Network security

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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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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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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Bank Indonesia reports over 370 million cyber threat attempts in 2024

Bank Indonesia (BI) has reported more than 370 million attempted cyber threats targeting the country, highlighting the growing exposure linked to Indonesia’s rapid digital transformation.

The central bank also noted a 25% increase in anomalous cyber traffic in 2024 compared to the previous year. Deputy Governor Filianingsih Hendarta stated that the rise in cyber activity underscores the need for all stakeholders to remain vigilant as Indonesia continues to develop its digital infrastructure.

She also added that public trust is essential to sustaining a resilient digital ecosystem, as trust takes a long time to build and can be lost in to moment.

To strengthen cybersecurity and prepare for continued digitalisation, BI has developed the Indonesian Payment System Blueprint (BSPI) 2030, a strategic framework intended to enhance institutional collaboration and reinforce the security of the national payment system.

BI data shows that internet penetration in Indonesia has reached 80.66%, equivalent to approximately 229 million people, surpassing the global average of 68.7% (around 6.66 billion people worldwide).

Filianingsih also emphasised that strengthening digital infrastructure requires cross-sectoral and international cooperation, given the global and rapidly evolving nature of cyber threats.

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Social media platforms ordered to enforce minimum age rules in Australia

Australia’s eSafety Commissioner has formally notified major social media platforms, including Facebook, Instagram, TikTok, Snapchat, and YouTube, that they must comply with new minimum age restrictions from 10 December.

The rule will require these services to prevent social media users under 16 from creating accounts.

eSafety determined that nine popular services currently meet the definition of age-restricted platforms since their main purpose is to enable online social interaction. Platforms that fail to take reasonable steps to block underage users may face enforcement measures, including fines of up to 49.5 million dollars.

The agency clarified that the list of age-restricted platforms will not remain static, as new services will be reviewed and reassessed over time. Others, such as Discord, Google Classroom, and WhatsApp, are excluded for now as they do not meet the same criteria.

Commissioner Julie Inman Grant said the new framework aims to delay children’s exposure to social media and limit harmful design features such as infinite scroll and opaque algorithms.

She emphasised that age limits are only part of a broader effort to build safer, more age-appropriate online environments supported by education, prevention, and digital resilience.

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EU conference highlights the need for collaboration in digital safety and growth

European politicians and experts gathered in Billund for the conference ‘Towards a Safer and More Innovative Digital Europe’, hosted by the Danish Parliament.

The discussions centred on how to protect citizens online while strengthening Europe’s technological competitiveness.

Lisbeth Bech-Nielsen, Chair of the Danish Parliament’s Digitalisation and IT Committee, stated that the event demonstrated the need for the EU to act more swiftly to harness its collective digital potential.

She emphasised that only through cooperation and shared responsibility can the EU match the pace of global digital transformation and fully benefit from its combined strengths.

The first theme addressed online safety and responsibility, focusing on the enforcement of the Digital Services Act, child protection, and the accountability of e-commerce platforms importing products from outside the EU.

Participants highlighted the importance of listening to young people and improving cross-border collaboration between regulators and industry.

The second theme examined Europe’s competitiveness in emerging technologies such as AI and quantum computing. Speakers called for more substantial investment, harmonised digital skills strategies, and better support for businesses seeking to expand within the single market.

A Billund conference emphasised that Europe’s digital future depends on striking a balance between safety, innovation, and competitiveness, which can only be achieved through joint action and long-term commitment.

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Salesforce report shows poor data quality threatens AI success

A new Salesforce report warns that most organisations are unprepared to scale AI due to weak data foundations. The ‘State of Data and Analytics 2025’ study found that 84% of technical leaders believe their data strategies need a complete overhaul for AI initiatives to succeed.

Although companies are under pressure to generate business value with AI, poor-quality, incomplete, and fragmented data continue to undermine results.

Nearly nine in ten data leaders reported that inaccurate or misleading AI outputs resulted from faulty data, while more than half admitted to wasting resources by training models on unreliable information.

These findings by Salesforce highlight that AI’s success depends on trusted, contextual data and stronger governance frameworks.

Many organisations are now turning to ‘zero copy’ architectures that unlock trapped data without duplication and adopting natural language analytics to improve data access and literacy.

Chief Data Officer Michael Andrew emphasised that companies must align their AI and data strategies to become truly agentic enterprises. Those that integrate the two, he said, will move beyond experimentation to achieve measurable impact and sustainable value.

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Google Maps launches AI-powered live lane guidance for safer driving

Google has introduced AI-powered live lane guidance for cars with Google built in, marking a significant step toward intelligent in-vehicle navigation.

A new feature that enables Google Maps to interpret roads and lanes like a driver, offering real-time audio and visual cues to help motorists make timely lane changes and avoid missed exits.

Using AI that analyses lane markings and road signs through the vehicle’s front-facing camera, Google Maps integrates the live data with its navigation system, used by over two billion people monthly. The result is more accurate guidance alongside existing traffic, ETA, and hazard updates.

The feature will debut in Polestar 4 vehicles in the US and Sweden, with plans to expand across more models and road types in collaboration with major automakers.

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