article thumbnail

Chinese Hackers Target Navy Contractors To Steal Military Secrets

PYMNTS

The attacks affect all branches of the military , but Navy and Air Force contractors are seen as attractive targets because they deal with advanced weaponry and technology. Chinese hackers go after contractors because often, they don’t have the resources needed to secure their networks. It called the security breaches unacceptable.

article thumbnail

Bitcoin Daily: FINMA Grants Licenses To Two New Blockchain Firms; ShortHop Crypto Exchange Launches In Seven New States

PYMNTS

The Swiss Financial Market Supervisory Authority (FINMA) has granted the first “banking and securities licenses” to two blockchain companies: SEBA Crypto AG and Sygnum AG. states: Indiana, Massachusetts, Nevada, New Jersey, Rhode Island, Arizona and Montana. The exchange is already live in California, Washington and Illinois.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bad Actors Emerge in PPP Lending – More Expected as Forgiveness Guidance Emerges

Abrigo

As the initial rush to secure PPP loans dies down, financial institutions now face a new set of questions: How do financial institutions handle misused, unforgiven loans and fraudulent loans? In the case of the two men in Rhode Island, there were several red flags pointing to fraud. Is there a difference? C&I Loans.

Lending 195
article thumbnail

The United States Of Startups: The Most Well-Funded Tech Startup In Every US State

CB Insights

Using the CB Insights database, we identified the most-well funded VC-backed technology startups by state based on disclosed equity funding. The others include: Vox Media , Magic Leap , GreenSky , Avant , DraftKings , Duo Security , Infor , AvidXChange , and Domo. Tilson Technology Management. Tenable Network Security.

article thumbnail

Waze Introduces Contactless Payments At ExxonMobil, Shell Stations

PYMNTS

When drivers pull into participating stations, they will see a notification on Waze prompting their Android or iOS device to securely pay through each company’s app. Waze is committed to continuing to help businesses leverage innovative technology to adapt, evolve, and engage with customers,” said Andrew Kandel, Waze U.S.

article thumbnail

How Big Tech Is Finally Tackling Cybersecurity

CB Insights

Read our future of data security report for more on this topic. ). It comes as no surprise, then, that big tech players like Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are investing heavily in data security — especially as several have fallen victim to data breaches themselves.

Google 76
article thumbnail

121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

Company: AOptix Technologies. The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year. So its secured lender, which [founder Scott] Jones didn’t name, recently emptied ChaCha’s bank accounts.

Capital 78