# State-backed digital currencies can disrupt financial systems: Report

# State-backed digital currencies can disrupt financial systems: Report

“# State-backed digital currencies can disrupt financial systems: Report ” Central bank digital currencies, or CBDCs, could pose a threat to financial systems if related risks are not managed, Big Three credit agency Fitch Ratings has warned. Fitch Ratings released a report on Monday entitled “Central Bank Digital Currencies: Opportunities, Risk and Disruption,” which discussed the…

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#Sen. Johnson says cyberattacks an ‘existential’ threat

#Sen. Johnson says cyberattacks an ‘existential’ threat

“#Sen. Johnson says cyberattacks an ‘existential’ threat” Sen. Ron Johnson said the cyberattack on the Colonial Pipeline that caused drastic fuel shortages across the eastern US is an “existential” threat to the country’s energy grid that could get worse if the Green New Deal becomes a reality. “We are a fossil fuel fuel-based economy and…

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#Toshiba business unit says it was hacked by DarkSide group

#Toshiba business unit says it was hacked by DarkSide group

“#Toshiba business unit says it was hacked by DarkSide group” A Toshiba business unit said it was hacked earlier this month by the DarkSide criminal group, the same gang responsible for the attack on Colonial Pipeline, which caused widespread gas shortages and panic buying across the Southeast.  Toshiba Tec said in a statement that its…

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#Lindsey Graham rips Biden’s ‘weak’ response to Colonial Pipeline cyberattack

#Lindsey Graham rips Biden’s ‘weak’ response to Colonial Pipeline cyberattack

“#Lindsey Graham rips Biden’s ‘weak’ response to Colonial Pipeline cyberattack” Sen. Lindsey Graham (R-S.C.) became the latest prominent Republican to slam the Biden administration Wednesday over its response to the ransomware attack that shut down the Colonial Pipeline for five days. “The two responses from the president, Biden, and his spokesperson were unnerving,” Graham told…

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#Five Security Threats E-Commerce Businesses Frequently Face

#Five Security Threats E-Commerce Businesses Frequently Face

“#Five Security Threats E-Commerce Businesses Frequently Face” An online business has numerous benefits over a physical one. It doesn’t require any space, staff members, accountants, etc., to run the business. An online business can be started pretty quickly. All you need is an internet connection, a good eCommerce platform, and a few clicks.  And voila,…

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# Spartan Protocol exploit results in loss of M

# Spartan Protocol exploit results in loss of $30M

“# Spartan Protocol exploit results in loss of $30M ” Spartan Protocol, a liquidity platform for synthetic assets on the Binance Smart Chain, was drained of $30 million in a coordinated attack on its liquidity pool late Saturday.  The exploit targeted a “flawed liquidity share calculation” in the SPARTA/WBNB liquidity pool, which enabled the attacker…

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