News

Europe’s big plan to tackle “nightmare” cyber-attacks

Published

4 years ago

June 24, 2021

Ticker

The EU will soon build a Joint Cyber Unit to tackle large scale cyber-attacks

Recent ransomware attacks on critical services in Ireland and on the Colonial pipeline in the US have promoted the move to take cybercrime more seriously.

The EU says cyber-attacks are a national security threat, with reported incidents in Europe rising to almost 1,000 last year.

A dedicated team of multi-national cyber-experts will be deployed to European countries during serious attacks.

A Commission spokesman said that “advanced and coordinated responses in the field of cybersecurity have become increasingly necessary, as cyberattacks grow in number, scale, and consequences, impacting heavily our security”.

Under the Commission’s proposals, it would “tackle the rising number of serious cyber incidents impacting public services, as well as the life of businesses and citizens across the European Union”.

EU vice-president said last month’s hack on US fuel supplies was ‘the “nightmare scenario that we have to prepare against”.

The attack sent major disruptions to the United States fuel supply, with gas stations running out of supply and being forced to shut down.

News

Senate clears Epstein files release despite White House push

Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.

Published

1 hour ago

November 20, 2025

ticker NEWS

Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.

The White House tried to delay a vote on the release of Justice Department files connected to Jeffrey Epstein, even as former President Trump insisted there was nothing to hide.

Despite this, the Senate approved the measure exactly as it passed the House, ignoring amendments proposed by Trump’s aides. This move clears the path for the files to be made public in full.

Trump has indicated he intends to sign the bill, marking a significant shift after the White House’s attempt to block or delay the vote proved unsuccessful. The decision could have wide-reaching implications for transparency and ongoing investigations.

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News

Nvidia earnings shake tech stocks as ASX heads into Christmas

Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.

Published

1 hour ago

November 20, 2025

ticker NEWS

Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.

Markets are reacting sharply to Nvidia’s latest earnings, leaving investors questioning the future of tech stocks. Analysts are closely watching whether the results meet expectations and what it could mean for the broader market.

Joining us is David Scutt from StoneX to break down Nvidia’s post-earnings performance and its ripple effects across US and global equities. Investors are keeping a keen eye on how this could set the tone for year-end trading.

With Christmas approaching, the ASX faces a pivotal day as global risk sentiment shifts. Traders are positioning themselves for potential volatility, making it critical to understand the signals coming out of major tech earnings.

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