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Iranian hack of payment provider puts central bank president on alert: 'Gamechanger'

An Iranian cyberattack on payment provider Verifone in March has put De Nederlandsche Bank (DNB) on high alert regarding the security of the national payment system. Bank officials warned that AI-driven hacking techniques are making threats faster and more sophisticated, describing the evolving situation as a significant 'gamechanger' for financial stability.

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Based on reporting by ad. Translated and condensed by LocalHeadlines.

EU selects 46 raw materials projects to reduce dependence on China

The European Commission has launched 46 projects across sixteen countries to reduce reliance on China for vital raw materials like lithium and copper. These initiatives, supported by prioritized permits and funding assistance, aim to significantly boost domestic processing and recycling capacity by 2030.

Supermarkets benefit from AH incident but wish competitor well

Albert Heijn is experiencing major technical disruptions that have halted online deliveries and caused supply issues nationwide, prompting customers to flock to rival supermarkets. While competitors report increased traffic and sales, industry officials stress that the national food supply remains stable and secure.

Netherlands wants to save emergency oil reserves, but pressure to release more grows

The Netherlands is resisting international pressure to release additional strategic oil reserves, arguing that these should be used only for severe supply crises rather than managing global prices. While global diesel and kerosene supplies are tightening, officials and experts maintain there is no immediate fuel shortage in the Netherlands or Europe.

Police seize server at data center in Amsterdam-Oost at the request of the US

Police in Amsterdam have seized a server from a data center in the city's eastern district at the request of the United States. The action targets an Italian internet provider suspected by American authorities of facilitating the antifascist movement antifa.

Cyber incident costs Albert Heijn at least 10 million euros, experts estimate

Experts estimate that a recent cyber incident has cost supermarket chain Albert Heijn at least 10 million euros in lost revenue and operational expenses. The disruption has halted online ordering and caused supply chain issues in physical stores, leading to a significant drop in the parent company's market value.