Cybercrime

Meta expands global push against online scam networks

The US tech giant, Meta, outlined an expanded strategy to limit online fraud by combining technical defences with stronger collaboration across industry and law enforcement.

The company described scams as a threat to user safety and as a direct risk to the credibility of its advertising ecosystem, which remains central to its business model.

Executives emphasised that large criminal networks continue to evolve and that a faster, coordinated response is essential instead of fragmented efforts.

Meta presented recent progress, noting that more than 134 million scam advertisements were removed in 2025 and that reports about misleading advertising fell significantly in the last fifteen months.

It also provided details about disrupted criminal networks that operated across Facebook, Instagram and WhatsApp.

Facial recognition tools played a crucial role in detecting scam content that utilised images of public figures, resulting in an increased volume of removals during testing, rather than allowing wider circulation.

Cooperation with law enforcement remains central to Meta’s approach. The company supported investigations that targeted criminal centres in Myanmar and illegal online gambling operations connected to transfers through anonymous accounts.

Information shared with financial institutions and partners in the Global Signal Exchange contributed to the removal of thousands of accounts. At the same time, legal action continued against those who used impersonation or bulk messaging to deceive users.

Meta stated that it backs bipartisan legislation designed to support a national response to online fraud. The company argued that new laws are necessary to weaken transnational groups behind large-scale scam operations and to protect users more effectively.

A broader aim is to strengthen trust across Meta’s services, rather than allowing criminal activity to undermine user confidence and advertiser investment.

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Regulators question transparency after Mixpanel data leak

Mixpanel is facing criticism after disclosing a security incident with minimal detail, providing only a brief note before the US Thanksgiving weekend. Analysts say the timing and lack of clarity set a poor example for transparency in breach reporting.

OpenAI later confirmed its own exposure, stating that analytics data linked to developer activity had been obtained from Mixpanel’s systems. It stressed that ChatGPT users were not affected and that it had halted its use of the service following the incident.

OpenAI said the stolen information included names, email addresses, coarse location data and browser details, raising concerns about phishing risks. It noted that no advertising identifiers were involved, limiting broader cross-platform tracking.

Security experts say the breach highlights long-standing concerns about analytics companies that collect detailed behavioural and device data across thousands of apps. Mixpanel’s session-replay tools can be sensitive, as they can inadvertently capture private information.

Regulators argue the case shows why analytics providers have become prime targets for attackers. They say that more transparent disclosure from Mixpanel is needed to assess the scale of exposure and the potential impact on companies and end-users.

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eSafety highlights risks in connected vehicle technology

Australia’s eSafety regulator is drawing attention to concerns about how connected car features can be misused within domestic and family violence situations.

Reports from frontline workers indicate that remote access tools, trip records and location tracking can be exploited instead of serving their intended purpose as safety and convenience features.

The Australian regulator stresses that increased connectivity across vehicles and devices is creating new challenges for those supporting victim-survivors.

Smart cars often store detailed travel information and allow remote commands through apps and online accounts. These functions can be accessed by someone with shared credentials or linked accounts, which can expose sensitive information.

eSafety notes that misuse of connected vehicles forms part of a broader pattern of technology-facilitated coercive control, where multiple smart devices such as watches, tablets, cameras and televisions can play a role.

The regulator has produced updated guidance to help people understand potential risks and take practical steps with the support of specialist services.

Officials highlight the importance of stronger safeguards from industry, including simpler methods for revoking access, clearer account transfer processes during separation and more transparent logs showing when remote commands are used.

Retailers and dealerships are encouraged to ensure devices and accounts are reset when ownership changes. eSafety argues that design improvements introduced early can reduce the likelihood of harm, rather than requiring complex responses later.

Agencies and community services continue to assist those affected by domestic and family violence, offering advice on account security, safe device use and available support services.

The guidance aims to help people take protective measures in a controlled and safe way, while emphasising the importance of accessing professional assistance.

eSafety encourages ongoing cooperation between industry, government and frontline workers to manage risks linked to emerging automotive and digital technologies.

