Regulators close First Republic Bank, JPMorgan named as the buyer of $330B assets and deposits, FDIC on the hook for $13B

First Republic Bank (FRB), on the brink of collapse in the weeks after the Silicon Valley Bank crisis, has finally fallen over, but with a relatively quick resolution into its next chapter: today the Federal Deposit Insurance Corporation (FDIC) announced that it was being closed by the the California Department of Financial Protection and Innovation,…

Vietnamese Threat Actor Infects 500,000 Devices Using ‘Malverposting’ Tactics

May 01, 2023Ravie LakshmananMalverposting / Scam A Vietnamese threat actor has been attributed as behind a “malverposting” campaign on social media platforms to infect over 500,000 devices worldwide over the past three months to deliver variants of information stealers such as S1deload Stealer and SYS01stealer. Malverposting refers to the use of promoted social media posts…