BT report shows rise in cyber attacks on UK small firms

A BT report has found that 42% of small businesses in the UK suffered a cyberattack in the past year. The study also revealed that 67% of medium-sized firms were targeted, while many lacked basic security measures or staff training.

Phishing was named the most common threat, hitting 85% of businesses in the UK, and ransomware incidents have more than doubled. BT’s new training programme aims to help SMEs take practical steps to reduce risks, covering topics like AI threats, account takeovers and QR code scams.

Tris Morgan from BT highlighted that SMEs face serious risks from cyber attacks, which could threaten their survival. He stressed that security is a necessary foundation and can be achieved without vast resources.

The report follows wider warnings on AI-enabled cyber threats, with other studies showing that few firms feel prepared for these risks. BT’s training is part of its mission to help businesses grow confidently despite digital dangers.

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EU may ease restrictions on foreign stablecoins

The European Commission is reportedly preparing new guidance to ease restrictions on foreign-issued stablecoins such as USDC and USDT. Under the plan, these tokens would match EU-registered versions, removing a key barrier to broader use in Europe’s financial system.

The shift comes despite strong objections from the European Central Bank, which has repeatedly warned that unrestrained access to foreign stablecoins could destabilise the eurozone.

ECB President Christine Lagarde has voiced concerns over capital outflows and a potential erosion of monetary control, urging tighter oversight of stablecoin issuers.

The EU’s MiCA regulation requires issuers to maintain reserves in European banks and uphold euro-based redemption rights. The changes would exempt some dollar-backed tokens under the EU oversight, bringing rules closer to those in the US and Asia.

The Financial Times reports that the move aims to prevent the EU from becoming a ‘flyover zone’ in global crypto adoption. Officials are considering compromises, including giving national regulators more discretion in assessing risks tied to foreign stablecoins.

If adopted, the plan could increase the dollar’s influence in Europe’s digital economy while positioning the EU as a more attractive crypto hub.

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Irish businesses face cybersecurity reality check

Most Irish businesses believe they are well protected from cyberattacks, yet many neglect essential defences. Research from Gallagher shows most firms do not update software regularly or back up data as needed.

The survey of 300 companies found almost two-thirds of Irish firms feel very secure, with another 28 percent feeling quite safe. Despite this, nearly six in ten fail to apply software updates, leaving systems vulnerable to attacks.

Cybersecurity training is provided by just four in ten Irish organisations, even though it is one of the most effective safeguards. Gallagher warns that overconfidence may lead to complacency, putting businesses at risk of disruption and financial loss.

Laura Vickers of Gallagher stressed the importance of basic measures like updates and data backups to prevent serious breaches. With four in ten Irish companies suffering attacks in the past five years, firms are urged to match confidence with action.

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Major South Korean banks plan won-based stablecoin

The top eight South Korean banks are forming a joint venture to issue a won-pegged stablecoin to cut reliance on foreign digital currencies. Backed by the Financial Supervisory Service and blockchain groups, the move marks the country’s first joint entry into the digital asset market.

The launch is expected by late 2025 or early 2026, pending regulatory approval.

The group is weighing two issuance models: a trust-based system where customer funds are segregated and a deposit token model that links digital tokens to bank liabilities on a 1:1 basis. The stablecoin will comply with South Korea’s proposed Digital Asset Act.

Although separate from the central bank’s CBDC project, the token could connect to national systems later. Planned use includes domestic payments, cross-border transfers, and Web3 services. Legal clarity and public trust are essential for the project’s success.

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Internet Governance Forum marks 20 years of reshaping global digital policy

The 2025 Internet Governance Forum (IGF), held in Norway, offered a deep and wide-ranging reflection on the IGF’s 20-year journey in shaping digital governance and its prospects for the future.

Bringing together voices from governments, civil society, the technical community, business, and academia, the session celebrated the IGF’s unique role in institutionalising a multistakeholder approach to internet policymaking, particularly through inclusive and non-binding dialogue.

Moderated by Avri Doria, who has been with the IGF since its inception, the session focused on how the forum has influenced individuals, governments, and institutions across the globe. Doria described the IGF as a critical learning platform and a ‘home for evolving objectives’ that has helped connect people with vastly different viewpoints over the decades.

