TPA calls on Government to take action over Meta’s role in fraud crisis

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The Payments Association is calling for a shared responsibility regulatory framework after revealing that two-thirds of the £250 million lost to APP fraud in early 2025 originated on digital platforms like Facebook and Instagram.

From: TPA calls on Government to take action over Meta’s role in fraud crisis.

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Crypto, bitcoin, stablecoin regulated under first Australian digital assets legislation – Law Society Journal

Australia passed the Corporations Amendment (Digital Assets Framework) Bill 2025 on 1 April 2026, forcing crypto exchanges and custody providers to obtain an Australian Financial Services Licence (AFSL).

The Bill proposes to introduce two new financial products:

The digital asset platform (DAP); and

The tokenised custody platform (TCP)

As well as a tailored regulatory regime to bring intermediaries in the digital asset space within the regulatory perimeter.

Crypto, bitcoin, stablecoin regulated under first Australian digital assets legislation – Law Society Journal

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Australia passed the Corporations Amendment (Digital Assets Framework) Bill 2025 on 1 April 2026, forcing crypto exchanges and custody providers to obtain an Australian Financial Services Licence (AFSL).

From: Crypto, bitcoin, stablecoin regulated under first Australian digital assets legislation – Law Society Journal.

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How Older Adults Are Using VR to Counter Social Isolation – The New York Times

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While V.R. products are often used in group settings within aging communities, they’re also found in memory care units, stroke rehabilitation centers and cancer clinics.

From: How Older Adults Are Using VR to Counter Social Isolation – The New York Times.

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The Eurail Breach and the Digital ID Problem

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Eurail wanted people’s passport number to let them ride a train. Now that data is for sale on the dark web, and some of the 308,777 people caught up in the breach are being told to cancel their passports and pay for replacements out of their own pocket.

The Dutch company, which sells the Interrail passes used by young travelers across 33 European countries, confirmed this week that a sample of the stolen dataset has already surfaced on Telegram.

“We can confirm that data copied during the security incident has been offered for sale on the dark web and a sample dataset has been published on Telegram,” a spokesperson said. “Customers whose personal data was included in the sample dataset are being informed directly where contact details are available to us.”

The full haul contains exactly the material identity thieves dream about, including passport numbers, passport expiry dates, full names, home addresses, email addresses, phone numbers, and dates of birth. For users of the EU’s DiscoverEU program, which hands out free travel passes to young people, the exposed records also include photocopies of passports, bank account details, and some health data.

From: The Eurail Breach and the Digital ID Problem.

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France’s crypto kidnapping epidemic and a 19 million record data leak are two sides of the same security failure – Startup Fortune

France has logged 41 cryptocurrency-related kidnappings in 2026, one every 2.5 days, and a government data breach exposing 19 million personal records has just handed criminals a significantly more powerful targeting tool.

The numbers alone are striking enough. France now accounts for roughly 40% of all crypto-related physical attacks recorded across Europe, and the pace has not slowed. One every 2.5 days since January. A mother and her 11-year-old child abducted in Burgundy in April, held until a €400,000 ransom was demanded from the father, a crypto entrepreneur, before police rescued them Tuesday morning. A magistrate and her elderly mother confined for 30 hours in a garage in the Drôme region in February after criminals targeted her partner’s crypto holdings. David Prinçay, CEO of Binance France, had his home invaded by three armed individuals on February 12. These are not isolated incidents.

From: France’s crypto kidnapping epidemic and a 19 million record data leak are two sides of the same security failure – Startup Fortune.

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Silicon Valley Embraces New Breed of Bodyguards After Altman Attack, AI Backlash — The Information

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Data crunched by analytics firm Equilar show that more than a third of S&P 500 companies provided security perks for executives in 2025—more than double the 12.8% from the year before. And the median cost of these security packages rose 20% year over year.

Even a basic round-the-clock detail of two to three guards can run $500,000 or more a year—while a larger package of residential and travel teams can cost well north of $10 million. For companies, there is a tax benefit to lessen the expense: as long as a third-party firm confirms the risk to the executive, companies can write it off on their taxes.

Among the big tech firms, Meta Platforms has long shelled out the most on security, spending an eye-popping $22 million on protection for Mark Zuckerberg and his family in 2025 and $24 million the year before that.

From: Silicon Valley Embraces New Breed of Bodyguards After Altman Attack, AI Backlash — The Information.

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Australian identities fetch $200 on dark web amid cybercrime surge

Cybersecurity company NordVPN found that complete Australian identity packages—bundling financial, streaming, and social media accounts—sell for about $200 on the dark web, nearly six times the US rate. This price gap is linked to the scarcity of Australian data compared to the oversupply of American records from years of breaches. The first quarter of 2026 saw 1.1 million Australian accounts leaked, with individual data points like payment cards fetching $10 and digital passport scans averaging $32. (9News)

ECB Picks Open European Standards for Digital Euro, Sidelining Visa and Mastercard

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The European Central Bank (ECB) signed agreements with three European standard-setting bodies to build the digital euro on open, non-proprietary infrastructure, directly challenging the dominance of Visa and Mastercard across the eurozone.

The deals with the European Card Payment Cooperation (ECPC), nexo standards, and the Berlin Group give the digital euro a free, shared technical foundation that any European payment provider can adopt without paying global card scheme fees.

From: ECB Picks Open European Standards for Digital Euro, Sidelining Visa and Mastercard.

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French Tax Official Sold Cryptocurrency Investor Data to Criminal Networks – IMI Daily

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Ghalia C., 32, has been detained since June 30, 2025, facing charges of complicity in violence against a public official and criminal conspiracy. Investigators examining her workstation at the Bobigny tax office uncovered searches specifically targeting cryptocurrency specialists and investors, whose personal data she allegedly sold to criminals for physical attacks and extortion.

Authorities traced her activity through the tax administration’s Mira software, which she exploited to access sensitive financial information. Police found cash deposits and Western Union transfers in her bank accounts, indicating payment for transmitting confidential data to an anonymous client.

From: French Tax Official Sold Cryptocurrency Investor Data to Criminal Networks – IMI Daily.

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