Pivo powers up Nigerian freight carriers with a bespoke digital bank, gets $2M seed funding • TechCrunch

Most small and medium enterprises (SMEs) in supply chains across different sectors in Africa execute orders in days but receive invoices after several weeks and sometimes months. It’s such an inefficient way of doing business that ultimately leads to cash-flow problems — and on top of that are fragmented payment collection and tracking processes. Recently,…

34 Russian Cybercrime Groups Stole Over 50 Million Passwords with Stealer Malware

As many as 34 Russian-speaking gangs distributing information-stealing malware under the stealer-as-a-service model stole no fewer than 50 million passwords in the first seven months of 2022. “The underground market value of stolen logs and compromised card details is estimated around $5.8 million,” Singapore-headquartered Group-IB said in a report shared with The Hacker News. Aside…