Security designed to defend against hacks makes some printers inoperable.
The system stops the use of third party ink cartridges.
But the hack doesn’t seem to exist.
In a startling revelation, HP CEO Enrique Lores unveils a dark secret
within ink cartridges—hackers can infiltrate them with viruses.
According to tech site Ars
Technica, HP’s discovery serves as the impetus behind the company’s
implementation of the Dynamic Security system (DSS), a move that's now at the
center of a legal firestorm. According to Lores, “We have seen that you can
embed viruses in the cartridges. Through the cartridge, [the virus can] go to
the print, [and then] from the printer, go to the network.”
The Dynamic Security System
The DSS, designed to ensure HP printers only function with specific
cartridges, is facing a lawsuit accusing the company of withholding critical
information from customers.
As HP grapples with lawsuits challenging the ramifications of its
Dynamic Security system, customers are alleging a lack of transparency
regarding firmware updates. These updates, intended to block non-HP cartridges
from working in their printers, resulted in printers becoming inoperative,
prompting legal action. The lawsuit seeks an injunction against HP, preventing
them from deploying updates that render printers incompatible with third-party
cartridges.
Securing Printers and Subscription Revenues
Enrique Lores, President and CEO, HP (LinkedIn).
Lores claimed that cartridges can serve as gateways for viruses, posing
threats to both prints and networks while addressing the controversy. This
startling discovery underscores a strategic push towards fortifying its
subscription model. HP, seemingly leveraging potential cartridge vulnerabilities, appears to be trying to sway consumers towards committing to HP ink. Any such tactic would align with the
company's broader strategy of recouping profits through recurring revenues via
programs like Instant Ink.
The Fly in the Ointment
But there’s a problem. While cyber crime is on the up, there doesn’t seem to be a threat from your printer. A 2022
piece by Actionable Intelligence spilled the beans on a potential weakness
in the system. A researcher, no doubt part of the secret society of printer
hackers, unearthed a nifty trick to infiltrate a printer using a rebel
third-party ink cartridge. However, the plot thickens—when attempting the same
escapade with an HP cartridge, our rogue genius hit a snag. It didn’t work.
Behold, the birth of HP's defensive maneuvers! The tech maestros at HP,
stirred by the prospect of a cartridge coup d'état, decided it was high time to
thwart any potential ink-soaked shenanigans. The catch? As they cloak their
printers in a shield of protection, HP concedes there's no concrete evidence of
this ink-centric heist happening in the wild. It's like guarding the gates against
an invisible horde—only in the whimsical world of printer espionage. In terms of fearmongering, Lores could only have been more on point if he'd thrown in terms like Artificial Intelligence (AI), deepfake, or identity theft.
Well! Thanks be to HP for keeping us and allowing us to use their
cartridges.
In a startling revelation, HP CEO Enrique Lores unveils a dark secret
within ink cartridges—hackers can infiltrate them with viruses.
According to tech site Ars
Technica, HP’s discovery serves as the impetus behind the company’s
implementation of the Dynamic Security system (DSS), a move that's now at the
center of a legal firestorm. According to Lores, “We have seen that you can
embed viruses in the cartridges. Through the cartridge, [the virus can] go to
the print, [and then] from the printer, go to the network.”
The Dynamic Security System
The DSS, designed to ensure HP printers only function with specific
cartridges, is facing a lawsuit accusing the company of withholding critical
information from customers.
As HP grapples with lawsuits challenging the ramifications of its
Dynamic Security system, customers are alleging a lack of transparency
regarding firmware updates. These updates, intended to block non-HP cartridges
from working in their printers, resulted in printers becoming inoperative,
prompting legal action. The lawsuit seeks an injunction against HP, preventing
them from deploying updates that render printers incompatible with third-party
cartridges.
Securing Printers and Subscription Revenues
Enrique Lores, President and CEO, HP (LinkedIn).
Lores claimed that cartridges can serve as gateways for viruses, posing
threats to both prints and networks while addressing the controversy. This
startling discovery underscores a strategic push towards fortifying its
subscription model. HP, seemingly leveraging potential cartridge vulnerabilities, appears to be trying to sway consumers towards committing to HP ink. Any such tactic would align with the
company's broader strategy of recouping profits through recurring revenues via
programs like Instant Ink.
The Fly in the Ointment
But there’s a problem. While cyber crime is on the up, there doesn’t seem to be a threat from your printer. A 2022
piece by Actionable Intelligence spilled the beans on a potential weakness
in the system. A researcher, no doubt part of the secret society of printer
hackers, unearthed a nifty trick to infiltrate a printer using a rebel
third-party ink cartridge. However, the plot thickens—when attempting the same
escapade with an HP cartridge, our rogue genius hit a snag. It didn’t work.
Behold, the birth of HP's defensive maneuvers! The tech maestros at HP,
stirred by the prospect of a cartridge coup d'état, decided it was high time to
thwart any potential ink-soaked shenanigans. The catch? As they cloak their
printers in a shield of protection, HP concedes there's no concrete evidence of
this ink-centric heist happening in the wild. It's like guarding the gates against
an invisible horde—only in the whimsical world of printer espionage. In terms of fearmongering, Lores could only have been more on point if he'd thrown in terms like Artificial Intelligence (AI), deepfake, or identity theft.
Well! Thanks be to HP for keeping us and allowing us to use their
cartridges.
Louis Parks has lived and worked in and around the Middle East for much of his professional career. He writes about the meeting of the tech and finance worlds.
Why Gold Will Hit $10,000? This New Gold Price Prediction Sees the Yellow Metal Doubling
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Fail Better Trading Tech to Tackle Industry Risks
Fail Better Trading Tech to Tackle Industry Risks
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official