Cryptocurrency Not Yet Usable as Money, Russian Rating Agency Concludes

A Russian credit rating agency has released a report finding cryptocurrency not yet ready to be used as a means of payment. A report from Russian Analytic Credit Rating Agency (ARCA) released Thursday, June 7, states that cryptocurrency is not yet usable as a means of payment. According to ARCA, cryptocurrency “does not currently fully … Read more

Bitcoin Daily: Cybercriminals Steal $1.1B In Crypto So Far This Year, Jamie Dimon Says ‘Just Beware’ Of Bitcoin

In the first half of 2018, cyber criminals have stolen approximately $1.1 billion worth of digital currency, CNBC reported. To make these thefts possible, some criminals are turning to tools on the dark web: Cybersecurity company Carbon Black said there are around 12,000 marketplaces related to cryptotheft — and malware, which can come as low … Read more

Alipay’s Parent Company Secures $14 Bln for Blockchain Development

Alipay’s operator Ant International has secured $14 bln in an equity financing round to develop blockchain for its global tech platform. Alipay’s operator Ant International has entered into “definitive agreements” with investors to secure $14 bln in a Series C equity financing round. The money will be spent to pursue blockchain and technological innovation, according … Read more

Five tips for creating successful company-wide data security training

Creating a safe online environment for your business is a major concern for leaders today. With the amount of data breaches increasing steadily and consumer trust in data management declining, it’s no wonder that improving the security of IT systems is the number one priority for 55% of companies. Employees can either be your greatest … Read more

MyHeritage Hack Leaks Data of 92 Million Users. Could Blockchain Help Prevent Future Breaches?

According to a release by genealogy and DNA testing service MyHeritage, user details for more than 92 million accounts were discovered in a private server. Although no user DNA information was found in the leaked data, the MyHeritage hack discovered by an outside security researcher highlights the current vulnerabilities in the way many private records … Read more

Envestnet | Yodlee’s AI FinCheck takes financial wellness to a new level

Data aggregation and analytics firm Envestnet | Yodlee bolstered its PFM capabilities with the launch of AI FinCheck, writes Julie Muhn at Finovate. The artificial intelligence (AI) powered financial wellness solution leverages consumers’ transaction data, AI, and machine learning (ML) to monitor users’ financial health and offer actionable financial guidance tailored to their circumstances. AI … Read more