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20th February 2025, Kuala Lumpur – eConfirm, the industry-leading electronic bank confirmation platform, is pleased to announce the signing of a Collaboration Agreement with the Chamber of Auditors of Uzbekistan (CAU) and Infinite Finance & Advisory, LLC. This agreement marks a significant milestone in the digitalisation of audit confirmation processes in Uzbekistan, reinforcing eConfirm’s commitment […]

IT News

27th January 2025, Kuala Lumpur – eConfirm, the leading industry-wide electronic bank confirmation platform, is thrilled to announce the signing of a Memorandum of Understanding (MOU) with the Institute of Chartered Accountants of Pakistan (ICAP). This collaboration marks a significant milestone in eConfirm’s commitment to revolutionising the audit confirmation process across multiple regions and underscores […]

Exciting News from AppAsia! We are thrilled to announce that AppAsia has signed a MOU with PICPA-Philippine Institute of Certified Public Accountants for the implementation of an electronic bank confirmation platform for the Philippines – eConfirm.ph! In attendance during the MOU’s signing were PICAS president Mr Roland Pondoc, President of the Capital Markets Integrity Corporation, […]

Embracing eConfirm.my: The Experience Thus Far Early adopters recommend that their peer audit firms adopt this electronic bank confirmation platform, as the pros outweigh the cons. In June 2020, the Malaysian Institute of Accountants (MIA) officially launched the industry-wide Electronic Bank Confirmation (EBC) Platform (eConfirm.my) together with platform developer and service provider, Extol Corporation Sdn […]

The Malaysian Institute of Accountants (MIA) announced today that eConfirm.my, the first Industry-wide Electronic Bank Confirmation Platform in Malaysia, is scheduled to go live on a staggered basis throughout the month of May 2020, beginning on 5 May 2020. eConfirm.my will help audit firms to eliminate the need for paper-based confirmations, expedite bank confirmations and […]

The security firm Intezer reported it had successfully shut down 15 active ransomware campaigns using the eCh0raix or QNAPCrypt variant with denial of service attacks. NAS servers normally store large amounts of important data and files, which make them a valuable target for attackers and especially a viable target for ransomware campaigns. In a rare […]

In a rare occurrence, the American National Security Agency (NSA) has published a statement urging people to update their older Windows systems to protect against the BlueKeep vulnerability. The NSA referenced “growing threats” and noted that BlueKeep “is the type of vulnerability that malicious cyber actors frequently exploit through the use of software code that […]

Under very specific conditions, code running in a Docker container could access files anywhere on a server, according to a new CVE. In an unusual progression of events, the vulnerability and exploits have been disclosed before patches are available. The vulnerability, designated CVE-2018-15664, was discovered by researcher Aleka Sarai. A flaw in the Docker “cp” command, which […]

The NamPoHyu ransomware is doing things differently by searching for accessible Samba servers, brute forcing the passwords, and then remotely encrypting their files and creating ransom notes. A ransomware family was recently spotted targeting vulnerable Samba servers: NamPoHyu Virus aka MegaLocker Virus. NamPoHyu Virus is unlike typical ransomware families that are delivered locally and launched as executables. Instead, […]

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