News
February 15, 2019
$143 million: If you think you had a rough Valentine's Day, things could be worse. In 2018, the US Federal Trade Commission recorded over 20,000 romance scams, whereby individuals were lured by phony online profiles and eventually exploited for their money, costing the affected $143 million dollars. That was up from $33 million in losses in 2015.
5,000:The humanitarian goods awaiting entry into Venezuela from Colombia could feed around 5,000 people for ten days and provide medical assistance to 10,000 people for 90 days, according to the American embassy in Colombia.
73: Sectarian divisions run deep in Nigeria. The Muslim and Christian populations are roughly equal, but their political views diverge. Some 73 percent of Muslims approve of the current government, against just 24 percent of Christians.
31: Turkish President Erdogan has pledged to sell cheap food dubbed "people's vegetables" to combat rising food costs that saw prices rise 31 percent in January. Erdogan says he's resolved to put an end to "food terrorism."
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Last week, Microsoft, Europol, and industry partners took coordinated action to disrupt Tycoon 2FA, a major phishing‑as‑a‑service operation designed to bypass multifactor authentication. Active since 2023, the service fueled large‑scale online impersonation, enabling fraud, data theft, and disruptions across sectors, including healthcare and education. Acting under a US court order, the coalition seized hundreds of domains that powered Tycoon 2FA’s infrastructure — underscoring the need for global, public‑private cooperation to counter industrialized cybercrime and protect digital trust. Read the full blog here.
Australian mining giant Lynas will sell rare earths to Japan for 12 years in a major pact meant to chip away at China’s dominance of the global market.
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