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A Turkey-affiliated threat actor has been observed exploiting a zero-day vulnerability in Output Messenger against entities associated with the Kurdish military in Iraq, Microsoft reports. The hacking group, tracked as Marbled Dust, Sea Turtle, and UNC1326, and known to focus on espionage, typically targets entities in Europe and the Middle East, including government, information technology, and telecommunications organizations, as well as other entities of interest to the Turkish government. Marbled Dust was previously seen scanning internet-facing assets for known vulnerabilities it could exploit for initial access, as well as compromising DNS registries and/or registrars to snoop on government organizations and…

Giesecke+Devrient has launched a new product aimed at transforming fraud prevention in digital payments. The company has unveiled Convego SecureCode, an innovative payment card designed to help banks and financial institutions combat card-not-present (CNP) fraud while preserving a smooth user experience.The launch of Convego SecureCode comes as the financial sector faces growing pressure to reduce the risk of CNP fraud, which accounts for roughly 70% of all credit card fraud cases. As global fraud losses are projected to reach nearly $50bn by 2030, financial institutions are in urgent need of secure and user-friendly solutions to safeguard customer transactions and prevent…

SavvyMoney has announced its acquisition of CreditSnap, a firm specialising in smart integrations for digital lending, deposits, and account onboarding for banks and credit unions.The acquisition aims to expand SavvyMoney’s platform capabilities, reinforcing its mission to offer a unified, digital-first financial experience. Though the deal value has not been disclosed, the move is positioned as a major step in enhancing both companies’ offerings for financial institutions seeking scalable, integrated solutions.SavvyMoney focuses on empowering consumers with personalised credit insights and loan options, driving engagement through demand generation tools embedded in digital banking platforms. CreditSnap, on the other hand, delivers modular technology…

Authorities in Moldova on Monday announced the arrest of an individual suspected of being involved in DoppelPaymer ransomware attacks. The suspect, a 45-year-old foreigner whose identity was not disclosed, was wanted for his alleged involvement in ransomware attacks, extortion, and money laundering against organizations in the Netherlands. Moldovan authorities, with support from Dutch law enforcement, searched the suspect’s house and car, and seized two laptops, a mobile phone, a tablet, two portable drives, six memory cards, six bank cards, an electronic wallet, and €84,800 (~$94,000). According to Moldovan authorities, the suspect was involved in a ransomware attack against the Dutch…

Cloud data security vendor Orca Security on Tuesday announced the acquisition of Opus Security, an Israeli startup hawking technology for AI-powered cloud security orchestration and remediation. Financial terms of the transaction were not released. Orca positioned the deal as an expansion of its technology capabilities beyond risk identification and prioritization, moving into the realm of AI-based autonomous remediation and prevention.  Opus, which launched in 2022 with $10 million in seed capital from YL Ventures, has found success using artificial intelligence in a platform that automates and orchestrates cloud security remediation.  Founded by Meny Har and Or Gabay, former executives at…

Ocorian has entered into a partnership with Fenergo, a leading provider of AI-powered CLM solutions.The partnership aims to support Ocorian’s ongoing digital transformation strategy by automating and simplifying client due diligence and regulatory compliance workflows across its international operations. By leveraging Fenergo’s intelligent CLM platform, Ocorian plans to improve operational efficiency, reduce compliance risks, and deliver an enhanced experience for clients.Ocorian specialises in delivering a wide range of professional services, including fund administration and fiduciary services, to clients globally. The firm has a growing footprint and continues to invest in digital tools to improve service delivery. Fenergo, meanwhile, is known…

LONDON (AP) — “Doctor Who” and Eurovision unite for an evening of music and intergalactic adventure on Saturday — all thanks to Russell T Davies.Before fans tune in for the annual song contest, they can enjoy Ncuti Gatwa’s Doctor and Varada Sethu’s Belinda Chandra attending the Interstellar Song Contest in an episode of the sci-fi series. In real life, the Eurovision Song Contest is an annual musical competition and TV event that sees 37 countries compete for a crystal microphone trophy over a four-hour live broadcast. In the interstellar version, aliens from 40 different worlds vie to win, also by…

Zelenskyy welcomes the US leader’s initiative, insists Putin should also be in the Turkish city ‘in person’.United States President Donald Trump has offered to join the talks that Russia’s President Vladimir Putin suggested should be held directly with Ukraine, after criticism of the Western “ultimatums” to end the conflict between the two Slavic nations. Trump said on Monday he was “thinking about actually flying over” to the Turkish city of Istanbul to attend the negotiations expected to take place on Thursday. The initiative was welcomed by Ukraine’s President Volodymyr Zelenskyy, but there was no immediate reaction from Moscow. “All of…

Once hailed as the unstoppable future of mobility, the global EV market is now showing signs of strain, with uneven growth, pricing pressures and infrastructure gaps complicating its path forward. As consumer adoption slows and regional disparities widen, attention is shifting to the financial systems underpinning EV uptake. Financing has emerged as a critical battleground, and lenders, increasingly squeezed by valuation risks and changing buyer preferences, are being forced to rethink their strategies. In this evolving landscape, AI-powered analytics may hold the key to unlocking profitability and resilience in EV lending, according to Earnix. The US EV sector faced several hurdles…

Last week, the FinTech landscape secured $477.6m across 16 deals, with many subsectors securing big cash injections to underline the success of the space. Enterprise and Investment Software stole the limelight with 5 deals, amassing $259M. Finom’s $105M raise in the Netherlands fueled SME banking innovation, while Thomas Bravo’s $100M in the UK supercharged tax automation. PayTech zipped in with 2 deals worth $22.2M, led by Glide’s $15M in the USA to streamline embedded payments, alongside Agree’s $7.2M for e-signatures and payments.  WealthTech also shone with 2 deals totalling $51.9m. Wagestream’s $39.9M in the UK boosted financial wellbeing, and Ravio’s $12M enhanced…