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iPhone thieves use fake “Find My” alerts to steal your device

  • Victims are urged to click a link leading to a convincing “Find My iPhone” phishing website and prompted to enter their Apple ID credentials.
  • If compromised, this sensitive information allows attackers to disable Apple’s Activation Lock—a security feature that otherwise prevents a stolen iPhone from being reactivated by unauthorised users.

The Swiss National Cyber Security Centre (NCSC) has issued an urgent warning after uncovering a new wave of social engineering attacks that exploit the hopes of iPhone theft victims.

The campaign, which merges finely targeted phishing with detailed device information, poses serious risks to Apple customers and highlights ongoing vulnerabilities in device security and user response.

Anatomy of the scam

According to NCSC, individuals whose iPhones were lost or stolen—sometimes months earlier—have reported receiving convincing text messages, including iMessages, purporting to be from Apple.

These messages offer hope, claiming that the missing device has been found abroad and citing specific details such as the device’s model, colour, and storage capacity to add credibility.

Victims are urged to click a link leading to a convincing “Find My iPhone” phishing website and prompted to enter their Apple ID credentials. If compromised, this sensitive information allows attackers to disable Apple’s Activation Lock—a security feature that otherwise prevents a stolen iPhone from being reactivated by unauthorised users.

Strategic impact

The real value here for cybercriminals is not just data theft. As the NCSC explains, bypassing Activation Lock has long been a barrier to profiting from stolen Apple devices. With no known technical method to circumvent this lock, threat actors are resorting to highly targeted, psychologically manipulative tactics to trick victims into helping them unlock the devices themselves.

What remains unclear is how perpetrators are obtaining phone numbers for recently lost or stolen iPhones. Possible vectors include unblocked SIM cards or inadvertent disclosure by device owners.

“In the digital age, device loss is increasingly intertwined with identity risk,” said a Swiss NCSC spokesperson. “Attackers are leveraging not just technology but also the emotions of victims—offering hope and exploiting trust to circumvent robust security features.”

The NCSC advises anyone who has lost a device to be highly sceptical of unsolicited messages regarding its recovery and never to enter Apple ID credentials outside official Apple domains.

The incident spotlights the persistent challenge for organisations and individuals alike: social engineering remains one of the most effective routes for cybercriminals, especially when protections like Activation Lock make physical theft less lucrative.

For businesses with high-value data on mobile devices, employee education and rapid SIM deactivation remain key parts of incident response.

Data breach at Hyundai AutoEver America exposes 2.7m customer data

  • Offers two years of complimentary credit monitoring to those notified, encouraging vigilance for signs of identity theft or financial fraud.

Hyundai AutoEver America (HAEA), the official IT services arm for Hyundai, Kia, and Genesis in North America, is grappling with the aftermath of a significant data breach that has raised urgent questions about cybersecurity and customer trust in the automotive sector.

The incident, discovered on March 1, 2025, saw unauthorised access to HAEA’s networks for a period of over a week—beginning February 22 and continuing through March 2, according to statements by the Hyundai Motor Group–owned subsidiary.

HAEA, which operates out of California and manages IT systems for more than 2.7 million connected vehicles and 2,300 dealerships across North America, immediately engaged law enforcement and external cybersecurity experts to investigate and contain the threat.

While the company began reaching out to affected individuals with notification letters on October 30, HAEA has not publicly specified the total number impacted. Regulatory filings, however, suggest the breach could involve highly sensitive data—including names, social security numbers, and driver’s license information.

Customer guidance

“The compromise of social security numbers escalates the severity of this breach,” cautioned Pete Luban, Field CISO at cybersecurity firm AttackIQ.

“Unlike passwords or credit cards, social security numbers can’t be easily changed, increasing the risk of long-term fraud schemes.” Luban also warned that exposed data could fuel ongoing phishing attacks targeting affected customers.

In response, Hyundai AutoEver Americais offering two years of complimentary credit monitoring to those notified, encouraging vigilance for signs of identity theft or financial fraud.

Cybersecurity experts advocate for customers to monitor financial accounts closely and adopt best practices, such as enabling multi-factor authentication and verifying online communications.

Broader implications

Hyundai AutoEver America’s reach extends beyond vehicle software, encompassing IT infrastructures for dealerships and connected car platforms in both the US and abroad. While the company boasts over 600 partners and 2,200 IT professionals globally, it remains unclear if the breach affects individuals outside North America.

