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Crypto

Binance runs monthly simulated phishing tests for staff to block hacking

Binance runs an internal security programme that conducts monthly simulated phishing attacks on employees and can dismiss staff who repeatedly fail. Cointelegraph reported that Binance Chief Security Officer Jimmy Su said the results are reflected in employee performance evaluations. The drills are handled by Binance’s internal ethical hacking red team, which probes systems for weaknesses and designs fake attack scenarios. Staff who fail receive remedial training.

Telecommunications & Media

Samsung Electronics launches Galaxy Z \'youth subscription\', guarantees up to 50 percent residual value after 2 years

Samsung Electronics will introduce a “Flip Youth Subscription” benefit aimed at easing the purchase burden for teens and people in their 20s buying the Galaxy Z8 Flip, guaranteeing up to 50 percent of the reference price after 2 years of use. The company said it will run an upgraded “New Galaxy AI Subscription Club” ahead of pre-orders for the Galaxy Z8 series, offering residual value guarantees, Samsung Care+ and accessory discounts, as well as cyber financial crime compensation.

Finance

KB Financial Group creates 1.66 trillion won in social value in first half

KB Financial Group said it measured 1.66 trillion won in social value created in the first half of this year, including 834.0 billion won in the second quarter. It said the figure reflects the monetised positive impact of its ESG activities on customers, shareholders and investors, and local communities. The group cited inclusive finance, support for fraud victims, youth savings and jobs programmes, SME safety and transition support, and community education and cultural projects.