Central Bank warns of new financial scams in Ireland

The Central Bank of Ireland has launched a new campaign to alert consumers to increasingly sophisticated scams targeting financial services users. Officials warned that scammers are adapting, making caution essential with online offers and investments.

Scammers are now using tactics such as fake comparison websites that appear legitimate but collect personal information for fraudulent products or services. Fraud recovery schemes are also common, promising to recover lost funds for an upfront fee, which often leads to further financial loss.

Advanced techniques include AI-generated social media profiles and ads, or ‘deepfakes’, impersonating public figures to promote fake investment platforms.

Deputy Governor Colm Kincaid warned that scams now offer slightly above-market returns, making them harder to spot. Consumers are encouraged to verify information, use regulated service providers, and seek regulated advice before making financial decisions.

The Central Bank advises using trusted comparison sites, checking ads and investment platforms, ignoring unsolicited recovery offers, and following the SAFE test: Stop, Assess, Factcheck, Expose. Reporting suspected scams to the Central Bank or An Garda Síochána remains crucial to protecting personal finances.

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Inside the rise and fall of a cybercrime kingpin

Ukrainian hacker Vyacheslav Penchukov, once known online as ‘Tank’, climbed from gaming forums in Donetsk to the top of the global cybercrime scene. As leader of the notorious Jabber Zeus and later Evil Corp affiliates, he helped steal tens of millions from banks, charities and businesses around the world while remaining on the FBI Most Wanted list for nearly a decade.

After years on the run, he was dramatically arrested in Switzerland in 2022 and is now serving time in a Colorado prison. In a rare interview, Penchukov revealed how cybercrime evolved from simple bank theft to organised ransomware targeting hospitals and major corporations. He admits paranoia became his constant companion, as betrayal within hacker circles led to his downfall.

Today, the former cyber kingpin spends his sentence studying languages and reflecting on the empire he built and lost. While he shows little remorse for his victims, his story offers a rare glimpse into the hidden networks that fuel global hacking and the blurred line between ambition and destruction.

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Anthropic strengthens European growth through Paris and Munich offices

AI firm Anthropic is expanding its European presence by opening new offices in Paris and Munich, strengthening its footprint alongside existing hubs in London, Dublin, and Zurich.

An expansion that follows rapid growth across the EMEA region, where the company has tripled its workforce and seen a ninefold increase in annual run-rate revenue.

The move comes as European businesses increasingly rely on Claude for critical enterprise tasks. Companies such as L’Oréal, BMW, SAP, and Sanofi are using the AI model to enhance software, improve workflows, and ensure operational reliability.

Germany and France, both among the top 20 countries in Claude usage per capita, are now at the centre to Anthropic’s strategic expansion.

Anthropic is also strengthening its leadership team across Europe. Guillaume Princen will oversee startups and digital-native businesses, while Pip White and Thomas Remy will lead the northern and southern EMEA regions, respectively.

A new head will soon be announced for Central and Eastern Europe, reflecting the company’s growing regional reach.

Beyond commercial goals, Anthropic is partnering with European institutions to promote AI education and culture. It collaborates with the Light Art Space in Berlin, supports student hackathons through TUM.ai, and works with the French organisation Unaite to advance developer training.

These partnerships reinforce Anthropic’s long-term commitment to responsible AI growth across the continent.

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Meta invests $600 billion to expand AI data centres across the US

A $600 billion investment aimed at boosting innovation, job creation, and sustainability is being launched in the US by Meta to expand its AI infrastructure.

Instead of outsourcing development, the company is building its new generation of AI data centres domestically, reinforcing America’s leadership in technology and supporting local economies.

Since 2010, Meta’s data centre projects have supported more than 30,000 skilled trade jobs and 5,000 operational roles, generating $20 billion in business for US subcontractors. These facilities are designed to power Meta’s AI ambitions while driving regional economic growth.

The company emphasises responsible development by investing heavily in renewable energy and water efficiency. Its projects have added 15 gigawatts of new energy to US power grids, upgraded local infrastructure, and helped restore water systems in surrounding communities.

Meta aims to become fully water positive by 2030.

Beyond infrastructure, Meta has channelled $58 million into community grants for schools, nonprofits, and local initiatives, including STEM education and veteran training programmes.

As AI grows increasingly central to digital progress, Meta’s continued investment in sustainable, community-focused data centres underscores its vision for a connected, intelligent future built within the US.

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Inside OpenAI’s battle to protect AI from prompt injection attacks

OpenAI has identified prompt injection as one of the most pressing new challenges in AI security. As AI systems gain the ability to browse the web, handle personal data and act on users’ behalf, they become targets for malicious instructions hidden within online content.

These attacks, known as prompt injections, can trick AI models into taking unintended actions or revealing sensitive information.

To counter the issue, OpenAI has adopted a multi-layered defence strategy that combines safety training, automated monitoring and system-level security protections. The company’s research into ‘Instruction Hierarchy’ aims to help models distinguish between trusted and untrusted commands.

Continuous red-teaming and automated detection systems further strengthen resilience against evolving threats.

OpenAI also provides users with greater control, featuring built-in safeguards such as approval prompts before sensitive actions, sandboxing for code execution, and ‘Watch Mode’ when operating on financial or confidential sites.

These measures ensure that users remain aware of what actions AI agents perform on their behalf.

