Hackers Are Increasingly Targeting Central Banks and Their Treasury of Over $12,550B in Reserves.

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Are you fond of the Netflix series “Money Heist?” Do you sometimes wonder if there are real-life attempts to rob central banks? The Government Pension Fund of Norway, which is the world’s largest sovereign wealth fund, deals with three intrusion attempts each day and no less than 100,000 computer attacks per year. Central bankers have been taking cybersecurity seriously as they become the prime targets of hackers. Since 2020, banks have increased their budget for cybersecurity and improved employee training as a preventative strategy against hacking attempts. Read full article here

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Improving media literacy could boost trust towards the news, IMPRESS report suggests

The UK media is regulated by the likes of IPSO and Ofcom. The report by press regulator IMPRESS highlights the link between low levels of media literacy and trust in the news. The study found that three quarters of those who did not know if journalists were regulated did not trust the news. It suggests that improving media literacy is one way to stem the erosion of trust, and shows that audiences have an appetite for information on news processes. Stakeholders need to collaborate in order to rebuild trust in the news, and independent media is well placed to do this. Read full article here

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Lawsuit Claims Microwave Mac and Cheese Takes Too Long

Kraft Heinz is facing a new lawsuit from a Florida woman claiming that their microwavable Velveeta Shells and Cheese cups do not actually take only 3.5 minutes to prepare, as advertised. Lead plaintiff Amanda Ramirez’s lawsuit alleges that the four steps required to prepare the meal means that it takes longer than 3.5 minutes, and has asked for at least $5 million in punitive damages. Kraft Heinz have defended the allegations, but the case will likely take more than 3.5 minutes to resolve. Read full article here

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