DeepSeek is in talks to raise $10B at a $45B valuation — the largest first-time fundraise by a Chinese tech startup. Founder Liang Wenfeng is focused on AGI, not short-term profit, as sovereign backers rush to fund China's open-source AI champion.
As hyperscalers pour $600 billion into compute, Elon Musk builds orbital data centres, and OpenAI prepares its IPO, the second half of 2026 will cement a new technological feudalism where sovereignty is leased from lords of cloud.
A significant supply chain attack has struck the US financial sector, with fintech vendor Marquis Software Solutions confirming a ransomware incident that exposed the sensitive data of hundreds of thousands of customers from dozens of American banks and credit unions.
A sophisticated ransomware attack by the INC Ransom group has crippled the OnSolve CodeRED emergency notification platform, impacting hundreds of US municipalities. The incident has forced the permanent decommissioning of the legacy system and exposed the personal data of millions of residents.
US pharmacy benefit manager MedImpact Healthcare Systems has confirmed a ransomware attack by the prolific Qilin gang. The group claims to have exfiltrated 160GB of data, including financial operation details and claims reports, raising significant concerns for the healthcare sector.
Japanese retail giant Muji has suspended all online sales after a ransomware attack crippled its logistics partner, Askul Corporation, affecting multiple major retailers and highlighting critical supply chain vulnerabilities.
SimonMed Imaging has confirmed a ransomware attack by the Medusa group, exposing the sensitive health and personal data of 1.27 million patients. The breach, which originated in January, highlights the severe risks posed by third-party vendor vulnerabilities in the healthcare sector.
Harvard University has confirmed it was affected by a global cyber campaign exploiting a flaw in Oracle’s E-Business Suite. The attack, linked to the Cl0p ransomware group, targeted over 100 organisations worldwide, prompting urgent patching and investigation.
The Legal Practice Board of WA is notifying victims of a major data breach that took place in May after a ransomware attack by the Dire Wolf group compromised sensitive practitioner data.
Japan's largest brewer, Asahi Group Holdings, has confirmed a ransomware attack by the Qilin group, resulting in production shutdowns and the theft of 27GB of corporate data.
Oracle has issued an emergency patch for a critical zero-day vulnerability (CVE-2025-61882) in its E-Business Suite. The Clop ransomware group has been exploiting the flaw to steal executive data and launch widespread extortion campaigns affecting thousands of organisations globally.
A ransomware attack on a Toowoomba pharmacy has resulted in the leak of sensitive patient data, including medical records and NDIS information. The DragonForce ransomware group has claimed responsibility, highlighting the growing threat to Australian healthcare providers.
Australian Clinical Labs (ACL) has agreed to a $5.8 million penalty following a 2022 data breach at its subsidiary, Medlab Pathology. The breach, orchestrated by the Quantum ransomware group, exposed the sensitive data of 223,000 Australians, prompting regulatory action from the OAIC.
Volvo Group North America has disclosed a data breach exposing employee data after a ransomware attack on its HR supplier, Miljdata. The incident highlights the growing threat of supply chain attacks and their far-reaching consequences.
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