IBM X-Force
Society

Hackers seeking weak spots in Lithuania’s strategic systems

Lithuanian officials say that hackers constantly search for seek spots in systems of strategic importance, therefore, executives of companies and institutions should pay more attention to cyber security, top executives of relevant institutions told BNS in comment of a Reuters report about hacker attempts to penetrate with Baltic electricity networks. […]

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Economy

Israel’s Simplex Payment Services to develop payment platform in Lithuania

Simplex, an Israeli financial technology (fintech) and cybersecurity start-up, has chosen Lithuania ahead of the likes of Luxembourg, Cyprus and the UK as the location for its new global supervision and sales team. The company plans to employ around 20 experts in sales, support, Fraud analysis, marketing, information technologies, data analytics, quality supervision and finance in the coming couple of years, Invest Lithuania announced in a press release. […]