Analyst explains why she thinks progress will be made in U.S.-China trade talks
President Trump's top economic advisors will meet with Chinese trade representatives in London on Monday for a fresh round of trade talks. Senior fellow at the Yale Law School's Paul Tsai China Center Samm Sacks explains what both sides will want to gain from the discussions.
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Forbes
39 minutes ago
- Forbes
FBI Warning Issued As 2FA Bypass Attacks Surge — Act Now
The FBI issues Scattered Spider attack warning. When the Federal Bureau of Investigation issues a cybersecurity alert, you would be well advised to pay attention and take action. Whether that's involving malicious SMS messages, AI-powered phishing attacks, or, as I recently reported, the skyrocketing number of ransomware threats. And ransomware is the subject of this latest, critical, warning from the FBI. This time involving the Scattered Spider threat group which has made headlines after taking responsibility for multiple retail sector attacks including that against Marks & Spencer in the U.K. which is estimated to have cost the high street chain at least $600 million. Now the group is targeting the airline industry, the FBI has warned, both directly and through the entire supply chain. Here's what you need to know. FBI Confirms Scattered Spider Attacks Targeting Transportation A June 26 report from ransomware analysts at Halcyon warned that there were 'indications that Scattered Spider is also now targeting the Food, Manufacturing, and Transportation (particularly Aviation) sectors in the US.' This has now been confirmed by the FBI which provided a statement to me by email that said: 'The FBI has recently observed the cybercriminal group Scattered Spider expanding its targeting to include the airline sector.' The statement continued to confirm that the ransomware group is using the same methods during this surge of attacks into new sectors, namely 'social engineering techniques, often impersonating employees or contractors to deceive IT help desks into granting access.' Specifically, Scattered Spider looks to bypass mutli-factor authentication, commonly referred to as MFA or 2FA, by using various methods to get those help desks to 'add unauthorized MFA devices to compromised accounts.' Scattered Spider has been on the FBI radar for a number of years, with a joint cybersecurity advisory alongside the Cybersecurity and Infrastructure Security Agency published in 2023 in response to what it described as 'activity by Scattered Spider threat actors against the commercial facilities sectors and subsectors.' The FBI told me that it is currently actively working with aviation and industry partners 'to address this activity and assist victims,' and urged anyone who thinks their organization may have been targeted to contact their local FBI office. In the meantime, beware of anyone asking for unauthorized 2FA devices to be added to accounts and follow established security processes and procedures to the letter, no matter what the person making the request may say.
Yahoo
39 minutes ago
- Yahoo
Final battle damage assessment of US strikes on Iran will be key in US push for Iran nuclear deal
As the Trump administration looks to quickly pivot from military strikes to a diplomatic deal on Iran's nuclear program, the final military and intelligence assessment on the recent US strikes will be critical in informing what the Trump administration needs to accomplish in future Iran negotiations. Trump's special envoy Steve Witkoff will need to use that final battle damage assessment – including a detailed summary of the facilities' damage and the locale of the nuclear material – to help formulate the US strategy for diplomatic efforts to completely halt the regime's ability to develop a nuclear weapon in the future, current and former US officials explained. 'You're not going to the negotiation assuming that the other side is going to tell you everything you need to know about the state of their program,' explained Pranay Vaddi, a former senior official for nonproliferation at the National Security Council. 'We need to have a baseline that is established by the US intelligence community before that,' Vaddi added. 'If the Trump administration is committed to some kind of deal still – which it makes statements on – they need to know what they were able to get through military action, compared to what they need to get through the diplomatic process.' President Donald Trump continues to claim that Iran's nuclear program has been 'fully obliterated,' which does not mirror an early assessment from the Defense Intelligence Agency, finding that the attack did not destroy the core components of the country's nuclear program. The early assessment has split lawmakers on the effectiveness of the strikes. And Trump's absolutist pronouncements could also complicate Witkoff's job, officials said. Even if the facilities themselves have been badly damaged, it does not mean that the nuclear program itself has been wholly destroyed. Prior to the US strikes, experts and former officials had expressed skepticism about the idea that the nuclear program could be militarily destroyed, noting that there would still be people with the knowledge to support it. 'The basic problem is that the equivalency between the success of the bombing and the success of ending the nuclear program is putting pressure on having this narrative that there isn't a threat,' said Beth Sanner, former deputy director for national intelligence. 'If you think that you've eliminated the nuclear program then you are not dealing with the fact that there is some residual of that program.' And while the final battle damage assessment will be important to take into account, future negotiations with Iran should prioritize getting the UN's nuclear watchdog back on the ground in Iran, said former officials who worked on previous Iran negotiations. 'I don't know that there will be any assessment that I think is fully viable until there are inspectors on the ground,' said a former senior US official who worked on past Iran negotiations. 'We must recreate the kind of intrusive verification and monitoring that was in the 2015 deal.' The International Atomic Energy Agency (IAEA) had a presence in Iran before the 2015 nuclear deal signed during the Obama administration – a deal which Trump pulled the US out of during his first term – but the presence of IAEA inspectors in the country drastically increased as a result of that deal. 