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Category: Cybersecurity in Fintech

Unlocking Secrets: Understanding Encryption Backdoors and Their Implications

Unlocking Secrets: Understanding Encryption Backdoors and Their Implications

supportFeb 15, 2025

The U.K. government is pressuring Apple to create a backdoor in its iCloud end-to-end encryption system, allowing state access to user data without consent. This…

Meta Unveils 'Project Waterworth': A Groundbreaking 50,000 km Global Subsea Cable Initiative

Meta Unveils ‘Project Waterworth’: A Groundbreaking 50,000 km Global Subsea Cable Initiative

supportFeb 14, 2025

Meta has launched Project Waterworth, an ambitious subsea cable initiative aimed at enhancing global connectivity and improving its digital services for billions of users. Spanning…

Valve Takes Action: Steam Game Pulled for Malware Threats!

Valve Takes Action: Steam Game Pulled for Malware Threats!

supportFeb 13, 2025

Valve has removed the game PirateFi from its Steam platform due to malware concerns, alarming users who may have downloaded it. The game, which was…

Spyware Company Exposed: Years of Distributing Malicious Android Apps

Spyware Company Exposed: Years of Distributing Malicious Android Apps

supportFeb 13, 2025

Investigations have revealed that SIO, an Italian spyware manufacturer, is linked to malicious Android apps mimicking popular platforms like WhatsApp, designed to steal users’ private…

CyberArk Acquires Zilla Security for Up to $175 Million: A Major Move in Cybersecurity

CyberArk Acquires Zilla Security for Up to $175 Million: A Major Move in Cybersecurity

supportFeb 13, 2025

CyberArk has acquired Zilla Security, an identity governance and administration platform, for up to $175 million, including $165 million in cash and a $10 million…

Sophos Cuts 6% of Workforce After Secureworks Acquisition: What This Means for the Cybersecurity Landscape

Sophos Cuts 6% of Workforce After Secureworks Acquisition: What This Means for the Cybersecurity Landscape

supportFeb 13, 2025

Sophos, a U.K.-based cybersecurity firm, is laying off 6% of its workforce following its $859 million acquisition of U.S. firm Secureworks. A spokesperson confirmed that…

Paragon Confirms U.S. Government's Use of Their Spyware Solutions

Barcelona Spyware Startup Variston Closes Doors: Key Insights from Recent Filing

supportFeb 13, 2025

Variston, a Barcelona-based spyware vendor, has officially ceased operations, confirmed by a legal notice on February 10, 2023. Founded in 2018 by Ralf Wegener and…

DOJ Confirms FBI's Major Operation to Eradicate Chinese Malware from Thousands of US Computers

China’s Salt Typhoon Hackers Persist in Telecom Breaches Despite US Sanctions: A Growing Cyber Threat

supportFeb 13, 2025

Security researchers have expressed alarm over the ongoing activities of the Chinese government-linked hacking group, Salt Typhoon. Despite recent U.S. sanctions, the group breached five…

Drata Expands Security Compliance Solutions with $250M Acquisition of SafeBase

Drata Expands Security Compliance Solutions with $250M Acquisition of SafeBase

supportFeb 12, 2025

Drata, a prominent security compliance automation platform, has acquired software security review startup SafeBase for $250 million to enhance its compliance offerings for frameworks like…

SGNL Secures $30M Investment to Revolutionize ID Security with Zero-Standing Privileges

SGNL Secures $30M Investment to Revolutionize ID Security with Zero-Standing Privileges

supportFeb 12, 2025

Startup SGNL has raised $30 million in a Series A funding round led by Brightmind Partners, with participation from Microsoft and Cisco Investments, bringing its…