AICybersecurityStartups

European Cybersecurity Startups Race to Combat Deepfake Fraud Epidemic as Losses Top €1.3 Billion

Deepfake-related fraud losses have exceeded €1.3 billion across Europe, with €860 million stolen in 2025 alone according to new research. European cybersecurity startups are raising significant funding to develop detection technologies as new EU regulations target AI-powered deception.

Deepfake Fraud Reaches Crisis Levels

European cybersecurity startups are accelerating development of deepfake detection technologies as reported losses linked to synthetic media fraud have surpassed €1.3 billion, according to a recent study by Dutch cybersecurity firm Surfshark. Sources indicate that €860 million was stolen in 2025 alone, representing a €500 million year-on-year increase as AI-powered deception becomes increasingly sophisticated and accessible.

InnovationStartupsTechnology

Tech Leaders Advocate for Systemic Change in Gender Equity at Acronis Panel

At MSP Global 2025, cybersecurity veterans and executives highlighted that true equity requires systemic redesign, not just representation. The panelists called for embedding inclusion into daily operations and leadership accountability to foster sustainable change in tech culture.

From Awareness to Action in Tech Equity

Industry leaders at Acronis’ “Women in Tech: Empowering the Next Generation of Innovators” panel emphasized that achieving gender equity requires moving beyond theoretical discussions to implementing concrete systemic changes, according to reports from MSP Global 2025 in Tarragona, Spain. The discussion featured four executives who shared practical insights on transforming workplace culture and infrastructure.

AutomotiveBusinessCybersecurity

UK Economy Suffers £1.9 Billion Blow from Jaguar Land Rover Cyber Attack, Analysis Reveals

A major cyber attack on Jaguar Land Rover has reportedly cost the UK economy approximately £1.9 billion, according to new analysis. The incident disrupted manufacturing for nearly six weeks and impacted thousands of organizations across the automotive supply chain.

Massive Economic Impact

The cyber attack on Jaguar Land Rover has cost the British economy an estimated £1.9 billion (approximately $2.55 billion) and affected more than 5,000 organizations, according to a report published Wednesday by an independent cybersecurity body. The analysis suggests this may be the most economically damaging cyber event in UK history.