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SolarWinds will become a privately held company following its acquisition by Turn/River Capital for $4.4 billion in cash. The post SolarWinds Taken Private in $4.4 Billion Turn/River Capital Acquisition appeared first on SecurityWeek.
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Andrew Shikiar, CEO and Executive Director of the FIDO Alliance has been a vocal advocate for passkeys. PC Mag notes that Shikiar didn’t mince words about the current state of password security.Read Entire Article
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Billionaire-backed ArcelorMittal SA’s plans to shut down a century-old steel mill in South Africa are holding President Cyril Ramaphosa’s dream of fostering a $257 billion infrastructure boom to ransom.
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El Salvador secured a $1.4 billion loan deal with the IMF after agreeing to scale back its bitcoin policies, making cryptocurrency acceptance voluntary for businesses and limiting public sector involvement. The deal aims to stabilize the country’s economy, with bitcoin’s recent rally boosting the value of El Salvador’s holdings. The BBC reports: In 2021, El…
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MicroStrategy’s $42 billion Bitcoin plan includes increasing shares from 330 million to 10 billion
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In yesterday’s preliminary proxy statement with the SEC, MicroStrategy introduced a plan to increase authorized shares from 330 million to 10.33 billion as part of its $42 billion 21/21 Plan. It outlines proposals for a 2025 Special Meeting of Stockholders, including efforts to raise $21 billion in equity and $21 billion through fixed-income instruments, potentially advancing…
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The U.S. House of Representatives is set to vote next week on a defense bill that includes a provision allocating over $3 billion to remove Chinese telecom equipment from American networks. This action is part of ongoing efforts to address the security risks posed by Chinese-made technology, specifically equipment from major telecom companies from China.…
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Cybersecurity company Kaspersky revealed that malicious actors have devised a new scam involving seed phrases to target unsuspecting crypto users, according to a Dec. 23 blog post. This sophisticated scheme preys on individuals’ curiosity and dishonesty, leading to financial losses for unsuspecting victims. How the scam works Seed phrases, crucial for recovering access to crypto…
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Hyperliquid, a layer-1 decentralized leveraged trading platform, saw its total value locked (TVL) plummet by over $1 billion in the past week. This drop follows reports of suspicious activity tied to North Korean hackers. According to CryptoSlate’s data, this has also resulted in a steep 20% fall in Hyperliquid’s native token value over the last…
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North Korean hackers have stolen $1.34 billion worth of cryptocurrency across 47 cyberattacks that occurred in 2024, according to a new report by blockchain analysis company Chainalysis. […]
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North Korean hackers are estimated to have stolen a staggering $2.2 billion in 2024, up 21% from 2023. With advanced tactics and increasing sophistication, the Democratic People’s Republic of Korea (DPRK) has positioned itself as a dominant force in crypto theft, targeting both decentralized finance (DeFi) platforms and centralized exchanges to fund its state-sponsored programs.…
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Mastercard (NYSE: MA) has officially finalized the acquisition of Recorded Future, a leading provider of AI-driven threat intelligence. Mastercard Operating in over 200 countries and territories worldwide, Mastercard is a global leader in enabling digital economies that empower individuals, businesses, and governments. Last September, Mastercard announced a significant expansion of its cybersecurity services through an…
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Microsoft has announced that it is currently blocking an astounding 7,000 password attacks every second, nearly double the rate from just a year ago.
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There’s no doubt about it: The password era is ending. Bad actors know it, which is why they’re desperately accelerating password-related attacks while they still can.
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In a significant turn towards a passwordless future, Microsoft has announced groundbreaking strides in adopting passkeys, a secure and user-friendly alternative to traditional passwords.
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El Salvador reportedly expects to finalize a $1.3 billion IMF loan agreement in the coming weeks, adjusting its legal treatment of Bitcoin and aligning fiscal policies to secure international financing.
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ADIB-Egypt has announced plans to invest 1 billion EGP in technological infrastructure and digital transformation by 2025. This ambitious initiative is poised to position ADIB-Egypt at the forefront of the digital banking revolution, transforming how customers interact with their financial services.
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… Service SAS, CrowdStrike Holdings Inc., Dell Technologies Inc., DXC Technology Co., F5 Inc., Fortra LLC, Furukawa Electric Co. Ltd., Infosys Ltd …
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MalBot December 4, 2024, 10:30am 1 Discover key insights from the 2025 Cybersecurity Report: 36.9% of business emails are unwanted, with 427M containing malicious content.
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Available exclusively via Bitcoin ETF options: A new tool for risk management and speculation Andjela Radmilac · 2 days ago
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New data from S&P Global Ratings has projected that annual cyber insurance premiums will reach approximately US$23 billion by 2026, up from an estimated $14 billion at the close of 2023, an increase of 15 percent to 20 percent per year. The S&P research comes as the agency maintains a stable outlook on the global…