Tagged: security

December 10, 2023 @ 4:43 pm By Omar Faridi  |  

Tether, which claims to be the largest company in the cryptocurrency industry, announced its latest initiative aimed “at safeguarding the cryptocurrency ecosystem.” On December 1, 2023, the company made the decision to “initiate a new voluntary wallet-freezing policy designed to combat activity connected with Sanctioned… Read More

December 4, 2023 @ 3:22 pm By Omar Faridi  |  

Based on the insights from the SlowMist Blockchain Hacked Archive, the month of November 2023 was marked by “a significant number of security breaches within the blockchain sector.” In total, 47 distinct incidents were recorded, “cumulatively leading to a substantial loss estimated at around $349… Read More

December 3, 2023 @ 6:40 pm By Omar Faridi  |  

Estateguru reveals that they have now added Google Authenticator, which should help with providing additional security for clients’ accounts. As noted in a blog post by Estateguru, cybercrime is on the rise “in the digital age, and the days when a simple password was enough… Read More

November 28, 2023 @ 10:19 pm By Omar Faridi  |  

Blockdaemon Institutional Wallet is now supported with cold storage, tokenization features as well as Azure support. Blockdaemon says it is unveiling three major enhancements to the Blockdaemon Institutional Wallet, which include: Cold Storage, Tokenization and Azure Cloud support. These features collectively aim to “enhance the… Read More

November 27, 2023 @ 3:44 pm By Omar Faridi  |  

Socure, the provider of Artificial Intelligence for digital identity verification, sanction screening and fraud prevention, announced its Socure ID+ platform has achieved the “In Process” designation from the Federal Risk and Authorization Management Program (FedRAMP) and is now “listed on the FedRAMP Marketplace.” Socure’s ID+… Read More

November 24, 2023 @ 3:25 pm By Omar Faridi  |  

SlowMist and Sinohope Technology Holdings Limited, a comprehensive digital asset custody platform, announced a strategic partnership uniting the two companies. The two parties will carry out active security business cooperation “in MPC security audit, digital asset Anti-money laundering (AML), Web3 threat intelligence cooperation Network, digital… Read More

November 19, 2023 @ 5:14 pm By Omar Faridi  |  

Nexo, the institution for digital assets, is advancing in cloud infrastructure security with the attainment of the Cloud Security Alliance’s Security, Trust & Assurance Registry (STAR) Level 1 Certification. Following the recent successful completion of the prestigious SOC 2 Type 2 audit and the 2019… Read More

November 19, 2023 @ 5:24 am By Omar Faridi  |  

Maybank announces that all transactions from Maybank2u Biz app and web platforms will require Secure2u authorisation. All Maybank2u Biz account holders are “recommended to activate the Secure2u authorization before 26 November 2023. Any activation of Secure2u for Maybank2u Biz app after 26 November 2023 will require a… Read More

November 17, 2023 @ 9:19 am By Omar Faridi  |  

HYPR, The Identity Assurance Company, and Yubico (NASDAQ: YUBICO), the provider of hardware authentication security keys, have published a new study on challenges, perceptions and outcomes in “the usage of password and passwordless authentication technologies.” The report, titled “Transcending Passwords: The Next Generation of Authentication”… Read More

November 13, 2023 @ 5:41 pm By Omar Faridi  |  

Digital ID verification company IDVerse (previously known as OCR Labs Global) today announces joining the Mastercard Engage partner program in order “to offer a fully automated identity verification solution to Mastercard customers.” IDVerse’s technology enables Mastercard “to reach a wider range of connected devices by… Read More

November 13, 2023 @ 8:12 am By Omar Faridi  |  

Circle has unveiled a new v2.2 upgrade to USDC and EURC that significantly reduces gas costs, improves support “for account abstraction, and further bolsters security for transactions on EVM blockchains.” The upgrade adds to the momentum of USDC innovation “after its recent expansion to 6… Read More

November 9, 2023 @ 6:26 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is announcing the addition of four new distinguished members to Coinbase’s Global Advisory Council: Mark Esper, Stephanie Murphy, Frances Townsend, and David Urban. The Global Advisory Council was established “with the purpose of bringing together accomplished leaders with strategic insights to advise Coinbase’s… Read More

November 7, 2023 @ 9:29 pm By Omar Faridi  |  

Ron Green has been named Mastercard Fellow in order “to drive innovation in security; Michael Lashlee will lead Corporate Security” As part of its ongoing commitment to cybersecurity innovation, Mastercard (NYSE: MA) announced Chief Security Officer Ron Green will “become a Mastercard Fellow, a newly… Read More

November 6, 2023 @ 9:21 am By Omar Faridi  |  

Accenture (NYSE: ACN) has acquired Innotec Security, a privately held company specializing in cybersecurity-as-a-service, cyber resilience and cyber risk management, expanding its capabilities and footprint in Spain. Innotec Security was previously owned by parent company Entelgy Group. Financial terms were not disclosed. Founded in 2002… Read More

November 3, 2023 @ 9:35 am By Omar Faridi  |  

OneSpan (NASDAQ: OSPN), the digital agreements security company, announced a unique new capability to its market-leading e-signature solution, OneSpan Sign, to give organizations a better way “to safeguard the provenance of a document against emerging security threats.” The newest addition to OneSpan’s portfolio, Trust Vault,… Read More

November 1, 2023 @ 8:00 pm By Omar Faridi  |  

We recently connected with Milan Velev, Nexo’s Chief Security Officer, who shared key insights with CI regarding the importance of setting standards for crypto platform security. Milan Velev from Nexo explained why crypto investors and traders need to prioritize security. He also commented on their… Read More

October 27, 2023 @ 4:50 pm By Omar Faridi  |  

Upfort, a cyber security and insurance platform, today announced it has raised $8 million in a Series A funding round led by SYN Ventures, “with participation of Eniac Ventures and Fika Ventures, which co-led Upfort’s seed round.” This investment round advances Upfort’s goal “to simplify… Read More

October 26, 2023 @ 4:17 pm By Omar Faridi  |  

Bluefin, the integrated payments firm focused on PCI-validated encryption and tokenization technologies that protect payments and sensitive data, announced a partnership with CORE, a provider of enterprise revenue and payment management solutions, to bring a new level of payment security to CORE’s customer base. Bluefin… Read More

October 21, 2023 @ 4:32 am By Omar Faridi  |  

Founders are discussing cyber insurance more than ever, with 83% talking to their investors and boards about cyber protection often or always — a 42% increase year-over-year. The report, titled “Cyber Risk Index: Startup Edition 2023” comes from Embroker, the digital platform making it simple… Read More

October 13, 2023 @ 1:59 pm By Omar Faridi  |  

To give even more visibility to security and empower people to identify possible financial scams, Nubank (NYSE:NU) announces the campaign #PareceMasNãoÉoNubank (it looks like Nubank, but it isn’t). Through educational videos on major digital platforms, the company seeks to alert its customers to everyday situations… Read More