Williams, a 39-year-old Australian citizen who was known inside the company as "Doogie," admitted to prosecutors that he stole and sold eight exploits, or " zero-days," which are security flaws in software that are unknown to its maker and are extremely valuable to hack into a target's devices. Williams said some of those exploits, which he stole from his own company Trenchant, were worth $35 million, but he only received $1.3 million in cryptocurrency from the Russian broker.
According to the Office for National Statistics, there were 4.2 million fraud incidents in England and Wales for the year ending March 2025 (ONS). That's a massive 31% increase year-on-year. It's the highest number of fraud instances since the ONS records began in 2017. The issue is that online fraud is becoming so much more sophisticated than it ever was because of artificial intelligence. Fraud is more convincing than ever, so the strategy is emerging to use the same technology for detection and deterrence.
Once a fringe curiosity, the deepfake economy has grown to become a $7.5 billion market, with some predictions projecting that it will hit $38.5 billion by 2032. Deepfakes are now everywhere, and the stock market is not the only part of the economy that is vulnerable to their impact. Those responsible for the creation of deepfakes are also targeting individual businesses, sometimes with the goal of extracting money and sometimes simply to cause damage.
It was a sunny morning in late April when a massive power outage suddenly rippled across Spain, Portugal, and parts of southwestern France, leaving tens of millions of people without electricity for hours. Cities were plunged into darkness. Trains stopped and metro lines had to be evacuated. Flights were cancelled. Mobile networks and internet providers went down. Roads were gridlocked as traffic lights stopped working.
But ultimately, this is all the result of bad software, ridden with vulnerabilities. "We don't have a cybersecurity problem. We have a software quality problem," she said. The main reason for this was software vendors' prioritization of speed to market and reducing cost over safety. AI is making attackers more capable, helping them create stealthier malware and "hyper-personalized phishing," and also to spot and surface vulnerabilities and flaws more quickly.
According to PwC's 2025 Global Compliance Survey, [1] more than 40% of global companies reported at least one compliance failure that led to fines, penalties, or back pay. Staying on top of regulatory compliance requirements has only gotten more complex, and the stakes have never been higher. TD Bank's USD 3.1 billion penalty for "pervasive and systemic failure to maintain an adequate" anti-money laundering (AML) compliance program [2] demonstrates this and has incentivized companies of all sizes to invest in compliance training platforms that can be used to demonstrate compliance in audits and regulatory defense scenarios.
Cyber Security Festival 2025, one of the regions premier cybersecurity event, is set to bring together over 1,200 IT professionals, experts, and thought leaders - including David Heinemeier Hansson, the creator of Ruby on Rails, co-founder of 37signals, and New York Times-bestselling author. Two days of discussions, hands-on workshops, and networking await participants. Taking place on November 4-5, 2025, at TAP1 in Copenhagen, the festival will tackle the most pressing challenges in cybersecurity, from AI-driven threats to geopolitical cyber warfare.
The victims included a municipal water facility where pressure values were changed, an oil and gas company whose tank gauge was tampered with, and a farm silo where drying temperatures were altered, "resulting in potentially unsafe conditions if not caught on time." Officials stressed these weren't sophisticated, state-sponsored operations but opportunistic intrusions that caused real-world disruption ranging from false alarms to degraded service. The attackers didn't need custom malware or insider access either - just a connection and curiosity.
Meanwhile, in Warsaw and Vilnius, shoppers flee as flames engulf two of the largest city malls. Investigators soon discover the arsonists are teenagers recruited online, guided by encrypted messages, and paid by actors connected to hostile state agencies. The chaos sows fear, erodes social trust, and sends shockwaves through European communities-proxy sabotage that destabilizes societies while providing plausible deniability to those orchestrating the acts.
According to some estimates, tech debt, or the costs incurred when having to constantly fix aging or clunky software systems, has ballooned to more than $1.52 trillion in the U.S. alone. With technology like agentic AI being heavily embedded on top of companies' aging technology systems and operations, this rising cost of tech debt makes sense. Many organizations are quickly implementing new technologies without addressing underlying systems first.