Professor Bitange Ndemo, Ambassador of Kenya to the European Union, reflected on his early scepticism, admitting that stakeholder consultation initially felt ‘painful’ for policymakers unfamiliar with collaborative approaches.

Over time, however, it proved ‘much, much easier’ for implementation and policy acceptance. ‘Thank God it went the IGF way,’ he said, emphasising how early IGF discussions guided Kenya and much of Africa in building digital infrastructure from the ground up.

Hans Petter Holen, Managing Director of RIPE NCC, underlined the importance of the IGF as a space where ‘technical realities meet policy aspirations’. He called for a permanent IGF mandate, stressing that uncertainty over its future limits its ability to shape digital governance effectively.

Renata Mielli, Chair of the Internet Steering Committee of Brazil (CGI.br), spoke about how IGF-inspired dialogue was key to shaping Brazil’s Internet Civil Rights Framework and Data Protection Law. ‘We are not talking about an event or a body, but an ecosystem,’ she said, advocating for the IGF to become the focal point for implementing the UN Global Digital Compact.

Funke Opeke, founder of MainOne in Nigeria, credited the IGF with helping drive West Africa’s digital transformation. ‘When we launched our submarine cable in 2010, penetration was close to 10%. Now it’s near 50%,’ she noted, urging continued support for inclusion and access in the Global South.

Qusai Al Shatti, from the Arab IGF, highlighted how the forum helped embed multistakeholder dialogue into governance across the Arab world, calling the IGF ‘the most successful outcome of WSIS‘.

From the civil society perspective, Chat Garcia Ramilo of the Association for Progressive Communications (APC) described the IGF as a platform to listen deeply, to speak, and, more importantly, to act’. She stressed the forum’s role in amplifying marginalised voices and pushing human rights and gender issues to the forefront of global internet policy.

Luca Belli of FGV Law School in Brazil echoed the need for better visibility of the IGF’s successes. Despite running four dynamic coalitions, he expressed frustration that many contributions go unnoticed. ‘We’re not good at celebrating success,’ he remarked.

Isabelle Lois, Vice Chair of the UN Commission on Science and Technology for Development (CSTD), emphasised the need to ‘connect the IGF to the wider WSIS architecture’ and ensure its outcomes influence broader UN digital frameworks.

Other voices joined online and from the floor, including Dr Robinson Sibbe of Digital Footprints Nigeria, who praised the IGF for contextualising cybersecurity challenges, and Emily Taylor, a UK researcher, who noted that the IGF had helped lay the groundwork for key initiatives like the IANA transition and the proliferation of internet exchange points across Africa.

Youth participants like Jasmine Maffei from Hong Kong and Piu from Myanmar stressed the IGF’s openness and accessibility. They called for their voices to be formally recognised within the multistakeholder model.

Veteran internet governance leader Markus Kummer reminded the room that the IGF’s ability to build trust and foster dialogue across divides enabled global cooperation during crucial events like the IANA transition.

Despite the celebratory tone, speakers repeatedly stressed three urgent needs: a permanent IGF mandate, stronger integration with global digital governance efforts such as the WSIS and Global Digital Compact, and broader inclusion of youth and underrepresented regions.

As the forum entered its third decade, many speakers agreed that the IGF’s legacy lies in its meetings or declarations and the relationships, trust, and governance culture it has helped create. The message from Norway was clear: in a fragmented and rapidly changing digital world, the IGF is more vital than ever—and its future must be secured.

Track all key moments from the Internet Governance Forum 2025 on our dedicated IGF page.

EU urged to pause AI act rollout

The digital sector is urging the EU leaders to delay the AI act, citing missing guidance and legal uncertainty. Industry group CCIA Europe warns that pressing ahead could damage AI innovation and stall the bloc’s economic ambitions.

The AI Act’s rules for general-purpose AI models are set to apply in August, but key frameworks are incomplete. Concerns have grown as the European Commission risks missing deadlines while the region seeks a €3.4 trillion AI-driven economic boost by 2030.