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Quantum money meets Bitcoin: Building unforgeable digital currency

Quantum money might sound like science fiction, yet it is rapidly emerging as one of the most compelling frontiers in modern digital finance. Initially a theoretical concept, it was far ahead of the technology of its time, making practical implementation impossible. Today, thanks to breakthroughs in quantum computing and quantum communication, scientists are reviving the idea, investigating how the principles of quantum physics could finally enable unforgeable quantum digital money. 

Comparisons between blockchain and quantum money are frequent and, on the surface, appear logical, yet can these two visions of new-generation cash genuinely be measured by the same yardstick? 

Origins of quantum money 

Quantum money was first proposed by physicist Stephen Wiesner in the late 1960s. Wiesner envisioned a system in which each banknote would carry quantum particles encoded in specific states, known only to the issuing bank, making the notes inherently secure. 

Due to the peculiarities of quantum mechanics, these quantum states could not be copied, offering a level of security fundamentally impossible with classical systems. At the time, however, quantum technologies were purely theoretical, and devices capable of creating, storing, and accurately measuring delicate quantum states simply did not exist. 

For decades, Wiesner’s idea remained a fascinating thought experiment. Today, the rise of functional quantum computers, advanced photonic systems, and reliable quantum communication networks is breathing new life into the concept, allowing researchers to explore practical applications of quantum money in ways that were once unimaginable.

A new battle for the digital throne is emerging as quantum money shifts from theory to possibility, challenging whether Bitcoin’s decentralised strength can hold its ground in a future shaped by quantum technology.

The no-cloning theorem: The physics that makes quantum money impossible to forge

At the heart of quantum money lies the no-cloning theorem, a cornerstone of quantum mechanics. The principle establishes that it is physically impossible to create an exact copy of an unknown quantum state. Any attempt to measure a quantum state inevitably alters it, meaning that copying or scanning a quantum banknote destroys the very information that ensures its authenticity. 

The unique property makes quantum money exceptionally secure: unlike blockchain, which relies on cryptographic algorithms and distributed consensus, quantum money derives its protection directly from the laws of physics. In theory, a quantum banknote cannot be counterfeited, even by an attacker with unlimited computing resources, which is why quantum money is considered one of the most promising approaches to unforgeable digital currency.

A new battle for the digital throne is emerging as quantum money shifts from theory to possibility, challenging whether Bitcoin’s decentralised strength can hold its ground in a future shaped by quantum technology.

How quantum money works in theory

Quantum money schemes are typically divided into two main types: private and public. 

In private quantum money systems, a central authority- such as a bank- creates quantum banknotes and remains the only entity capable of verifying them. Each note carries a classical serial number alongside a set of quantum states known solely to the issuer. The primary advantage of this approach is its absolute immunity to counterfeiting, as no one outside the issuing institution can replicate the banknote. However, such systems are fully centralised and rely entirely on the security and infrastructure of the issuing bank, which inherently limits scalability and accessibility.

Public quantum money, by contrast, pursues a more ambitious goal: allowing anyone to verify a quantum banknote without consulting a central authority. Developing this level of decentralisation has proven exceptionally difficult. Numerous proposed schemes have been broken by researchers who have managed to extract information without destroying the quantum states. Despite these challenges, public quantum money remains a major focus of quantum cryptography research, with scientists actively pursuing secure and scalable methods for open verification. 

Beyond theoretical appeal, quantum money faces substantial practical hurdles. Quantum states are inherently fragile and susceptible to decoherence, meaning they can lose their information when interacting with the surrounding environment. 

Maintaining stable quantum states demands highly specialised and costly equipment, including photonic processors, quantum memory modules, and sophisticated quantum error-correction systems. Any error or loss could render a quantum banknote completely worthless, and no reliable method currently exists to store these states over long periods. In essence, the concept of quantum money is groundbreaking, yet real-world implementation requires technological advances that are not yet mature enough for mass adoption. 

