Security Middle East and Africa

In 2024, a small Argentine town called San Pedro made international headlines when thousands of residents discovered a crypto platform they backed was a scam. This platform, RainbowEx, was the core focus of the story; but the true story went unreported. RainbowEx was not a one-off, but rather a repeatable template built on a Chinese app framework now linked to more than 236,000 scam sites worldwide, many of them touching business networks.

Palo Alto Networks and Red Hat today announced a collaboration to help organizations identify vulnerabilities early and deploy protections fast across open source software, commercial applications, operational technology (OT) and healthcare technologies.

Proofpoint and IBM X-Force have played a key role in a global law enforcement operation that disrupted the StealC malware ecosystem, dealing a significant blow to one of the cybercriminal underground’s most active information-stealing platforms. The operation, carried out in June 2026 as part of Operation Endgame, was coordinated by Europol with support from multiple international law enforcement agencies and private-sector partners.