Hong Kong is committed to the growth of their fintech sector. With a national GDP of $341.4bn, the city is fast becoming a hub for digital transformation. The rapid advancements in technology has led to the rise in fintech innovation and online banking methods which has supported consumer needs amid the pandemic. The latest report […]
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By BARBARA ORTUTAY AP Technology Writer OAKLAND, Calif. (AP) — Hackers broke into the Twitter accounts of world leaders, celebrities and tech moguls on Wednesday in one of the most high-profile security breaches in recent years, highlighting a major flaw with the service millions of people have come to rely on as an essential communications […]
Unidentified hackers broke into the Twitter accounts of technology moguls, politicians, celebrities and major companies Wednesday in an apparent Bitcoin scam. The ruse included bogus tweets from former President Barack Obama, Democratic presidential front-runner Joe Biden, Mike Bloomberg and a number of tech billionaires including Amazon CEO Jeff Bezos, Microsoft co-founder Bill Gates and Tesla […]
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — A Japanese high court on Thursday upheld a lower court’s decision that the French head of Mt. Gox, a Tokyo-based bitcoin exchange that went bankrupt after a massive hacking attack, was guilty of manipulating electronic data but not embezzlement. The Tokyo District Court last year sentenced […]
Technology has undoubtedly, transformed our lives and disrupted the way we use money. Given the current pandemic, digital currency seems an ever-more appealing prospect in our stay-home, work-from-home arrangements. Unlike the use of cash, digital currencies would not be a potential source of virus transmission or require persons to overlook social distancing measures when making […]
In the recent years, money and our perception of it, has evolved significantly. The rapid advancements in technology has influenced and diversified the form and nature of money used for exchange purposes: from coins to paper to bank-accounts to e-wallets and cryptocurrency, money no longer has a single, identifiable image. Based on how fast the […]
BGP (Border Gateway Protocol) is a fundamental support system of the internet. It is designed to exchange routing and reachability info among autonomous systems on the internet. This important tool is essential for network stability. Security vulnerabilities of BGP can lead to heightened attack risks that can impact our businesses and many aspects of society. […]
No one said that predicting the future is easy and with the rate at which the digital world is advancing, it is perhaps easy to get ahead of ourselves. So what did consumers raise their tech hopes for in 2020, that can no longer be expected? Uber’s flying cars In 2017 Uber predicted we’d be […]