Square has rolled out global offline payment processing for merchants, a move set to revolutionize transactions. Now, a substantial 90% of those using Square’s hardware can handle payments even without an active internet connection. This key integration spans all of Square’s hardware options, ensuring that operations for sellers in areas plagued by internet issues or for those who often find
In a significant development for the fintech sector, the internationally acclaimed company Unlimit has established a strong foothold in the Indian financial ecosystem. This comes as Unlimit has secured an Online Payment Aggregator license granted by the Reserve Bank of India, signaling a new era in the nation’s digital payment infrastructure. Known for their state-of-the-art payment solutions, Unlimit is poised
The tranquil expanse of the Texas Panhandle belies a simmering cyber threat that has put the most unexpected of targets at risk – the water systems of its small towns. A series of cyberattacks, culminating in a significant breach in January that led to a water system overflow, has shone a spotlight on the vulnerability of public utilities across the
ComplyAdvantage, a leader in the space of financial crime detection and prevention, has strategically acquired Golden, signaling a pivotal shift in the fight against financial crime. This union is poised to fuse ComplyAdvantage’s expansive data-driven insights with Golden’s cutting-edge approach to knowledge graph automation and natural language processing. The acquisition promises to markedly enhance the former’s capabilities in real-time, dynamic
Cybersecurity experts are sounding the alarm about a surge in zero-click vulnerabilities reminiscent of the devastating NotPetya attack in 2017. These vulnerabilities, particularly prevalent in mobile operating systems, are a growing concern as they can be exploited without user interaction, making them especially dangerous and difficult to detect. The rise of such exploits marks a troubling trend that could lead
UnitedHealth Group is grappling with turmoil as Change Healthcare, one of its IT arms, was hit by a sophisticated ransomware attack. This breach has set off alarms due to the potential compromise of sensitive personal and medical data belonging to a vast number of Americans. The implications of such an incursion are severe, highlighting the ever-present challenges of cybersecurity within
Russian APT groups, notably APT28 with links to the GRU, are advancing their cyber espionage activities. Microsoft’s report highlights APT28’s new “GooseEgg” operation which targets multiple regions, with a specific focus on Ukraine, as well as Europe and North America. This campaign demonstrates the escalating complexity of cybersecurity threats on a global scale. The “GooseEgg” campaign exemplifies the persistent and
In March, Ukraine’s essential services came under a fierce and well-coordinated cyber assault by the infamous APT44 unit, also recognized as Sandworm. This group, with connections to Russia, launched a sophisticated series of cyberattacks aimed at disrupting key elements critical to Ukrainian society. These digital offensives are indicative of an evolving warfare landscape, wherein cyberattacks are increasingly used in concert
The cybersecurity landscape is in constant flux, with adversaries devising new strategies to undermine protections. According to the latest Mandiant M-Trends 2024 Report, there is a noticeable shift in the techniques employed by cyber attackers. They are moving away from traditional phishing attacks toward a more sophisticated approach, which includes the exploitation of system vulnerabilities. This tactical shift indicates a
Facing Ethereum’s scalability challenges, with high fees and slow transactions due to limited throughput, Celo is emerging as a beacon of innovation with a fresh Layer 2 solution for the blockchain. The team at cLabs is focused on refining Ethereum’s ability to handle a growing user base by employing Optimistic Rollups and zkRollups technology. These solutions promise to batch transactions
In the dynamic realm of e-commerce, fraud is a pervasive challenge. ClearSale has distinguished itself as a frontrunner in combating online fraud, offering heightened protection for both merchants and shoppers. By merging sophisticated machine learning with the acumen of experienced analysts, ClearSale presents a formidable defense against fraud. This approach precisely identifies and excludes fraudulent actions, preserving legitimate sales. The
In an age where data reigns supreme, effectively harnessing it is vital for any business’s success. Hitachi Vantara, a subsidiary of Hitachi, Ltd., introduces the Hitachi Virtual Storage Platform One (VSP One), designed to meet the complex demands of data management. The VSP One emerges as a sophisticated storage solution, well-timed with the growing challenges presented by the rise of
