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Nordlo Hires New Sales Manager, Aims for Turnover Doubling

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

Sarp Bank Aims to Double Turnover ‍in Two ⁣Years

Stavanger, Norway – November 16, 2025 – Sarp Bank has announced an enterprising⁢ plan to ‍double its turnover⁢ within the next two years, signaling a period of⁢ meaningful growth and expansion for the ‌financial institution.The initiative⁢ comes ‍as the bank seeks to solidify its position in the competitive Norwegian market and capitalize on emerging economic opportunities.

The bank’s leadership outlined the strategy during ‌an ⁢internal meeting​ on November 15, 2025, emphasizing a focus on strategic investments,⁤ enhanced customer ​service, and the advancement of innovative financial products. This ⁢aggressive growth ​target will impact employees ⁢across all departments as Sarp ⁣Bank adapts to meet increased demands ‍and pursue new avenues for revenue generation. The success of this plan ‌is crucial for maintaining Sarp Bank’s‌ market share‍ and attracting further ‌investment.

Recent personnel changes reflect the bank’s forward momentum.⁤ Raymond has recently been appointed to ​a top ​position‌ within the bank, though specific details of ​his role were not ‌disclosed. Concurrently, Lina experienced⁢ a job loss, but subsequently secured a new, promising prospect, demonstrating the dynamic shifts occurring within the regional job market.

These developments are part of a broader trend of economic activity in ​the Sarp region, with local businesses and individuals ⁣alike seeking financial stability ‍and growth opportunities. Sarp Bank’s commitment to doubling its turnover underscores its confidence in the region’s economic prospects and its dedication​ to serving the financial needs of its customers.

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Business

Credit Card Fraud Detection Platform Market Trends Analysis

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

Credit Card Fraud Detection Platform Market Poised for Rapid Growth, Reaching $12.8 billion by 2033

Dublin, Ireland – The global credit‌ card fraud detection platform​ market ‌is experiencing significant expansion, driven ‍by escalating fraud rates and the increasing sophistication of cybercriminals. A new report by ‌ResearchAndMarkets.com projects the⁢ market​ will‌ reach ‍$12.8 billion⁣ by 2033, exhibiting substantial growth from its current valuation. This surge is fueled by the widespread adoption⁤ of digital payment methods and the urgent need for robust security solutions.

The report identifies⁣ key technologies ​propelling this growth, including Artificial Intelligence (AI) and Machine Learning, Big Data analytics, Predictive Analytics, and Biometrics. These​ technologies are enabling more accurate and real-time fraud detection, moving beyond traditional rule-based systems.Submission ​areas experiencing ⁢the⁤ most demand⁤ include⁢ Transaction Monitoring, Customer authentication, and Account⁤ Takeover ‌Detection.

The analysis further segments the market by end-use industries, highlighting the prominent role of the BFSI (Banking, Financial Services, and ⁢Insurance) ‍sector, alongside increasing ​adoption in Retail & E-commerce, Government, Healthcare, and Telecommunication.Regional analysis ⁣indicates significant market share and growth potential‌ across various geographies.

Key ​players in the ‌competitive landscape include FICO, SAS Institute Inc., ‍NICE Actimize, ACI ​Worldwide, ​Experian Information Solutions, Inc., ⁤Feedzai, featurespace Limited, ⁢Equifax Inc.,⁤ RSA Security USA LLC, and LexisNexis Risk Solutions. The report⁤ provides detailed company profiles and market ⁢positioning analysis.

The increasing⁣ prevalence of ‍online transactions and the evolving tactics of fraudsters are driving the demand‌ for advanced fraud detection platforms, making this a critical area ​of investment for businesses across​ multiple sectors.

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Technology

-title: Berlin Faces Millions in Windows 10 Update Costs

by Rachel Kim – Technology Editor
written by Rachel Kim – Technology Editor

Berlin Faces​ Millions⁣ in Costs as Windows 10 Security Updates End

Teh Berlin governance is bracing for potential costs in the millions of euros as ‍free security updates for Windows 10 end on ‌Tuesday. Approximately 45,000 of the city’s 95,000 computers are still operating on the older operating system, according to a Senate Chancellery spokesperson cited by “Tagesspiegel Checkpoint.”

With Microsoft ‍ceasing free ⁣support‍ for Windows 10, organizations and ‌municipalities now face a⁢ service fee of roughly 52 euros per computer for the first year to continue receiving critical security updates. This‍ translates to a ⁣potential cost of 2.25 million euros for Berlin alone.‌ the fee ​is set to increase in subsequent ⁣years, doubling in both the second and third years of continued use.

