P2PInfect malware variant targets IoT devices

Cybersecurity researchers from Cado Security Labs have uncovered a novel variant of the P2PInfect botnet that poses a heightened risk by targeting IoT devices. The latest P2PInfect variant – compiled for Microprocessor without Interlocked Pipelined Stages (MIPS) architecture – signifies an expansion of the malware’s capabilities, potentially paving the way for widespread infections. Security researcher…

How IoT is Revolutionizing Elderly Care

In the quiet of his home, a son contemplates the well-being of his 84-year-old mother who lives alone. The worry is a constant companion, a shadow that grows longer with each passing year. Traditional methods of monitoring, like bracelets or lanyards with emergency buttons, are often rejected by the elderly—they are seen as symbols of…

Egypt’s Mtor nabs $2.8M pre-seed for its online auto parts marketplace

Egyptian online auto parts marketplace Mtor has raised $2.8 million in pre-seed investment led by MENA-focused venture capital firm Algebra Ventures. Other investors that participated in the round include Dutch Founders Fund (DFF), Aditum Ventures, LoftyInc Capital and other local and global angel investors, the startup said in a statement. Mtor’s founder and CEO, Mohamed…