FIDReC recorded 4,355 claims in FY2024/2025, marking its highest volume in twenty years and a sharp rise from the previous year. Scam activity and broader dispute growth across financial institutions contributed to the increase. Greater public awareness of the centre’s role also drove more filings.
Fraud and scam disputes climbed to 1,285 cases, up more than 50% and accounting for nearly half of all claims. FIDReC accepted 2,646 claims for handling, with early resolution procedures reducing formal caseload growth. The phased approach encourages direct negotiation between consumers and providers.
Chief Executive Eunice Chua said rising claim volumes reflect fast-evolving financial risks and increasingly complex products. National indicators show similar pressures, with Singapore ranked second globally for payment card scams. Insurance fraud reports also continued to grow during the year.
Compromised credentials accounted for most scam-related cases, often involving unauthorised withdrawals or card charges. Consumers reported incidents without knowing how their details were obtained. The share of such complaints rose markedly compared with the previous year.
Banks added safeguards on large digital withdrawals as part of wider anti-scam measures. Regulators introduced cooling-off periods, stronger information sharing and closer monitoring of suspicious activity. Authorities say the goal is to limit exposure to scams and reinforce public confidence.
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During an official visit to Germany, Prime Minister Kristen Michal joined Saxony’s Minister President Michael Kretschmer to open a new Skeleton Technologies factory near Leipzig, underlining Estonia’s long-term commitment to European technological development.
An investment of 220 million euros that marks the most significant industrial commitment an Estonian company has made in Germany and reflects a shift towards mutual economic engagement.
The factory produces supercapacitors that aim to reduce energy consumption in AI data centres while enhancing the reliability of the power grid.
Michal noted that the relationship between the two countries has entered a new phase, as Estonia is now investing in Germany, rather than only receiving investment. He pointed to Germany’s industrial capacity and Estonia’s digital expertise as complementary strengths.
The project benefited from financial and strategic support through programmes such as EUBatIn, while partnerships with Siemens and Marubeni strengthened the technological foundation of the initiative.
Cooperation between Estonia and Saxony already extends across innovation, microelectronics and digital public services.
Several Estonian technology firms operate in the region, while universities in both countries maintain active collaboration in engineering, IT and business administration. These links continue to grow and support talent, research and industrial development.
The new factory is presented as a practical step towards European technological resilience, as the components used in the supercapacitors are sourced from European suppliers.
Estonian officials argue that Europe must develop and produce key technologies instead of relying on external suppliers. The opening of the plant is seen as the beginning of broader cooperation in IT, green technology, defence and advanced manufacturing.
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Vietnam has moved to expand its use of Chinese 5G technology, awarding Huawei and ZTE a series of new contracts. Under recent deals, the two companies will supply advanced 5G radio equipment to strengthen network coverage, while European vendors remain responsible for core systems.
Vietnam, which borders China, Laos, and Cambodia, previously echoed allies’ warnings that Chinese-made 5G gear posed an unacceptable security risk. Recent tariff frictions with the United States and shifting economic priorities have since pushed officials to reconsider that stance.
According to local reports, Huawei and ZTE have together secured contracts worth about 43 million dollars for non-core 5G equipment. Ericsson and Nokia are expected to continue supplying the 5G core, with Chinese vendors focused on antennas and related infrastructure at the network edge.
In April, a consortium including Huawei won a 23 million dollar deal to provide 5G gear, shortly after new US tariffs on Vietnamese exports came into force. Analysts say those measures have strained ties between Hanoi and Washington while nudging Vietnam to deepen economic and technological links with Beijing.
Vietnamese supply chain specialist Nguyen Hung says Hanoi is prioritising its own strategic interests, seeing closer ties with Chinese vendors as a route to deeper regional integration. US officials warn the deals could damage network trust and limit access to advanced American technology.
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NVIDIA AI Day Seoul drew more than 1,000 visitors who gathered to explore sovereign AI and the rapid progress shaping South Korea’s digital landscape.
Attendees joined workshops, technical sessions and startup showcases designed to highlight the country’s expanding ecosystem instead of focusing only on theoretical advances.
Five finalists from the Inception Grand Challenge also presented their work, reflecting the growing strength of South Korea’s startup community.
Speakers outlined how AI now supports robotics, industrial production, entertainment and public administration.
