Cybercrime

AI-driven cybercrime rises across Asia

Cybersecurity experts met in Dubai for the World Economic Forum’s Annual Global Future Councils and Cybersecurity meetings. More than 500 participants, including 150 top cybersecurity leaders, discussed how emerging technologies such as AI are reshaping digital security.

UAE officials highlighted the importance of resilience, trust and secure infrastructure as fundamental to future prosperity. Sessions examined how geopolitical shifts and technological advances are changing the cyber landscape and stressed the need for coordinated global action.

AI-driven cybercrime is rising sharply in Japan, with criminals exploiting advanced technology to scale attacks and target data. Recent incidents include a cyber attack on Asahi Breweries, which temporarily halted production at its domestic factories.

Authorities are calling for stronger cross-border collaboration and improved cybersecurity measures, while Japan’s new Prime Minister, Sanae Takaichi, pledged to enhance cooperation on AI and cybersecurity with regional partners.

Significant global developments include the signing of the first UN cybercrime treaty by 65 nations in Viet Nam, establishing a framework for international cooperation, rapid-response networks and stronger legal protections.

High-profile cyber incidents in the UK, including attacks on Jaguar Land Rover and a nursery chain, have highlighted the growing economic and social costs of cybercrime. These events are prompting calls for businesses to prioritise cyber resilience.

Experts warn that technology is evolving faster than cyber defences, leaving small businesses and less developed regions highly vulnerable. Integrating AI, automation and proactive security strategies is seen as essential to protect organizations and ensure global digital stability.

Cyber resilience is increasingly recognised not just as an IT issue but as a strategic imperative for economic and national security.

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Global alliance strengthens response to crypto crime

Global experts are stepping up efforts to combat the misuse of cryptocurrencies as criminal networks become increasingly sophisticated.

The 9th Global Conference on Criminal Finances and Cryptoassets was held in Vienna and co-organised by Europol, the UNODC and the Basel Institute on Governance. The event brought together over 250 participants and 1,000 online attendees to discuss how to strengthen the global response.

Delegates emphasised the need for unified standards, stronger cooperation and greater investment in training to tackle the evolving threats posed by crypto-enabled crime.

Speakers warned that blockchain misuse has expanded beyond scams to include terrorism financing, sanctions evasion and organised money laundering. Europol’s Burkhard Mühl said tackling these complex crimes needs greater innovation and collaboration.

Advanced tracing tools and successful cross-border operations demonstrate progress, yet significant legislative and capacity gaps remain.

Participants urged harmonised standards and quicker information sharing between financial institutions and virtual asset providers. The Wolfsberg Group noted that private sector collaboration is as vital as public partnerships in disrupting illicit crypto activity.

Building capacity through hands-on training and peer learning was also identified as a priority. According to Elizabeth Andersen of the Basel Institute, equipping agencies with the skills to trace and recover illicit assets can transform how nations respond to crypto-related crime.

Experts agreed that continued dialogue, shared expertise and consistent standards are key to ensuring innovation in blockchain benefits society rather than enabling criminal networks.

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Humanoid robots set to power Foxconn’s new Nvidia server plant in Houston

Foxconn will add humanoid robots to a new Houston plant building Nvidia AI servers from early 2026. Announced at Nvidia’s developer conference, the move deepens their partnership and positions the site as a US showcase for AI-driven manufacturing.

Humanoid systems based on Nvidia’s Isaac GR00T N are built to perceive parts, adapt on the line, and work with people. Unlike fixed industrial arms, they handle delicate assembly and switch tasks via software updates. Goals include flexible throughput, faster retooling, and fewer stoppages.

AI models are trained in simulation using digital twins and reinforcement learning to improve accuracy and safety. On the line, robots self-tune as analytics predict maintenance and balance workloads, unlocking gains across logistics, assembly, testing, and quality control.

Texas, US, offers proximity to a growing semiconductor and AI cluster, as well as policy support for domestic capacity. Foxconn also plans expansions in Wisconsin and California to meet global demand for AI servers. Scaling output should ease supply pressures around Nvidia-class compute in data centres.

