Latest news with #Goldstuck
Business Journals
27-04-2025
- Business
- Business Journals
Trawick Insurance opens Miami headquarters office
A global travel insurance company has moved its headquarters from Fairhope, Alabama, to Miami-Dade County. Trawick International announced it had relocated to the Sunshine State and opened its new 3,200-square-foot flagship office April 10. The company's new headquarters is on the 17th floor of the Dadeland Centre, 9155 S. Dadeland Blvd., in Kendall, according to its filing with the Florida Department of State. A Trawick spokesperson told the Business Journal that 10 staff will work out of the office, including its Latin America division's president, medical director, claims director and customer service manager. 'This is more than a change of address; it's a strategic investment in our future," President and CEO Daryl Trawick said. "Miami is a thriving, diverse and internationally connected city that mirrors our company's mission and values. It enables us to deepen our relationships with clients, partners and agents across the globe.' Founded in 1998, Trawick began by offering insurance plans to universities and students, including coverage for international students and study abroad programs. After more than a decade, the company expanded into the broader travel insurance market, and today provides a wide range of products including international travel insurance, trip cancellation and interruption coverage, and student insurance plans. West Palm Beach investment firm raises $500 million Ares Management was one of the lead investors in a West Palm Beach-based investment firm's $500 million raise. The Los Angeles-based private equity giant (NYSE: ARES) co-led GoldState Music's raise alongside Northleaf Capital Partners. Individual investment amounts were not disclosed. Founded in 2022 by Managing Partner Charles Goldstuck, GoldState primarily invests in music rights, in addition to businesses and emerging music technology. The firm currently owns the music rights to over 50 artists across multiple genres, including ownership of one record label. 'Our new relationship with Northleaf and Ares marks the next step in the evolution of our music investing strategy,' Goldstuck said. 'This additional capital will enable us to further accelerate our ability to capitalize on increasing demand for music and build a diversified portfolio of music assets across artists and genres." Goldstuck's influence in the music industry spans decades. He is the founder of The Sanctuary at Albany, a recording studio and music academy in the Bahamas, and serves as executive chairman of TouchTunes Interactive Networks, a leading digital entertainment platform with over 80,000 locations worldwide. His past roles include president and COO of Bertelsmann Music Group and co-founder, with Clive Davis, of J Records, which later merged into RCA Music Group. During his tenure in the industry, he worked with top-tier artists including Usher, Justin Timberlake, Britney Spears, Foo Fighters, Maroon 5 and Rod Stewart. Goldstuck also tapped Grammy-nominated music artist Mike Posner, known for globally recognized hits like "Cooler than Me," "Please Don't Go" and "I took a Pill in Ibiza," as the creative ambassador of GoldState. 'Charles and GoldState Music bring a bold, visionary approach to music rights investment that seeks to empower artists,' said Jeevan Sagoo, managing director at Ares. 'We are excited to collaborate with them and provide Ares' deep sector and investment experience as they advance their long-term growth and value creation strategy.' Ares, one of the world's largest private equity firms with $525 billion in assets under management, has deepening ties to South Florida. Notably, it was among the first private equity firms to invest in an NFL team, acquiring a 10% stake in the Miami Dolphins following the league's policy shift to allow such investments. Further cementing its regional presence, Ares opened a 12,000-square-foot office in Miami Beach's Eighteen Sunset building last year, and maintains a 2,000-square-foot workspace at 3801 PGA Blvd. in Palm Beach Gardens. Ares is also among South Florida's most active real estate investors, with a multimillion-dollar portfolio spanning industrial and other commercial properties. By the Numbers 67,400 Number of Americans who moved out of Miami-Dade County in 2024 26,300 Broward County's 2024 decline in domestic migration 7,546 Amount of U.S. citizens who left Palm Beach County in 2024 2,200% Percentage drop in domestic migration outflow in 2024 for Palm Beach County, the largest decline in South Florida Sign up here for the Business Journal's free morning and afternoon daily newsletters to receive the latest business news impacting South Florida. Download the free Business Journal app for breaking news alerts on your phone. South Florida's Sports and Entertainment Venues Capacity Rank Prior Rank Venue/URL 1 1 Hard Rock Stadium 2 2 Miami Beach Convention Center 3 2 Homestead-Miami Speedway View this list
The Citizen
22-04-2025
- The Citizen
WhatsApp account hacked? This is what you need and must do
