Lifeboat Foundation

Check out all the on-demand sessions from the Intelligent Security Summit here.

Over the last half-decade, quantum computing has attracted tremendous media attention. Why?

After all, we have computers already, which have been around since the 1940s. Is the interest because of the use cases? Better AI? Faster and more accurate pricing for financial services firms and hedge funds? Better medicines once quantum computers get a thousand times bigger?

North Korea’s infamous Lazarus Group is mimicking venture capital firms and banks to steal cryptocurrency, according to a report from cybersecurity company Kaspersky.

The state-sponsored cybercrime group, which was was behind the $625 million Axie Infinity hack in April, is creating domains that present themselves as well-known Japanese, US and Vietnamese companies.

Kaspersky said Lazarus’ BlueNoroff subgroup is using new types of malware delivery methods that bypass security warnings about downloading content. They can then “intercept large cryptocurrency transfers, changing the recipient’s address, and pushing the transfer amount to the limit, essentially draining the account in a single transaction.”

This segment originally aired on December 28, 2022.
Colin Rusch, Oppenheimer & Co. Managing Director and Senior Research Analyst, sits down with Yahoo Finance Live anchors Seana Smith and Jared Blikre to talk about Tesla’s stock outlook in 2023 following Elon Musk’s invested interest in managing Twitter this past year.
Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes.
WATCH HERE:

About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

Continue reading “Tesla stock concerns lie around ‘brand damage’ from Elon Musk, Twitter: Analyst” »

“M-PESA”: that is a name in global fintech history that can never be erased. Not that anybody would want to. Forever it will be the perfect example of a viable financial ecosystem based on rules unthinkable before. A living masterpiece that was created by a mosaic of unique circumstances, choices and risks taken at a particular time and place, and that continues to evolve in the changes it brought to the country.

Since I’m neither a local, nor deeply involved with the African markets (yet), I would not dare to simply impose my DIY analytics on my readers. Instead, I invite you to listen to my conversation with M-PESA’s own Kevin Amateshe reflecting on Kenya’s digital financial services space, M-PESA’s role, the past, present and future: https://youtu.be/QlZuKwnsAS4

Continue reading “Kenya Case Study Part I: M-PESA story” »

Israel’s banking regulator on Sunday approved a conditional license and control permit for a group of entrepreneurs to establish a new online bank, the second addition to the highly concentrated banking sector in three years.

The Bank of Israel said its banking supervision department had completed the inspection process for the new institution named Esh Bank Israel.

The approvals, it said, will allow the founders to move forward and complete the mechanical, operational and regulatory preparations required for the start of the bank’s activities.

Trey Parker and Matt Stone’s AI studio Deep Voodoo said Wednesday that it has secured a $20 million in an investment round led by Connect Ventures. The South Park creators’ startup said it will use the capital to accelerate its development of deep-fake technology, VFX services and original synthetic media projects.

Connect Ventures is an investment partnership between CAA and venture capital firm New Enterprise Associates and represents the first outside capital raise for Deep Voodoo, which was previously funded by Parker and Stone’s entertainment company Park County.

Parker and Stone originally began building out their deep fake technology in early 2020, assembling a team of artists for a feature film they had developed. When the film was suspended amid the Covid shutdown, they pivoted to building out those deep-fake tools.

An Android banking malware named ‘Godfather’ has been targeting users in 16 countries, attempting to steal account credentials for over 400 online banking sites and cryptocurrency exchanges.

The malware generates login screens overlaid on top of the banking and crypto exchange apps’ login forms when victims attempt to log in to the site, tricking the user into entering their credentials on well-crafted HTML phishing pages.

The Godfather trojan was discovered by Group-IB analysts, who believe it is the successor of Anubis, a once widely-used banking trojan that gradually fell out of use due to its inability to bypass newer Android defenses.

BIRMINGHAM, United Kingdom — Servers around the world could soon face a massive data storage crunch, thanks to the “mind-blowing amount” of information people store digitally every day.

Researchers from Aston University say the global datasphere — the total amount of data worldwide — will increase by 300 percent within the next three years. Currently, all of this data sits in banks of servers stored in huge warehouses (data centers).

Continue reading “The cloud out of space? Scientists scrambling to prevent global data storage crisis” »

https://www.youtube.com/watch?v=wWNS6HEFOBY

Welcome to the first chapter of our audiobook on personal finance! In this chapter, we’ll be exploring the basics of money and how we use it in our daily lives. We’ll cover topics like what money is, how we earn it, and how we can use it to buy the things we need and want. We’ll also talk about the different forms money can take, like cash, checks, and credit cards. Whether you’re just starting to learn about personal finance or you’re looking to brush up on the basics, this chapter is a great place to start. So grab a pair of headphones, sit back, and let’s get started!