The cybersecurity landscape is currently facing a surge in threats, particularly from infostealer malware, which targets sensitive data theft. Kaspersky Digital Footprint Intelligence has released a report indicating a shocking sevenfold increase in these threats, with nearly 10 million devices compromised. Attackers are increasingly sophisticated in their methods, resulting in an alarming rate of stolen credentials—approximately 50.9 per affected device.
The emergence of a digital euro marks a significant shift in the financial landscape, as the move towards a cashless society becomes more pronounced. This trend has substantial implications, especially for countries outside the Eurozone, such as Sweden. These nations face a new reality where their monetary sovereignty might be challenged by the proliferation of a digitized pan-European currency. The
The emergence of Vultur, a new banking Trojan, marks a significant shift in the landscape of mobile security. With precision-like capabilities, akin to the predatory bird it’s named after, it signals a new era of sophisticated mobile malware attacks. Unlike earlier versions that relied on deceit to capture user credentials, Vultur adopts a more aggressive strategy by directly taking control
Amid the surge of cryptocurrency thefts, M2 Recovery has innovatively developed the first insurance plan specifically tailored to shield cryptocurrency investors from the financial burden of legal expenses incurred while reclaiming stolen digital assets. This pioneering insurance policy is a strategic response to a growing concern within the cryptocurrency community, providing a much-needed safety net against the volatility and risks
Coinbase, a significant player in the cryptocurrency arena, has recently released a research report that paints a hopeful picture for the crypto market as we head into the latter part of the year. Despite the market turbulence experienced in recent times, the analysis suggests that a number of elements might lead to a positive upswing for digital currencies in the
The decentralized exchange platform FixedFloat has experienced yet another blow to its reputation and operations as it falls victim to another security breach. In what appears to be a sophisticated cyberattack, the platform has reportedly lost approximately $2.8 million. This sum was siphoned off from its hot wallet, which operated on the Ethereum chain. The hack was executed with precision
The UK and the US have jointly taken a historic step for AI’s future by signing a significant Memorandum of Understanding. The UK’s Technology Secretary, Michelle Donelan, along with US Commerce Secretary, Gina Raimondo, have agreed to pioneer AI safety measures. This partnership reflects the evolution of the “special relationship,” building upon the security collaboration akin to that of GCHQ
Gomble Games is pioneering the fusion of blockchain technology with casual gaming, setting itself apart in an age where technology reshapes entertainment. This forward-thinking approach uniquely blends the ease of casual games with the economic potential offered by Web3 technologies. As the intersection between digital economies and conventional gaming grows more intertwined, Gomble positions itself as a leader in this
Secure access service edge, or SASE, is swiftly becoming essential in the network security strategies of contemporary businesses. Merging network and security functions into a unified cloud-native service, SASE offers notable advantages like efficient management and enhanced access controls. To effectively implement a SASE framework, companies need to follow a well-thought-out plan. Key steps include evaluating current network and security
The debate over meme coins is highlighting a pivotal point for the blockchain community—a balance between the technology’s foundational ideals and its societal duties. These discussions, fueled by events such as the controversies at the BUIDL Asia conference in Seoul, have revealed deep divides among blockchain enthusiasts. At the heart of the matter is whether adherence to regulatory standards is
After a brief pause for Easter, US financial markets are back up and running, while their European and Asian counterparts extend the holiday break. This reopening is not a quiet one, as a slew of economic reports await investors who are eager to understand the implications for Federal Reserve policy. At the heart of this week’s scrutiny is a series
In an age where digital infrastructures have become the backbone of global business operations, World Cloud Security Day 2024 stands as an emblematic event prompting a profound dialogue on the safeguards governing our ethereal data realms. As organizations increasingly migrate to the cloud, reaping its myriad benefits of flexibility, scalability, and cost-effectiveness, the flip side of this technological boon surfaces—vulnerabilities
