Posted inApps/Games/Softwares, Tech News

7-Zip security vulnerability grants Administrator privilege to hackers

One of the oldest archiving applications, 7-Zip, has been discovered to have a zero-day security vulnerability, which allows command execution and privilege escalation. This means that attackers can get administrator access to the victim’s computer and install/run suspicious apps. Although 7-Zip is a cross-platform program, this security vulnerability is specific to Windows since it relies on 7-Zip’s interaction […]

Posted inGaming, Government

AMLC urges banks to monitor play-to-earn game transactions more diligently

Electronic money institutions and banks should scrutinize more closely transactions involving cryptocurrencies from play-to-earn video games, according to the Anti-Money Laundering Council (AMLC). In a Viber message shared by BusinessWorld, AMLC Executive Director Mel Georgie B. Racela said that these firms should “conduct customer due diligence,” and file suspicious transaction reports should they suspect any […]