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Archive for the ‘finance’ category: Page 2

Nov 30, 2024

Researchers use laser beams to pioneer new quantum computing breakthrough

Posted by in categories: finance, quantum physics, robotics/AI

Physicists from the University of the Witwatersrand (Wits) have developed an innovative computing system using laser beams and everyday display technology, marking a significant leap forward in the quest for more powerful quantum computing solutions.

The breakthrough, achieved by researchers at the university’s Structured Light Lab, offers a simpler and more cost-effective approach to advanced quantum computing by harnessing the unique properties of light. This development could potentially speed up complex calculations in fields such as logistics, finance and artificial intelligence. The research was published in the journal APL Photonics as the editor’s pick.

“Traditional computers work like switchboards, processing information as simple yes or no decisions. Our approach uses to process multiple possibilities simultaneously, dramatically increasing computing power,” says Dr. Isaac Nape, the Optica Emerging Leader Chair in Optics at Wits.

Nov 26, 2024

Would You Plant a Chip in Your Brain

Posted by in categories: biotech/medical, business, computing, finance, neuroscience

“Life is incredible.” Here’s how a brain implant changed the life of Jon Nelson, who long suffered from severe depression. Now a patient advocate for startup Motif, he spoke to Emily Chang about the hope of using neurotech to treat mental illnesses.

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Nov 25, 2024

The Thrill and Threat of Mind Hacking | Posthuman with Emily Chang

Posted by in categories: biotech/medical, business, cybercrime/malcode, finance, neuroscience, wearables

From brain implants that allow paralyzed patients to communicate to the wearable devices enhancing our capabilities, brain-computer interfaces could change the way we use our minds forever.

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Nov 25, 2024

Tiny Implant Aims to Treat Depression in Your Brain

Posted by in categories: business, computing, finance, neuroscience

Neurotech startup Motif says it has built a pea-sized brain chip that can treat mental illnesses, including depression, without the side effects of conventional drugs. Watch Posthuman with Emily Chang to learn more about the power of brain-computer interfaces.

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Nov 25, 2024

Ben Goertzel — A Path to Beneficial Superintelligence

Posted by in categories: biotech/medical, finance, robotics/AI, singularity

Watch Dr. Ben Goertzel, CEO of SingularityNET and ASI Alliance, discuss the path to beneficial Superintelligence.

Recorded at the Superintelligence Summit held by Ocean Protocol in Bangkok on November 11, 2024.

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Nov 20, 2024

Global Fintech Giant Finastra Investigating Data Breach

Posted by in categories: cybercrime/malcode, finance

Finastra, a global leader in financial technology that serves 45 of the world’s top 50 banks, has confirmed a major data breach impacting its internal file transfer system. The London-based firm, which facilitates vital banking and wire transfers for over 8,100 financial institutions worldwide, detected the breach on Nov. 7.

The breach targeted Finastra’s internally hosted Secure File Transfer Platform, or SFTP, which was exploited using stolen credentials—essentially, a username and password. The attacker claims to have leveraged IBM Aspera, a high-speed file transfer tool to exfiltrate data from Finastra’s systems.

The cybercriminal, known by the alias “abyss0,” first advertised the stolen data for sale on BreachForums, a notorious online marketplace for cybercrime, on October 31. Initially priced at $20,000, the data’s asking price was later halved to $10,000. After gaining attention, “abyss0” disappeared, erasing their presence on both BreachForums and Telegram. This sudden retreat suggests they either secured a buyer or sought to avoid further scrutiny.

Nov 19, 2024

New Stealthy BabbleLoader Malware Spotted Delivering WhiteSnake and Meduza Stealers

Posted by in categories: business, cybercrime/malcode, finance

Cybersecurity researchers have shed light on a new stealthy malware loader called BabbleLoader that has been observed in the wild delivering information stealer families such as WhiteSnake and Meduza.

BabbleLoader is an “extremely evasive loader, packed with defensive mechanisms, that is designed to bypass antivirus and sandbox environments to deliver stealers into memory,” Intezer security researcher Ryan Robinson said in a report published Sunday.

Evidence shows that the loader is being used in several campaigns targeting both English and Russian-speaking individuals, primarily singling out users looking for generic cracked software as well as business professionals in finance and administration by passing it off as accounting software.

Nov 19, 2024

SDT, Anyon Technologies Plan Collaboration on 20-Qubit Quantum System

Posted by in categories: finance, quantum physics, robotics/AI

The initial product from this collaboration will be a 20-qubit system integrated with NVIDIA’s Grace Hopper Superchip, facilitating hybrid quantum-classical computing. This integration is expected to drive advancements in various fields, including financial services and artificial intelligence.

Through this joint venture, SDT and Anyon Technologies aim to establish a unique and robust partnership in the Asian quantum computing sector, leveraging their combined expertise to lead the commercialization and supply of superconducting quantum computers in the region.

Nov 18, 2024

The Seductive Promise of Love on Demand | Posthuman with Emily Chang

Posted by in categories: business, finance, robotics/AI

We are now more connected than ever, but also more lonely. Could AI companionship be the cure? In this episode, Emily Chang explores the future tech behind a growing market of relationships-on-demand.

Technology that once seemed like science fiction is rapidly becoming reality, transforming the very essence of our existence. In this four-part series, Emily Chang unravels the future of being human in an age of unprecedented innovation.

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Nov 16, 2024

Six US Banks Issue Urgent Debit Card Alerts, Forcing Mandatory Replacements for Many, After Third-Party Security Breach

Posted by in categories: finance, government, security

Six US banks are reporting potential security breaches of debit cards, with several forcing affected customers to get replacements.

In new filings with the Massachusetts state government, Mainstreet Bank, Savers Bank, The Village Bank, Watertown Savings Bank, Webster Five Cents Savings Bank and Eagle Bank say some debit cards may have been compromised following a security breach of a merchant’s payment card platform.

A copy of a notice sent to Eagle Bank customers was recently posted on the government site, stating an unnamed Mastercard merchant allowed unauthorized access to account information.

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