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AI & Enterprise

UK most exposed in Europe to state-backed, geopolitical cyber threats

Britain was the European country most exposed to state-backed and geopolitical cyber threats, with 76 such activities observed over the past year, a report cited by TechRadar showed. Microsoft said AI is lowering barriers for attackers and compressing attack cycles, cutting some steps from days to seconds. The share of incidents where phishing was the initial entry route rose to 23% from 7%, and voice phishing jumped 502%. Ransomware detections also increased in the United States, Britain and Germany.

AI & Enterprise

Iris-based World ID can overcome limits of captchas and KYC for proof of personhood in AI era

Tools For Humanity, which develops the iris-based ID project World, said proof of personhood is becoming more important in the AI era and that World ID can overcome the limits of captchas and KYC checks. Chief Business Officer Trevor Traina said bots generate more than half of web activity and can now replicate IDs, weakening existing verification. He said the World app has nearly 40 million downloads and 18 million users verified via Orb.

Crypto

European exchange 21bitcoin starts paying interest on idle euro balances, paid in bitcoin

European crypto trading platform 21bitcoin has started paying 1.21 percent annual interest on uninvested euro balances left in customer accounts. Users can receive the interest in bitcoin without separate currency conversion fees. The interest is paid by German bank Volksbank Raiffeisenbank Bayern Mitte eG, which holds a stake in 21bitcoin, with customer funds kept in segregated trust accounts. The rate is variable and subject to German withholding tax.