Conglomerates from South Korea, such as Samsung, SK Group, Hyundai Motor Group and NAVER Cloud, have intensified their investment in AI, while government agencies rely on accelerated computing to process documents and policy information at scale.
South Korea’s ecosystem continues to expand with hundreds of Inception startups, sovereign LLM initiatives and major supercomputing deployments.
Developers engaged directly with NVIDIA engineers through workshops and a Q&A area covering AI infrastructure, LLMs, robotics and automotive technologies. Plenary sessions examined agentic AI, reasoning models and the evolution of AI factories.
Partners presented advances in training efficiency, agentic systems and large-scale AI infrastructure built with NVIDIA’s platforms instead of legacy hardware.
South Korea’s next phase of development will be supported by access to 260,000 GPUs announced during the APEC Summit. Officials expect the infrastructure to accelerate startup growth, stimulate national AI priorities and attract new collaboration across research and industry.
The Seoul event marks another step in the country’s effort to reinforce its digital foundation while expanding its role in global AI innovation.
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Leading Chinese technology companies are increasingly training their latest AI models outside the country to maintain access to Nvidia’s high-performance chips, according to a report by the Financial Times. Firms such as Alibaba and ByteDance are shifting parts of their AI development to data centres in Southeast Asia, a move that comes as the United States tightens restrictions on advanced chip exports to China.
The trend reportedly accelerated after Washington imposed new limits in April on the sale of Nvidia’s H20 chips, a key component for developing sophisticated large language models. By relying on leased server space operated by non-Chinese companies abroad, tech firms are able to bypass some of the effects of US export controls while continuing to train next-generation AI systems.
One notable exception is DeepSeek, which had already stockpiled a significant number of Nvidia chips before the export restrictions took effect. The company continues to train its models domestically and is now collaborating with Chinese chipmakers led by Huawei to develop and optimise homegrown alternatives to US hardware.
Neither Alibaba, ByteDance, Nvidia, DeepSeek, nor Huawei has commented publicly on the report, and Reuters stated that it could not independently verify the claims. However, the developments underscore the increasing complexity of global AI competition and the lengths to which companies may go to maintain technological momentum amid geopolitical pressure.
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Multiple London councils are responding to a cyberattack that has disrupted shared IT systems and raised concerns about data exposure. Kensington and Chelsea and Westminster councils detected the incident on Monday and alerted the Information Commissioner’s Office as investigations began.
The councils say they are working with specialist incident teams and the National Cyber Security Centre (NCSC) to protect systems and keep key services running. Several platforms have been affected, and staff have been redeployed to support residents through monitored phone lines and email channels.
Hammersmith and Fulham, which shares IT services with the affected councils, has also reported disruption. Local leaders say it is too early to confirm who was responsible or whether personal data has been compromised. Overnight mitigation work has been carried out as monitoring continues.
Security researchers describe indications of a serious intrusion involving lateral movement across shared infrastructure. They warn that attackers may escalate to data theft or encryption, given the sensitivity of the information held by local authorities.
National security agencies and police are assessing the incident’s potential impact. Analysts say the attack highlights long-standing risks facing councils that manage extensive services on limited budgets and with inconsistent cyber safeguards.
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The internet has become part of almost everything we do. It helps us work, stay in touch with friends and family, buy things, plan trips, and handle tasks that would have felt impossible until recently. Most people cannot imagine getting through the day without it.
But there is a hidden cost to all this convenience. Most of the time, online services run smoothly, with countless systems working together in the background. But every now and then, though, a key cog slips out of place.
When that happens, the effects can spread fast, taking down apps, websites, and even entire industries within minutes. These moments remind us how much we rely on digital services, and how quickly everything can unravel when something goes wrong. It raises an uncomfortable question. Is digital dependence worth the convenience, or are we building a house of cards that could collapse, pulling us back into reality?
Warning shots of the dot-com Era and the infancy of Cloud services
In its early years, the internet saw several major malfunctions that disrupted key online services. Incidents like the Morris worm in 1988, which crashed about 10 percent of all internet-connected systems, and the 1996 AOL outage that left six million users offline, revealed how unprepared the early infrastructure was for growing digital demand.
A decade later, the weaknesses were still clear. In 2007, Skype, then with over 270 million users, went down for nearly two days after a surge in logins triggered by a Windows update overwhelmed its network. Since video calls were still in their early days, the impact was not as severe, and most users simply waited it out, postponing chats with friends and family until the issue was fixed.
