financial services

Tech Optimizer
February 19, 2025
EnterpriseDB (EDB) has expanded its Partner Program to support businesses and solution providers in utilizing an enterprise-grade Postgres data management platform for AI-driven data innovation. Over 35% of organizations are seeking enterprise-grade Postgres capabilities, with more than 67% of data workloads being hybrid. A McKinsey survey indicates that 65% of organizations are using generative AI in at least one business function. The enhanced EDB Partner Program offers on-demand support throughout the sales lifecycle, exclusive training and certification, increased go-to-market commitments, a personalized digital experience through the EDB Partner Portal, and showcases customer success stories. EDB aims to empower partners to help customers innovate and scale effectively in an AI-driven environment.
Tech Optimizer
February 17, 2025
Apple devices, particularly Macs, are facing an increase in cyberattacks, with a new wave of sophisticated malware targeting sensitive data. The emergence of Atomic Stealer (AMOS) in mid-2023 marked a shift from less harmful adware to more serious threats, with AMOS being marketed as a user-friendly service. By mid-2024, Poseidon became the leading Mac information stealer, responsible for 70% of infections and capable of draining various cryptocurrency wallets and capturing sensitive credentials. Cybercriminals are also using malvertising to lure users into downloading disguised malware. Android users are experiencing an even more severe situation, with a significant rise in phishing attacks. In 2024, researchers identified 22,800 malicious apps designed for phishing, along with thousands capable of reading one-time passwords (OTPs). These apps often mimic legitimate software and can easily infiltrate app stores, including Google Play. While Google Play Protect offers some malware protection, it is not entirely effective. To protect against malware threats, it is recommended to use strong antivirus software, be cautious with downloads and links, keep software updated, use strong and unique passwords, and enable two-factor authentication (2FA) for critical accounts.
Tech Optimizer
February 14, 2025
EnterpriseDB (EDB) has expanded its Partner Program to support businesses and solution providers in response to the growing demand for enterprise-grade Postgres data management platforms, particularly for AI-driven data innovation. Over 35% of enterprises are seeking robust Postgres capabilities, with more than 67% of data workloads being hybrid. A McKinsey survey indicates that 65% of organizations are using generative AI in at least one business function. The enhanced EDB Partner Program includes exclusive training and certification, increased go-to-market commitments, a personalized digital experience through the EDB Partner Portal, and an industry success hub showcasing customer implementations. EDB is focusing on empowering partners to help customers innovate and scale in an AI-driven environment.
Tech Optimizer
February 4, 2025
EnterpriseDB (EDB) has introduced EDB Postgres® AI, the first unified data and AI platform for transactional, analytical, and AI workloads. Nancy Hensley has been appointed as Chief Product Officer (CPO) to guide the company through its next growth phase. Recent studies show that 35% of enterprises are considering Postgres for database initiatives, with 65% integrating AI in hybrid environments. EDB has achieved several milestones, including recognition as a top database solution and expanding its customer base to over 1,500 globally. EDB is the largest contributor to PostgreSQL, accounting for approximately 30% of code contributions.
Tech Optimizer
February 4, 2025
EnterpriseDB (EDB) has announced that its open-source Kubernetes operator for PostgreSQL, CloudNativePG (CNPG), has been accepted into the Cloud Native Computing Foundation (CNCF) Sandbox. This acceptance underscores the significance of Kubernetes in enterprise strategies and EDB's commitment to innovation. CloudNativePG is recognized as the most popular PostgreSQL operator for Kubernetes on GitHub, with over 5,000 stars. EDB provides a data and AI platform that supports over 1,500 customers globally, including major government agencies and leading companies in various sectors.
