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A Chinese threat actor was seen disrupting the drone supply chain in multi-wave attacks against various organizations in Taiwan and South Korea, Trend Micro reports. Dubbed Earth Ammit and believed to be tied to Chinese APTs, the hacking group was seen launching two attack campaigns between 2023 and 2024, targeting organizations across multiple sectors to compromise trusted supply chains. Named Tidrone and Venom, the campaigns hit military, heavy industry, software services, satellite, technology, media, and healthcare organizations, using both open source and custom tools to achieve malicious goals. The Tidrone campaign was initially detailed in September 2024, after the Chinese…

Encova Insurance has announced the appointment of Ramu Lingala as Executive Vice‑President and Chief Information Officer.Lingala succeeds Tony Laska, who declared last year his intention to retire at the end of 2025.As CIO, Lingala will oversee all technology teams to ensure seamless system performance for Encova’s employees, clients and partners; work closely with business units to align IT initiatives with the enterprise’s strategic objectives; and partner with fellow technology leaders to validate roadmaps and drive delivery.“I’d like to extend my heartfelt congratulations to Tony on a distinguished career and express our gratitude for his unparalleled contributions to BrickStreet, Motorists and…

Neutrinos, a prominent provider of AI-based intelligent automation solutions tailored for the insurance industry, has revealed a significant collaboration with a global Fortune 500 life insurer to overhaul and digitise the carrier’s new business underwriting workflows across eight international markets.The transformation spans both retail and high-net-worth (HNW) customer segments, covering products such as Whole Life, Universal Life, and Critical Illness insurance.The insurer plans to utilise the Neutrinos platform to streamline previously disconnected intake processes, introduce AI-driven risk evaluation, and implement “first-time-right” (FTR) practices. These enhancements are expected to result in faster, more accurate, and highly customised experiences for both policyholders…

Perplexity, a conversational search and discovery engine, has announced a strategic partnership with PayPal, a global leader in online payments and financial services, to introduce agentic commerce capabilities to the Perplexity Pro platform in the U.S.The collaboration aims to simplify how consumers shop, book, and purchase online by enabling instant checkouts via PayPal or Venmo directly within Perplexity’s chat interface.This innovation allows users to complete transactions in real time through natural conversation, removing the friction typically associated with online commerce.Perplexity’s platform is designed to fuse real-time web data with generative AI models, delivering cited answers and actionable outcomes in a…

At least two ransomware groups and multiple Chinese APTs have been observed targeting two vulnerabilities that were recently patched in SAP NetWeaver. The issues, tracked as CVE-2025-31324 (CVSS score of 10) and CVE-2025-42999 (CVSS score of 9.1), impact NetWeaver’s Visual Composer development server component and can be exploited by remote attackers to execute arbitrary code without authentication. In-the-wild attacks have been ongoing since January, with threat actors targeting the bugs to deploy webshells that were then abused for follow-up activities. Opportunistic attackers were also seen targeting the webshells deployed during the initial, zero-day attacks. SAP initially rolled out patches for…

Johannesburg, South Africa – On a chilly Sunday evening in Johannesburg, OR Tambo International Airport was filled with tourists and travellers entering and exiting South Africa’s busiest airport. On one side of the international departures hall, a few dozen people queued – their trollies piled with luggage, travel pillows and children’s blankets – as they waited to board a charter flight to Washington Dulles International Airport in the United States. Dressed casually and comfortably for the 13-hour journey that would follow, the group – most young, all white – talked among themselves while avoiding onlookers. Although they blended into the…

People are using AI video generation tools to contribute to an unexpected new viral trend: podcasts featuring AI-generated talking babies. And one of the companies helping artists do this is Hedra. The startup, launched in 2023, offers a web-based video generation and editing suite powered by its Character-3 model, which lets users make videos with an AI-generated character as the focus, as well as transfer styles across images and audio. This is what people are using to make podcast videos like this one, in which an AI-generated dog talks about what it’s like to live with a new baby in…

In a move to deepen regulatory collaboration between Asia and the Middle East, the SFC of Hong Kong and the FRSA of ADGM have signed a MoU aimed at enhancing supervision of cross-border investment management activities.The agreement establishes a framework for greater consultation, cooperation and exchange of information between the two regulatory bodies, particularly in the oversight of collective investment scheme managers operating across the jurisdictions. This includes fund management, investment advisory, and other related cross-border financial services.The MoU was signed on the sidelines of the annual general meeting of the International Organization of Securities Commissions (IOSCO), held in Doha,…

Russian forces made creeping advances through Ukraine’s east this week, as the two countries prepared to hold their first direct talks in three years on Thursday. Russian forces captured the settlement of Kotlyarivka, southwest of the embattled area of Pokrovsk, on Monday, Russia’s Ministry of Defence said. The seizure brought Russian forces to within 3.7km of the regional border between Donetsk and Dnipropetrovsk in Ukraine. Russian forces also forced their way into the village of Myrolyubivka, east of Pokrovsk, and claimed to have taken the entire settlement. On Wednesday, Russia’s Defence Ministry claimed its forces took the community of Mykhailovka,…

A new cybercrime report by LexisNexis Risk Solutions has found a transformation in the UK’s fraud landscape, with first-party fraud now accounting for more than half of all reported incidents in 2024.The data, derived from over 104bn global transactions analysed via the LexisNexis Digital Identity Network, marks a dramatic rise in fraud conducted by customers themselves rather than external scammers.First-party fraud encompasses dishonest activities by legitimate users for financial gain, including providing false details on loan applications, making fraudulent chargeback claims, or falsely reporting undelivered goods. The report highlights a particular spike in such cases reported by Buy Now, Pay…