Category: Western Media

Israeli central bank to sell $41b of foreign currency to stabilise shekel amid Gaza war

JERUSALEM – The Bank of Israel said on Monday it will sell up to US$30 billion (S$41 billion) of foreign currency in the open market, in the central bank’s first ever sale of foreign exchange, to maintain stability during Israel’s war with Palestinian militants in Gaza. The move appeared to quickly calm the market as the shekel recovered from steep…

Israel and Gaza at War After Hamas Launches Surprise Attack

Palestinian militant group Hamas launched a large-scale surprise attack against Israel on Saturday, firing thousands of rockets from Gaza and sending fighters to kill or abduct people as Israel retaliated with devastating air strikes. At least 70 people were reported killed in Israel, while Gaza authorities released a death toll of 198 in the conflict’s bloodiest escalation in years, which also left hundreds more wounded on both sides. “We are at war,”…

Canadian Woman Repatriated From Syria Charged With Terrorism 

Ottawa, Ontario — A Canadian woman allegedly linked to Islamic State jihadis who was repatriated from a camp in Syria six months ago has been charged with participating in a terrorist group, police said Friday.Ammara Amjad was arrested Thursday in Milton, Ontario, west of Toronto, “for her alleged participation in the activities of the Islamic State of Iraq and the…

Genetics firm 23andMe says user data stolen in credential stuffing attack

23andMe has confirmed to BleepingComputer that it is aware of user data from its platform circulating on hacker forums and attributes the leak to a credential-stuffing attack. 23andMe is a U.S. biotechnology and genomics firm offering genetic testing services to customers who send a saliva sample to its labs and get back an ancestry and genetic predispositions report. Recently, a threat…

MGM Resorts ransomware attack led to $100 million loss, data theft

MGM Resorts reveals that last month’s cyberattack cost the company $100 million and allowed the hackers to steal customers’ personal information. The hospitality and entertainment giant disclosed a cybersecurity issue on September 11, 2023, which impacted its main website, online reservations systems, and in-casino services like slot machines, credit card terminals, and ATMs. A few days later, it was revealed that the…

How Australia’s strategic review is changing Army acquisition plans

MELBOURNE, Australia — The Australian Army will now receive less Redback infantry fighting vehicles than planned as the government redirects funding for that effort toward long-range strike systems and littoral maneuver craft. The government’s recent Defence Strategic Review recommended the Army pivot from a “balanced” structure of equally equipped combined arms brigades to a “focused” force able to meet the…

Israeli President Targeted by Cyber Attack

The Telegram channel of Israeli President Isaac Herzog was briefly hacked before being “very swiftly” restored, his spokesman said on Thursday. The breach on Wednesday evening was thought to be “criminal in nature,” the spokesman said, suggesting it was not linked to a foreign power or tied to the Israeli-Palestinian conflict. “Initial checks show no concern that information was obtained,”…

Italian official warns of war fatigue, limited resources for Ukraine

  The Italian government is running out of military equipment to send to Ukraine, just as domestic public opinion loses interest in supporting Kyiv, Italy’s defense minister said Wednesday. Claiming Italy does not have “unlimited resources”, Guido Crosetto said Italy has “done almost all that it could do,” when it comes to sending weapons to Ukraine. ”There is not much…

FCA calls on insurers to take action as it publishes latest fair value data

In letters sent to all insurance firms, the regulator reminded them of its expectations to make sure they’re checking their products are providing fair value to their customers. The FCA also identified further evidence that some Guaranteed Asset Protection (GAP) products may be failing to provide fair value to customers. This comes as the FCA publishes its latest insurance Value…

FCA sets out initial findings on bank account access and closures

The information supplied by banks, building societies and payment companies suggests that no firm closed an account between July 2022 and June 2023 primarily because of a customer’s political views. The Payment Accounts Regulations ban banks or building societies discriminating on this basis. The FCA will be doing further work with firms to verify the data and to better understand…

Biden suggests he has path around Congress to get more aid to Ukraine

Facing a likely roadblock from House Republicans on aid for Ukraine, President Joe Biden said Wednesday he’s planning to give a major speech on the issue and suggested there may be “another means” to provide support for Kyiv if Congress continues to balk. “I’m going to be announcing very shortly a major speech I’m going to make on this issue…

Warning: 100,000 industrial control systems exposed online

About 100,000 industrial control systems (ICS) were found on the public web, exposed to attackers probing them for vulnerabilities and at risk of unauthorized access. Among them are power grids, traffic light systems, security and water systems. Exposed ICSs include units (sensors, actuators, switches, building management systems, and automatic tank gauges) for critical infrastructure systems. Cybersecurity company BitSight alerted of the…

Nancy Pelosi says the interim House speaker asked her to vacate her Capitol office

Former House Speaker Nancy Pelosi accused the new interim speaker, Patrick McHenry, of ordering her to vacate her workspace in the U.S. Capitol building on Tuesday, just hours after the chamber’s abrupt leadership shake-up. In a statement shared with NPR, Pelosi, D-Calif., said she was asked to leave her space “immediately.” “With all of the important decisions that the new…

What’s the basis of the Republicans’ Joe Biden impeachment inquiry?

Sept 28 (Reuters) – Republicans in the U.S. House of Representatives hold their first hearing on Thursday in an impeachment inquiry into Democratic President Joe Biden after months of investigations of his son Hunter Biden’s foreign business dealings. They have not found any evidence of misconduct by Biden himself. The White House says Biden has done nothing wrong and Republicans have no…

Biden impeachment inquiry opens with focus on son’s business dealings

WASHINGTON, Sept 28 (Reuters) – Republicans leading an impeachment inquiry of President Joe Biden detailed foreign payments to members of his family in their first hearing on Thursday, but did not provide evidence that the Democratic president had personally benefited. The initial impeachment hearing by the U.S. House of Representatives Oversight Committee served as a review of evidence that Republicans have…

Microsoft breach led to theft of 60,000 US State Dept emails

Chinese hackers reportedly stole tens of thousands of emails from U.S. State Department accounts after breaching Microsoft’s cloud-based Exchange email platform in May. During a recent Senate staff briefing, U.S. State Department officials disclosed that the attackers stole at least 60,000 emails from Outlook accounts belonging to State Department officials stationed in East Asia, the Pacific, and Europe, as Reuters first…