With the festive season around the corner, now is the perfect time to begin planning for the holiday. Many of us have spent the last two years celebrating festivities in the middle of a pandemic.
With a growing number of Malaysians turning to the benefits of online payment platforms, in lieu of gift giving, it’s important to know what to look for before making your transaction. Below are four tips to make the most out of sending money online safely and securely.
2 December 2021
In 2022, we will observe state-sponsored groups targeting the cryptocurrency industry, while cybercriminals will take advantage of investors by fabricating rogue wallet with backdoors included. On top of that, we are likely to witness the growth of attacks against payment systems and more advanced mobile threats. These are the key predictions from Kaspersky’s ‘Cyberthreats to Financial Organizations in 2022’ report.
2021 was a year of challenge and novelty and there always are those who adapt and manage change to their advantage quickly – cybercriminals. Since most of them are motivated by money, financial threats have always been one of the most significant parts of the threat landscape. Pondering on the significant events and trends that shaped the financial threats’ sector in 2021, Kaspersky researchers have forecasted several important tendencies expected to occur in 2022. Here are their key predictions:
Wellington — 2 December, 2021 — Xero, the global small business platform, today announced a significant milestone in its AI strategy with the roll-out of new bank reconciliation predictions. The predictions feature brings a new application of AI into the Xero platform, reducing manual data entry and saving businesses time.
The new feature uses machine learning to predict the contact and account code for transactions that cannot be matched to invoices or bills using an organisation's bank rules, Xero’s matching logic, or memorisations. Previously, businesses had to manually enter new contacts or account codes to reconcile these transactions — a time-consuming process that risks manual error.