A new battle for the digital throne is emerging as quantum money shifts from theory to possibility, challenging whether Bitcoin’s decentralised strength can hold its ground in a future shaped by quantum technology.

Bitcoin solves the duplication problem differently

While quantum money relies on the laws of physics to prevent counterfeiting, Bitcoin tackles the duplication problem through cryptography and distributed consensus. Each transaction is verified across thousands of nodes, and SHA-256 hash functions secure the blockchain against double spending without the need for a central authority. 

Unlike elliptic curve cryptography, which could eventually be vulnerable to large-scale quantum attacks, SHA-256 has proven remarkably resilient; even quantum algorithms such as Grover’s offer only a marginal advantage, reducing the search space from 2256 to 2128– still far beyond any realistic brute-force attempt. 

Bitcoin’s security does not hinge on unbreakable mathematics alone but on a combination of decentralisation, network verification, and robust cryptographic design. Many experts therefore consider Bitcoin effectively quantum-proof, with most of the dramatic threats predicted from quantum computers likely to be impossible in practice. 

Software-based and globally accessible, Bitcoin operates independently of specialised hardware, allowing users to send, receive, and verify value anywhere in the world without the fragility and complexity inherent in quantum systems. Furthermore, the network can evolve to adopt post-quantum cryptographic algorithms, ensuring long-term resilience, making Bitcoin arguably the most battle-hardened digital financial instrument in existence. 

A new battle for the digital throne is emerging as quantum money shifts from theory to possibility, challenging whether Bitcoin’s decentralised strength can hold its ground in a future shaped by quantum technology.

Could quantum money be a threat to Bitcoin?

In reality, quantum money and Bitcoin address entirely different challenges, meaning the former is unlikely to replace the latter. Bitcoin operates as a global, decentralised monetary network with established economic rules and governance, while quantum money represents a technological approach to issuing physically unforgeable tokens. Bitcoin is not designed to be physically unclonable; its strength lies in verifiability, decentralisation, and network-wide trust.

However, SHA-256- the hashing algorithm that underpins Bitcoin mining and block creation- remains highly resistant to quantum threats. Quantum computers achieve only a quadratic speed-up through Grover’s algorithm, which is insufficient to break SHA-256 in practical terms. Bitcoin also retains the ability to adopt post-quantum cryptographic standards as they mature, whereas quantum money is limited by rigid physical constraints that are far harder to update.

Quantum money also remains too fragile, complex, and costly for widespread use. Its realistic applications are limited to state institutions, military networks, or highly secure financial environments rather than everyday payments. Bitcoin, by contrast, already benefits from extensive global infrastructure, strong market adoption, and deep liquidity, making it far more practical for daily transactions and long-term digital value transfer. 

A new battle for the digital throne is emerging as quantum money shifts from theory to possibility, challenging whether Bitcoin’s decentralised strength can hold its ground in a future shaped by quantum technology.

Where quantum money and blockchain could coexist

Although fundamentally different, quantum money and blockchain technologies have the potential to complement one another in meaningful ways. Quantum key distribution could strengthen the security of blockchain networks by protecting communication channels from advanced attacks, while quantum-generated randomness may enhance cryptographic protocols used in decentralised systems. 

Researchers have also explored the idea of using ‘quantum tokens’ to provide an additional privacy layer within specialised blockchain applications. Both technologies ultimately aim to deliver secure and verifiable forms of digital value. Their coexistence may offer the most resilient future framework for digital finance, combining the physics-based protection of quantum money with the decentralisation, transparency, and global reach of blockchain technology. 

A new battle for the digital throne is emerging as quantum money shifts from theory to possibility, challenging whether Bitcoin’s decentralised strength can hold its ground in a future shaped by quantum technology.

Quantum physics meets blockchain for the future of secure currency

Quantum money remains a remarkable concept, originally decades ahead of its time, and now revived by advances in quantum computing and quantum communication. Although it promises theoretically unforgeable digital currency, its fragility, technical complexity, and demanding infrastructure make it impractical for large-scale use. 