Tech Optimizer
December 11, 2024
EnterpriseDB (EDB) has introduced advancements to its EDB Postgres® AI platform, enabling enterprises to implement secure, adaptable AI-driven applications within a sovereign, hybrid framework. The platform offers a unified interface for transactional, analytical, and AI workloads, facilitating quicker AI project development. A recent EDB study found that over 56% of organizations are deploying mission-critical workloads in a hybrid model. The EDB Postgres AI platform features a Hybrid Control Plane for centralized management and automation, enhancing application performance and database health monitoring. The AI Accelerator allows enterprises to test and deploy generative AI applications within the Postgres environment, automating the data pipeline. The Analytics Accelerator improves high-performance analytics and offers near real-time OLAP capabilities. PostgreSQL version 17 is now available across EDB products, supporting various deployment environments. EDB serves over 1,500 customers globally, providing high availability and compliance controls.
Winsage
December 4, 2024
Diebold Nixdorf has integrated Microsoft Windows 11 IoT Enterprise LTSC 2024 into live ATMs in collaboration with Eurasian Bank and Kapital Bank in Central Asia. This deployment, executed with BS/2, aims to enhance customer experiences by improving security, speed, and usability while ensuring regulatory compliance. The integration guarantees support until October 2034 and includes the DN Series ATMs and Vynamic software. Diebold Nixdorf has a workforce of approximately 21,000 and serves many of the world's top 100 financial institutions. Piraeus, a Greek financial services company, plans to transition over 1,200 self-service devices to Diebold Nixdorf’s DN Series cash recycling ATMs, which utilize AI and machine learning for improved performance.
Winsage
November 29, 2024
Microsoft has unveiled a preview of its Windows Recall feature, designed to capture screenshots of active windows using on-device AI and store them in an SQLite database. The feature will be opt-in and requires users to enable BitLocker full-disk encryption, activate Secure Boot, and enroll in Windows Hello. Recall aims to avoid capturing sensitive information and allows users to delete snapshots or exclude specific applications. Microsoft has implemented safeguards to protect against brute-force attacks, and the data collected remains encrypted locally. The preview is currently available to participants in the Windows Insider Program for Developers. The U.S. Federal Trade Commission (FTC) reported that nearly 90% of smart device manufacturers lack clear update policies, with 161 out of 184 products reviewed not disclosing software update durations. This lack of transparency may violate the Magnuson-Moss Warranty Act and the FTC Act. Ping Li, a Florida IT professional, was sentenced to four years in prison for acting as an agent for China's Ministry of State Security, providing sensitive information since at least 2012. He pleaded guilty and was fined ,000. Operation "Serengeti" led to the arrest of over 1,000 individuals suspected of cybercrime across 19 African countries, resulting in nearly million in financial losses and the confiscation of around million in stolen funds. The U.S. Department of Justice indicted nine individuals linked to a multi-state money laundering scheme associated with internet fraud, allegedly laundering over million since 2016. NVIDIA released a critical firmware update to address a high-severity vulnerability (CVE-2024-0130) that could allow attackers to steal data and compromise systems. Cybersecurity firm McAfee discovered "spyloan" Android apps on the Google Play Store that aim to steal users' personal data, targeting users in Mexico, Colombia, and Indonesia. An international law enforcement operation dismantled a pirate streaming network serving over 22 million users and generating approximately million monthly, resulting in 102 arrests. Nicholas Michael Kloster, a 31-year-old from Kansas City, was indicted for allegedly hacking into computer networks to promote his cybersecurity services, facing multiple charges with a potential 15-year prison sentence. HDFC Life Insurance in India is investigating a potential data breach involving the sharing of certain data fields with malicious intent.
AppWizard
November 28, 2024
Recent findings from cybersecurity firm McAfee identified 15 malicious loan applications with around 8 million downloads that are designed to steal personal and financial data. These apps, found on platforms like the Google Play Store, mimic legitimate financial services and primarily target Android users in regions such as South America, Southern Asia, and Africa. Users are advised to remove specific apps, including "Préstamo Seguro-Rápido," "Préstamo Rápido-Credit Easy," and others, which promise quick loans but are actually tools for data harvesting. Victims report receiving partial funds and facing aggressive repayment demands, with some apps sharing a common infrastructure for data exfiltration. Key indicators of malicious intent include poor app ratings, excessive permission requests, and the legitimacy of the developer. Staying updated with software patches is also recommended to protect against these threats.
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