ITALY CYBERATTACK
Italy says cyberattack on supermarket fridges had limited impact
A hacking attack on Monday hit fridges and freezers from Sweden to Belgium, forcing stores to throw away food in an incident that echoed a similar attack in France last month.
Andreas Almgren: Swedish math master's graduate who quit his data scientist job, watched NYC Marathon last year and returned to win it on debut
Andreas Almgren went from watching the NYC Marathon as a spectator last year to winning it on his debut in 2026. The Swedish distance runner clocked 2:06:01, the third-fastest time in race history. A former financial analyst and data scientist, Almgren quit his job to focus on running full-time. He has studied for a master’s degree in mathematics.
Italian PM Giorgia Meloni's email targeted in cyberattack on Italian lower house
Prime Minister Giorgia Meloni's email account was among those targeted in a cyberattack on the IT systems of Italy's lower house of parliament in recent days, a source in the assembly said on Tuesday.
Rajya Sabha raises concerns over spam calls, outward migration, wild boar menace
During a spirited session on Monday, Rajya Sabha members raised crucial issues such as the invasion of privacy through persistent unsolicited calls. They expressed alarm over the rising trend of youth migration, alongside the soaring expenses of private healthcare.
Italy’s AI powered defense system, ‘Michelangelo Dome’ set to protect the nation amid rising Russian threats
Italy's defense giant Leonardo has revealed the Michelangelo Dome. This advanced system uses artificial intelligence to defend against hypersonic missiles, drone swarms, and cyberattacks. It expands on Israel's Iron Dome by covering land, sea, air, and space. The Michelangelo Dome aims to enhance security for Italy, Europe, and NATO countries. Full operations are expected by 2027 or 2028.
Charting the global economy: Disparity tests a resilient Europe
Euro-area economic growth saw a slight uptick in the third quarter, but nearly half the bloc experienced stagnation, tempering broader recovery hopes. Concerns were raised at the ECB about this disparity, with Spain's healthy expansion masking weaknesses elsewhere.
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Big manufacturing economies struggle as US tariffs hit order books
Global manufacturing faced a tough October. Weak demand from the United States and President Donald Trump's tariffs hit factory orders. Major economies like the Eurozone and China saw manufacturing activity slow or contract. While some countries experienced minor upticks, overall global factory output remained subdued. Exporters remained cautious about future demand.
Stocks in news: Glenmark Pharma, Adani Energy, Dr Reddy's, Tata Motors, Newgen Software
Markets declined due to global and domestic pressures, with the Nifty testing support at 25040. Glenmark Pharma partnered with Hengrui Pharma, while Adani Energy Solutions achieved 'Zero-Waste-to-Landfill' certification. Poly Medicure will acquire Citieffe Group, and Dr Reddy's and Hetero Labs will sell generic HIV prevention drugs. Tata Motors faced supplier payment issues due to a cyberattack.
US and allies see yearslong hack as China's most ambitious yet
A sweeping cyberattack, dubbed Salt Typhoon and attributed to China, has targeted over 80 countries, potentially compromising data from nearly every American. Officials describe the attack as a years-long, coordinated assault on telecommunications and other critical infrastructure. The stolen data could allow Chinese intelligence to track politicians, spies, and activists, signaling a new era of sophisticated Chinese cyber capabilities.
US arrests Chinese hacker Xu Zewei for stealing COVID-19 research and hacking Microsoft servers
Xu Zewei, a Chinese national, has been apprehended in Italy following a U.S. extradition request for his involvement in hacking activities. He is accused of stealing COVID-19 research from American universities and orchestrating a massive attack on Microsoft Exchange servers. These actions are linked to the Hafnium group, which has ties to the Chinese government.
NATO leaders are set to agree on a historic defense spending pledge, but the hike won't apply to all
NATO's chief emphasizes that all member nations must commit to a significant defense spending increase, aiming for 5% of GDP, to bolster collective security against potential threats. Despite Spain's claim of an exemption and reluctance from other members, the alliance insists on shared burden. A progress review is scheduled for 2029 to ensure adherence to the new financial targets.
The success of a key NATO summit is in doubt after Spain rejects a big hike in defense spending
NATO summit faces uncertainty as Spain declines to meet Trump's defense spending demand. Spain cites economic reasons and EU security efforts. Other nations may struggle with the increased spending. The US insists on allies meeting the 5% GDP target. Discussions are ongoing to resolve the issue before the summit. Russia's actions in Ukraine drive the need for increased defense spending.
Advanced weapons built 80,000 years ago, unearthed in Russia, has no human connection
An 80,000-year-old bone spear tip, unearthed in Russia, challenges previous assumptions about Neanderthal capabilities. This discovery suggests they independently developed sophisticated hunting weapons, predating similar innovations by Homo sapiens. The artifact's advanced craftsmanship and well-preserved condition provide compelling evidence of Neanderthal resourcefulness and technological prowess, reshaping our understanding of their cognitive abilities.