While concerns⁣ initially arose that private users would need to pay for updates or upgrade hardware to ⁣remain protected from cyber threats, Microsoft has recently offered some versatility. In late September, the company ​announced that users in the european Economic Area (EEA) would be offered a⁣ free extension of support⁤ through an update renewal program. The EEA encompasses the 27 EU member states,along with Norway,Iceland,and Liechtenstein.US users who utilize⁣ the Windows backup function can also continue to receive free updates.

microsoft is encouraging users to migrate to ⁣Windows 11,released in 2021. ​However, many existing devices do not ⁢meet the technical specifications required to run the newer operating‌ system. Consumer Reports highlighted that devices sold as recently as 2022 ⁣and 2023 were still being marketed that were not compatible ⁣with Windows 11,possibly becoming obsolete prematurely.

Globally, an estimated ⁢650 million people were still using Windows‍ 10 ⁣as of August, according to one estimate.⁤ Up to 400 million computers are believed ​to be incompatible with Windows 11. In Germany, the ​consumer advice centre estimates ‍that‌ over⁣ 30 million computers are currently‍ running Windows 10.

Without ongoing security updates, Windows 10 becomes increasingly vulnerable to cyberattacks. The German consumer ⁣advice center warns that ​even antivirus software may be less effective on an outdated system.Furthermore, compatibility with new software and hardware could become problematic as developers ​prioritize support for more current operating systems. Microsoft will also discontinue technical support for Windows 10, leaving users to rely on self-help, third-party providers, or online forums.

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Technology

Google Sales Force Hack: Phishing Threat & Security Measures

by Rachel Kim – Technology Editor
written by Rachel Kim – Technology Editor

Google Data Breach: 2.5 Billion ⁢Gmail Users at Risk of​ phishing Attacks

Table of Contents

Google has confirmed a significant data breach affecting approximately 2.5 billion Gmail⁢ users⁤ worldwide.The breach, perpetrated ​by the notorious hacking group SHINee Hunters (tracked as‍ UNC6040 by GoogleS Threat Intelligence Group), compromised data within Google’s Sales Customer Relationship Management (CRM) system. This incident elevates the risk of⁣ targeted phishing attacks against a vast number of⁢ individuals and businesses.

Details of the Breach

Google announced on August 6th that SHINee Hunters gained unauthorized access to‌ the CRM system in June. While ⁢the compromised data primarily consists of basic ‍business information – company names and contact details – Google assures users that passwords and sensitive personal​ information were not directly exposed.However, the leaked ​contact information significantly increases the potential ​for sophisticated phishing campaigns.

This​ attack is‍ part of a broader campaign ⁢targeting major global corporations, including Adidas,⁤ Cisco, Qantas Airlines, Pandora, Allianz Life, and luxury brands Louis Vuitton, Dior, and Tiffany & Co. The group has already reportedly received ‍a ransom​ payment of approximately 400 million Korean Won (roughly $300,000 USD) from one company.

Sophisticated ⁢Phishing Tactics Employed

SHINee Hunters utilized a ​highly⁤ sophisticated voice phishing ⁢(vishing) technique to infiltrate the system. Attackers impersonated IT support personnel, contacting‍ employees and convincing‌ them to install ⁣malicious versions of the Salesforce‌ Data Loader submission. By tricking victims into entering a “connection code,” the attackers gained legitimate access to the Salesforce environment‍ and extracted large‌ volumes of ⁤customer data.

Did‍ You Know? According to Verizon’s 2023 Data Breach Investigations Report, ⁢phishing ⁤remains the leading cause of​ data breaches, accounting for 74% of all breaches. [Verizon DBIR 2023]

Reports of related phishing attempts ⁣are already surfacing online, with users on platforms like Reddit describing receiving phone calls from individuals‌ falsely claiming to be Google employees investigating account security issues.

Ransomware and Data Leak Threats

SHINee Hunters is known for its extortion tactics. ‍The group threatens‌ companies with data release unless a​ ransom ‍is ‌paid and has indicated plans⁣ to sell the stolen ‌data on hacking forums if negotiations fail.⁣ Google has⁢ warned that the attackers are likely to establish a data leak site (DLS) to ⁢further pressure victims.

SHINee Hunters has been active ‌as 2020 and ‌previously compromised over 165 organizations, ​including⁢ AT&T, Santander Bank, and Ticketmaster in 2023. Their persistent activity and evolving tactics⁤ pose a continuing ⁤threat to businesses and individuals.

