In a significant warning for online investors, federal authorities have revealed that a Philippines-based company, Funnull Technology Inc., is at the heart of a widespread investment fraud operation known as “pig butchering.” This scam has harnessed Funnull’s infrastructure to run hundreds of thousands of fraudulent websites camouflaged as legitimate cryptocurrency platforms. Key Points The FBI […]
As summer rolls in, employees are keen to unwind, yet many feel compelled to maintain productivity levels. This article explores the balance between employee flexibility and work performance, revealing insights from a recent survey and commentary from organisational behaviour experts. Source: HR Reporter Key Points Nearly 80% of employees believe achieving work-life balance in summer […]
The US Treasury has announced sanctions against Funnull Technology Inc., a Philippines-based company believed to be facilitating a series of virtual currency investment scams known as “pig butchering”. The Treasury claims Funnull provided internet infrastructure services to cybercriminals orchestrating these scams, which have grown into a billion-dollar industry. Alongside the company, an alleged administrator, Liu […]
The U.S. government has taken significant action by imposing sanctions on FUNNULL, a tech company accused of facilitating cyber scams that have cost American victims approximately $200 million. This move highlights ongoing efforts to combat cybercrime and protect consumers from fraudulent schemes. Source: TechCrunch Key Points The U.S. Treasury imposed sanctions on FUNNULL, linked to […]
On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act (OBBBA). This act proposes significant changes to tax provisions that originated from the Tax Cuts and Jobs Act of 2017. The bill not only extends certain corporate, international, and individual tax benefits but also introduces new measures aimed at both […]
Blockchain technology is shaking things up across various sectors, moving beyond just being a fancy way to swap cryptocurrencies. As highlighted in an insightful piece with Daniel Rabetti from Harvard Business School, the conversation around blockchain is evolving rapidly. Source: Original Article Key Insights Blockchain offers transparent tracking of transactions, enabling decentralised finance (DeFi). Rabetti’s […]
The Transportation Security Administration (TSA) is sounding the alarm as summer travel approaches, highlighting potential cybersecurity threats linked to public USB charging stations at airports. These warnings are particularly focused on a scheme dubbed “juice jacking,” where hackers can compromise personal devices via public USB ports. Source: Cleveland.com Key Points The TSA warns that public […]
The implementation of the NIS 2 Directive brings new cybersecurity obligations for gaming operators and their suppliers in the EU. This article outlines the directive’s requirements and how it relates to the gambling industry, focusing on its impact, compliance timelines, and associated obligations. Source: Article URL Key Points The NIS 2 Directive enhances cybersecurity measures […]
As medical devices become increasingly connected, a solid understanding of cybersecurity is essential right from the design phase. This article discusses the importance of leaning in on security while developing medical device software and how these devices can impact patient safety. Source: TechBullion Key Points The design phase is critical for integrating cybersecurity into medical […]
UK Defence Minister John Healey has unveiled a new cyber command aimed at coordinating the UK’s offensive operations against hostile states. With a staggering 90,000 cyberattacks from state-sponsored sources recorded over the last two years, the urgency for robust cyber defences has never been clearer. This initiative comes with a hefty £1 billion investment, reinforcing […]
