A Canadian investigation has found TikTok's efforts to protect children's data and prevent underage use are inadequate. Despite the platform stating it's not for those under 13, hundreds of thousands of Canadian children use it annually, leading to the collection of sensitive personal information used for targeted marketing.

• TikTok collected sensitive personal information from "a large number" of Canadian children for online marketing and content targeting.
• The investigation was led by Canada's privacy commissioner, Philippe Dufresne, and privacy protection officials.
• TikTok has agreed to enhance measures to stop children from using the platform and to clarify data usage, although it disputes some of the findings.

A cyber threat group named RevengeHotels is utilizing artificial intelligence (AI) in sophisticated phishing attacks targeting hotel guests' payment information. This group, active since 2015, has upgraded its methods, making their attacks more effective and dangerous for tourists globally.

• The cybercriminal group, RevengeHotels, now uses AI to enhance phishing emails, making them harder to detect.
• Kaspersky’s Global Research and Analysis Team identified the use of VenomRAT malware to access sensitive guest data.
• While primarily active in Brazil, the threat extends to tourist destinations including South Africa, Kenya, and Nigeria.

Stablecoins such as USDT, USDC, and EURC are revolutionizing cross-border finance by offering fast, affordable remittances and trade settlements, particularly benefiting African businesses. These digital currencies, built on blockchain but backed by fiat, are circumventing the slow and expensive traditional banking systems.

• Remittance fees are reduced from up to 6% to less than 1% of the cost.
• YoguPay is a key platform building Africa-first infrastructure for cross-border trade, offering real-time treasury management for SMEs.
• Businesses can settle deals instantly, reducing risks from currency shifts and eliminating complex intermediary chains, with YoguPay supporting instant conversion between stablecoins and local currencies like shillings, naira, or rand.