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Showing posts from July, 2024

After American cybersecurity's product causes unprecedented computer shutdowns across the globe, Israeli companies ( Orca, Wiz, Palo Alto' Prisma, CloudGuard) now have a chance to offer alternative solutions

 " CrowdStrike may not be a familiar name for many, but it’s a darling of the global cybersecurity market and the fiercest rival of almost every Israeli cybersecurity company. CrowdStrike is synonymous with success in cybersecurity. It ended 2024 (a fiscal year that ended in January 2024) with revenues of $3 billion and cash flow of $1 billion, numbers reminiscent of Check Point, but it is growing faster and planned to end the current year with revenues of around $4 billion. Before the Israeli company Wiz emerged, CrowdStrike held most of the cybersecurity industry’s coveted titles. For the Israeli cybersecurity industry, the company’s troubles are an opportunity. CrowdStrike is Israeli company Palo Alto Networks’s main competitor and resembles it both in size and in its aim of building a comprehensive platform that provides all the cybersecurity needs for organizations. " " It also has cloud security solutions competing with Wiz, Orca, Palo Alto's Prisma, and Check

“I liked Bibi,” Trump said at the time. “I still like Bibi … But I also like loyalty.” Trump said in interview.

 " In 2021, former United States President Donald Trump told Israeli journalist Barak Ravid that his relationship with Benjamin Netanyahu had suffered after the Israeli prime minister had congratulated Joe Biden on winning the 2020 American presidential election. " F*** him,” Trump said ( about Netanyahu ) in the interview." I liked Bibi,” Trump said at the time. “I still like Bibi … But I also like loyalty.” "Trump doesn’t like to pick a losing partner,” he added." “Trump saw this as a betrayal,” Eyal Lurie-Pardes of the Middle East Institute, told Al Jazeera. “Trump has been very supportive of Israel but critical of Netanyahu, attacking him for [October 7] happening under his watch and as being weaker than ever." "The Israeli PM is expected to meet Biden, and separately, Vice President Kamala Harris, who has all but locked down the Democratic Party’s nomination for the November presidential vote after Biden’s withdrawal from the race. Harris, as VP,

BANKING SECRECY LAWS "WERE IMMORAL", A CASE IN PERSPECTIVE OF DEMISE OF CREDIT SUISSE.

 " Details of accounts linked to 30,000 Credit Suisse clients all over the world are contained in the leak, which unmasks the beneficiaries of more than 100bn Swiss francs (£80bn)* held in one of Switzerland’s best-known financial institutions. The leak points to widespread failures of due diligence by Credit Suisse, despite repeated pledges over decades to weed out dubious clients and illicit funds. The Guardian is part of a consortium of media outlets given exclusive access to the data. We can reveal how Credit Suisse repeatedly either opened or maintained bank accounts for a panoramic array of high-risk clients across the world." " They include a human trafficker in the   Philippines , a Hong Kong stock exchange boss jailed for bribery, a billionaire who ordered the murder of his Lebanese pop star girlfriend and executives who looted Venezuela’s state oil company, as well as corrupt politicians from Egypt to Ukraine. One Vatican-owned account in the data was used to s

TECH OUTAGE. LARGEST IT DISRUPTION IN HISTORY.

 Airplanes, Hospitals, Financial Institutions, personal computers affected largely after Cloudstrike, a sybersecurity company sent a flawed software update.  NYTimes  " At the  Heart of the massive disruption is Crowdstrike,  a cybersecurity firm that provides software to thousands of companies worldwide. " CrowdStrike CEO George Kurtz has since said that the company is "actively working with customers impacted by a defect found in a single content update for Windows hosts," stressing that Mac and Linux hosts are not affected. "This is not a security incident or cyberattack. The issue has been identified, isolated and a fix has been deployed,"  he said on social media . One expert suggested it may be the " largest IT outage in history . https://www.cnbc.com/amp/2024/07/19/latest-live-updates-on-a-major-it-outage-spreading-worldwide.html " Global outages:  Tech disruptions across the world have  hit airlines, banks,  businesses ,  schools  and  go

Romance Fraud, Romance Scam or confidence fraud.

What is Romance Fraud, Romance Scam or confidence fraud ? " Romance fraud is a kind of scam led through social engineering  techniques, used to leverage emotional relationships, to subsequently obtain financial gain or services. While people roam online to find love and companionship, scammers have found a way to make money out of it. And the business is booming. Although it is not a recent phenomenon, romance fraud has been increasingly popular, especially during COVID 19 crisis,   where some people expressed emotional distress and loneliness." https://www.idnow.io/glossary/romance-fraud/ How Romance Fraud has become Multi Million Dollars industry?  " According to a report  by the FBI’s Internet Crime Complaint Center, these hoaxes accounted for $475 million in damages in 2019. This jaw-dropping number stems from a data set of nearly 20,000 complaints submitted to the agency. As some of those scammed may choose not to spread the word about their mishaps, the actual brea

When one player is absorbed, the musical chairs are being rearranged and that creates opportunities," said Enna Pariset.

 After collapsing of Swiss Giant CS. (Credit Suisse) Attractive opportunities arise for other global financial players. Reuters says France BNP Paribas, Germany's Giant, Deutsche, US Lenders Citi and Bank of America  are among those increasing staffing and courting smaller companies that form the bedrock of the Swiss economy. Anna Pariset who heads of BNP Paribas Swiss operations, says  "When one player is absorbed, the musical chairs are being rearranged and that creates opportunities,"  She says, "Sometimes you're lucky." From the clients perspective  Nicola Tettamanti, president of Swissmechanic, which represents small and medium-sized industrial companies in Switzerland, welcomed the moves by foreign banks, although he said the benefits might take some time to filter down. " "As a fan of competition I am quite comfortable with more players in the market, which will lead to improved services and better prices," he told Reuters." "