NFTs, a “Possible tool” For Money-Laundering

NFTs, a “Possible tool” For Money-Laundering

Traditional art has long been in the sights of seasoned cybercriminals hunting for acceptable assets to launder their filthy wealth. With the rapid rise of digital art tokens in recent years and front-running collections like Bored Ape Yacht Club fetching more...
SBI General’s new Insurance Coverage for Cyber Risks

SBI General’s new Insurance Coverage for Cyber Risks

People now have access to a new comprehensive cyber insurance plan from SBI General Life Insurance that will shield private individuals from financial losses due to cyber threats and cyberattacks. The Cyber VaultEdge Insurance Plan, as its name suggests, gives...
Maastricht University gets Money back, with Interest

Maastricht University gets Money back, with Interest

In 2019, Maastricht University was hit by a large cyberattack in which hackers used ransomware, a type of malicious software that locks valuable data and can only be accessed once the victim pays a ransom amount to access their systems. The hackers encrypted their...
Cloud Adoption needs high degree of cybersecurity

Cloud Adoption needs high degree of cybersecurity

The Chief Information Officer at AI Baraka Islamic Bank, Mr. Waheed, stated that transforming banks and financial institutions into cloud computing requires only the best cybersecurity standards to be applied. This was at the “Zero Trust Security – Always...
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