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General News

HP Unveils Latest Innovations Designed for Hybrid Work and Life

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HP Inc hosted its first-ever HP Imagine event, a celebration of the company’s latest breakthrough innovations designed for the hybrid world. At HP Imagine 2023, the company unveiled more than 20 new devices and services designed to revolutionize how we live, work and dream.

“HP technology in playing an increasingly important role in the lives of our customers, and we continue to harness the power of our innovation to create amazing new experiences,” said Enrique Lores, President and Chief Executive Officer, HP Inc.

“The products and services we are launching today reflect new ways to reimagine the way work gets done while contributing to a more sustainable future.”

Alex Cho, President of Personal Systems and Solutions, said, “Today was a bold step in the acceleration of innovation across the Personal Systems portfolio. We announced game-changing consumer PCs like the HP Envy All-in-One Move, to curated meeting room solutions powered by HP and Poly technology, to centralized data science workstation and software solutions to enable the expedited development of AI breakthroughs. We are just getting started on what HP will build for the hybrid lifestyle.”

  • HP AI Innovations: HP announced a groundbreaking new software platform, HP AI Studio, designed to help data scientists and AI practitioners accelerate and scale AI model development, available next year.

Second, HP introduced a new AI workstation solution that simplifies building and customizing private AI models and applications. HP is also collaborating with NVIDIA to be the first to offer dedicated workstation solutions with the NVIDIA AI Enterprise software platform to the market in the coming months.

  • HP Spectre Foldable PC: Known as the world’s thinnest and smallest 17-inch foldable PC, the HP Spectre Fold is a game-changing 3-in-1 device designed for the hybrid lifestyle. Initially announced in September for the U.S. and U.K. markets, the device will soon be available in an additional 11 countries (Australia, France, Indonesia, Japan, Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, and Vietnam).
  • HP Envy Move 23.8-inch All-in-One PC: Never miss a moment of work and play anywhere in and around your home with the world’s only moveable all-in-one PC. Launched today, the new HP Envy Move 23.8-inch All-in-One PC transforms any room into a multifunctional workspace, entertainment hub, or fitness area.
  • HyperX Streaming Peripherals: HP is extending its solutions for gamers who also stream and create content. Gamers can take their streaming and content creation game to the next level with the HyperX Vision S Webcam, HyperX Audio Mixer Audio Interface, and HyperX Caster Microphone Arm, announced today.
  • HP + Poly Audio and Video Conferencing Solutions: HP is the leader in conferencing and collaboration systems with the broadest portfolio for hybrid work across HP and Poly. Today it announced curated meeting room solutions for rooms of all sizes, enabling everyone to be seen and heard at their best from wherever they are.

Dave Shull, President of Workforce Solutions said, “The AI-enabled services we are unveiling at HP Imagine allow people to better collaborate, manage and protect their devices. Our vision is to build the world’s most comprehensive collection of employee productivity solutions to create lifelong relationships with our customers, and as we approach the first-year mark, we are well on our way.”

  • HP Managed Collaboration Services: HP unveiled a new conference room as-a-service subscription model that extracts insights to help customers optimize usage and create outstanding in-office video conferencing experiences.
  • New Device Refurbishment Offering: HP today announced its first-ever PC refurbishment program to help drive the circular economy and extend the life of devices. HP Workforce Central: HP announced upcoming availability of free and premium versions of HP Workforce Central, which allows you to gain essential insights on HP gear in one single dashboard. Customers can anticipate disruptions and automatically remediate issues with our new AI-enhanced Proactive Insights tool.
  • HP Wolf Protect and Trace with HP Wolf Connect: Available globally this November, IT managers can rest assured that if their employees’ devices go missing, HP can help mitigate security risks of data loss.
  • HP’s Work Relationship Index shows that 70 percent of knowledge workers want access to technology that allows everyone to be seen and heard, wherever they are working.

Tuan Tran, President of Imaging and Printing Solutions said, “HP Imagine marks the culmination of an incredible year for innovation in our printing business – from our new consumer line up of Smart Tank printers and modern inkjet printers, to Instant Ink for SMBs, and a new office portfolio powered by our sustainable ink and toner technology. In graphics and commercial 3D printing, we are disrupting industries and taking design to a whole new level.”

