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Virgo Group Welcomes Tech Veteran Peyman Parsi as Chief Technology Advisor

Virgo Group Welcomes Tech Veteran Peyman Parsi as Chief Technology Advisor

Seasoned executive brings more than 30 years of financial services experience across innovation, technology, and engineering with him to elevate Virgo Group's future platforms and products

Virgo Group Welcomes Tech Veteran Peyman Parsi as Chief Technology Advisor
Virgo Group & Tech Veteran Peyman Parsi

Virgo Group Welcomes Tech Veteran Peyman Parsi as Chief Technology Advisor

TORONTO - September 1, 2022 - (Newswire.com)

Virgo Group of Companies, the holding body of VirgoCX Inc., the FINTRAC-registered cryptocurrency trading platform founded in 2018 with a Restricted Dealer license from CSA, offers easy, safe and affordable access for all Canadians to buy or sell 60+ listed cryptocurrencies. Available both on desktop and mobile, it provides instant access for new and experienced traders to trade immediately after a detailed verification process upon registration. With the support from shareholders and partners, Virgo Group is now focused on accelerating its expansion plans to other international markets while actively strengthening its infrastructure for further growth. The group is committed to dedicate resources to offer the best services for its users and to remain competitive within the market by implementing innovations which optimize the user experience on the various platforms.

With that in mind, Virgo Group announced today that Peyman Parsi, the renowned technology and innovation leader and previous TMX Group's technology executive veteran, will be joining Virgo Group as a Chief Technology Advisor, effective Sept. 1, 2022. 

Virgo Group of Companies' CEO Adam Cai said, "With Peyman's extensive experience working for the world-leading stock exchange TSX, we look forward to his expertise and expert advice in guiding us to accelerate the growth with a stronger tech foundation and trading infrastructure."

Parsi brings to Virgo Group a sounding reputation from his 18+ years at TMX Group where he acted as Chief Technology Delivery Officer. He was instrumental in leading the capital markets technological and innovation development at Toronto Stock Exchange and Montreal Exchange. He was credited for leading TMX's innovation in low-latency and highly available trading technologies, emerging digital technologies development, software engineering, modern cloud solutions, enterprise data analytics, application architecture, large-scale project management, technology strategy, and mission-critical trading operations. 

Parsi is the CTO of Blanc Labs, one of the leaders in Financial Services Technology, and currently sitting on the Board of Directors for CIO Association of Canada, one of the top Canadian professional associations for IT executives.

About Virgo Group

Founded in 2021, Virgo Group of Companies is dedicated to provide commission-free crypto trading services globally. It covers multiple business lines, including retail fiat to crypto trading, crypto wealth management, NFT liquidity management, and more. With continuous innovation in mind, Virgo Group is prepared to become an integrated global digital asset service provider.

Media Contact:
Nora Anwar
Marketing Manager | VirgoCX Inc.
Tel: +1 647-217-7219
Email: [email protected]




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Original Source: Virgo Group Welcomes Tech Veteran Peyman Parsi as Chief Technology Advisor
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Mimecast: How to Protect One’s Crypto From Phishing

Mimecast: How to Protect One’s Crypto From Phishing

NEW YORK - August 31, 2022 - (Newswire.com)

Cybercriminals have targeted the cryptocurrency community since bitcoin's inception, and many crypto owners are falling prey to schemes like phishing

What is phishing? 

Phishing is a digital crime where cybercriminals aim to steal a user's private information. Scammers deploy their attack by disguising themselves as trusted organizations or entities to trick a user into mindlessly handing over details like their Social Security number, credit card information, bank credentials, and in this case, crypto wallet details. 

Use Multi-factor authentication 

There is no surefire way to keep cybercriminals from attempting to breach an organization's system. However, it is possible to make it harder for attackers to succeed in obtaining sensitive information. Multi-factor authentication (MFA) is an easy passive approach for users to secure their crypto wallets. 

MFA adds an extra layer of protection on top of passwords for both an organization and an employee. So, a password will not be enough even if a user falls victim to a phishing scam. 

Avoid fraudulent emails 

Remember, if something looks too good, it probably is. Over 270,000 Ledger wallet users had their emails extracted in 2020. Phishing attacks, like the breach against Ledger users, promise free wallets that are secretly compromised. 

Messages that are urgent or prompt a speedy response may also be phishing scams. Other phishing messages may state that if a user does not act now, their account with whatever legitimate organization the attackers are impersonating will be suspended. 

Most reliable companies will offer ample time for customers to get their affairs in order. However, it is best to ignore such messages as this is a favorite method for cybercriminals. When in doubt, contact the source directly to clarify the matter instead of interacting with the potentially fraudulent message. 

Also, users should scrutinize emails with a sharp eye — especially ones with such grand requests and promises. Keeping an eye on the email's domain and checking for spelling mistakes could be the telltale signs a user needs to identify the phishing scam. 

Keep the private keys secure 

Users must keep their private keys, the line of letters and numbers used to access their cryptocurrency that resembles a password, private. 

A user's private key is something that they should never disclose. 

Use an email filter 

To protect against spam messages, users and organizations can use a spam filter that can effectively assess the message's origin and the software used to send the message. In addition, a spam filter may determine whether a message is spam or not based on its appearance. 

Email filters are the first line of defense against phishing scams of all sorts and will actively scan any emails going through a user's server for spam, malware, and malicious attachments and links. 

Prepare! Prepare! Prepare! 

The success of phishing attacks hangs on the preparedness and education of the target. Security awareness training on how phishing scams work can go a long way in keeping a company's and a user's crypto safe. 

Contact: [email protected]




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Original Source: Mimecast: How to Protect One's Crypto From Phishing Mimecast: How to Protect One’s Crypto From Phishing
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