Job roles will shift as routine tasks automate and oversight becomes data-driven. Human workers focus on design, line configuration, and AI supervision, with safety gates for collaboration. Analysts see a template for Industry 4.0 factories running near-continuously with rapid changeovers.

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Alliance science pact lifts US–Korea cooperation on AI, quantum, 6G, and space

The United States and South Korea agreed on a broad science and technology memorandum to deepen alliance ties and bolster Indo-Pacific stability. The non-binding pact aims to accelerate innovation while protecting critical capabilities. Both sides cast it as groundwork for a new Golden Age of Innovation.

AI sits at the centre. Plans include pro-innovation policy alignment, trusted exports across the stack, AI-ready datasets, safety standards, and enforcement of compute protection. Joint metrology and standards work links the US Center for AI Standards and Innovation with the AI Safety Institute of South Korea.

Trusted technology leadership extends beyond AI. The memorandum outlines shared research security, capacity building for universities and industry, and joint threat analysis. Telecommunications cooperation targets interoperable 6G supply chains and coordinated standards activity with industry partners.

Quantum and basic research are priority growth areas. Participants plan interoperable quantum standards, stronger institutional partnerships, and secured supply chains. Larger projects and STEM exchanges aim to widen collaboration, supported by shared roadmaps and engagement in global consortia.

Space cooperation continues across civil and exploration programmes. Strands include Artemis contributions, a Korean cubesat rideshare on Artemis II, and Commercial Lunar Payload Services. The Korea Positioning System will be developed for maximum interoperability with GPS.

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Spot the red flags of AI-enabled scams, says California DFPI

The California Department of Financial Protection & Innovation (DFPI) has warned that criminals are weaponising AI to scam consumers. Deepfakes, cloned voices, and slick messages mimic trusted people and exploit urgency. Learning the new warning signs cuts risk quickly.

Imposter deepfakes and romance ruses often begin with perfect profiles or familiar voices pushing you to pay or invest. Grandparent scams use cloned audio in fake emergencies; agree a family passphrase and verify on a separate channel. Influencers may flaunt fabricated credentials and followers.

Automated attacks now use AI to sidestep basic defences and steal passwords or card details. Reduce exposure with two-factor authentication, regular updates, and a reputable password manager. Pause before clicking unexpected links or attachments, even from known names.

Investment frauds increasingly tout vague ‘AI-powered’ returns while simulating growth and testimonials, then blocking withdrawals. Beware guarantees of no risk, artificial deadlines, unsolicited messages, and recruit-to-earn offers. Research independently and verify registrations before sending money.

DFPI advises careful verification before acting. Confirm identities through trusted channels, refuse to move money under pressure, and secure devices. Report suspicious activity promptly; smart habits remain the best defence.

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Europol urges coordinated EU action against caller ID spoofing

Europol calls for a Europe-wide response to caller ID spoofing, which criminals use to impersonate trusted numbers and commit fraud. The practice causes significant harm, with an estimated €850 million lost yearly.

Organised networks now run ‘spoofing as a service’, impersonating banks, authorities or family members, and even staging so-called swatting incidents by making false emergency calls from a victim’s address. Operating across borders, these groups exploit jurisdictional gaps to avoid detection and prosecution.

A Europol survey across 23 countries found major obstacles to implementing anti-spoofing measures, leaving around 400 million vulnerable to these scams.

Law enforcement said weak cooperation with telecom operators, fragmented rules and limited technical tools to identify and block spoofed traffic hinder an adequate response.

Europol has put forward several priorities, including setting up EU-wide technical standards to verify caller IDs and trace fraudulent calls, stronger cross-border cooperation among authorities and industry, and regulatory convergence to enable lawful tracing.

The proposals, aligned with the ProtectEU strategy, aim to harden networks while anticipating evolving scammers’ tactics such as SIM-based scams, anonymous prepaid services and smishing (fraud via fake text messages).

Brussels has begun a phishing awareness campaign alongside enforcement to help users spot and report scams.

