Press Release
Singaporebased Silent Eight 40m Seriespillai The
singaporebased silent eight 40m seriespillai the:
Singapore-based Silent Eight, whose AI-powered tech lets financial institutions enforce economic sanctions and prevent financial crimes, raises a $40M Seriessingaporebased silent eight 40m seriespillai the
The round was led by TYH Ventures, a US-based venture firm anchored by a family office, and joined by a new backer, HSBC Ventures. The latter is Silent Eight’s latest customer to become an investor.
Several investors from previous rounds also joined the raise, namely OTB Ventures, Wavemaker Partners, Aglaia, Standard Chartered Bank’s SC Ventures and veteran angel investor Koh Boon Hwee, who is also general partner of Altara Ventures.
Founded in Singapore in 2013, Silent Eight has developed an AI platform for financial crime that investigates suspicious transactions, beneficiaries and customers in real-time. With the recent funding, it expects to hire over 150 data scientists, developers and engineers this year.
Kolya Miller, managing partner of TYH Ventures, who is joining Silent Eight’s board, said that the startup’s historic performance has been strong and that future revenue projections are stronger.
Ore Adeyemi, managing director and head of strategic innovation investments at HSBC added that Silent Eight’s platform has helped protect the bank from financial crime. HSBC and Silent Eight had announced a multi-year partnership in 2021 to enhance the bank’s compliance operations.
Tom Caine, venture capital investor at HSBC Ventures, will join as a board observer.
Silent Eight has raised US$55 million to date. According to data platform VentureCap Insights, the startup was valued at US$134.6 million with the most recent fundraise.
Press Release
T-Mobile data leak revealed call logs and phone numbers
T-Mobile has disclosed a data breach that exposed customer proprietary network information (CPNI), which includes phone numbers and call history.
T-Mobile started texting consumers about a “security incident” that revealed the details of their accounts yesterday.
T-Mobile claims that recently, their systems had “malicious, unauthorised access” uncovered by their security staff. T-Mobile hired a cybersecurity company to conduct an investigation, and the results showed that threat actors had gotten access to CPNI, or customer-generated network information, used for telecommunications.
Phone numbers, call history, and the number of lines on an account are among the data compromised in this attack.
“The Federal Communications Commission (FCC) regulations’ definition of customer proprietary network information (CPNI) was accessed. The CPNI that was accessed might have included your phone number, the number of lines you have subscribed to, and, in some cases, call-related data gathered as part of your wireless service’s routine operation “T-Mobile claimed in a notification of a data breach.
According to T-Mobile, the compromised data did not include the names, addresses, email addresses, financial information, credit card information, social security numbers, tax IDs, passwords, or PINs of account holders.
T-Mobile claimed that this hack only affected a “small number of consumers (less than 0.2%)” in a statement to BleepingComputer. There are roughly 200,000 persons who have been impacted by this breach out of T-estimated Mobile’s 100 million customers.
“Less than 0.2% of our clients are now receiving notifications that some account information may have been improperly accessed. Names connected to the account, financial information, credit card details, social security numbers, passwords, PINs, and physical or email addresses were NOT among the data obtained. Phone numbers, the number of lines a user subscribes to, and, in a few rare situations, call-related data gathered as part of routine operation and service, were among the data that may have been accessed “Tells BleepingComputer, T-Mobile.
Anyone who has received a text alert about this incident should be on the watch for any suspicious texts that seem to be from T-Mobile and ask for information or contain links to websites that are not owned by T-Mobile.
Threat actors frequently employ information they have obtained from other targeted phishing and smishing efforts in an effort to obtain sensitive data such login names and passwords.
Prior data breaches at T-Mobile occurred in 2018, 2019 for prepaid customers, and in March 2020, which exposed personal and financial information.
Press Release
According to an internally sourced Facebook post, Rob LathERN, CHIEF OF ADVERTISING INTEGRITY who handled ads around sensitive subjects, left the company on Dec. 30 (KATIE PAUL/REUTERS).
Internal Facebook post indicates Rob Leathern, chief of advertising integrity who handled ad products around sensitive subjects, left the company on December 30 — (Reuters) – Facebook Inc’s chief of advertising integrity, who handled the company’s ad products around sensitive subjects …
Press Release
In Q4 2020, 62% of Apple TV+ subscribers were on free offers, only 30% of them planned to renew their subscription at the regular $4.99/month price (tod spangler/various variety).
MoffettNathanson survey: 62% of Apple TV+ subscribers were on free offers in Q4 2020, only 30% said they plan to renew at the regular $4.99/month price — Apple has said it wants to bulk up revenue from services — including Apple TV Plus, which is just over one year old.
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