As the dot-com era faded and the 2010s began, the shift to cloud computing introduced a new kind of fragility. When Amazon’s EC2 and EBS systems in the US-East region went down in 2011, the outage took down services like Reddit, Quora, and IMDb for days, exposing how quickly failures in shared infrastructure can cascade.
A year later, GoDaddy’s DNS failure took millions of websites offline, while large-scale Gmail disruptions affected users around the world, early signs that the cloud’s growing influence came with increasingly high stakes.
By the mid-2010s, it was clear that the internet had evolved from a patchwork of standalone services to a heavily interconnected ecosystem. When cloud or DNS providers stumbled, their failures rippled simultaneously across countless platforms. The move to centralised infrastructure made development faster and more accessible, but it also marked the beginning of an era where a single glitch could shake the entire web.
Centralised infrastructure and the age of cascading failures
The late 2000s and early 2010s saw a rapid rise in internet use, with nearly 2 billion people worldwide online. As access grew, more businesses moved into the digital space, offering e-commerce, social platforms, and new forms of online entertainment to a quickly expanding audience.
With so much activity shifting online, the foundation beneath these services became increasingly important, and increasingly centralised, setting the stage for outages that could ripple far beyond a single website or app.
The next major hit came in 2016, when a massive DDoS attack crippled major websites across the USA and Europe. Platforms like Netflix, Reddit, Twitter, and CNN were suddenly unreachable, not because they were directly targeted, but because Dyn, a major DNS provider, had been overwhelmed.
The attack used the Mirai botnet malware to hijack hundreds of thousands of insecure IoT devices and flood Dyn’s servers with traffic. It was one of the clearest demonstrations yet that knocking out a single infrastructure provider could take down major parts of the internet in one stroke.
In 2017, another major outage occurred, with Amazon at the centre once again. On 28 February, the company’s Simple Storage Service (S3) went down for about 4 hours, disrupting access across a large part of the US-EAST-1 region. While investigating a slowdown in the billing system, an Amazon engineer accidentally entered a typo in a command, taking more servers offline than intended.
That small error was enough to knock out services like Slack, Quora, Coursera, Expedia and countless other websites that relied on S3 for storage or media delivery. The financial impact was substantial; S&P 500 companies alone were estimated to have lost roughly 150 million dollars during the outage.
Amazon quickly published a clear explanation and apology, but transparency could not undo the economic damage nor (yet another) sudden reminder that a single mistake in a centralised system could ripple across the entire web.
Outages in the roaring 2020s
The S3 incident made one thing clear. Outages were no longer just about a single platform going dark. As more services leaned on shared infrastructure, even small missteps could take down enormous parts of the internet. And this fragility did not stop at cloud storage.
Over the next few years, attention shifted to another layer of the online ecosystem: content delivery networks and edge providers that most people had never heard of but that nearly every website depended on.
The 2020s opened with one of the most memorable outages to date. On 4 October 2021, Facebook and its sister platforms, Instagram, WhatsApp, and Messenger, vanished from the internet for nearly 7 hours after a faulty BGP configuration effectively removed the company’s services from the global routing table.
Millions of users flocked to other platforms to vent their frustration, overwhelming Twitter, Telegram, Discord, and Signal’s servers and causing performance issues across the board. It was a rare moment when a single company’s outage sent measurable shockwaves across the entire social media ecosystem.
But what happens when outages hit industries far more essential than social media? In 2023, the Federal Aviation Administration was forced to delay more than 10,000 flights, the first nationwide grounding of air traffic since the aftermath of September 11.
A corrupted database file brought the agency’s Notice to Air Missions (NOTAM) system to a standstill, leaving pilots without critical safety updates and forcing the entire aviation network to pause. The incident sent airline stocks dipping and dealt another blow to public confidence, showing just how disruptive a single technical failure can be when it strikes at the heart of critical infrastructure.
Outages that defined 2025
The year 2025 saw an unprecedented wave of outages, with server overloads, software glitches and coding errors disrupting services across the globe. The Microsoft 365 suite outage in January, the Southwest Airlines and FAA synchronisation failure in April, and the Meta messaging blackout in July all stood out for their scale and impact.
But the most disruptive failures were still to come. In October, Amazon Web Services suffered a major outage in its US-East-1 region, knocking out everything from social apps to banking services and reminding the world that a fault in a single cloud region can ripple across thousands of platforms.