Google’s Security Recommendations

Google is urging users to take immediate steps to‌ enhance their security.​ These recommendations⁤ include:

  • Utilizing Google’s Security Checkup tools to identify account vulnerabilities.
  • Enrolling in Advanced Protection Program to⁤ block harmful files.
  • Restricting⁢ Gmail access for unauthorized third-party apps.
  • Transitioning to Passkeys as a more secure choice to passwords.

Pro Tip: Regularly review your account activity and be wary of any unsolicited requests for personal information, especially ⁣those ⁢received ⁢via phone or email.

Google emphatically states, “There is never a request for employees to reset or change their account by phone or e-mail.” This underscores the importance of verifying any such requests through official channels.

The Evolving Landscape of Cyber Security

Cybersecurity experts emphasize that this incident highlights the growing danger of social engineering attacks, which exploit human vulnerabilities rather⁣ than technical weaknesses. As outlined in the National Institute of Standards and Technology ‍(NIST)⁤ guidelines, a layered⁢ security approach is crucial, combining technical ⁣controls ​with robust employee training⁤ and awareness programs. [NIST Cybersecurity Framework]

Event Date Details
Initial Breach June 2024 SHINee Hunters gains access to google’s Sales CRM system.
Public Disclosure August 6, 2024 Google announces the breach​ and ‍its potential impact.
Ransom Demand Ongoing SHINee Hunters demands ransom from affected ‌companies.
Potential DLS Launch Imminent Threat of a data leak site being established.

GDN ViewPoints: A Paradigm Shift in Cyber Security

The Google hacking case ⁣underscores‍ a basic ⁣challenge in modern cybersecurity. Even organizations with world-class security technology are vulnerable to‌ sophisticated social engineering attacks. The​ fact that ‌Google’s own threat intelligence team was‌ targeted ⁢using similar tactics is particularly concerning.

This incident mirrors the Snowflake attack in 2024, where attackers bypassed⁤ technical defenses‌ by exploiting human psychological weaknesses.⁤ The focus is shifting from “technology versus technology” to “psychology ⁤versus security ⁢consciousness.”

The increasing sophistication of AI-powered voice cloning technology further exacerbates the threat. Deepfake voice technology⁤ could convincingly mimic the ⁤voices ⁤of CEOs or IT managers, ⁤making it even more difficult for ⁢employees to identify fraudulent requests. What steps can your institution‌ take to prepare ‌for this evolving threat landscape?

Companies must prioritize building “human firewalls” alongside technical defenses. Regular security training, simulated social engineering attacks, and a culture of skepticism are essential. Verification procedures should be mandatory for all urgent or ‌important requests, irrespective⁣ of the source.

Ultimately, human judgment and security awareness may be the most critical defenses in‌ an era where‍ technology provides new ‌weapons to both attackers and ⁢defenders.

The threat of phishing​ attacks is a‌ constant and evolving challenge. As attackers become more sophisticated,organizations and individuals must ⁢remain ⁣vigilant and proactive in ⁤their⁤ security measures. The rise of AI-powered tools is expected⁣ to further complicate the‍ landscape, requiring continuous adaptation and investment in security awareness training. Staying informed about the latest threats and ⁤best practices is crucial⁢ for mitigating risk.

Frequently Asked Questions about the Google ​Data Breach

  • What is SHINee Hunters? SHINee Hunters is a notorious‌ cybercriminal group active sence 2020, known for data breaches and ransomware attacks.
  • is my Gmail password safe? Google states that passwords were not directly compromised in this breach, but the ⁣leaked contact information increases the risk of phishing attacks.
  • What is a data leak site (DLS)? ⁤ A DLS is a website where hackers publish stolen data to pressure ​victims into⁤ paying a ransom.
  • How ⁢can ⁣I protect myself from phishing attacks? Enable two-factor authentication,⁤ be wary of unsolicited requests ⁣for personal information, and verify requests through official channels.
  • What is voice phishing (vishing)? Vishing is a type of phishing attack⁣ conducted over​ the phone,⁣ where attackers impersonate legitimate entities to ⁣trick victims into revealing sensitive information.
  • What are Passkeys? Passkeys are a more secure alternative to passwords, using cryptographic keys rather of easily ‌guessable ⁣strings.

we ​hope this information helps you‍ stay​ safe online. Please share ⁢this ⁣article with‍ your friends and colleagues to raise awareness ⁢about ⁣this⁤ critically important issue. ⁢ If you found this ⁤article insightful, consider subscribing to our newsletter for more breaking news and ‍in-depth ⁣analysis.