South Africans have been warned about a hacking campaign by criminals taking over people's WhatsApp accounts. This high number of users and the platform's popularity mean it is a popular playground for criminals. Picture: EPA-EFE/HAYOUNG JEON South Africans have been warned about a hacking campaign by criminals taking over people's accounts WhatsApp is the most popular mobile messaging platform in South Africa, with 93.9% of active social media users using the app, followed by Facebook at 88.6%, TikTok at 76.9% and Instagram at 71.4%, according to WhatsApp The high number of users and the platform's popularity make it a popular playground for criminals. Suspicious or scam messages can occur when an unsaved WhatsApp user tries to trick you into sharing personal or financial information. Stolen WhatsApp accounts can be used for spam distribution and scam schemes, prompting users to be wary of cybercriminals who use various methods to gain access to them. ALSO READ: Time to upgrade: These are some of the smartphones that no longer support WhatsApp Precautions Arthur Goldstuck, founder of World Wide Worx, advised South Africans to be cautious when protecting their social media accounts, particularly on WhatsApp. 'WhatsApp hacking is one of the most common forms of getting into people's identities because people tend to be too trusting of anyone who enters that very personal communication space. 'E-mail fishing is still the most common way of compromising someone's credentials, but people are getting more and more savvy to that, and the message has got through that you don't just click on any link that anyone sends you. But in WhatsApp, people are still not used to the idea that someone can hack your account or take over your identity,' Goldstuck said. WhatsApp hacking According to Kaspersky, cybercriminals can take control of your WhatsApp account in one of two ways. They either add another device to your account using the 'Linked devices' feature or re-register your account on their device as if you'd bought a new phone. In the former case, you continue using WhatsApp as usual, but the criminals also have access to it, including your recent conversations. In the second case, you lose access to your account, and when you try to log in, WhatsApp notifies you that your account is in use on another device. The attackers can control your account, but won't have access to your past conversations. ALSO READ: WATCH: WhatsApp rolls out update with refreshed design for iOS and Android What to do if your WhatsApp account has been hacked Make sure the SIM card linked to your WhatsApp account is inserted in your smartphone. Open WhatsApp on the smartphone. If it opens normally Go to the WhatsApp settings: Settings on iPhone, or the additional menu (three dots) on Android. Tap Linked devices. Tap each device listed on this page. Tap Log Out. This will disconnect all additional devices from your account and cut off the attackers. If the messenger tells you that you're logged out and need to register Enter your phone number. Request a one-time registration code. Wait for an SMS or a voice call with the code. Enter the received code. Restoration If your account was protected with a two-step verification PIN, after entering the one-time registration code, enter your PIN as well. WhatsApp may offer to restore your chats and settings from a backup in iCloud, Google Drive, or local storage. Accept! If you hadn't previously set a two-step verification PIN, but WhatsApp requests it after you enter the one-time code, the attackers may have set a PIN to prevent you from regaining access to your account. The PIN can be reset using the Forgot PIN E-mail address If an email address is linked to your WhatsApp account, you'll receive a PIN reset link instantly. Go to your email, open the latest message from WhatsApp, tap the link inside, and then tap Confirm. After this, you can return to WhatsApp and set a new PIN. If you hadn't linked an email address, you can still request a PIN reset, but you'll have to wait a week before the PIN is removed. During this time, your WhatsApp account will remain inaccessible. After a week, you can log back in to your account following the instructions above. Once you've completed these steps, the attackers will be disconnected from your account. ALSO READ: WATCH: Meta releases new AI assistant on WhatsApp, Facebook and Instagram Protection To protect your WhatsApp account, enable two-step verification in WhatsApp and memorise your PIN — it's not a one-time code. To do this, go to Settings → Account → Two-step verification. Never, ever share your PIN or one-time registration codes with anyone. Only scammers ask for these details. WhatsApp recently introduced support for passkeys. If you enable this option (Settings → Account → Passkeys), logging in to your account will require biometric authentication, and instead of PIN codes, your smartphone will store a long cryptographic key. This is a very secure option, but it may not be convenient if you frequently change devices and switch between Android and iOS. If you get a suspicious call, hang up the call or stop replying to the user. If you can't verify the contact's identity, do not share any personal or financial information. Block the user to stop them from contacting you, and report them to WhatsApp. Sim swap scam Make sure you haven't fallen victim to a SIM swap scam. Contact your mobile carrier — preferably in person — and verify that no duplicate SIM cards have been issued for your number recently. Also, ensure that there is no unauthorised call forwarding set up on your number. Cancel any suspicious changes and ask the staff about additional security measures for your SIM card. These may include prohibiting SIM-related actions without your presence, requiring an additional password for authentication, or other security measures. NOW READ: Zuckerberg downplays Meta's alleged abuse of power to acquire Instagram and WhatsApp [VIDEO]
