Economic

New multi-stage scams use PDF files to harvest corporate credentials

Phishing continues to succeed despite increasingly sophisticated AI-driven threats, with attackers relying on familiar tools such as PDFs and cloud services. Researchers have identified a new campaign using legitimate-looking documents to redirect victims to credential-harvesting pages impersonating Dropbox.

The attack starts with professional emails framed as procurement or tender requests. When recipients open the attached PDF, they are quietly redirected through trusted cloud infrastructure before reaching a fake Dropbox login page designed to steal corporate credentials.

Each stage appears legitimate in isolation, allowing the campaign to bypass standard filters and authentication checks. Business-style language, reputable hosting platforms, and realistic branding reduce suspicion while exploiting everyday workplace routines.

Security specialists warn that long-standing trust in PDFs and mainstream cloud services has lowered user vigilance. Employees have been conditioned to view these formats as safe, creating opportunities for attackers to weaponise familiar business tools.

Experts say phishing awareness must evolve beyond basic link warnings to reflect modern multi-stage attacks. Alongside training, layered defences such as multi-factor authentication and anomaly detection remain essential for limiting damage.

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Amazon expands AI film production tools as Hollywood trials new systems

The US tech giant, Amazon, is preparing a new phase for its proprietary production tools as the company opens a closed beta that will give selected studios early access to its AI systems.

Developers created the technology inside Amazon MGM Studios to improve character consistency across scenes and speed up work in pre and post-production instead of relying on fragmented processes.

The programme begins in March and is expected to deliver initial outcomes by May. Amazon is working with recognised industry figures such as Robert Stromberg, Kunal Nayyar and former Pixar animator Colin Brady to refine the methods.

The company is also drawing on Amazon Web Services and several external language model providers to strengthen performance.

Executives insist the aim is to assist creative teams rather than remove them from the process. The second season of the series ‘House of David’ already used more than 300 AI-generated shots, showing how the technology can support large-scale productions instead of replacing artistic decision-making.

Industry debate continues to intensify as studios explore new automation methods. Netflix also used generative tools for major scenes in ‘The Eternaut’.

Amazon has repeatedly cited AI progress when announcing staff reductions, which added further concern over the long-term effects on employment and creative roles.

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Tinder tests AI Chemistry feature to cut swipe fatigue and revive engagement

The dating platform is expanding its reliance on AI, with Tinder experimenting with a feature designed to ease swipe fatigue among users.

A tool, known as Chemistry, that builds a picture of each person through optional questions and by reviewing their Camera Roll with permission, offering a more personalised route toward potential matches instead of repetitive browsing.

Match is currently testing the feature only in Australia. Executives say the system allows people to receive a small set of tailored profiles rather than navigating large volumes of candidates.

Tinder hopes the approach will strengthen engagement during a period when registrations and monthly activity remain lower than last year, despite minor improvements driven by AI-based recommendations.

Developers are also refocusing the broader discovery experience to reflect concerns raised by Gen Z around authenticity, trust and relevance.

The platform now relies on verification tools such as Face Check, which Match says cut harmful interactions by more than half instead of leaving users exposed to impersonators.

These moves indicate a shift away from the swipe mechanic that once defined the app, offering more direct suggestions that may improve outcomes.

Marketing investment is set to rise as part of the strategy. Match plans to allocate $50 million to new campaigns that will position Tinder as appealing again, using creators on TikTok and Instagram to reframe the brand.

Strong quarterly revenue failed to offset weaker guidance, yet the company argues that AI features will help shape a more reliable and engaging service for users seeking consistent matches.

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Google issues warning on malware affecting over 40% of Android devices

The US tech giant, Google, has alerted users that more than 40% of Android phones are vulnerable to new malware and spyware due to outdated software. Phones running older versions than Android 13 no longer receive security updates, leaving over a billion users worldwide at risk.

Data shows Android 16 is present on only 7.5% of devices, while versions 15, 14, and 13 still dominate the market.

Slow adoption of updates means many devices remain exposed, even when security patches are available. Google emphasised that outdated phones are particularly unsafe and cannot protect against emerging threats.

Users are advised to upgrade to Android 13 or newer, or purchase a mid-range device that receives regular updates, instead of keeping an old high-end phone without support. Unlike Apple, where most iPhones receive timely updates, older Android devices may never get the necessary security fixes.

The warning highlights the urgent need for users to act immediately to avoid potential data breaches and spyware attacks. Google’s message is clear: using unsupported Android devices is a growing global security concern.

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EU tests Matrix protocol as sovereign alternative for internal communication

The European Commission is testing a European open source system for its internal communications as worries grow in Brussels over deep dependence on US software.

A spokesperson said the administration is preparing a solution built on the Matrix protocol instead of relying solely on Microsoft Teams.

Matrix is already used by several European institutions, including the French government, German healthcare bodies and armed forces across the continent.

The Commission aims to deploy it as a complement and backup to Teams rather than a full replacement. Officials noted that Signal currently fills that role but lacks the flexibility needed for an organisation of the Commission’s size.

The initiative forms part of a wider push for digital sovereignty within the EU. A Matrix-based tool could eventually link the Commission with other Union bodies that currently lack a unified secure communication platform.

