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Jan 27 (Reuters) - Apple Inc (AAPL.O) is planning a new service that will allow small businesses to accept payments directly on their iPhones without connecting any extra hardware such as Block Inc's (SQ.N) Square terminals, Bloomberg News reported on Wednesday. The new feature turns the iPhone itself into a payment terminal and will let merchants accept fees with the tap of a credit card or another iPhone onto the back of their device, Bloomberg reported, citing people with knowledge of the matter. Shares of Block fell 3.6% to $106.98 in early trading on Thursday. Apple has been working on the new feature since 2020 when it paid about $100 million for Canadian startup Mobeewave, which enables smartphones to accept payments with the tap of a credit card, Bloomberg reported. The system will likely use the iPhone's near field communications chip that is currently used for Apple Pay, according to the report. "This effectively allows Apple to bypass rolling out new hardware because a significant amount of customers already carry it (iPhones) in their pocket," Edward Jones analyst Logan Purk said. Purk, however, added that unless Apple can offer a cheaper product and an easier platform, some business owners may be reluctant to switch. Square currently charges $299 for its device and a fee of 2.6% plus 10 cents for every transaction. If the iPhone maker keeps its new service exclusive to its apps or payments system, it would bypass Square's services that are used widely by small businesses. It could also affect other point-of-sale machine makers such as Verifone and Ingenico. Apple declined to comment on the report. The company has been beefing up its fintech services. It launched its own credit card with Goldman Sachs (GS.N) in 2019 and is reportedly working on a "buy, pay later" service.

Combining the broadest attack coverage and highest accuracy in the industry, DPP by Virsec protects server workloads across the entire runtime stack, eliminating false positives, when deployed on bare metal, virtual machines (VMs), containers, or in the cloud. DPP by Virsec is the next evolution of the company's flagship and award-winning Virsec Security Platform (VSP), which was the first solution that could truly eradicate threats to the software workload at runtime in real-time. DPP by Virsec makes security response obsolete by improving the protection that conventional, probabilistic solutions simply cannot: Full application stack protection at runtime, automatically protecting vulnerable workloads covering all facets including applications, files, processes, and memory space that are typically targeted by attackers. Only trusted execution is allowed, ensuring zero adversary dwell time and stopping an attacker's malicious actions within milliseconds against both known and unknown threats—specifically protecting against ransomware, remote code execution, supply chain poisoning, and memory-based attacks. Uniquely detects advanced attacks at the web, host, and memory levels that bypass Extended/Endpoint Detection and Response (X/EDR), Web Application Firewall (WAF), Intrusion Detection and Prevention System (IDPS), Endpoint Protection Platforms (EPP), and Antivirus (AV) solutions. It can reduce, or entirely negate, the need for patching. With its read-only approach to mapping the software workload, DPP by Virsec does not harm applications while providing true protection. This unique approach also allows for fast deployment, performance maintenance, and automation at scale. “Security practitioners are exhausted at the failed promise of 'protection' when many vendors merely offer alerts after an attack on their applications. As we've seen with Log4j, PrintNightmare, and other recent attacks, this approach is not working,” said Dave Furneaux, Cofounder and CEO of Virsec. “When we founded Virsec, we took a 'first principles' approach to protect software, regardless of the attacker's preferred exploit or attack method. Now, the name of our platform says it all–we can determine what your software is supposed to do and immediately stop any attack.” Attacks continue to increase exponentially. In 2020, the FBI saw more than 2,000 ransomware incidents, and more than a 200% jump in ransom demands in 2021. Software vulnerabilities continue to plague legacy and modern systems and the commonality among these events is that they target – and in many cases hide within – software at its fundamental levels on hosts and in memory. In fact, on its 20th Anniversary, OWASP updated its top 10 most critical risks to applications and added a new category, Software and Data Integrity Failures. Attackers are constantly changing their techniques. EDR and other traditional tools don't protect against the "attack-of-the-week." A new approach is needed. DPP by Virsec secures the full-application stack – web, host, and memory – at runtime, regardless of application type or environment. This deterministic approach to security ensures precision protection for legacy unpatched workloads, consolidated VMs and containers, and provides runtime web application protection and application control. The platform’s coverage for all of these use cases helps organizations achieve better protection, reduce the cost of operations, and ensures continual compliance, aiding their overall business outcomes. Today, Virsec has public sector and commercial customers around the world, including the healthcare, financial services, retail, energy, and insurance sectors. “The world has been far too patient with security vendors who claim to protect against the unyielding ransomware and remote code execution attacks crippling our businesses. Traditional approaches simply do not work. Any CISO or CIO needs to be able to walk into the CEO's office or the boardroom and confidently say that they can not only protect against these attacks but can stop them, within milliseconds, before they do any damage. Virsec is the only company that can give these tech leaders the confidence to say 'Yes!'" — John Chambers, Former Chairman & CEO, Cisco, and CEO, JC2 Ventures “Deterministic protection is a game-changing paradigm to reliably protect the software workloads from known and unknown security threats, in contrast to probabilistic methods, security alerts and post-damage delayed response systems. Virsec's pioneering innovation in DPP can be the next standard-of-care for an organization's critical software workloads." — Rehan Jalil, CEO, Securiti and Board Member at Virsec. “A rule of thumb when it comes to defending your organization from advanced threats is that trust is simple, and deception is complex, and Virsec has built a platform that understands this. They have applied what advanced reverse engineers do with malware analysis, but in real-time, to understand

Smart assistants, such as Amazon’s Alexa or Google Assistant, may one day be able to spot oncoming colds and chronic health conditions before they appear, according to a new report on the future of consumer technology. These gadgets will be able to monitor a user’s health by noticing differences in their breathing, voice and heart rate. The report, carried out by Vodafone, also predicted that in 2030 we will be wearing devices which allow us to control gadgets with our minds. “These will detect the brain signals made when people say words in their head and give commands without people having to speak,” explained The Times. Fight Club given new ending in China The movie Fight Club has been given a new ending in China. At the end of David Fincher’s cult film from 1999, Edward Norton’s character kills off his imaginary alter ego and then watches as multiple buildings explode. But in China, the exploding building scene is replaced by a black screen and a closing message which reads: “The police rapidly figured out the whole plan and arrested all criminals, successfully preventing the bomb from exploding.” Melania Trump’s auction falls flat Three items put up for auction by former first lady Melania Trump failed to reach the desired monetary threshold of $250,000 for an opening bid. When the auction for the items – a custom, wide-brimmed white hat worn by Trump during an official White House state visit, a watercolour of Trump wearing the hat and a non-fungible token of the illustration – ended, only five bids appeared to have been placed.

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