Search results for Helpdesk
AI & Enterprise
Security industry M&A accelerates amid AI spread as Palo Alto, Proofpoint step up acquisitions
Security industry consolidation is accelerating as the market reshapes around AI, with companies pursuing mergers and acquisitions. The Wall Street Journal reported that Proofpoint, owned by private equity firm Thoma Bravo, is in late-stage talks to buy cybersecurity firm Varonis Systems. Separately, Palo Alto Networks bought AI agent startup Console for $500 million in cash and stock and plans to integrate the technology into its Cortex security platform.
AI & Enterprise
South Korea privacy watchdog fines Christie\'s 280 million won
South Korea\'s Personal Information Protection Commission held a full committee meeting on Tuesday and imposed a 280 million won penalty and a 7.2 million won fine on British auction house Christie\'s for violating privacy laws. It also ordered the company to disclose the sanction. The watchdog said a helpdesk employee was deceived by a voice-phishing hacker, leading to a leak of data on 620 South Korean members.
Finance
Stablecoin integration accelerates with credit card networks; internet banks target remittances
Efforts to link stablecoins with established card networks are picking up pace, with Visa’s annualised stablecoin settlement volume at $4.5 billion and growing monthly. Korean internet banks are active around overseas remittances. Analysts expect the four biggest financial holding groups to post a combined 18.33 trillion won in annual net profit, up 12 percent. Financial firms also announced AI transformation programmes, fintech partnerships, listings and governance reforms, alongside legal changes for tokenised securities.