Speaking at a press conference following the inauguration of a new State Bank of India office in Pune, Nirmala Sitharaman remarked that “The challenge posed by advanced AI is fundamentally different from what banks have successfully managed so far.” The statement reflects a deeper structural shift underway in global finance. For decades, banks have relied…
In today’s rapidly evolving threat landscape, no country, company, or individual is immune to cyber risk. The insurance sector, which exists to absorb shocks and protect economic activity, is itself becoming a high-value target. What makes the moment critical is not just the rise in cyber incidents, but the regulatory shift that is redefining accountability…
Imagine an AI so smart it uncovers a 27-year-old flaw in OpenBSD one of the world’s most secure operating systems then chains it with four more unseen vulnerabilities to stage a full system takeover. That’s Claude Mythos, Anthropic’s leaked next-gen model, which cybersecurity experts call both a breakthrough and a potential catastrophe. But as the…
The year 2025 has witnessed a significant surge in cyberattacks, impacting critical sectors and economies worldwide. Notably, incidents such as the cyberattack on Jaguar Land Rover (JLR) and the disruption of Collins Aerospace’s systems have underscored the vulnerabilities in global supply chains and the interconnectedness of modern industries. This article delves into the short-term and…
On September 20, 2025, European air travel faced one of its most significant technology-driven crises in recent memory. A ransomware attack on Collins Aerospace, a key third-party provider of aviation software, disrupted operations across multiple major airports, including London Heathrow, Brussels, Berlin Brandenburg, Dublin, Cork and London City. The attack resulted in flight delays, cancellations,…