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Business

Backup strategy prevents ransomware extortion

by Chief editor of world-today-news.com
written by Chief editor of world-today-news.com

Ransomware insurance promises financial rescue in the event of cyber extortion. But the real protection lies in a well-thought-out backup concept. Only those who carefully back up their data can quickly get production back up and running in an emergency – even without paying a ransom.

Cyber ​​policies such as ransomware insurance not only offer companies financial compensation in the event of damage. “The policies also cover the costs of crisis management, forensic analysis and reputation management,” explains IT security expert Dirk Bongardt. In some cases, they even reimburse the ransom demanded by the blackmailers. But Bongardt warns: “However, paying a ransom does not always guarantee that the encrypted data will actually be released.”

Back-ups prevent the worst

According to Bongardt, the best protection against weeks-long business interruptions is carefully planned data backups. “A backup always includes planning and preparing for restarting and restoring the data,” says the expert. To avoid unpleasant surprises, companies should regularly test their backup and recovery processes. This is the only way to identify and resolve potential complications at an early stage.

Preventive measures such as regular software updates, secure remote access and the separation of admin and user accounts can also effectively prevent ransomware attacks. If an attack does occur, quick action is required: infected systems must be isolated immediately, authorities informed and external experts called in.

Cyber ​​insurance pays

The financial consequences of a ransomware attack can quickly run into the millions. Cyber ​​insurance cushions the damage by covering recovery costs, business interruptions and possible liability claims. Whether a cyber policy is worthwhile always depends on the individual case. In any case, a well-thought-out data backup concept remains essential. You can read more details about the services provided by ransomware insurance in the full article in the MittelstandsWiki.

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Business

Cybercrime damages rise to 267 billion euros

by Chief editor of world-today-news.com
written by Chief editor of world-today-news.com

According to a Bitkom study, the damage caused by cybercrime will amount to 267 billion euros in 2023.

Bitkom and the Federal Office for the Protection of the Constitution presented the study “Economic Protection 2024” on Wednesday. According to the study, the economic damage to German companies caused by attacks in the past twelve months amounted to around 267 billion euros, an increase of around 206 billion euros in the same period last year. More than 1,000 companies from all sectors were surveyed, and the Office for the Protection of the Constitution and Bitkom describe the survey as representative.

According to the study, 81 percent of companies have been victims of theft of data and IT equipment, digital and analog industrial espionage or sabotage, and another 10 percent of companies at least suspect this. This also represents an increase from the previous 72 percent and 8 percent respectively. Cyber ​​attacks are responsible for 67 percent of the damage, around 179 billion euros.

Companies that fell victim to such cyber attacks were able to trace the perpetrators to organized crime in 70 percent of cases, up from just 61 percent previously. Foreign intelligence services are now responsible for 20 percent of the attacks, a significant increase from 7 percent previously. 45 percent of the affected companies were able to trace the attacks back to China, while 39 percent had their origin in Russia – here the two countries have swapped places year-on-year. Only 20 percent of the attacks came from Germany, compared to 29 percent in the same period last year.

There is a growing awareness in the economy of the extent of such attacks: around two-thirds of companies (65 percent) see cyber attacks as a threat to their existence, which was the case for only half of companies (52 percent) in the previous year – in 2021, only 9 percent of companies assessed the cyber threat in this way. Just over half of companies (53 percent) believe they are well prepared for cyber attacks.

Digital attacks are increasing, with 74 percent of companies affected by digital espionage of business data – an increase of 4 percentage points. This includes customer data, access data and passwords, intellectual property such as patents and information from research and development or emails. Overall, there was an increase in “classic analogue attacks”. This includes the theft of IT and telecommunications equipment, which affected 62 percent of companies – the figure is slightly declining. However, the theft of physical documents, samples or components increased, as did the eavesdropping on telephone calls or on-site meetings.

Supply chain security is still largely neglected. Only 37 percent of companies said they had an emergency plan in place should suppliers have security incidents. A further 37 percent admitted that the company lacked the necessary security awareness.

Spending on IT security as a share of the IT budget has risen to 17 percent, from 14 percent previously. 39 percent of companies spend 20 percent or more of their IT budget on IT security, which is what the Federal Office for Information Security (BSI) and Bitkom demanded.

Source: Dirk Knop/heise.de

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