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Central Bank Digital Currency (CBDC) and blockchain enable the future of payments

IBM Big Data Hub

The financial world has been revolutionized by blockchain technology, which has enabled peer-to-peer transactions without the need for intermediaries. The introduction of Central Bank Digital Currency (CBDC) has added a new dimension to blockchain technology that transforms the future of payments for businesses and individuals.

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Sphereon brings Blockchain-anchored Proof of Authenticity to Kofax Capture

Info Source

It is used by all of 10 biggest global Banks, Insurance companies and supply chain companies. The solution developed by Sphereon plugs right into the Kofax Capture system and enables Kofax Capture customers to anchor scanned documents onto the Factom blockchain as part of their Document Capture process. proof of authenticity.

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As of May 2024, Black Basta ransomware affiliates hacked over 500 organizations worldwide

Security Affairs

In December 2023, Elliptic and Corvus Insurance published a joint research that revealed the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group.

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The Scammers’ Playbook: How Cybercriminals Get Ahold of Your Data

eSecurity Planet

Finance and insurance finished a close second at 22.4%. Finance and insurance companies were particularly vulnerable to the sort of phishing scams we’re talking about. One particularly potent emergent technology for scammers is blockchain and the related cryptocurrency and NFTs. of cyber attacks IBM handled.

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The Orion blockchain database: Empowering multi-party data governance

IBM Big Data Hub

Blockchain databases were designed to enhance trust in centralized ecosystems by incorporating tamper-evidence features into traditional databases. However, existing blockchain databases lack efficient tools for multiple parties to control shared data on the ledger.

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11 cyber security predictions for 2020

IT Governance

Cyber insurance has in some regions encouraged victims to pay as it is cheaper than remediation in some cases. Cyber criminals will continue to use blockchain technology for transactions. Ransomware will continue to increase. However, organisations as a whole will be targeted rather than individual machines. How should you prepare?

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The blockchain bowling alley: How distributed ledger technology goes mainstream

CGI

The blockchain bowling alley: How distributed ledger technology goes mainstream. As someone engaged with blockchain projects since 2016 in CGI’s Trade Innovation Lab (and countless emerging technology projects before that), my experience is that blockchain is making the leap from experimental to production-ready solutions.