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A second iteration of the BadBox botnet has been partially disrupted after impacting over one million Android devices worldwide, bot and fraud protection firm Human Security reports. First discovered in 2023, the BadBox botnet consisted of low-cost Android devices that came to the shelves with backdoored firmware. These devices, including smartphones, CTV boxes, and tablets, were made by at least one Chinese manufacturer, and some of them were used in public schools in the US. In December 2024, Germany sinkholed the communication between over 30,000 BadBox-infected media devices and their command-and-control (C&C) servers, but a larger BadBox botnet consisting of…

NEW YORK (AP) — Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal. But, for investing at least, all this is typical.Sharp moves for the U.S. stock market, like its recent 6% drop in just a couple of weeks, happen regularly. Stomaching them is the price investors have to pay for the bigger returns that stocks can offer over other investments in the long term. This time doesn’t look much different, experts say. Here’s a glimpse at what’s behind the market’s wild moves and what experts are advising investors young…

PARIS (AP) — If any one piece defines Chloé under Chemena Kamali, it’s the blouse. Billowy, ruffled, effortless, and deeply romantic, it captured the essence of her third collection for the house at Paris Fashion Week. Kamali’s Chloé woman moves through time, referencing history but never stuck in it, just like the women who sat in the front row, Jerry Hall and Georgia May Jagger, icons of past and present Chloé cool.Chloé has long been a house that champions women, both in its design ethos and leadership. While some major womenswear brands continue to be helmed by men, Chloé has…

The members of the Global Economic Council (GEC) are a diverse and dynamic group of influential billionaires and entrepreneurs with expertise spanning a variety of industries, from technology and finance to manufacturing and luxury goods.

As United States President Donald Trump’s sweeping 25 percent tariffs on imports from Mexico and Canada were about to kick in, Canadian Prime Minister Justin Trudeau was quick to hit back. In a news conference on Monday night, he referred to Trump as “Donald”, called the tariffs a “very dumb thing to do”, accused the US president of trying to cripple the Canadian economy to annex the country and imposed immediate retaliatory tariffs. By contrast, Mexican President Claudia Sheinbaum was silent on Monday night. She responded in a news conference on Tuesday morning, promising to defend Mexican interests and announcing…

LAHORE: Aiden Markram had one last look at the pitch as he walked off. The ball had sat up and he couldn’t adjust, offering a tame return to Rachin Ravindra at the Gaddafi Stadium on Wednesday. Chasing a mammoth 363 to win, South Africa had been reduced to 189-5 at the end of the 33rd over; the ghosts of the past returning to haunt them. In the crunch game of yet another ICC tournament, South Africa had flattered to deceive. Their dreams of Champions Trophy glory were quickly unravelling. About 10 overs ago, South Africa had seemed to have got…

The CFIT has recently announced an initiative aimed at curbing the escalating fraud rates in the UK through the introduction of a Digital Company ID. According to Finextra Research, this strategic move could potentially save British businesses billions of pounds annually. According to statistics from the Office for National Statistics, the UK experienced over 1.2 million fraud incidents in 2023, indicating a near-constant threat of fraud every minute.CFIT’s initiative brings together a diverse coalition of financial crime experts from various sectors, including global financial services, academia, technology hubs, and governmental bodies. This collaborative effort is focused on exploring how the…

AIceberg announced on Thursday the launch of its AI trust platform, for which it raised $10 million in seed funding from SYN Ventures and Sprout & Oak. Founded in 2022, the New York-based company has developed a platform designed to help governments and enterprises with the safe, secure and compliant adoption of AI, specifically generative AI and agentic AI.  AIceberg says its platform acts as a firewall and gateway that monitors AI usage for potential risks and enables the enforcement of security and other policies. The platform is designed to prevent unsanctioned, unsuitable or illegal content, and automatically redacts personal…

Auquan has unveiled new Sustainable Finance Disclosure Regulation (SFDR) Good Governance capabilities for its Sustainability Agent. According to FinTech Finance, this significant update empowers investment, sustainability, and compliance teams with the tools to instantaneously analyze governance practices in portfolios and companies, ensuring compliance with SFDR standards. The enhanced functionality aims to convert what was once a labor-intensive process into a swift, automated workflow.The demand for systematic governance evaluation is increasing as regulatory frameworks evolve. Traditionally, investment professionals allocate extensive periods to manually gather and assess data to produce SFDR good governance assessments, necessary for financial products under Articles 8 and…

California cemented  its US FinTech leadership attracting nearly a third deals in the region in 2024Key US FinTech investment in 2024:US FinTech deal activity dropped by 63% YoY in 2024Californian companies secured 31% of the deals in the region as the state solidified its position as the leading US FinTech hubCyera, a leader in the data security space raised one of the largest US FinTech deals during the year with a Series C funding round of $300mUS FinTech deal activity dropped by 63% YoY in 2024The US FinTech market experienced a sharp downturn in both funding and deal activity in…