Indian IT leaders confident of cyber resilience despite firms facing failure: Report
According to a study by cloud security firm Zscaler, 67% of Indian organisations experienced a cybersecurity failure in the past 12 months. However, a surprising 97% of Indian IT leaders believe their current cyber resilience measures are effective.
US wants no G7 Russia antagonism as allies fear blockage
U.S. Secretary of State Marco Rubio highlighted America's opposition to language that could hinder negotiations between Russia and Ukraine. Ahead of the G7 meeting, the U.S. seeks to omit references to sanctions on Russia to avoid antagonism, while pushing for tougher language on China. Talks are ongoing to reach a consensus among the G7 member countries.
Trump hands Europe a $3 trillion defense dilemma worthy of Hamlet
European leaders face a critical decision as Trump’s uncertainty and Putin’s aggressiveness pose security threats. The focus is on increasing defense spending to 4% of GDP, to better share the NATO burden and enhance economic growth. Investments in intelligence, air defense, and joint military assets are essential to avoid Europe becoming strategically insignificant.
Italian websites targeted by alleged pro-Russian hackers
Monday's cyberattacks were carried out by pro-Russian hacker group Noname057(16) against the websites of Intesa Sanpaolo, Banca Monte dei Paschi, Iccrea Banca and Milan's Linate and Malpensa airports, among others, but did not cause major disruption, the cybersecurity agency said.
HP unveils solution to share AI compute capacity among its devices
Enterprises will be able to allocate and utilise its GPU resources among HP AI devices, reducing reliance on costly cloud access, the company said. The PC devices brand has doubled down its play as a GenAI software and services provider with the HP AI Studio which offers tools, data and compute for data scientists to accelerate LLM development while also detecting biases.
90 countries to attend Swiss-hosted Ukraine peace summit that Russia is snubbing
Switzerland is hosting a Ukraine peace summit with nearly 90 countries and organizations attending, despite Russia's absence. The summit aims to pave the way for peace in Ukraine, 28 months after Russia's invasion. Leaders like Macron, Scholz, and Harris will attend. However, key countries like Turkey, South Africa, and Brazil have not confirmed participation. China and Brazil cited Russia's absence as a reason for their non-participation. Ukraine's President Zelenskyy will be there, and security measures, including deploying 4,000 military personnel, are in place.
Russia expels British defense attache in a tit-for-tat move
Russia declared Britain's defense attache persona non grata and expelled Maxim Elovik over espionage allegations. Tensions between the UK and Russia involve cyberattacks, targeted killings, and Russian interference in Ukraine. Britain sanctioned wealthy Russians and tightened regulations on money laundering.
Charting the global economy: European growth exceeds projections
Euro zone and US show mixed economic signals. Euro zone exits recession with strong GDP growth, while US faces moderating labour demand. Global economy sees fluctuations in factory output and industrial growth amid inflation concerns.
Europe was set to lead the world on AI regulation. But can leaders reach a deal?
The 27-nation bloc's Artificial Intelligence Act has been hailed as a pioneering rulebook. But with time running out, it's uncertain if the EU's three branches of government can thrash out a deal Wednesday in what officials hope is a final round of talks.
UK's Rishi Sunak discusses AI risks with Kamala Harris at summit before chat with Elon Musk
Sunak organized the first-ever AI Safety Summit as a forum for officials, experts and the tech industry to better understand cutting-edge, "frontier" AI that some scientists warn could pose a risk to humanity's very existence.
View: AI's success depends on international efforts that prioritise human-centric values & establish ethical practices
As AI advances at a scorching pace, it is clear it could disrupt society. Imagine a future where AI systems influence voting behaviours, corrupt autonomy and create more biases than ever. Due to such fears, ChatGPT is banned in China, Iran, Russia and Italy. Countries like the US, India and Australia and regions like the EU are evaluating regulatory options to ensure ethical usage without stifling innovation.
Ukraine war: 'Cyberattack' knocks thousands offline in Europe
Cybersecurity companies have observed attacks in Ukraine that deploy a new data-destroying virus, the actual effects of which are not yet known.
Ukraine-Russia crisis: What to know as tension grinds on
The multiple practice launches of intercontinental ballistic missiles and cruise missiles set for Saturday follow a warning from U.S. President Joe Biden that Russia could invade Ukraine within days.
Ukraine crisis updates: What to know as tensions rise
Russia has demanded guarantees that NATO never admit Ukraine and other ex-Soviet nations as members and that the alliance roll back troop deployments in former Soviet bloc countries, a region Moscow still views as its sphere of interest.
Companies in India responded well to increased cyberattacks after 'total chaos' during lockdown: EY
EY in its Global Integrity Report 2020 had found that cybercriminals, trying to exploit the fears and uncertainties around the virus, have stepped up phishing and ransomware attacks, increasing the risks for organisations already struggling to operate during a pandemic.
Malware attacks: Government rushes cyber security advisor Gulshan Rai to Mumbai
Terming the situation as "extremely serious," a senior official from the Maharashtra government's cyber cell said it is an impact on the country's external trade when systems dealing with the cargo and ships at the largest port get affected.
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