Fintech

Version One quarterly news and COVID-19 response

This has been the longest quarter ever. Early January seems like an eternity ago. Countries, communities and households have been turned upside down.  This time of year, we normally provide a portfolio update that highlights the various product launches, accolades and funding announcements from th ...

Thoughts on the State of DeFi

The last couple of weeks have been quite a test for cryptocurrency markets in general and DeFi in particular. On Black Thursday (March 12), BTC/ETH prices declined by ~50% and DeFi’s flagship project, MakerDAO, ended up with ~$5 million USD in unbacked DAI. You can read Tom Schmidt’s excellent ...

BTC + DeFi = FTW

I recently shared some thoughts about DeFi in light of recent market turmoil. While I remain extremely bullish on p2p finance in the long run, I believe there are at least 3 major questions to answer in the short term: 1) what blockchain/layer is most appropriate for DeFi scalability, 2) what use c ...

Koodo admits February data breach, data already being sold on dark web

One of Canada’s three big wireless carriers was hacked last month, with the attacker making off with customer names and phone numbers for two months during the summer of 2017. The stolen data is already on sale online. According to Bleeping Computer, Telus has begun notifying customers by email t ...

Maze posts data allegedly stolen from PEI in ransomware attack

Stolen data purportedly from the government of Prince Edward Island including personal information has been publicly posted on the web site of the ransomware gang known as the Maze group, according to a security researcher. Brett Callow, a British Columbia-based threat analyst for Emsisoft who has ...

Mogo keeps $10.00 price target at Mackie Research

Look for fintech name Mogo (Mogo Stock Quote, Chart, News TSX:MOGO) to rerate after the market turbulence winds down, says Mackie Research analyst Nikhil Thadani, who on Monday provided clients with an update on the company. Thadani reiterated his “Speculative Buy” rating and $10.00 target pric ...

How to stonewall the hackers trying to to get around your MFA

Multi-factor authentication (MFA), a security system that requires multiple methods of authentication from independent categories of credentials to verify a user’s identity has been held up by many experts as one of the best way to protect against brute force attacks and spear phishing lures on cr ...

BlackBerry, Microsoft and other heavy hitters drop product announcements at RSA Conference

BlackBerry, Microsoft, Proofpoint, McAfee, Palo Alto Networks and Spirion are among the companies making product announcements in San Francisco at the start of the annual RSA Conference. The conference officially kicked off today with keynote speeches. BlackBerry said it has added a new unified end ...

Cisco to release cloud-based security product management platform

Managing the many security products in an organization’s environment is one of the key problems faced by CISOs. To help with the burden Cisco Systems today announced a cloud-based management portal for all of its products called SecureX, which it says will give administrators greater visibility t ...

Cyber Security Today – 2FA mandatory at Amazon Ring, why upgrading Windows is important, and big drama at MGM hotels

Today's podcast reports on two-factor authentication at Amazon Ring, why upgrading Windows is important, and big drama at MGM hotels ...