Category: Machine Learning

MIL-OSI Banking: Top 25 global banks post 9.4% revenue growth YoY in 2024 but profits under pressure, reveals GlobalData

Source: GlobalData

The world’s top 25 global banks reported 9.4% year-on-year (YoY) revenue growth in 2024 despite global economic pressures, with Sberbank Rossii, BBVA, and UBS Group standing out as key performers. However, profit margins were mixed, as many banks faced higher costs, regulatory tightening, and geopolitical uncertainty, highlighting the growing gap between revenue performance and overall financial health, finds GlobalData, a leading data and analytics company.

Most of the top 25 banks reported YoY growth in their top-line performance, with Sberbank Rossii and BBVA emerging as top performers, posting a growth of 54% and 30.3%, respectively. UBS Group also registered a growth of 22.3%.

Murthy Grandhi, Company Profiles Analyst at GlobalData, comments: “Sberbank Rossii emerged as the top performer in revenue defying broader geopolitical and macroeconomic pressures. The bank reported double-digit revenue growth, supported by a strong rebound in Russia’s domestic economy, stabilizing inflation, and high interest margins but its net income sharply declined into negative territory, reflecting the combined impact of macroeconomic instability, currency depreciation, and mounting operational constraints due to international sanctions.”

Similarly, BBVA achieved a 28.9% growth in interest income, driven by its geographic diversification, particularly in Mexico and Turkey, where interest margins widened significantly.

Another bank to deliver outstanding results was UBS Group, with revenue jumping 22.3% YoY, and a robust five-year CAGR of 17.4%—largely reflecting its landmark takeover of Credit Suisse. However, net income plummeted by over 80%, underscoring the short-term cost burdens and integration risks associated with the acquisition.

Top Chinese banks—ICBC, China Construction Bank, Agricultural Bank of China, and Bank of China—reported modest revenue and income growth. ICBC’s 2024 revenue marginally declined (-0.6% YoY), while Agricultural Bank posted the strongest five-year CAGR in assets among the Chinese peers (8.8%). Margin compression due to policy-induced rate caps and slower domestic economic growth weighed on profitability. Nonetheless, their asset bases continue to expand steadily, reflecting domestic dominance and strong government backing.

JPMorgan Chase led the revenue charts with an impressive $278.9 billion in 2024, representing a YoY growth of 16.5% and a five-year CAGR of 16.5%. The surge was underpinned by elevated net interest income amid sustained high rates and robust trading performance. Its net income reached $58.5 billion (18% YoY growth), with asset growth moderating to 3.3%, reflecting balance sheet prudence amid tightening regulations.

Bank of America and Citigroup also benefitted from the high-rate cycle. Citigroup notably recorded a 13.96% revenue CAGR, with 2024 revenues at $170.8 billion. However, asset contraction (-2.4% YoY) reflects restructuring and divestments in underperforming regions.

European banks, long plagued by negative rates and fragmented markets, appear to be rebounding. BNP Paribas and HSBC posted robust revenue CAGR of 13.1% and 14% respectively, supported by diversified global operations and cost rationalizations. Notably, Societe Generale and Credit Agricole recorded revenue CAGR above 17%, with net income rebounds of over 60% YoY, albeit from low bases. These turnarounds suggest successful strategic pivots and a more favorable interest rate environment in the Eurozone.

Grandhi concludes: “Looking ahead, global banks face a mixed landscape. Easing inflation could trigger interest rate cuts in the US and Europe, potentially impacting net interest margins. However, this may be offset by the revival in credit demand and easing capital costs. Regulatory tightening, especially in the US and China, will challenge profitability. Additionally, banks exposed to emerging markets must navigate currency volatility and political instability.

“Digital transformation and green financing will remain pivotal themes. Institutions investing in fintech partnerships, AI-led customer engagement, and ESG-aligned lending are likely to outperform.”

MIL OSI Global Banks –

May 7, 2025
MIL-OSI Economics: Top 25 global banks post 9.4% revenue growth YoY in 2024 but profits under pressure, reveals GlobalData

Source: GlobalData

The world’s top 25 global banks reported 9.4% year-on-year (YoY) revenue growth in 2024 despite global economic pressures, with Sberbank Rossii, BBVA, and UBS Group standing out as key performers. However, profit margins were mixed, as many banks faced higher costs, regulatory tightening, and geopolitical uncertainty, highlighting the growing gap between revenue performance and overall financial health, finds GlobalData, a leading data and analytics company.

Most of the top 25 banks reported YoY growth in their top-line performance, with Sberbank Rossii and BBVA emerging as top performers, posting a growth of 54% and 30.3%, respectively. UBS Group also registered a growth of 22.3%.

