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الوطن
Global Financial Strain
The global financial system is facing rising cyber and operational risks. Binance was breached, resulting in the theft of billions of dollars’ worth of digital assets in a social-engineering attack that targeted an engineer and exploited AI tools. In Japan, a technical failure affected 128 banks and disrupted ATM and online services at more than 3,400 branches, prompting the government to allocate 10 billion yen to strengthen cyber defenses. International indicators warn that hackers may be able to withdraw funds in less than 90 minutes, while the European Union is placing broader security responsibilities on banks and their suppliers and pushing the sector to adopt advanced protective measures.
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