'The deal meant there were inspectors on the ground 24/7, there was electronic monitoring, there was a process by which – that didn't exist anywhere else in the world – that if there was intelligence about a suspected site, if Iran, over a period of some days, couldn't satisfy the IAEA that there was a reason the IAEA could go and inspect,' the official explained, citing some benefits of the IAEA inspection efforts. But this week the Iranian parliament this week suspended its work with the IAEA, because of the 'regrettable role' played by the agency's chief Rafael Grossi, Iran's foreign minister said. Iran accused Grossi of facilitating the US and Israeli strikes in Iran, citing an IAEA report a day prior to the Israeli strike, which declared Iran was violating its nuclear non-proliferation obligations. This move follows years of Iran making moves to restrict the agency's oversight of it's program. For example, in 2022 Iran responded by removing surveillance cameras from key sites after IAEA censured Iran over uranium particles found at the undeclared sites. The steps that would need to be taken as part of any verifiable deal on Iran's nuclear program would likely include: destroying elements of the program that still exist, monitoring any further activity, blending highly enriched uranium, and declaring parts of the program that are in use. In order to prepare to take those steps, inspectors on the ground would be essential, former officials pressed. 'I think it's been a long time since the US intelligence assessments have been accepted globally as authoritative when it comes to Iran's nuclear program. They would certainly be challenged by Iran. In order to have a successful negotiation everybody needs to at least agree on the source of facts,' said Laura Holgate, the former US Ambassador to the United Nations International Organizations in Vienna. 'The IAEA will be needed to develop a new baseline of what exactly Iran has, where it is, and what its condition is in, and that's going to take time, and it will be based on Iran's cooperation,' Holgate added. With the IAEA access being diminished over the years and virtually nonexistent at this moment, the world now has large gaps in its knowledge of Iran's nuclear inventory. That is particularly true when it comes to the locale of Iran's enriched uranium. Trump administration officials have said in recent days that the stockpile was not moved ahead of the US strikes but the IAEA said Iran may have moved some of the enriched uranium out of the sites before they were attacked. Vice President JD Vance said the day after the strikes that working on what to do about that fuel would be a priority for the US. 'We're going to work in the coming weeks to ensure that we do something with that fuel. And that's one of the things that we're going to have conversations with the Iranians about,' Vance said. Republican Rep. Michael McCaul, a member of the House Foreign Affairs Committee, cited the importance of having 'a full accounting' following an all-member classified briefing on Capitol Hill earlier this week. 'There is enriched uranium in the facilities that moves around, but that was not the intent or the mission,' McCaul said. 'We need a full accounting. That's why Iran has to come to the table directly with us, so the IAEA can account for every ounce of enriched uranium that's there, I don't think it's going out of the country, I think it's at the facilities.' The final US military 'battle damage assessment could take days or even weeks to complete,' multiple sources familiar with the Pentagon's process told CNN. CIA Director John Ratcliffe on Wednesday said the agency underscored that a broad intelligence community effort is ongoing to determine the impact of the US strikes on three of the country's nuclear sites on Saturday. The Trump administration was already working on possible terms to offer Iran to bring them back to the able for nuclear deal talks before the US military strikes occurred. But if they are able to pull Iran back to the table, they will have to then enter into much more technical talks to put a legitimate and verifiable deal into place. 'I think that you want to strike while the iron is hot, to try and get them to the table while they're feeling weak,' Sanner said. 'One of the key requirements for the negotiation is setting mechanisms for cataloging Iran's residual capabilities in order to have that conversation and ultimately a deal that is worth the paper it is written on.'
Yahoo
39 minutes ago
- Yahoo
Liverpool agree fifth summer signing as transfer spree continues
Liverpool continue to be the busiest Premier League club in the transfer window after agreeing a deal for their fifth signing of the summer. The Merseyside outfit wasted little time in getting down to business after winning the title at a canter in 2024/25, suggesting they are not ready to rest on their laurels. Advertisement Jeremie Frimpong was the first to arrive at Anfield in a £29 million deal with Bayer Leverkusen, replacing right-back Trent Alexander-Arnold who joined Real Madrid on a free transfer. That preceded the blockbuster signing of Florian Wirtz from the same German club in a deal worth up to £116m, providing a major boost to Arne Slot's squad. Goalkeeper Armin Pecsi arrived from Puskas Akademia in a £3 million deal in early June after Caoimhín Kelleher moved to Brentford, while Milos Kerkez completed his £40m move from Bournemouth this week. Liverpool agree fifth summer signing as transfer spree continues The latest player to join the Reds' ranks is former Newcastle United shot stopper Freddie Woodman. Liverpool announced on Saturday that the goalkeeper had agreed to sign a contract with the club following the expiration of his deal at Preston North End later this month. Advertisement The 28-year-old will provide cover for Alisson Becker and Giorgi Mamardashvili, who arrives this summer after Liverpool agreed a £29m deal with Valencia last year. Importantly, Woodman is a homegrown player, meaning he won't take up one of Liverpool's 17 non-homegrown slots on the UEFA squad list. Liverpool have now spent £172m, which could rise to £188m, this summer, but they are still not done in the transfer window. They have also been linked with possible moves for Crystal Palace defender Marc Guehi and Newcastle United striker Alexander Isak. Read – RB Leipzig join chase for Liverpool midfielder See Also – Five Bundesliga players Premier League clubs should be interested in this summer Follow The Football Faithful on Social Media: Facebook | Instagram | Twitter | YouTube | TikTok
