Information Security Archives | Page 615 of 686

Data Centres and Virtualization

Principal Asset Management Acquires Logistics Facility in the Netherlands for Data Center Conversion

Principal Asset Management, a prominent player in the real estate industry, has recently made a significant move by acquiring a logistics facility in the Netherlands. This strategic acquisition signals their intention to repurpose the facility into a state-of-the-art data center, catering to the growing demand for digital infrastructure. The facility, located in the Schiphol area of Amsterdam, covers an impressive

August 16, 2023

AI and ML

FraudGPT and the Dawn of Weaponized AI: A New Landscape in Cybersecurity Threats

The cybersecurity landscape is ever-evolving, with attackers constantly developing new techniques to exploit vulnerabilities. In this dynamic environment, FraudGPT has emerged as a subscription-based generative AI tool that promises to revolutionize malicious cyber attacks. This article delves into the significance of FraudGPT in terms of attack tradecraft and its implications for the cybersecurity community. Accessibility and Empowerment of Inexperienced Attackers

August 16, 2023

Fintech Blockchain

Decoding the Cryptosphere: An In-depth Study of Bitcoin and Altcoins

Cryptocurrencies have revolutionized the financial landscape, and at the forefront of this digital revolution is Bitcoin. However, Bitcoin is not the only player in the game, numerous other digital currencies, known as altcoins, have emerged, each with their own unique features and capabilities. Altcoins are cryptocurrencies that are based on blockchain technology, just like Bitcoin, but they offer distinct advantages

August 16, 2023

Digital Lending / Digital Payments

Brazil’s Matera Acquires Cinnecta to Bring AI to Instant Payments, Driving Innovation in the Financial Sector

Brazilian fintech player Matera is set to revolutionize the country’s instant payments landscape by integrating artificial intelligence (AI) into its platform. This major development comes after Matera’s recent acquisition of local outfit Cinnecta, a move that will enable Matera to harness Cinnecta’s advanced AI capabilities. With this strategic partnership, Matera aims to develop innovative products and services tailored to financial

August 16, 2023

DevOps

Reimagining Web3 Gaming: Immutable’s zkEVM Enters Public Testing in Collaboration with Polygon Labs

Immutable, a prominent developer in the blockchain gaming space, has recently entered into a partnership with Polygon Labs to commence public testing of its new innovation, the Immutable Zero-Knowledge Ethereum Virtual Machine (zkEVM). This collaborative effort aims to push the boundaries of decentralized gaming, offering game developers a unique opportunity to leverage lower development costs, enhanced security, and the network

August 16, 2023

Fintech Blockchain

WPAY: Unveiling the Future of Decentralized Payment Systems with Blockchain Technology

The world of finance is undergoing a major transformation with the emergence of groundbreaking technologies such as cryptocurrency, cryptography, distributed ledgers, and blockchain. These advancements are paving the way for a more inclusive, efficient, and secure financial ecosystem. One such innovation is WPAY, a decentralized payment system that leverages cryptographic proof instead of trust. In this article, we will delve

August 16, 2023

Cyber Security

Massive Data Breach at Colorado Department of Health Care Policy and Financing — Over 4 Million Individuals at Risk

The Colorado Department of Health Care Policy and Financing (HCPF) is grappling with a severe data breach caused by the recent MOVEit cyberattack. The breach compromised the personal information of millions of individuals, leading to significant concerns regarding privacy and security. Additionally, the breach at HCPF bears similarities to the one experienced by the Missouri Department of Social Services (DSS),

August 16, 2023

Cyber Security

Multiple Vulnerabilities in ScrutisWeb ATM Fleet Monitoring Software Expose ATMs to Remote Hacks.

In the fast-paced world of technology, ATMs have become an integral part of our lives, providing convenience and accessibility to financial services. However, as with any technology, there are inherent risks, especially when it comes to security. Recently, several vulnerabilities were discovered in the ScrutisWeb ATM fleet monitoring software developed by French company Iagona. These vulnerabilities, if exploited, could allow

August 16, 2023

Fintech Blockchain

Unlocking Liquidity in Steaked Assets: A Comprehensive Guide to Liquid Staking with Lido Finance

With the increasing demand for decentralized applications (dApps) and the growing ecological concerns associated with the energy-intensive Proof-of-Work (PoW) consensus algorithm, Ethereum, the second-largest blockchain platform, is undergoing a significant transformation. Ethereum 2.0 aims to address these challenges by implementing a more energy-efficient and scalable PoS system. This shift to a PoS model is expected to enhance scalability, security, and

August 16, 2023

Cyber Security

Discord.io Shuts Down Operations After Major Data Breach

Discord.io, a popular online community platform, abruptly ceased operations following a severe data breach that compromised the personal information of its 760,000 members. The breach has sent shockwaves throughout the online community, raising concerns about the security of user data and the potential risks faced by those affected. Details of the Data Breach In a disturbing turn of events, a

August 16, 2023

Robotic Process Automation In Fintech

Artificial Intelligence Emerges as a Key Solution to Combat Money Laundering Challenges

The global fight against money laundering faces growing challenges, calling for innovative solutions to effectively detect and prevent financial crimes. In this regard, artificial intelligence (AI) has emerged as the preferred choice to combat money laundering tactics. This article delves into the rising concerns surrounding complex money laundering strategies utilizing generative AI, the pressing issue of cryptocurrency laundering, and the

August 16, 2023

DevOps

Shanghai Aims to Build Blockchain Infrastructure to Become a Global Hub of Innovation

Shanghai, one of China’s leading cities, has announced ambitious plans to establish a comprehensive blockchain infrastructure. The city aims to streamline its processes across various sectors of its economy, public services, and governance. With a vision to become an international epicenter for blockchain technology, Shanghai seeks to leverage the potential of this transformative technology. The initiative will be carried out

August 16, 2023