The Swiss National Bank (SNB) has recently made an exciting announcement, unveiling its plans to create a wholesale central bank digital currency (wCBDC). The introduction of a digital currency aims to explore its practicality and performance in real-world transactions with market participants. As countries worldwide embark on similar initiatives, Switzerland is taking a cautious approach to ensure the stability of
In an effort to adapt to the changing landscape of global currencies and the rise of the digital economy, the Bank of England (BoE) has undertaken extensive research on developing a digital pound. With the goal of re-establishing the pound as the preferred global reserve currency, the BoE is exploring the potential of Central Bank Digital Currency (CBDC) solutions. This
The threat landscape continues to evolve with the emergence of sophisticated threat actors. One such threat actor, Andariel, aligned with North Korea and associated with the infamous Lazarus Group, has recently been observed leveraging a previously undocumented malware called EarlyRat in phishing attacks. This article delves into the methods employed by Andariel, their connection to the Lazarus Group, and the
In recent years, ChatGPT has gained significant attention for its advanced conversational capabilities. However, its journey has not been without challenges. This article delves into the lack of trust in ChatGPT’s accuracy and reliability, reluctance to trust its information, concerns regarding safety and security, the impact on internet safety, the need for audited safety guidelines, the response after itroduction, uncertainty
As the digital landscape continues to evolve, cybersecurity threats are on the rise, posing significant challenges for organizations worldwide. Phishing attempts, in particular, have emerged as a major concern in various regions, including South America, the UK, Australia, and North America. Additionally, the devastating issues of Ransomware-as-a-service (RaaS) and Business Email Compromise (BEC) have had severe repercussions in North America.
Blockchain technology has been revolutionizing various industries with its decentralized and transparent nature. In recent times, experiments conducted with both simulated and real robots have shed light on the potential of blockchain in the realm of robot swarms. This article delves into the findings of these experiments, highlighting the benefits of incorporating blockchain technology in robot swarms and its implications
WordPress, one of the most popular content management systems (CMS) in the world, is facing a severe security threat. Over 200,000 websites using the Ultimate Member plugin are currently exposed to ongoing attacks targeting a critical vulnerability. Tracked as CVE-2023-3460, this security flaw allows attackers to add a new user account to the administrators’ group, potentially granting them full control
The US Cybersecurity and Infrastructure Security Agency (CISA) has recently added several vulnerabilities affecting Samsung smartphones to its Known Exploited Vulnerabilities Catalog. These vulnerabilities have been identified as potential targets for exploitation by a commercial spyware vendor. In addition to the Samsung smartphone vulnerabilities, CISA also included D-Link router and access point vulnerabilities in its catalog, which were targeted by
Proton, a renowned technology company, has recently announced the global launch of Proton Pass, their innovative open-source password manager. With an emphasis on security and user privacy, Proton Pass aims to provide a seamless and protected experience for managing passwords and protecting online identities. Availability Available as a browser extension for popular browsers such as Chrome, Firefox, and Edge, as
The growing popularity and value of cryptocurrencies have attracted a surge in scams, hacks, and rug pulls, resulting in significant financial losses. In the first half of 2023, these losses amounted to approximately $656 million. This article delves into the trends and key findings surrounding cryptocurrency losses, highlighting the decrease compared to previous periods and exploring the dominant causes and
The California Department of Public Health (CDPH) has recently made a significant change to the definition of a COVID-19 outbreak in non-healthcare settings. This change, which reduces the timeframe for counting COVID-19 cases within an exposed group from 14 days to 7 days, has profound implications for employers and their ability to manage outbreaks effectively. Previous Outbreak Definition and Requirements
The ever-growing decentralized finance (DeFi) ecosystem continues to captivate the financial world, with billions of dollars in daily trading volume being generated. However, this flourishing industry also faces challenges, as evidenced by significant losses of funds from exploits and scams in the second quarter of 2023. In this article, we will delve into the expanding DeFi landscape, covering topics such