Bitcoin, by contrast, stands as the most resilient and widely adopted model of decentralised digital money, supported by a mature global network and robust cryptographic foundations. 

Quantum money and Bitcoin stand as twin engines of a new digital finance era, where quantum physics is reshaping value creation, powering blockchain innovation, and driving next-generation fintech solutions for secure and resilient digital currency. 

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Dublin startup raises US$2.5 m to protect AI data with encryption

Mirror Security, founded at University College Dublin, has announced a US$2.5 million (approx. €2.15 million) pre-seed funding round to develop what it describes as the next generation of secure AI infrastructure.

The startup’s core product, VectaX, is a fully homomorphic encryption (FHE) engine designed for AI workloads. This technology allows AI systems to process, train or infer on data that remains encrypted, meaning sensitive or proprietary data never has to be exposed in plaintext, even during computation.

Backed by leading deep-tech investors such as Sure Valley Ventures (SVV) and Atlantic Bridge, Mirror Security plans to scale its engineering and AI-security teams across Ireland, the US and India, accelerate development of encrypted inferencing and secure fine-tuning, and target enterprise markets in the US.

As organisations increasingly adopt AI, often handling sensitive data, Mirror Security argues that conventional security measures (like policy-based controls) fall short. Its encryption native approach aims to provide cryptographic guarantees rather than trust-based assurances, positioning the company as a ‘trust layer’ for the emerging AI economy.

The Irish startup also announced a strategic partnership with Inception AI (a subsidiary of G42) to deploy its full AI security stack across enterprise and government systems. Mirror has also formed collaborations with major technology players including Intel, MongoDB, and others.

From a digital policy and global technology governance perspective, this funding milestone is significant. It underlines how the increasing deployment of AI, especially in enterprise and government contexts, is creating demand for robust, privacy-preserving infrastructure. Mirror Security’s model offers a potential blueprint for how to reconcile AI’s power with data confidentiality, compliance, and sovereignty.

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Apple support scam targets users with real tickets

Cybercriminals are increasingly exploiting Apple’s support system to trick users into surrendering their accounts. Fraudsters open real support tickets in a victim’s name, which triggers official Apple emails and creates a false sense of legitimacy. These messages appear professional, making it difficult for users to detect the scam.

Victims often receive a flood of alerts, including two-factor authentication notifications, followed by phone calls from callers posing as Apple agents. The scammers guide users through steps that appear to secure their accounts, often directing them to convincing fake websites that request sensitive information.

Entering verification codes or following instructions on these fraudulent pages gives attackers access to the account. Even experienced users can fall prey because the emails come from official Apple domains, and the phone calls are carefully scripted to build trust.

Experts recommend checking support tickets directly within your Apple ID account, never sharing verification codes, and reviewing all devices linked to your account. Using antivirus software, activating two-factor authentication, and limiting personal information online further strengthen protection against such sophisticated phishing attacks.

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Singapore and the EU advance their digital partnership

The European Union met Singapore in Brussels for the second Digital Partnership Council, reinforcing a joint ambition to strengthen cooperation across a broad set of digital priorities.

Both sides expressed a shared interest in improving competitiveness, expanding innovation and shaping common approaches to digital rules instead of relying on fragmented national frameworks.

Discussions covered AI, cybersecurity, online safety, data flows, digital identities, semiconductors and quantum technologies.

Officials highlighted the importance of administrative arrangements in AI safety. They explored potential future cooperation on language models, including the EU’s work on the Alliance for Language Technologies and Singapore’s Sea-Lion initiative.

Efforts to protect consumers and support minors online were highlighted, alongside the potential role of age verification tools.

Further exchanges focused on trust services and the interoperability of digital identity systems, as well as collaborative research on semiconductors and quantum technologies.

Both sides emphasised the importance of robust cyber resilience and ongoing evaluation of cybersecurity risks, rather than relying on reactive measures. The recently signed Digital Trade Agreement was welcomed for improving legal certainty, building consumer trust and reducing barriers to digital commerce.