While prompt injection remains a developing risk, OpenAI expects adversaries to devote significant resources to exploiting it. The company continues to invest in research and transparency, aiming to make AI systems as secure and trustworthy as a cautious, well-informed human colleague.

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A €358 million EU investment strengthens the clean energy transition

The EU has announced more than €358 million in new funding for 132 environmental and climate projects under the LIFE Programme.

The investment covers over half of the total €536 million required, with the remainder coming from national and local governments, private partners and civil society.

A project that will advance the transition of the EU to a clean, circular and climate-resilient economy while supporting biodiversity, competitiveness and long-term climate neutrality.

Funding includes €147 million for nature and biodiversity, €76 million for circular economy initiatives, €58 million for climate resilience and €77 million for clean energy transition projects.

Examples include habitat restoration in Sweden and Poland, sustainable farming in France, and renewable energy training in France’s new LIFE SUNACADEMY. Other projects will tackle pollution, restore peatlands, and modernise energy systems across Europe, from rural communities to remote islands.

Since its launch in 1992, the LIFE Programme has co-financed over 6,500 projects that support environmental innovation and sustainability.

The current programme runs until 2027 with a total budget of €5.43 billion, managed by the European Climate Infrastructure and Environment Executive Agency (CINEA).

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Washington Post confirms hit in Oracle-linked Cl0p hacking spree

The Washington Post said it was affected by a wider breach tied to Oracle’s E-Business Suite, joining a growing list of victims. The vulnerability was reportedly exploited by the Cl0p ransomware gang, which demands payment from victims in exchange for not leaking stolen files.

Oracle, a major enterprise software provider, disclosed in October that a zero-day flaw in its E-Business Suite had been exploited over the summer. Google also warned that Oracle systems were being targeted in what appeared to be a broader wave of data theft attempts. An initial emergency patch on 2 October failed, and a second critical fix on 11 October left customers exposed for days.

Cl0p’s campaign has already hit high-profile targets including Harvard University, Envoy Air, DXC Technology and Chicago Public Schools. The group, active since at least 2019, previously abused MOVEit, GoAnywhere and Cleo file-transfer tools.

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India’s AI roadmap could add $500 billion to economy by 2035

According to the Business Software Alliance, India could add over $500 billion to its economy by 2035 through the widespread adoption of AI.

At the BSA AI Pre-Summit Forum in Delhi, the group unveiled its ‘Enterprise AI Adoption Agenda for India’, which aligns with the goals of the India–AI Impact Summit 2026 and the government’s vision for a digitally advanced economy by 2047.

The agenda outlines a comprehensive policy framework across three main areas: talent and workforce, infrastructure and data, and governance.

It recommends expanding AI training through national academies, fostering industry–government partnerships, and establishing innovation hubs with global companies to strengthen talent pipelines.

BSA also urged greater government use of AI tools, reforms to data laws, and the adoption of open industry standards for content authentication. It called for coordinated governance measures to ensure responsible AI use, particularly under the Digital Personal Data Protection Act.

BSA has introduced similar policy roadmaps in other major markets, apart from India, including the US, Japan, and ASEAN countries, as part of its global effort to promote trusted and inclusive AI adoption.

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Spain receives EU approval for €700 million cleantech manufacturing scheme

The European Commission has approved a €700 million Spanish plan to expand clean technology manufacturing capacity in line with the Clean Industrial Deal. The measure supports strategic investments that will boost Spain’s role in the EU’s transition towards a net-zero economy.

A scheme that provides direct grants for projects that add production capacity in net-zero technologies and their key components.

Open to companies across Spain until 2028, the initiative aims to strengthen competitiveness and reduce dependence on imported fossil fuels while advancing renewable energy, hydrogen, and decarbonisation technologies.

Executive Vice-President Teresa Ribera stated that the plan will enhance sustainability and industrial growth while maintaining fair market conditions.

An approval that follows the Clean Industrial Deal State Aid Framework, which enables member states to accelerate the rollout of clean technologies and manufacturing across the EU.

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Telia and Ericsson launch revolutionary 5G partnership in Nordics and Baltics

Telia Company has extended its long-term partnership with Ericsson for another four years across Sweden, Norway, Lithuania, and Estonia.

Through this renewed agreement, both companies aim to enhance mobile network speed, capacity, and coverage, while also future-proofing Telia’s infrastructure against evolving technological demands.

Moreover, the collaboration aims to boost innovation across various sectors, including manufacturing, logistics, healthcare, and defence, by utilising Ericsson’s advanced RAN to enhance Telia’s autonomous networks and mission-critical communications.

In addition, Telia’s CTO emphasised that the partnership will keep the region at the forefront of digital innovation. At the same time, Ericsson noted that it will enhance security and create new business opportunities.

In Sweden, the partnership has built the nation’s top-rated network, boasting 99.9% 5G coverage. New projects, such as 5G train routes and the NorthStar Program with the Armed Forces, are advancing defence and transport innovation.

Similarly, in Norway, the partnership covers nearly 99% of the population, with mmWave tests reaching 4Gbps, enabling new experiences for enterprises, gaming, and stadiums.

Meanwhile, in Lithuania, network upgrades with Ericsson reach 95% 5G coverage, strengthening its 5G leadership and supporting energy-efficient operations in key sectors.

Finally, in Estonia, Telia and Ericsson’s private 5G drives industrial innovation, with 95.7% coverage, positioning the country as a regional leader in automation and smart connectivity.

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