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Poland indicts former deputy justice minister in Pegasus spyware case

Poland’s former deputy justice minister, Michał Woś, has been indicted for allegedly authorising the transfer of $6.9 million from a fund intended for crime victims to a government office that later used the money to purchase commercial spyware.

Prosecutors claim the transfer took place in 2017. If convicted, Woś could face up to 10 years in prison.

The indictment is part of a broader investigation into the use of Pegasus, spyware developed by Israel’s NSO Group, in Poland between 2017 and 2022. The software was reportedly deployed against opposition politicians during that period.

In April 2024, Prime Minister Donald Tusk announced that nearly 600 individuals in Poland had been targeted with Pegasus under the previous Law and Justice (PiS) government, of which Woś is a member.

Responding on social media, Woś defended the purchase, writing that Pegasus was used to fight crime, and “that Prime Minister Tusk and Justice Minister Waldemar Żurek oppose such equipment is not surprising—just as criminals dislike the police, those involved in wrongdoing dislike crime detection tools.”

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Deepfake videos raises environmental worries

Deepfake videos powered by AI are spreading across social media at an unprecedented pace, but their popularity carries a hidden environmental cost.

Creating realistic AI videos depends on vast data centres that consume enormous amounts of electricity and use fresh water to cool powerful servers. Each clip quietly produced adds to the rising energy demand and increasing pressure on local water supplies.

Apps such as Sora have made generating these videos almost effortless, resulting in millions of downloads and a constant stream of new content. Users are being urged to consider how frequently they produce and share such media, given the heavy energy and water footprint behind every video.

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Italian political elite targeted in hacking scandal using stolen state data

Italian authorities have uncovered a vast hacking operation that built detailed dossiers on politicians and business leaders using data siphoned from state databases. Prosecutors say the group, operating under the name Equalize, tried to use the information to manipulate Italy’s political class.

The network, allegedly led by former police inspector Carmine Gallo, businessman Enrico Pazzali and cybersecurity expert Samuele Calamucci, created a system called Beyond to compile thousands of records from state systems, including confidential financial and criminal records.

Police wiretaps captured suspects boasting they could operate all over Italy. Targets included senior officials such as former Prime Minister Matteo Renzi and the president of the Senate Ignazio La Russa.

Investigators say the gang presented itself as a corporate intelligence firm while illegally accessing phones, computers and government databases. The group allegedly sold reputational dossiers to clients, including major firms such as Eni, Barilla and Heineken, which have all denied wrongdoing or said they were unaware of any illegal activity.

The probe began when police monitoring a northern Italian gangster uncovered links to Gallo. Gallo, who helped solve cases including the 1995 murder of Maurizio Gucci, leveraged contacts in law enforcement and intelligence to arrange unlawful data searches for Equalize.

The operation collapsed in autumn 2024, with four arrests and dozens questioned. After months of questioning and plea bargaining, 15 defendants are due to enter pleas this month. Officials warn the case shows how hackers can weaponise state data, calling it ‘a real and actual attack on democracy’.

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UN cybercrime treaty signed in Hanoi amid rights concerns

Around 60 countries signed a landmark UN cybercrime convention in Hanoi, seeking faster cooperation against online crime. Leaders cited trillions in annual losses from scams, ransomware, and trafficking. The pact enters into force after 40 ratifications.

UN supporters say the treaty will streamline evidence sharing, extradition requests, and joint investigations. Provisions target phishing, ransomware, online exploitation, and hate speech. Backers frame the deal as a boost to global security.

Critics warn the text’s breadth could criminalise security research and dissent. The Cybersecurity Tech Accord called it a surveillance treaty. Activists fear expansive data sharing with weak safeguards.

The UNODC argues the agreement includes rights protections and space for legitimate research. Officials say oversight and due process remain essential. Implementation choices will decide outcomes on the ground.

The EU, Canada, and Russia signed in Hanoi, underscoring geopolitical buy-in. Vietnam, being the host, drew scrutiny over censorship and arrests. Officials there cast the treaty as a step toward resilience and stature.

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