The meeting between the EU and Singapore confirmed the importance of the partnership in supporting economic security, strengthening research capacity and increasing resilience in critical technologies.

It also reflected the wider priorities outlined in the European Commission’s International Digital Strategy, which placed particular emphasis on cooperation with Asian partners across emerging technologies and digital governance.

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Poetic prompts reveal gaps in AI safety, according to study

Researchers in Italy have found that poetic language can weaken the safety barriers used by many leading AI chatbots.

A work by Icaro Lab, part of DexAI, that examined whether poems containing harmful requests could provoke unsafe answers from widely deployed models across the industry. The team wrote twenty poems in English and Italian, each ending with explicit instructions that AI systems are trained to block.

The researchers tested the poems on twenty-five models developed by nine major companies. Poetic prompts produced unsafe responses in more than half of the tests.

Some models appeared more resilient than others. OpenAI’s GPT-5 Nano avoided unsafe replies in every case, while Google’s Gemini 2.5 Pro generated harmful content in all tests. Two Meta systems produced unsafe responses to twenty percent of the poems.

Researchers also argue that poetic structure disrupts the predictive patterns large language models rely on to filter harmful material. The unconventional rhythm and metaphor common in poetry make the underlying safety mechanisms less reliable.

Additionally, the team warned that adversarial poetry can be used by anyone, which raises concerns about how easily safety systems may be manipulated in everyday use.

Before releasing the study, the researchers contacted all companies involved and shared the full dataset with them.

Anthropic confirmed receipt and stated that it was reviewing the findings. The work has prompted debate over how AI systems can be strengthened as creative language becomes an increasingly common method for attempting to bypass safety controls.

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Europol backs major takedown of Cryptomixer in Switzerland

Europol has supported a coordinated action week in Zurich, where Swiss and German authorities dismantled the illegal cryptocurrency mixing service Cryptomixer.

Three servers were seized in Switzerland, together with the cryptomixer.io domain, leading to the confiscation of more than €25 million in Bitcoin and over 12 terabytes of operational data.

Cryptomixer operated on both the clear web and the dark web, enabling cybercriminals to conceal the origins of illicit funds. The platform has mixed over €1.3 billion in Bitcoin since 2016, aiding ransomware groups, dark web markets, and criminals involved in drug trafficking, weapons trafficking, and credit card fraud.

Its randomised pooling system effectively blocked the traceability of funds across the blockchain.

Mixing services, such as Cryptomixer, are used to anonymise illegal funds before moving them to exchanges or converting them into other cryptocurrencies or fiat. The takedown halts further laundering and disrupts a key tool used by organised cybercrime networks.

Europol facilitated information exchange through the Joint Cybercrime Action Taskforce and coordinated operational meetings throughout the investigation. The agency deployed cybercrime specialists on the final day to provide on-site support and forensics.

Earlier efforts included support for the 2023 takedown of Chipmixer, then the largest mixer of its kind.

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Coupang breach prompts scrutiny from South Korean regulators

South Korea is examining a significant data breach at Coupang after the retailer confirmed exposure of personal details linked to millions of users. Officials say the incident involves only domestic accounts. Regulators have opened a formal investigation.

Coupang first reported a small number of affected users, then revised its estimate to 33.7 million. The firm states that the leaked data includes names and contact details. It maintains that passwords and payment information remain secure.

Authorities believe the breach may date back several months and may involve an overseas server. Local media reports suspicion of a former employee in China. Investigators are assessing whether safety rules were breached.

The incident adds to a series of cyberattacks on major firms in South Korea this year. Commentators say repeated lapses point to structural weaknesses. Previous breaches at SK Telecom and Lotte Card remain fresh in public memory.

Coupang has apologised and warned customers to watch for scams using stolen information. Regulators pledge to enforce swiftly if violations are confirmed. The case has reignited debate over corporate safeguards and national cyber resilience.

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