Quantum
The quantum breakthroughs behind Google's Q-Day deadline rethink
Two new papers suggest quantum computers could crack modern encryption in minutes, accelerating fears that Q-Day may arrive sooner than expected.
Financial Systems
Financial Systems
Bank of England: Cloud outages and DDoS attacks pose risk of cascading systemic failure
Regulators tighten oversight of “operational incidents” that could ripple through the digital economy.
Financial Systems
FBI warns of surge in ATM jackpotting "cash on command" attacks
Criminals deploy Ploutus malware to infect cash machines and trick them into dispensing vast sums of money.
Financial Systems
Dark pool trading is casting a shadow over market stability, researchers warn
The rise of private electronic markets is increasing systemic risk and making stock price crashes more likely.
Security
Machine vs machine: Defending critical financial systems in the era of Agentic AI
The industry has embraced AI faster than it has defined its guardrails, raising an unavoidable question: are humans really still in control?
Crime
“There is no bypass": Deepfake detectors fuelling "frustration" in dark web fraud supermarkets
Would-be scammers are unable to beat new security checks and even their most "imaginative" tricks aren't working.
Financial Systems
Jeffrey Epstein, Satoshi Nakamoto and the strange death of the Bitcoin dream
World's first cryptocurrency renamed "Pedocoin" as dark questions about the true identity of its creator and funders spread on social media.
Crime
Dark web cybercriminals vow to fight on after FBI seizure of Ramp forum
"This event has destroyed years of my work creating the freest forum in the world," Ramp's alleged operator wrote after the seizure.
Business
Financial tech raises systemic risk by accelerating bank runs, Bank of England warns
Tomorrow’s financial crisis could unfold at a speed that no human policymaker could ever hope to contend with.
Security
Bybit crypto heist: North Korean hackers blamed for biggest theft in history
Kim Jong Un's goons stole more than $1.5 billion in Ethereum, which may go towards funding his ballistic missile program.
Financial Systems
Coinbase "clamps down on crypto payments to dark web drug dealers"
Crypto exchange takes steps which appear to be intended to stop people sending funds to criminals' accounts.
Financial Systems
Google Willow sparks "quantum apocalypse" crypto flash crash panic
Are quantum computers going to crack encryption and render Bitcoin, Ethereum and all other coins worthless? Well...