Core Insights - AI is significantly changing the landscape of cybercrime, with threat actors utilizing AI to create malicious code loaders, steal browser credentials, and enhance cloud attacks [1] Industry Summary - The 2025 Global Threat Report by Elastic highlights the rise of generic threats, particularly those involving AI-generated loaders, based on over 1 billion data points from real production environments [1]

Top Risks for Global Businesses - Geopolitical volatility has cracked the top 10 risks for global businesses for the first time [1] - Regulatory and legislative changes are a significant risk, exemplified by government instabilities like potential shutdowns in the US and reshuffles in the UK [1][2][3] - Government instabilities can drive other issues, including supply chain disruptions and commodity pricing fluctuations [3] - Companies need to respond quickly to increasing risks, as there is little time to recover [4] Risk Exposure and Preparedness - Only 14% of companies track their exposure to these risks [5] - Companies are not adequately looking at their second and third-tier suppliers, creating blind spots in supply chain risk management [7][8] Cyber Security and Data Breaches - Cyber attacks or data breaches are the number one risk for global businesses [8] - Cyber attacks cut across every aspect of the economy, affecting various industries [10] - Financial services and any entity relying on a network are especially at risk due to their dependence on complex global communication [12] - Companies are not spending enough time understanding second and third-degree cyber risks [11]

Core Insights - Collins Aerospace, a subsidiary of RTX, is actively working to restore its onsite passenger processing software for airlines affected by a recent cyber intrusion [1] Company Summary - The cyber intrusion has impacted airlines that rely on Collins Aerospace's software for passenger processing [1] - The company has acknowledged the ongoing efforts to resolve the issues caused by the cyber incident [1]

Cybersecurity Threat - Cyber attackers are targeting Gmail users, impacting 2 billion users who need to take precautions to stay safe [1]

Security Vulnerability - A critical zero-day vulnerability exposes FTP servers to potential attacks [1]

Group 1 - A hacker group named Predatory Sparrow, linked to Israel, has launched a cyber attack on the Iranian cryptocurrency exchange Nobitex, resulting in the theft of 48 million USD [1] - The hacker group claims that Nobitex assists the Iranian regime in funding terrorism and evading sanctions through the use of virtual currencies [1]