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Visa released its Spring 2026 Biannual Threats Report showing changes in cybercrime patterns. Device-token fraud fell nearly 10 percent year-over-year while total ransomware attacks increased 26 percent.
investinghaven.comVisa released its Spring 2026 Biannual Threats Report, which tracks shifts in payment fraud and cybercrime tactics. The report states that core network protections are reducing certain types of fraud. Fraud involving device tokens dropped nearly 10 percent year-over-year.
Criminals are using generative AI to create social engineering scams aimed at individual users. Nearly $1 billion in scam-related activity was flagged over a six-month period. Total ransomware attacks rose 26 percent, but only 23 percent of victims paid, the lowest rate recorded in the report.
The report links the increase in scams to lower technical barriers created by AI tools.
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news.sky.comThe European Commission is reviewing expert recommendations for phased restrictions on children's social media access. President Ursula von der Leyen said new legislation could be proposed after the summer.
The European Union sanctioned nine people and four entities on July 13, 2026. Britain sanctioned 24 people and entities the same day over a network active since 2010.
globalnews.caTwenty-two member states pledged 30 to 35 gigawatts of new capacity by 2028 under the bloc's first tripartite deal. The European Commission will oversee annual progress tracking through 2028 as part of the Affordable Energy Plan.