  • HP OfficeJet Pro Portfolio: HP announced the new reimagined HP OfficeJet Pro portfolio, available in January 2024. The portfolio lets small businesses print like a pro, featuring HP EvoMore, the company’s most sustainable ink cartridge range to date.
  • HP DeskJet All-in-One Printer Series: Enjoy simple, stress-free printing at home with the HP DeskJet All-in-One Printer series made with up to 60 percent recycled plastic and available with Instant Ink, the world’s first smart ink delivery service. The DeskJet printer series is already available in select markets.
  • HP DesignJet Portfolio: Maximize workflow efficiencies and transform our world through design with the new HP DesignJet portfolio created for architects, engineers, construction pros, and copy shops.
  • HP SitePrint: Boost construction productivity up to 10 times those of manual techniques with pinpoint accuracy using HP SitePrint, a robotic solution for printing complex construction site layouts. Already available in North America and the UK, HP announced additional availability in Germany, Austria and Switzerland starting November 1.
  • Exhilarate-BlueLine Running Shoe: Disrupt performance running footwear with the HP and Brooks collaboration, the new Exhilarate-BL shoe is designed, engineered, and manufactured in partnership with Brooks, using HP’s 3D printing Solution.

Brooks will release a limited number of Exhilarate-BL pairs to select Brooks Wear Testers and Brooks Run Club loyalty members.

  • HP Latex 630 Series: Empower even the smallest print shops to harness the best white ink experience for creating high-impact signage and décor applications in vivid colors with the HP Latex 630 series.

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General News

Cybervergent Selected as World Economic Forum’s 2025 Technology Pioneer Company

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In affirmation of its global standing, Cybervergent, a Pan-African technology company that leverages artificial intelligence to transform how organisations manage risk, governance, privacy, and cybersecurity, has been selected as one of the World Economic Forum’s (WEF) Technology Pioneers for 2025—a global cohort spotlighting companies transforming industries through breakthrough technologies and responsible innovation.

The WEF, an international organisation committed to improving the state of the world through public-private collaboration, brings together global leaders to shape economic, technological, and societal agendas. Cybervergent now joins this global community.

The company is recognized for its innovative approach to building digital trust, reimagining how organisations manage cybersecurity, risk, privacy and governance.

Commenting on the company’s milestone, Adetokunbo Omotosho, CEO of Cybervergent, said, “I am honoured that Cybervergent has been named a Technology Pioneer by the World Economic Forum. This is more than an accolade — it’s a validation of our commitment to redefining cybersecurity, privacy, and risk management to build true digital trust.

“What makes this recognition even more meaningful is the fact that Cybervergent demonstrates innovation in AI and infrastructure can emerge from any region, challenging conventional perceptions.”

Some past recipients of the Technology Pioneer recognition, including Google, Spotify, and Airbnb have gone on to fundamentally reshape global industries.

As a member of the 2025 Technology Pioneers community, Cybervergent will be contributing to discussions shaping cybersecurity, AI, and cyber resilience across industries and the global digital economy.


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General News

Moove Plans to Raise $1.2Bn Debt Round for US Autonomous Vehicle Expansion

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Moove, an African mobility fintech startup, is on a quest to secure a $1.2 billion debt financing round to support the rollout of a fleet of autonomous vehicles.

This is in partnership with Alphabet Inc.’s Waymo in the United States, according to a Bloomberg report citing sources familiar with the matter.

The startup has since attracted backing, including from Uber Technologies Inc., and entered a strategic partnership with Waymo in December 2024 to provide financing for self-driving cars.

Ladi Delano, co-founder of Moove, noted that the company has a solid financial track record.

“Moove has built strong relationships with some of the world’s leading lenders. We have also fully repaid our first-ever debt facilities, which signals our maturity and marks a key milestone that demonstrates the strength of our platform as we enter the next phase of global autonomous-vehicle infrastructure deployment,” he said.

The round is reportedly oversubscribed, with strong participation from private credit firms and banks.

Waymo has also not made any official statement regarding the funding round. While final details are expected to be concluded in the coming weeks, the deal will mark a significant milestone for the firm as it ramps up its global ambitions.