This incident underscores escalating cybersecurity risks in the automotive sector, especially as vehicle connectivity, telematics, and digital infrastructure become increasingly integral to automotive operations and the customer experience. Industry stakeholders are watching closely as Hyundai works to restore trust and reinforce its digital defenses.

Abu Dhabi set to infuse next-gen intelligence into UAE’s energy sector

  • Goal is to empower teams with actionable data, automate complex processes, and push the boundaries of operational efficiency.
  • Collaboration is expected to result in the creation of an AI and Physical Intelligence laboratory, dedicated to inventing and tailoring solutions for the region’s unique energy and water demands.

In a forward-thinking move set to redefine the landscape of the energy and water sectors, the Abu Dhabi Department of Energy (DoE) has joined forces with tech innovator Analog to harness the power of Artificial Intelligence (AI), Machine Learning (ML), and Physical Intelligence (PI).

The signing of a Memorandum of Understanding (MoU), held during the high-profile ADIPEC 2025 conference, signals a new era of innovation and digital transformation in the UAE’s energy ecosystem.

The partnership was formalised by Ahmed Alsayed Mohamed Al Sheebani, Acting Director-General of Regulatory Affairs at the DoE, and Alex Kipman, CEO and Founder of Analog—a prominent figure in the evolution of intelligent systems.

Together, they agreed to foster the integration of cutting-edge AI and PI technologies that will accelerate smart, sustainable growth.

Advancing sustainability

“At the heart of our collaboration is a vision to lead digital transformation and advance sustainability across Abu Dhabi’s energy sector,” said Ahmed Al Sheebani.

The agreement will see both organisations combine expertise to embed intelligence deeper into the sector’s infrastructure through the AD.WE platform. The goal is to empower teams with actionable data, automate complex processes, and push the boundaries of operational efficiency.

Central to the MoU is the adoption of Physical Intelligence—a next-generation discipline that extends AI’s reach into the physical world. Through PI, live data from sensors and robots becomes more than just information; it evolves into real-time actions that adapt to changing environments.

“Physical Intelligence is how the world begins to think alongside us,” explained Alex Kipman. “We’re not just making machines smarter—we are transforming infrastructure into living systems that learn, evolve, and act in harmony with their surroundings.”

This technological leap is more than a mere upgrade. For Abu Dhabi, it’s a strategic acceleration towards the UAE’s Net Zero 2050 vision, ensuring that intelligent sustainability isn’t just an aspiration, but a scalable reality.

The collaboration is expected to result in the creation of an AI and Physical Intelligence laboratory, dedicated to inventing and tailoring solutions for the region’s unique energy and water demands. It will also foster research partnerships and community knowledge sharing, driving sector-wide benefits.

IPO is not on the cards right now: OpenAI CFO

  • Company’s current focus is on scaling operations following a significant corporate overhaul last month.

OpenAI’s Chief Financial Officer, Sarah Friar, tempered expectations for an initial public offering, telling attendees at The Wall Street Journal’s Tech Live conference that an IPO is not in the company’s near-term roadmap.

“IPO is not on the cards right now,” Friar stated. “We are continuing to get the company into a state of constantly stepping up into the scale we are at, so I don’t want to get wrapped around an IPO axle.”

While Friar has privately indicated that OpenAI might pursue a public listing as early as 2026 or 2027, her remarks underscore the company’s current focus on scaling operations following a significant corporate overhaul last month.

Strategic restructuring and Microsoft deal

In late October, OpenAI restructured its for-profit arm as a public benefit corporation, part of a deal with Microsoft that valued the artificial intelligence leader at approximately $500 billion. This transition affords OpenAI additional operational flexibility while maintaining majority control under its nonprofit parent, now known as the OpenAI Foundation.

The Foundation holds a 26 per cent stake and a warrant for additional equity tied to performance milestones, potentially paving the way for future financing and strategic partnerships.

Investment and expansion

OpenAI has aggressively expanded its investment in data centres and infrastructure, recently signing multibillion-dollar agreements with major tech players including Alphabet’s Google and Amazon.

The company is seeking US government support to help back AI chip financing, a move Friar said could reduce debt costs for assets that rapidly depreciate.

