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Information Security

Emerging AI Start-up Citrusx Garners $4.5 Million Seed Funding to Demystify and Democratize AI Compliance
AI and ML
Emerging AI Start-up Citrusx Garners $4.5 Million Seed Funding to Demystify and Democratize AI Compliance

Tel Aviv-based startup, Citrusx, has successfully raised $4.5 million in a seed round of funding. The company’s primary focus is to pioneer compliance solutions that streamline processes for AI companies and their customers. Citrusx aims to provide business stakeholders with a thorough understanding of the AI models they utilize, while ensuring compliance with regulations and ethical practices. Overview of Citrusx’s

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Russian Government Aims to Fast-Track Digital Ruble: All Citizens to Use CBDC by 2024
Digital Wealth Management
Russian Government Aims to Fast-Track Digital Ruble: All Citizens to Use CBDC by 2024

The Russian government has announced its intention to accelerate the launch of the digital ruble, asserting that all citizens will be able to utilize the Central Bank Digital Currency (CBDC) by 2024. This ambitious timeline marks a significant shift from the previous projection of a nationwide rollout by 2027. The announcement demonstrates the government’s growing confidence in the potential of

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Unleashing an Alarming Breach: Adobe ColdFusion Vulnerability Exposes Critical Cyber Onslaught
Cyber Security
Unleashing an Alarming Breach: Adobe ColdFusion Vulnerability Exposes Critical Cyber Onslaught

In a recent cybersecurity advisory, the Cybersecurity and Infrastructure Security Agency (CISA) unveiled a significant breach that exploited a critical vulnerability within Adobe ColdFusion. This breach served as a wake-up call to the potential dangers faced by government systems. The hackers behind this faceless cyber onslaught gained unfettered access and executed arbitrary code, posing a grave threat to the compromised

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Meta Unveils Default End-to-End Encryption for Messenger, Revolutionizing Private Communication
Cyber Security
Meta Unveils Default End-to-End Encryption for Messenger, Revolutionizing Private Communication

In a historic revelation, Meta has declared a paradigm shift for its Messenger platform, unveiling the implementation of default end-to-end encryption for all personal messages and calls. This pivotal moment is destined to reshape the landscape of private communication, granting users enhanced security and unprecedented privacy. The implementation efforts behind this transformation involved years of strategic planning and development, requiring

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Henry Schein Data Breach: Personal Details of Nearly 30,000 Employees Exposed
Cyber Security
Henry Schein Data Breach: Personal Details of Nearly 30,000 Employees Exposed

Henry Schein, a prominent healthcare tech and product distribution business, recently suffered a significant data breach that exposed the personal details of nearly 30,000 employees. The company has taken steps to inform its workforce about the extent of the breach, highlighting the need for increased cybersecurity measures in today’s digital landscape. Impact of the ransomware attack on Henry Schein’s operations

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Securing Non-Human Access Credentials: A Critical Imperative
Cyber Security
Securing Non-Human Access Credentials: A Critical Imperative

In today’s digital landscape, where cloud services and interconnected apps are prevalent, a new perimeter has emerged: non-human access credentials. These access credentials, including API keys, tokens, service accounts, and secrets, play a crucial role in connecting apps and resources to various cloud services. However, they also pose significant security risks if not properly secured. In this article, we will

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CosVM: Revolutionizing Blockchain Technology with Optimized Interoperability and Smart Contracts
Fintech Blockchain
CosVM: Revolutionizing Blockchain Technology with Optimized Interoperability and Smart Contracts

Today marks a significant milestone in the blockchain industry with the launch of CosVM (Cosmos Virtual Machine). This open-source blockchain protocol revolutionizes the landscape of blockchain technology by seamlessly merging the powerful tooling of Ethereum with the scalability of the Cosmos network. CosVM presents a groundbreaking solution that addresses vital aspects of scalability, cross-chain collaboration, and developer-friendliness, making it a

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Shifting Paradigms: Effective Security Auditing in the Cloud-Native Landscape
Cloud
Shifting Paradigms: Effective Security Auditing in the Cloud-Native Landscape

In this age of digital transformation, organizations are rapidly adopting cloud-native environments, leveraging their scalability, flexibility, and cost efficiency. However, alongside these benefits, new security challenges arise. Cloud-native security auditing becomes imperative to evaluate the security posture of applications and infrastructure in cloud-native environments. Challenges with traditional security auditing methods in cloud-native environments Traditional security auditing methods, primarily designed for

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Advancing Web 3.0: A Strategic Partnership Between LBank Labs and Hancom Frontis
Fintech Blockchain
Advancing Web 3.0: A Strategic Partnership Between LBank Labs and Hancom Frontis

In a significant move towards advancing the Web 3.0 blockchain sector, LBank Labs, the investment arm of LBank Exchange, has announced a strategic partnership with Hancom Frontis, a leader in metaverse platform development. This collaboration marks a new chapter in the evolution of decentralized platforms, user-centric experiences, and interoperability within the internet landscape. By leveraging Hancom Frontis’s metaverse platform and

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The Future of Payments: A Deep Dive into 2024 and Beyond
Digital Lending / Digital Payments
The Future of Payments: A Deep Dive into 2024 and Beyond

The world of payments is evolving at an unprecedented pace, driven by technological advancements and changing consumer preferences. As we approach the year 2024, it becomes evident that decentralized systems, enhanced security measures, personalized experiences, and sustainable practices are set to shape the payments landscape. In this article, we delve into the key trends that will define payments in the

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Blackstone Expands Bet on Data Centers with $7 Billion Venture with Digital Realty Trust
Data Centres and Virtualization
Blackstone Expands Bet on Data Centers with $7 Billion Venture with Digital Realty Trust

The global demand for data centers continues to surge as businesses increasingly rely on cloud services and artificial intelligence (AI) technology. Recognizing this trend, Blackstone, one of the world’s leading investment firms, is expanding its presence in the data center industry through a new venture with Digital Realty Trust. The partnership aims to develop four data center campuses in Frankfurt,

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North Korean Hackers Utilize Dlang-Based Malware in Targeted Attacks
Cyber Security
North Korean Hackers Utilize Dlang-Based Malware in Targeted Attacks

North Korean hackers have recently been employing Dlang-based malware, a relatively uncommon programming language, for malicious purposes. Lazarus, a North Korea-linked hacking group, has been identified as the culprit behind these attacks. This article delves into the rise of Dlang in malware development and provides an analysis of Lazarus’ three Dlang malware families. It also explores the overlapping activity with

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