrid Blockchain Transform Financial Markets?

Finstreet, a subsidiary of Rorix Holding, has secured eight licenses in Abu Dhabi, signaling a revolutionary step in the financial world by introducing a groundbreaking hybrid blockchain ecosystem. Licensed by the Abu Dhabi Global Market (ADGM), this innovative platform is set to merge traditional and blockchain technologies, impacting the entire lifecycle of financial assets from origination to custody. This ambitious

September 12, 2024