CCIA Europe calls for the EU heads of state to instruct a pause on implementation to ensure companies have time to comply. Such a delay would allow final standards to be established, offering developers clarity and supporting AI competitiveness.

Failure to adjust the timeline could leave Europe struggling to lead in AI, according to CCIA Europe’s leadership. A rushed approach, they argue, risks harming the very innovation the AI Act aims to promote.

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Infosys chairman warns of global risks from tariffs and AI

Infosys chairman Nandan Nilekani has warned of mounting global uncertainty driven by tariff wars, AI and the ongoing energy transition.

At the company’s 44th annual general meeting, he urged businesses to de-risk sourcing and diversify supply chains as geopolitical trade tensions reshape global commerce.

He described a ‘perfect storm’ of converging challenges pushing the world away from a single global market and towards fragmented trade blocs. As firms navigate the shift, they must choose between regions and adopt more strategic, resilient supply networks.

Addressing AI, Nilekani acknowledged the disruption it may bring to the workforce but framed it as an opportunity for digital transformation. He said Infosys is investing in both ‘AI foundries’ for innovation and ‘AI factories’ for scale, with over 275,000 employees already trained in AI technologies.

Energy transition was also flagged as a significant uncertainty, as the future depends on breakthroughs in renewable sources like solar, wind and hydrogen. Nilekani stressed that all businesses now face rapid technological and operational change before they can progress confidently into an unpredictable future.

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Google releases free Gemini CLI tool for developers

Google has introduced Gemini CLI, a free, open-source AI tool that connects developers directly to its Gemini AI models. The new agentic utility allows developers to request debugging, generate code, and run commands using natural language within their terminal environment.

Built as a lightweight interface, Gemini CLI provides a streamlined way to interact with Gemini. While its coding features stand out, Google says the tool handles content creation, deep research, and complex task management across various workflows.

Gemini CLI uses Gemini 2.5 Pro for coding and reasoning tasks by default. Still, it can also connect to other AI models, such as Imagen and Veo, for image and video generation. It supports the Model Context Protocol (MCP) and integrates with Gemini Code Assist.

Moreover, the tool is available on Windows, MacOS, and Linux, offering developers a free usage tier. Access through Vertex AI or AI Studio is available on a pay-as-you-go basis for advanced setups involving multiple agents or custom models.

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Meta wins copyright case over AI training

Meta has won a copyright lawsuit brought by a group of authors who accused the company of using their books without permission to train its Llama generative AI.

A US federal judge in San Francisco ruled the AI training was ‘transformative’ enough to qualify as fair use under copyright law.

Judge Vince Chhabria noted, however, that future claims could be more successful. He warned that using copyrighted books to build tools capable of flooding the market with competing works may not always be protected by fair use, especially when such tools generate vast profits.

The case involved pirated copies of books, including Sarah Silverman’s memoir ‘The Bedwetter’ and Junot Diaz’s award-winning novel ‘The Brief Wondrous Life of Oscar Wao’. Meta defended its approach, stating that open-source AI drives innovation and relies on fair use as a key legal principle.

Chhabria clarified that the ruling does not confirm the legality of Meta’s actions, only that the plaintiffs made weak arguments. He suggested that more substantial evidence and legal framing might lead to a different outcome in future cases.

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WhatsApp launches AI feature to sum up all the unread messages

WhatsApp has introduced a new feature using Meta AI to help users manage unread messages more easily. Named ‘Message Summaries’, the tool provides quick overviews of missed messages in individual and group chats, assisting users to catch up without scrolling through long threads.

The summaries are generated using Meta’s Private Processing technology, which operates inside a Trusted Execution Environment. The secure cloud-based system ensures that neither Meta nor WhatsApp — nor anyone else in the conversation — can access your messages or the AI-generated summaries.

According to WhatsApp, Message Summaries are entirely private. No one else in the chat can see the summary created for you. If someone attempts to interfere with the secure system, operations will stop immediately, or the change will be exposed using a built-in transparency check.

Meta has designed the system around three principles: secure data handling during processing and transmission, strict enforcement of protections against tampering, and provable transparency to track any breach attempt.

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