In 2023, Macau’s banks saw profits drop to MOP 6.14 billion (EUR 701.3 million), a 53.5% decrease from the previous year. The Monetary Authority of Macau (AMCM) cites the tough last quarter as the primary cause. Banks lost MOP 4.09 billion (EUR 467.6 million) during this period. Initially, the banks had a promising year, with […]
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Insurance data breach exposes sensitive info of 1.6 million people
If there’s one thing I’ve learned from covering data breaches over the years, it’s that you should never take a company’s initial numbers at face value. When a breach becomes public, most companies try to minimize the damage by reporting fewer victims or staying vague about what kind of data was exposed. Sometimes, to be […]
