Israeli cybersecurity company OLIGO Security has raised an additional $60 million following a year in which its annual recurring revenue grew 300%, bringing its total funding to $140 million. The company said the round included investments from Ballistic Ventures, Canon Capital, Greenfield Partners, Lightspeed Venture Partners, Red Dot Capital and TLV Partners. Angel investors also...Read More
There’s a push in Parliament to ban under-16s from social media, and National now wants Labour’s help to pass it before the election. I get the intention, but I don’t think it works. My view is this: no form of domestic policy aimed at individual usage actually moves the needle. You can ban, restrict, age-verify...Read More
Adama Bamba 04 August 2026•Update: 04 August 2026 Artificial intelligence was used in 55% of reported cybercrimes in Africa, according to an Interpol report. The International Criminal Police Organization’s Africa Cyberthreat Assessment Report 2026, which was published Monday, said AI was enabling cyberattacks to be carried out faster, on a larger scale and in ways...Read More
A major vulnerability in bitcoin wallets manufactured by a Toronto-based company has brought renewed scrutiny to the security of investments in cryptocurrency after hackers exploited the weakness to steal more than $140-million worth of bitcoin in the past week. Bitcoin enthusiasts say that the hack, which took advantage of a coding error in hardware wallets...Read More
With Amazon joining the cohort, Nvidia’s AI security alliance has now expanded to more than 120 members after launching with just 40 names initially. The alliance and the Linux Foundation introduced SAFE, a framework for confidentially sharing agentic AI security incidents and near-misses across the ecosystem. SAFE proposes collecting and analyzing incidents, notifying affected organizations,...Read More
Latvia’s state-owned forestry company, LVM, said on Thursday it is still working to restore its IT systems weeks after a ransomware attack disrupted several internal and customer services. The attack, first disclosed in late June, knocked the company’s mapping platform and hunting application, as well as systems used to exchange information with contractors and customers...Read More
The New Zealand government’s announcement that it will cut around 8,700 public service jobs by mid-2029 has focused attention squarely on AI and digital technology as tools of reform. Finance Minister Nicola Willis was clear. Reducing duplication, consolidating back-office functions, and accelerating the uptake of AI are central to delivering $2.4 billion in savings over...Read More
Imagine this scenario. It’s early evening in a small city in central Turkey. An Iranian woman in her mid-20s walks to the corner café. Headphones in, she listens to Radiohead’s 2 + 2 = 5. She hasn’t set foot in Iran since she left, nor is she breaking any laws in Turkey. Her only “offence”...Read More
In brief Ledger says the Coldcard exploit is a warning for the hardware Bitcoin wallet industry but says its own devices were not affected. The company argues independently certified hardware random number generators are essential for securely creating wallet recovery phrases. Ledger says AI is accelerating vulnerability discovery and forcing security teams to defend at...Read More
