Lifeboat Foundation

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.

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.

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.

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.

Continue reading “The Seductive Promise of Love on Demand | Posthuman with Emily Chang” »

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.

Even the biggest investors often make terrible trading decisions for their portfolios.

At an AI summit in Tokyo on Wednesday, Jensen Huang and Masayoshi Son joked about how SoftBank was once Nvidia’s largest shareholder before dumping its stake. The two billionaires are now joining forces on a Japanese supercomputer. SoftBank, which until early 2019 owned 4.9% of Nvidia, has secured a favorable spot in line for the chipmaker’s latest products.\r.
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“The last two decades saw software transform nearly every industry, a trend famously captured by venture capitalist Marc Andreessen’s phrase ” software is eating the world.

Software became the backbone of industries like retail, transportation, finance, and entertainment, leading to a world where digital tools and applications are integral to daily life.

Looking forward, many experts believe that artificial intelligence (AI) will play a similarly transformative role over the next 20 years.

A US bank is warning customers of a security “intrusion” that may have compromised Mastercard account numbers and other financial data.

Maryland-based Eagle Bank says it has received a notice from Mastercard, stating an unnamed US merchant allowed unauthorized access to account information between August 15th, 2023, and May 25th, 2024.

The bank revealed the breach in a filing with the Massachusetts state government.

Individuals born before 37 weeks of gestation, considered to be preterm infants, have, on average, lower employment income, university enrollment and educational attainment through age 28, according to a study publishing November 6, 2024 in the open-access journal PLOS ONE by Petros Pechlivanoglou of The Hospital for Sick Children, Toronto, Canada.

Preterm birth affects about 10% of all births worldwide and accounts for one in five deaths in children. Economic and lifestyle factors can affect a family’s access to therapies and supports, financial stability and quality of life.