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Crypto Crime Drops 39% But Challenges Persist, Including Ransomware Attacks, Transactions with Sanctioned Entities

Fintech News

Despite the notable drop and improvements, the prominence of sanction-related transactions and the growth of ransomware attacks remain key challenges for the industry to tackle. The growth of ransomware revenue suggests that ransomware attackers are adjusting to the new cybersecurity improvements that organizations have made.

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PayPal (Maybe) Pulls Ahead Of The SMB Lending Pack

PYMNTS

Twenty-nine percent of SMB CEOs said economic conditions had recently improved , Vistage’s Q1 analysis revealed, a significant decline from the 44 percent who said the same in Q4 2018, and even more of a drop from the 62 percent who agreed in Q1 2018. middle-market in the recently released Golub Capital Altman Index.

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How Big Tech Is Finally Tackling Cybersecurity

CB Insights

Facebook, for example, disclosed that an unprecedented data breach in September 2018 exposed the social media accounts of up to 90M users — including login credentials — effectively compromising access to any site that lets users log in with their Facebook account. Collectively, FAMGA has poured nearly $2.5B Confirm.io

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The Future Of The Factory: How Technology Is Transforming Manufacturing

CB Insights

In 2018, assembly lines are so lean they’re integrating a nearly real-time inflow of parts and assembling them as fast as they arrive. The WannaCry ransomware attack caused shutdowns at the Renault-Nissan auto plants in Europe. GE says it will begin testing the Cessna Denali engine for potential flight tests in 2018.