“This is where we’re looking for an ecosystem of banks, private equity, maybe even governmental,” Friar explained. “Any such guarantee can really drop the cost of the financing but also increase the loan-to-value.”

Arm Holdings beats third-quarter expectations on AI surge

  • CEO Rene Haas attributes bullish outlook to rising demand for Arm’s Compute Subsystems products, which offer more complete chip designs and higher royalty rates.
  • Company is assembling new engineering teams to bring these “physical embodiments” of its CSS designs to market.

UK-based chip technology provider Arm Holdings issued a fiscal third-quarter forecast that exceeded Wall Street expectations, propelled by booming demand for artificial intelligence (AI) computing. Following the report, Arm shares jumped 5 per cent in after-hours trading before retreating slightly to finish up about 3 per cent.

Arm projected revenue of $1.23 billion at the midpoint of its current−quarter guidance, outpacing the average analyst estimate of $1.1 billion.

CEO Rene Haas attributed the bullish outlook to rising demand for Arm’s Compute Subsystems (CSS) products, which offer more complete chip designs and higher royalty rates. The growing adoption of CSS by customers and an industry-wide spike in AI investments were instrumental in the positive forecast.

“When we think about what’s going on with Arm in the data centre, we then kind of go back to all of this demand for AI compute—the bottleneck is power. That’s a good thing for us,” Haas said.

For the just-ended second fiscal quarter, Arm reported a 34 per cent revenue increase to $1.14 billion. Adjusted earnings hit 39 cents per share, above the expected 33 cents. Royalty revenue jumped 21 per cent to $620 million, while licensing revenue rose 56 per cent to $515 million, fueled by the timing of major contracts.

Arm’s energy-efficient designs—favoured in smartphones, data centres, and automotive markets—are gaining traction as the industry faces mounting power constraints in AI processing. Google uses Arm’s architecture in its Axion processors, delivering 60 per cent better energy efficiency than comparable Intel and AMD chips, Haas noted.

Expanding beyond IP licensing 

Historically, Arm has generated income through licensing its semiconductor designs and collecting royalties for every chip produced using its architecture. Its technology underpins nearly every smartphone worldwide and is increasingly present in data centres, with Arm expecting its CPUs to power nearly half of top “hyperscaler” deployments by 2025.

Last quarter, Arm revealed strategic plans to reinvest profits in developing its own chips—a notable shift from its traditional intellectual property business model. The company is assembling new engineering teams to bring these “physical embodiments” of its CSS designs to market.

Haas indicated progress in this new direction: “Arm had ‘inched a little bit further—relative to continuing to explore’ making its own chips.”

Apple to leverage Google’s advanced AI to bolster Siri

  • Apple aims to close the technology gap between Siri and rival assistants.
  • By deploying Gemini’s powerful model, Apple is expected to improve Siri’s understanding and functionality, though integration as a chatbot and Google’s AI-powered search will remain outside Apple’s ecosystem.

Apple is close to finalising a deal to use a cutting-edge artificial intelligence model from Google parent Alphabet to enhance its Siri voice assistant.

The agreement, reportedly valued at about $1 billion annually, will give Apple access to Google’s 1.2 trillion-parameter Gemini AI model, marking a significant step as Apple aims to close the technology gap between Siri and rival assistants.

Sources told Bloomberg the deal will act as a stopgap, enabling Apple to roll out more advanced Siri features while the company works on developing its own sophisticated AI systems. The proposed partnership follows a recent internal review and evaluation of Google’s AI capabilities.

Siri’s reinvention

Historically, Siri has lagged competitors like Amazon’s Alexa and Google Assistant, particularly in managing complex, multi-step requests and integrating with third-party applications.

By deploying Gemini’s powerful model, Apple is expected to improve Siri’s understanding and functionality, though integration as a chatbot and Google’s AI-powered search will remain outside Apple’s ecosystem, analysts noted.

The agreement comes amid broader industry moves to rapidly embed advanced AI into consumer devices. Google integrated Gemini into its assistant in 2024, while Amazon has been rolling out an AI-driven overhaul of Alexa this year. Apple, meanwhile, acknowledged in March that new AI features for Siri would be delayed until 2026, citing unspecified challenges.

To address these setbacks, Apple recently altered its executive structure, placing Mike Rockwell in charge of Siri after CEO Tim Cook lost confidence in AI chief John Giannandrea’s execution.