Officials said there is already an operational connection with the European Parliament.

The trial reflects growing sensitivity about Europe’s strategic dependence on non-European digital services.

By developing home-grown communication infrastructure instead of leaning on a single foreign supplier, the Commission hopes to build a more resilient and sovereign technological foundation.

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AI rollout gains momentum through UK’s Tech Town initiative

UK policymakers are advancing a national strategy to expand the use of AI across public services and the wider economy. The goal is to improve productivity, education, and service delivery while building public confidence in the practical benefits of AI.

As part of this approach, Barnsley has been designated as the UK’s first ‘Tech Town’. The South Yorkshire town will act as a pilot site and blueprint for how AI can be deployed locally and scaled nationwide.

AI integration in Barnsley will focus on public services such as schools and NHS facilities. These applications are intended to show how the technology can support learning, enhance efficiency, and improve service outcomes.

Alongside deployment, skills development and job creation are central to the initiative. Training schemes and AI-focused roles are expected to build local talent and support the government’s AI Opportunities Action Plan.

Delivery of the programme will rely on collaboration between central government, local authorities, public sector workers, and industry partners. Major technology firms, including Microsoft and Cisco, have indicated support, highlighting the role of public–private cooperation in scaling AI adoption.

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Adobe Firefly unlocks powerful unlimited AI generation in 2026

Adobe has updated its Firefly platform to allow unlimited AI image and video generation for paid subscribers, removing the monthly credit limits that previously capped usage. The move marks a shift toward more flexible access to generative AI tools and is positioned as a way to support high-volume creative workflows.

The update reinforces Firefly’s role as an all-in-one creative AI studio. Users can generate images and videos using Adobe’s own Firefly models alongside third-party AI models, bringing multiple generation tools into a single platform.

Unlimited generation is available across the Firefly ecosystem, including the web interface, mobile apps, Firefly Boards, and the browser-based video editor. This expanded access supports collaboration and end-to-end content creation, from ideation to final editing.

The offer applies to Firefly Pro and Firefly Premium subscribers, including plans that previously operated under monthly credit limits. Users who sign up before March 16 will have access to unlimited image and video generation, with video output supported up to 2K resolution.

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Under 16 social media ban proposed in Spain

Spain is preparing legislation to ban social media access for users under 16, with the proposal expected to be introduced within days. Prime Minister Pedro Sánchez framed the move as a child-protection measure aimed at reducing exposure to harmful online environments.

Government plans include mandatory age-verification systems for platforms, designed to serve as practical barriers rather than symbolic safeguards. Officials argue that minors face escalating risks online, including addiction, exploitation, violent content, and manipulation.

Additional provisions could hold technology executives legally accountable for unlawful or hateful content that remains online. The proposal reflects a broader regulatory shift toward platform responsibility and stricter enforcement standards.

Momentum for youth restrictions is building across Europe. France and Denmark are pursuing similar controls, while the EU Digital Services Act guidelines allow member states to define a national ‘digital majority age’.

The European Commission is also testing an age verification app, with wider deployment expected next year.

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Crypto market sheds $500 billion in sell-off

Roughly $500 billion has been wiped from the cryptocurrency market over the past week as a Bitcoin-led sell-off accelerated. Total digital asset capitalisation fell by about $467.6 billion since 29 January, reflecting broad risk-off sentiment across global markets.

Bitcoin briefly dropped to a 15-month low of $72,877 before rebounding 1.31% to $76,681.72. The asset remains down 13% year-to-date and nearly 39% below its October peak above $126,000, underscoring sustained selling pressure.

Macro forces are driving the downturn. Escalating US-Iran tensions pushed capital toward traditional safe havens, while currency shifts, interest rate differentials, and tightening liquidity conditions weighed on leverage and stablecoin flows.

Analysts say the decline reflects positioning resets and broader market nervousness rather than a single catalyst.

Near-term outlook remains cautious. Liquidation pressure persists, though key structural supports continue to hold. Technical analysts identify $73,000 as critical downside support, while reclaiming the $77,500–78,000 range would be needed to restore bullish momentum.

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Malaysia enforces a total ban on e-waste imports after corruption probe

Authorities have imposed a full and immediate ban on the import of electronic waste in Malaysia to end the long-standing practice of foreign dumping.

The Anti-Corruption Commission reclassified all e-waste as an absolute prohibition, removing the earlier discretion that allowed limited exemptions. Officials argue that the country should protect its environment rather than accept hazardous materials from other nations.

Authorities have spent years intercepting containers loaded with discarded electronics suspected to contain toxic metals that contaminate soil and water when mishandled.

Environmental groups have repeatedly urged stronger controls, noting that waste from computers, mobile phones and household appliances poses severe risks to human health. The government now insists that firm enforcement must accompany the new restrictions to prevent continued smuggling.

The decision comes amid a widening corruption inquiry into oversight of e-waste. The director-general of the environment department and his deputy have been detained on suspicion of abuse of power. At the same time, investigators have frozen bank accounts and seized cash linked to the case.

The Home Ministry has pledged increased surveillance and warned that Malaysia will safeguard its national security by stopping illegal e-waste at its borders.

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