Founded in 2020 by Nigerian entrepreneurs, Ladi Delano and Jide Odunsi, Moove began by providing vehicle financing for ride-hailing drivers in Africa’s largest cities.

 


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Firm Explores the Evolution of AI-powered Ransomware with Password-gated Capabilities

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Kaspersky experts have revealed the inner workings of FunkSec — a ransomware group that illustrates the future of mass cybercrime: AI-powered, multifunctional, highly adaptive and operating on volume with ransoms as low as $10,000 to maximise profits.

Kaspersky’s Global Research and Analysis Team (GReAT) constantly monitors the ransomware threat landscape, where attacks continue to rise. According to the company’s latest State of Ransomware report, the share of users affected by ransomware attacks worldwide increased to 0.44% from 2023 to 2024, up by 0.02 percentage points.

While this percentage may appear modest compared to other cyber threats, it reflects the fact that attackers typically prioritise high-value targets rather than mass distribution, making each incident potentially devastating. Within this evolving landscape, FunkSec has emerged as a particularly concerning threat.

Active for less than a year since its emergence in late 2024, FunkSec has quickly surpassed many established actors by targeting government, technology, finance and education sectors. What sets FunkSec apart is its sophisticated technical architecture and AI-assisted development.

The group packages full-scale encryption and aggressive data exfiltration into a single Rust-based executable, capable of disabling over 50 processes on victim machines and equipped with self-cleanup features to evade defenses.

Beyond its core ransomware functionality, FunkSec has expanded its toolkit to include a password generator and a basic DDoS tool — both showing clear signs of code synthesis using large language models (LLMs).

FunkSec’s approach reflects the evolving landscape of mass cybercrime, combining advanced tools and tactics. Kaspersky’s GReAT experts highlight the key features that define their operations:

Password-Controlled functionality

GReAT experts discovered that FunkSec ransomware features a unique password-based mechanism that controls its operation modes. Without a password, the malware performs basic file encryption, while providing a password activates a more aggressive data exfiltration process in addition to encryption to steal sensitive data.

FunkSec packs full-scale encryption, local exfiltration and self-cleanup into a single Rust binary—without a side-loader or a companion script. That level of consolidation is uncommon and gives affiliates a plug-and-play tool they can deploy almost anywhere.

Use of AI in development

Code analysis shows that FunkSec is actively using generative artificial intelligence to create its tools. Many parts of the code seem to be automatically generated rather than manually written. Signs of this generic placeholder comments (such as “placeholder for actual check”) and technical inconsistencies, like commands for different operating systems that don’t align properly. Additionally, the presence of declared but unused functions—such as modules included upfront but never utilised — reflects how large language models combine multiple code snippets without pruning redundant elements.

“More and more, we see cybercriminals leveraging AI to develop malicious tools. Generative AI lowers barriers and accelerates malware creation, enabling cybercriminals to adapt their tactics faster.

By reducing the entry threshold, AI allows even less experienced attackers to quickly develop sophisticated malware at scale,” comments Marc Rivero, Lead Security Researcher at Kaspersky’s GReAT.

High-volume, low-ransom strategy

FunkSec demands unusually low ransom payments, sometimes as little as $10,000, and pairs this with the sale of stolen data at discounted prices to third parties. This strategy appears designed to enable a high volume of attacks, helping the group quickly establish its reputation within the cybercriminal underground. Unlike traditional ransomware groups that seek million-dollar ransoms, FunkSec employs a high-frequency, low-cost model — further underscoring its use of AI to streamline and scale operations.

Expands beyond ransomware

FunkSec has expanded its capabilities beyond the ransomware binary. Its dark leak site (DLS) hosts additional tools, including a Python-based password generator designed to support brute-force and password-spraying attacks, as well as a basic DDoS tool.

Advanced evasion

FunkSec employs advanced evasion techniques to avoid detection and complicate forensic analysis. The ransomware is capable of stopping over 50 processes and services to ensure thorough encryption of targeted files. Additionally, it includes a fallback mechanism to execute certain commands even if the user launching FunkSec lacks sufficient privileges.

 


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