Cisco's recent AI Readiness Index shows that in EMEA, only 11% of companies are completely ready for AI compared to 13% worldwide. This is a number that hasn't changed much in three years. While 82% of organizations intend to use AI, and 44% anticipate a significant increase in AI workloads within a year, only 30% believe their current IT infrastructure can support today's AI technologies.
One only has to look at the official figures released by the UK's Gambling Commission to see that online gambling is a booming sector. Now worth £6.9 billion a year, it outstrips the land-based activity that recorded a gross revenue of £4.6 billion for the period between April 2023 and March 2024. The real stars of the show are the online casinos, responsible for £4.4 billion in revenue and,
The AI company launched Atlas on Tuesday, with the goal of introducing an AI browser that can eventually help users execute tasks across the internet as well as search for answers. Someone planning a trip, for example, could also use Atlas to search for ideas, plan an itinerary, and then ask it to book flights and accommodations directly. ChatGPT Atlas has several new features, such as "browser memories," which allow ChatGPT to remember key details from a user's web browsing to improve chat responses.
New York State Department of Financial Services (DFS) Acting Superintendent Kaitlin Asrow today issued new cybersecurity guidance addressing the risks associated with entities becoming increasingly reliant on third-party service providers (TPSPs). The guidance builds on the Department's ongoing work to protect New Yorkers and DFS-regulated entities from cybersecurity risks through its nation-leading cybersecurity regulation.
On a weekday morning in suburban Maryland, a behavioral health therapist logs into her dashboard before meeting her first client. The screen displays real-time caseloads, treatment plans, and risk alerts. One name flashes yellow-a client whose recent history suggests heightened hospitalization risk. Rather than waiting for crisis, the therapist addresses this proactively. This moment illustrates how thoughtfully designed digital systems don't replace human care; they sharpen it.
The United States Department of Justice (DOJ) has intensified its nationwide crackdown on schemes involving North Korean information technology (IT) workers who fraudulently obtained employment at U.S. businesses. Over the past few years, the U.S. government issued multiple advisories to detect and combat the North Korean remote IT workers' attempts to infiltrate U.S. businesses, the latest of which came in July this year.
This renewed focus has brought economic statecraft to the forefront, as governments increasingly deploy trade restrictions, foreign investment scrutiny, and sanctions as foreign policy tools to advance their agendas and exert influence. After decades of near-unwavering commitment to free trade and the rapid globalization of markets across the Western world, we are witnessing a protectionist turn, with U.S. tariff levels reaching heights not seen in nearly a century.
Members of Gen Z are often referred to as "digital natives." They were born and raised in the internet era and have been engaging with computers, tablets, smartphones, and other connected devices from an early age. In many ways, this gives Gen Z an advantage in today's increasingly digital working environments-but that isn't always the case. In fact, research has consistently shown that each generation has its own unique blind spots when it comes to safely navigating the digital realm.
One of the fundamental principles of Huawei is to ensure compliance with international standards, industry best practices, customer requirements and local laws and regulations,
Penetration testing helps organizations ensure IT systems are secure, but it should never be treated in a one-size-fits-all approach. Traditional approaches can be rigid and cost your organization time and money - while producing inferior results. The benefits of pen testing are clear. By empowering "white hat" hackers to attempt to breach your system using similar tools and techniques to an adversary, pen testing can provide reassurance that your IT set-up is secure. Perhaps more importantly, it can also flag areas for improvement.
Humans are no longer the ones setting the breakneck pace on Wall Street. The New York Stock Exchange is now processing 1.2 trillion order messages per day, a staggering threefold jump from just four years ago, according to New York Stock Exchange President Lynn Martin. The surge, she said, is being driven by AI-fueled trading, algorithmic strategies, and hyperspeed market participants that have transformed the structure of U.S. markets.
