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Missed out on Ring and Nest? Donโt let RYSE slip away!
Ring ไธ Acquired by Amazon for $1.2B
Nest ไธ Acquired by Google for $3.2B
If you missed out on these spectacular early investments in the Smart Home space, hereโs your chance to grab hold of the next one.
RYSE is a tech firm poised to dominate the Smart Shades market (growing at an astonishing 55% annually), and their public offering of shares priced at just $1.50 has opened.
They have generated over 20X growth in share price for early shareholders, with significant upside remaining as they just launched in over 100 Best Buy stores.
Retail distribution was the main driver behind the acquisitions of both Ring and Nest, and their exclusive deal with Best Buy puts them in pole position to dominate this burgeoning industry.
This is a special edition. This newsletter boils down to what I am offering you today.
1. Investment opportunity into - Ryse. Click here.
2. Section introducing pre-seed startups in India. Happy to introduce you to founders. Just reply to this email!
But that's not all! We've got a must-read piece Fintech Revolution and a case study. ๐ฐ
And stay tuned till the endโฆ weโve got a little surprise that will make your financial journey even smoother. Trust us, you won't want to miss it. ๐ซข
Ready to uncover all the goodies? Letโs dive in! ๐
FinTech (short for Financial Technology) is all about using new tech to make financial services better, faster, and more accessible.
If this is you, read along to know more!
How exactly does FinTech boost financial inclusion?
Affordable Access: Lowers costs and reaches underserved areas with mobile technology. ๐ฑ
Inclusive Services: Offers services to marginalized groups and remote populations. ๐ซ
Innovative Solutions: Provides digital payments, alternative credit scoring, and microfinance. ๐ณ๏ธ
Support for Businesses: Assists SMEs with financing, digital tools, and risk management. ๐ฉ
Secure Transactions: Enhances transparency, security, and trust in financial services. ๐๏ธ
Digital Wallets: Turning smartphones into mobile bank accounts. ๐
Microfinance Solutions: Providing small loans to those without access to traditional banks. ๐ฆ
Agent Networks: Using local representatives to offer financial services. ๐ช
Biometric Verification: Making account setup easy with fingerprint and iris scans.โ๏ธ
Case Study: Zomato Cyber Security Threat ๐ฅ๏ธ๐ฅท
Background ๐ฅ
Zomato is a popular food delivery and restaurant discovery platform operating in multiple countries. In May 2017, the company faced a significant cyber security threat when data of millions of its users was compromised. ๐ถ
Incident Overview ๐
Hackers gained unauthorized access to Zomato's systems and stole data from approximately 17 million users, including email addresses and hashed passwords. ๐๏ธ
The hackers then listed the stolen data for sale on the dark web, posing a serious threat to user privacy and security. ๐ก๏ธ
Response and Mitigation โ๏ธ
Upon discovering the breach, Zomato promptly launched an investigation to assess the extent of the damage and identify the vulnerabilities exploited by the attackers. ๐ต๏ธ
The company also notified affected users about the breach and urged them to change their passwords as a precautionary measure. ๐
Additionally, Zomato strengthened its security measures and implemented stricter access controls to prevent future breaches. ๐
Impact ๐
Significantly damaged Zomato's reputation and eroded user trust. ๐ข
Swiftly mitigated the damage ๐จ
Enhanced its security posture. ๐ง
Highlighted cybersecurity importance in protecting data๐
Lessons Learnedโ
Highlights the evolving nature of cyber threats. ๐ฒ
Constant vigilance is crucial in protecting user data. ๐ฎ
Implementing robust security protocols and conducting regular security audits are essential. โ๏ธ
Educating employees and users about cybersecurity best practices is imperative. ๐งโ๐ซ
๐ฅ Ladies and gentlemen, prepare for the moment you've all been waiting for! It's time for the grand unveiling of our most anticipated segment:
Finance Investor Remi! ๐
Get ready to dive into financial wisdom and investment insights with Remi Wise. ๐
It has been a pleasure learning with you! I will see you again next week. Until then,
Stay motivated! Stay strong! Cheers!
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