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Swiss government data affected by cyber-attack on Basel firm

The software company Concevis has been the victim of a cyber attack. Once again, federal government data is involved. The cybercriminals are threatening to publish the data on the darknet. According to available information, the stolen data probably contains old operational data from the Federal Administration. In-depth analyses are still underway, writes the Federal Department of Finance in a statement on Tuesday. After stealing the data, the cybercriminals encrypted all the company s servers. After Concevis refused to be blackmailed, the cybercriminals threatened to publish the data on the darknet. The Basel-based company has filed a criminal complaint. This is the second time this year that the Swiss government has been indirectly affected by a major cyber-attack. The Xplain company was attacked in May. Sensitive data were published on the darknet . The Federal Council has taken several measures. How we work This news story has been written and carefully fact-checked by an external ....

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Race to finish Indo-Pacific trade deals hit snags ahead of APEC summit

By David Lawder SAN FRANCISCO (Reuters) - The Biden administration is aiming to show that its key Asian economic initiative is making progress as Pacific Rim leaders gather in San Francisco next week, but significant holes remain on trade-related chapters, people familiar with the talks say. Negotiators from 14 countries are racing to close out chapters of the Indo-Pacific Economic Framework for Prosperity in hastily arranged talks this week, with announcements expected on cooperation to accelerate the clean energy transition and to fight corruption and tax evasion. U.S. President Joe Biden is keen to portray IPEF as producing meaningful outcomes to leaders of Asia Pacific Economic Cooperation countries, as he seeks to offer them a U.S.-led alternative to deeper economic ties to China. When the administration launched the IPEF negotiations in 2023, it made clear that the U.S.-hosted APEC summit was a key deadline, and that has raised expectations, said Wendy Cutler, a former U.S. trade ....

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