Hackers Breach Offshore Digital Bank, Expose 37GB of Crypto Wallet Data
A cybercriminal group called 'Weyhro' claims to have compromised Valens Bank's entire digital infrastructure, exposing sensitive customer data and cryptocurrency operations. The 37GB leak reportedly includes over 400,000 customer records, cryptographic keys, and source code, raising major concerns about offshore digital banking security.
Singapore Mandates Banks and Telcos Share Responsibility for Phishing Scam Prevention
Singapore introduces a pioneering Shared Responsibility Framework requiring banks and telecom companies to implement strict anti-phishing measures or face financial liability. The framework establishes a 'waterfall' accountability system and mandates specific security protocols including cooling-off periods and real-time monitoring.
Sweden's Cashless Revolution Leaves Vulnerable Citizens Behind
Sweden's pioneering shift towards a completely digital payment system is creating unexpected social divisions and challenges. While over 80% of Swedes embrace mobile payments, elderly, homeless, and marginalized populations face increasing barriers to essential services in this cashless society.