Just weeks later, the Cloudflare November outage became the defining digital breakdown of the year. A logic bug inside its bot management system triggered a cascading collapse that took down social networks, AI tools, gaming platforms, transit systems and countless everyday websites in minutes. It was the clearest sign yet that when core infrastructure falters, the impact is immediate, global and largely unavoidable.
And yet, we continue to place more weight on these shared foundations, trusting they will hold because they usually do. Every outage, whether caused by a typo, a corrupted file, or a misconfigured update, exposes how quickly things can fall apart when one key piece gives way.
Going forward, resilience needs to matter as much as innovation. That means reducing single points of failure, improving transparency, and designing systems that can fail without dragging everything down. The more clearly we see the fragility of the digital ecosystem, the better equipped we are to strengthen it.
Outages will keep happening, and no amount of engineering can promise perfect uptime. But acknowledging the cracks is the first step toward reinforcing what we’ve built — and making sure the next slipped cog does not bring the whole machine to a stop.
The smoke and mirrors of the digital infrastructure
The internet is far from destined to collapse, but resilience can no longer be an afterthought. Redundancy, decentralisation and smarter oversight need to be part of the discussion, not just for engineers, but for policymakers as well.
Outages do not just interrupt our routines. They reveal the systems we have quietly built our lives around. Each failure shows how deeply intertwined our digital world has become, and how fast everything can stop when a single piece gives way.
Will we learn enough from each one to build a digital ecosystem that can absorb the next shock instead of amplifying it? Only time will tell.
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Yesterday, Canada announced that it has moved forward with a significant partnership that places Nokia at the centre of national ambitions for advanced 5G research.
A groundbreaking event in Ottawa marked the beginning of an expanded programme of work focused on AI, machine learning and next-generation network development. Government ministers emphasised that the investment enhances digital infrastructure, rather than relying on outdated foundations that limit growth.
Nokia plans to revitalise and enlarge its Ottawa facility by adding new lab space and new streams of research activity. The project is expected to create more than 300 jobs and widen opportunities for post-secondary students, strengthening the region’s technology base.
Canada has contributed $40 million through the Strategic Response Fund to support these developments and reinforce the country’s role in the global telecommunications sector.
Government officials argued that the collaboration will fuel economic prosperity and broaden Canada’s capacity to innovate. Advanced 5G networks are expected to bring benefits extending from defence and telecommunications to clean energy, precision agriculture and modern telemedicine.
Ministers presented the partnership as a means to a highly skilled workforce, rather than one that relies on imported expertise.
Nokia’s leadership described the project as a long-term commitment to Canada’s innovation ecosystem. The company highlighted the importance of local talent, secure digital infrastructure and future-oriented research in AI, quantum technology and advanced connectivity.
The expansion strengthens Canada’s position as a leader in next-generation networks and supports an innovation-driven economy.
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Japan will inject more than one trillion yen (approximately 5.5 billion €) into chipmaker Rapidus between 2026 and 2027. The plan aims to fortify national economic security by rebuilding domestic semiconductor capacity after decades of reliance on overseas suppliers.
Rapidus intends to begin producing 2-nanometre chips in late 2027 as global demand for faster, AI-ready components surges. The firm expects overall investment to reach seven trillion yen and hopes to list publicly around 2031.
Japanese government support includes large subsidies and direct investment that add to earlier multi-year commitments. Private contributors, including Toyota and Sony, previously backed the venture, which was founded in 2022 to revive Japan’s cutting-edge chip ambitions.
Officials argue that advanced production is vital for technological competitiveness and future resilience. Critics to this investment note that there are steep costs and high risks, yet policymakers view the Rapidus investment as crucial to keeping pace with technological advancements.
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Ireland faces mounting pressure over soaring electricity use from data centres clustered around Dublin. Facilities powering global tech giants have grown into a major energy consumer, accounting for over a fifth of national demand.
The load could reach 30 percent by 2030 as expanding cloud and AI services drive further growth. Analysts warn that rising consumption threatens climate commitments and places significant strain on grid stability.
Campaigners argue that data centres monopolise renewable capacity while pushing Ireland towards potential EU emissions penalties. Some local authorities have already blocked developments due to insufficient grid capacity and limited on-site green generation.
Sector leaders fear stalled projects and uncertain policy may undermine Ireland’s role as a digital hub. Investment risks remain high unless upgrades, clearer rules and balanced planning reduce the pressure on national infrastructure.
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