Updates
UK government to introduce new cyber security bill
UK government introduces a new Cyber Security and Resilience Bill to enhance national cyber-defences.
Hong Kong advances stablecoin regulation after public consultation
Stablecoin issuers will now be required to obtain a license from HKMA.
EU regulation on Ecodesign for Sustainable Products comes into force
The EU’s new regulation requires Digital Product Passports for most products by 2030.
Italy investigates Google over alleged unfair data usage
Italy’s antitrust agency investigates Google over alleged unfair data usage for commercial practices.
Meta’s AI models excluded from EU market
Meta’s concerns stem from AI models’ compliance with EU’s General Data Protection Regulation (GDPR).
Paris 2024 Olympics face rising cyber risks, analysts say
Analysts observed a significant surge in dark web activity targeting France.
EU investigates Google-Samsung AI deal
Google and Samsung’s AI partnership under EU antitrust scrutiny.
INTERPOL arrests 300, seizes $3M in West African cybercrime crackdown
INTERPOL’s Operation Jackal III and a five-year investigation in Argentina led to the arrests of 372 individuals, the seizure of $4.2 million, and the blocking of 820 bank accounts, highlighting the critical importance of international cooperation against West African financial fraud networks.
Ransomware recovery costs for critical infrastructure quadruple to $3 million
The energy and water sectors are prime targets for cybercriminals due to their critical nature.
USA considers stricter trade rules for China chips
One of the measures under review is the Foreign Direct Product Rule (FDPR).
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