Archive for the ‘finance’ category: Page 8

Jan 14, 2022

BlueNoroff hackers steal crypto using fake MetaMask extension

Posted by in categories: cryptocurrencies, finance

The North Korean threat actor group known as ‘BlueNoroff’ has been spotted targeting cryptocurrency startups with malicious documents and fake MetaMask browser extensions.

The motive of this group is purely financial, but its sophistication in carrying out objectives has previously led researchers to conclude that this is a sub-group of the North Korean Lazarus gang.

Although BlueNoroff has been active for several years, its structure and operation have been shrouded by mystery.

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Jan 13, 2022

Are 3D-Printed Schools a Solution to Africa’s Classroom Shortage?

Posted by in categories: education, energy, finance

Olipa Elisa said her 10-year-old son used to have to hike 5km (3 miles) every day to the nearest school, often arriving late and exhausted.

“I am very excited that we now have a school closer to my home, and my child will not have to take the long journey,” said Elisa, 38. “What we need is more of these learning blocks to accommodate other classes.”

Run by 14Trees, a joint venture between Swiss cement manufacturer LafargeHolcim and British development finance agency CDC Group, the project was faster, cheaper and less energy-intensive than conventional construction, said 14Trees managing director Francois Perrot.

Jan 10, 2022

These Will Be the Earliest Use Cases for Quantum Computers

Posted by in categories: chemistry, computing, finance, quantum physics

Quantum computers will not be general-purpose machines, though. They will be able to solve some calculations that are completely intractable for current computers and dramatically speed up processing for others. But many of the things they excel at are niche problems, and they will not replace conventional computers for the vast majority of tasks.

That means the ability to benefit from this revolution will be highly uneven, which prompted analysts at McKinsey to investigate who the early winners could be in a new report. They identified the pharmaceutical, chemical, automotive, and financial industries as those with the most promising near-term use cases.

The authors take care to point out that making predictions about quantum computing is hard because many fundamental questions remain unanswered; for instance, the relative importance of the quantity and quality of qubits or whether there can be practical uses for early devices before they achieve fault tolerance.

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Jan 10, 2022

Dr. Mads Krogsgaard Thomsen, CEO, Novo Nordisk Foundation — Improving People’s Lives Globally

Posted by in categories: finance, food

Improving people’s lives globally from the world’s largest financial endowment — dr. mads krogsgaard thomsen, CEO, novo nordisk fonden, novo nordisk.

Dr. Mads Krogsgaard Thomsen, DVM, DSc., Ph.D., is the CEO of the Novo Nordisk Foundation (, an international foundation with a dual objective: to provide a stable basis for the commercial and research activities conducted by the companies within the Novo Group (of which Novo Nordisk A/S is the largest holdings) and to support scientific, humanitarian and social purposes. In 2020, the Novo Nordisk Foundation had a net worth of US$73.1 billion, making it the largest financial endowment in the world. Novo Nordisk Foundation owns Novo Holdings A/S, a holding company and majority shareholder of Novo Nordisk, as well as Novozymes, a global biotechnology company focused on the research, development and production of industrial enzymes, microorganisms, and biopharmaceutical ingredients. The foundation is also a major shareholder in more than 75 other companies.

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Jan 8, 2022

How combining human expertise and AI can stop cyberattacks

Posted by in categories: cybercrime/malcode, finance, health, robotics/AI

Chief information security officers’ (CISOs) greatest challenge going into 2022 is countering the speed and severity of cyberattacks. The latest real-time monitoring and detection technologies improve the odds of thwarting an attack but aren’t foolproof. CISOs tell VentureBeat that bad actors avoid detection with first-line monitoring systems by modifying attacks on the fly. That’s cause for concern, especially with CISOs in financial services and health care.

Enterprises are in react mode

Enterprises fail to get the most value from threat monitoring, detection, and response cybersecurity strategies because they’re too focused on data collection and security monitoring alone. CISOs tell VentureBeat they’re capturing more telemetry (i.e., remote) data than ever, yet are short-staffed when it comes to deciphering it, which means they’re often in react mode.

Jan 8, 2022

‘We don’t need to work anymore’: Local artists crack the code of NFTs

Posted by in categories: blockchains, cybercrime/malcode, employment, finance

Such is the promise and peril of NFTs.

NFTs, or non-fungible tokens, offer many potential benefits to creators. They apply the mechanisms of scarcity to digital assets by allowing artists to render them as one-of-a-kind collectibles, like a painting or a baseball card. This means artists — especially digital artists — who have struggled to make their streamable, screenshot-able or reprintable work hold value — can price their items at rates appropriate for something in short supply.

However, the digital trading mechanism is still in nascent stages, and rife with scams, hacks and copyright issues. Beeple was hit by an organized hack, for example. While artists can sometimes find financial solvency with NFTs, other times, they lose millions.

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Jan 7, 2022

Soon, Indians will make digital payments without internet

Posted by in categories: finance, internet

Three pilot tests for digital transactions without the internet were successfully completed by India’s central bank (RBI). Based on the experience of 240,000 transactions, the RBI has created a framework which will be available on the platforms of banks, credit cards, and payment apps.

#DigitalPayments #Internet #WION

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Jan 6, 2022

Coming to a Mall Nearby? RoboCop Isn’t Just Fiction Anymore

Posted by in categories: finance, robotics/AI, security

Picture credit: Knightscope.

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Robots patrolling around shopping malls, casinos and places of work actively looking for criminal activity might no longer be something straight out of a science fiction novel or movie. Knightscope, Inc., a Silicon Valley Based startup, is building and deploying fully autonomous security robots that deter, detect and report crime.

Jan 5, 2022

Robot use on the rise as restaurants and retailers experience labor shortages

Posted by in categories: biotech/medical, finance, robotics/AI

Yahoo Finance’s Dani Romero reports on the increasing use of robots and automation by restaurants and retailers amid the pandemic and labor shortages.
Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes.

Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube:

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Jan 5, 2022

Hackers breached Florida health care system, potentially exposing data on 1.3 million people

Posted by in categories: biotech/medical, finance, health, law

Hackers breached the computer networks of a southeast Florida health care system in October and may have accessed sensitive personal and financial information on over 1.3 million people, the health care system announced this week.

Social Security numbers, patient medical history and bank account information are among the data that have been exposed in the breach of Broward Health, a network of over 30 health care facilities serving patients across roughly 2 million-person Broward County, Florida, according to a notice the health care provider filed with the Office of the Maine Attorney General.

About 470 of the data breach victims live in Maine. Like other states, Maine law requires organizations that hold state residents’ personal data to file a disclosure when they’ve been hacked.

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