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France on Tuesday said the Russian state-sponsored hacking group APT28 has targeted or compromised a dozen government organizations and other French entities. Linked to the Russian General Staff Main Intelligence Directorate (GRU) and also tracked as BlueDelta, Fancy Bear, Forest Blizzard, Sednit, and Sofacy, APT28 has been active since at least 2004, typically targeting government, military, energy, and media organizations in Europe and the US. Dragos observed APT28 targeting OT organizations in 2024, and Recorded Future in November 2024 attributed cyberattacks on 60 organizations in Asia and Europe to cyber-activity that overlaps with APT28. On Tuesday, the French cybersecurity agency…

The Japanese government is weighing a significant crackdown on fraudulent activities involving illicit bank accounts and anonymous communication tools, following a sharp rise in social media-driven investment scams and telecom fraud. According to The Mainchi, these efforts come in response to a growing number of fraud cases exploiting illicitly traded financial accounts. In 2024, 4,513 such cases were uncovered under the Act on Prevention of Transfer of Criminal Proceeds—a 30% increase from 2023 and nearly double the figure recorded in 2019. Criminals have increasingly used these accounts to launder money obtained from victims through so-called “special fraud” schemes, which include…

The UK FCA is preparing to roll out a new live testing service for AI, designed to help financial firms deploy AI tools in a responsible and secure manner. As part of its AI Lab initiative, this proposed service will offer regulatory support and a collaborative testing environment, ensuring firms can validate their AI solutions before rolling them out to the market.Scheduled for launch in September 2025, the service is expected to run for a period of 12 to 18 months. It will enable firms developing consumer- or market-facing AI models to work closely with the FCA as they test…

Earnix, a leading dynamic AI platform for insurance, has entered into a definitive agreement to acquire Zelros in a bid to enable pricing and underwriting professionals to deliver more accurate offers and improve customer engagement.The acquisition combines Earnix’s predictive AI with Zelros’ generative AI capabilities to enhance customer engagement and business performance.This partnership will deliver a comprehensive AI solution covering the full customer lifecycle, from risk decisioning to claims management. Both companies support major global insurers and banks like Aviva, AXA, and Santander.“We are pleased to announce Earnix’s acquisition of Zelros, a strategic move that reaffirms us as the technology…

The Pakistan Cricket Board (PCB) on Wednesday said that the Bangladesh men’s team will tour Pakistan in May for a five-match T20I series. Pakistan last played international cricket against New Zealand earlier this month, where the Green Shirts lost both the One-day International series (3-0) and the Twenty20 International series (4-1). The Pakistan Super League is currently ongoing in the country with the final set to take place on May 18. The schedule for the series. — PCB The PCB said in a press release: “The series, which is part of the Future Tour Programme (FTP), originally consisted of three…

ROCHESTER, N.Y. (AP) — With her purple-and-pink hair swaying, Reneé Colón stands on a stepladder in the rented corner of a warehouse, pouring Brazilian coffee beans into her groaning old roasting machine.The beans are precious because they survived severe drought in a year when environmental conditions depressed coffee production globally, doubling the price of raw beans in just months. “Unfortunately, coffee is going to become more scarce,” said Colón, founder and roaster at Fuego Coffee Roasters. “Seeing that dramatic loss of the Brazilian crop is a perfect example.” Renee Colon, co-owner of Fuego Coffee Roasters, operates her roasting machine, Friday,…

Every year, millions of travellers fall ill while abroad, and most aren’t dealing with drastic emergencies. They’re fighting off a nasty flu, seeking relief for a sinus infection, or managing a minor injury. But without easy access to trusted local care, these seemingly low-risk issues often escalate into high-cost claims, according to Adam Feiler, SVP Global Sales at Air Doctor.  In fact, a growing portion of outpatient claims costs come from avoidable emergency room visits for non-urgent care as policyholders don’t know where else to go and it’s costing the industry billions.Driving up loss ratios The global traveller market is booming. According…

Palo Alto Networks has announced the acquisition of Protect AI, a company specialising in securing AI and ML systems, particularly within enterprise environments.The acquisition aims to strengthen Palo Alto Networks’ position in securing emerging AI ecosystems and accelerating the development of its new Prisma AIRS™ platform. Although the value of the deal has not been disclosed, it is expected to close by the first quarter of Palo Alto Networks’ fiscal 2026, subject to standard regulatory approvals.Protect AI focuses on securing the full lifecycle of AI development, protecting models, data, agents, and infrastructure from vulnerabilities such as prompt injection attacks, model…

In today’s financial services landscape, records management has become a complex compliance issue that firms can no longer afford to overlook. According to Corlytics, what was once a largely manual process of storing paper documents has evolved into a critical area of regulatory risk, driven by the explosion of digital formats, jurisdictional data rules, privacy laws and a fast-evolving global regulatory environment.The definition of records management has substantially expanded beyond simple document storage. It now encompasses digital files across email platforms, collaborative tools such as Microsoft Outlook and SharePoint, and databases spanning on-premise servers and cloud-based solutions. As FIs manage…

Kennedys IQ has teamed up with Solomonic, a litigation analytics firm known for its data-driven insights, to improve how litigation risk is managed throughout the insurance lifecycle.The partnership addresses growing demand in the insurance sector for external data that improves visibility into risk, according to InsurTech Insights.By combining Solomonic’s litigation data with Kennedys IQ’s event detection and policy wording analytics, the collaboration aims to deliver a transparent, explainable framework for assessing risk across policy issuance, management, and renewal.Kennedys IQ develops technology-driven solutions for insurers, focusing on claims handling, risk evaluation, and legal automation. Its SmartRisk Machine Intelligence, launched in March…