Murthy Grandhi, Company Profiles Analyst at GlobalData, comments: “Sberbank Rossii emerged as the top performer in revenue defying broader geopolitical and macroeconomic pressures. The bank reported double-digit revenue growth, supported by a strong rebound in Russia’s domestic economy, stabilizing inflation, and high interest margins but its net income sharply declined into negative territory, reflecting the combined impact of macroeconomic instability, currency depreciation, and mounting operational constraints due to international sanctions.”

Similarly, BBVA achieved a 28.9% growth in interest income, driven by its geographic diversification, particularly in Mexico and Turkey, where interest margins widened significantly.

Another bank to deliver outstanding results was UBS Group, with revenue jumping 22.3% YoY, and a robust five-year CAGR of 17.4%—largely reflecting its landmark takeover of Credit Suisse. However, net income plummeted by over 80%, underscoring the short-term cost burdens and integration risks associated with the acquisition.

Top Chinese banks—ICBC, China Construction Bank, Agricultural Bank of China, and Bank of China—reported modest revenue and income growth. ICBC’s 2024 revenue marginally declined (-0.6% YoY), while Agricultural Bank posted the strongest five-year CAGR in assets among the Chinese peers (8.8%). Margin compression due to policy-induced rate caps and slower domestic economic growth weighed on profitability. Nonetheless, their asset bases continue to expand steadily, reflecting domestic dominance and strong government backing.

JPMorgan Chase led the revenue charts with an impressive $278.9 billion in 2024, representing a YoY growth of 16.5% and a five-year CAGR of 16.5%. The surge was underpinned by elevated net interest income amid sustained high rates and robust trading performance. Its net income reached $58.5 billion (18% YoY growth), with asset growth moderating to 3.3%, reflecting balance sheet prudence amid tightening regulations.

Bank of America and Citigroup also benefitted from the high-rate cycle. Citigroup notably recorded a 13.96% revenue CAGR, with 2024 revenues at $170.8 billion. However, asset contraction (-2.4% YoY) reflects restructuring and divestments in underperforming regions.

European banks, long plagued by negative rates and fragmented markets, appear to be rebounding. BNP Paribas and HSBC posted robust revenue CAGR of 13.1% and 14% respectively, supported by diversified global operations and cost rationalizations. Notably, Societe Generale and Credit Agricole recorded revenue CAGR above 17%, with net income rebounds of over 60% YoY, albeit from low bases. These turnarounds suggest successful strategic pivots and a more favorable interest rate environment in the Eurozone.

Grandhi concludes: “Looking ahead, global banks face a mixed landscape. Easing inflation could trigger interest rate cuts in the US and Europe, potentially impacting net interest margins. However, this may be offset by the revival in credit demand and easing capital costs. Regulatory tightening, especially in the US and China, will challenge profitability. Additionally, banks exposed to emerging markets must navigate currency volatility and political instability.

“Digital transformation and green financing will remain pivotal themes. Institutions investing in fintech partnerships, AI-led customer engagement, and ESG-aligned lending are likely to outperform.”

MIL OSI Economics –

May 7, 2025
MIL-OSI United Kingdom: Cyber sector is target for growth as Government supports businesses against serious organised cyber crime
Source: United Kingdom – Executive Government & Departments

Press release

Cyber sector is target for growth as Government supports businesses against serious organised cyber crime

The cyber sector will be a “prime target for economic growth” in the upcoming Industrial Strategy, as the government secures Britain’s future and delivers the Plan for Change.
Cyber will be a “prime target for economic growth” in upcoming Industrial Strategy as government secures Britain’s future and delivers the Plan for Change.

Boosting cyber sector will deliver double dividend of producing home grown jobs as well as protecting growth in other sectors.

UK to invest £8 million in Ukrainian cyber defences, more than £1 million to protect Moldovan elections, and extra £7 million in Laboratory for AI Security Research.

The cyber sector will be a “prime target for economic growth” in the upcoming Industrial Strategy, as the government secures Britain’s future and delivers the Plan for Change.

Chancellor of the Duchy of Lancaster Pat McFadden will say that boosting the cyber sector will deliver the double dividend of producing home grown jobs as well as protecting growth in other sectors by improving cyber security.

Speaking at one of the country’s largest cyber security conferences on Wednesday, the minister will warn that the recent attacks on household retailers are “serious organised crime”.

But he will tell the audience of tech experts and business leaders gathered at CyberUK in Manchester that the digital world also presents a huge economic opportunity for the whole country – with the average cyber salary in North West England already climbing to £54,600.

He will announce that the government will turbo charge the sector in the upcoming Industrial Strategy, which will be a blueprint for kick-starting economic growth to put more money in working people’s pockets.

To ensure the government pulls every growth lever at its disposal, he will add the government is supporting an independent cyber growth report from experts at Imperial College and Bristol University, which will quickly deliver recommendations by the end of the summer.

Pat McFadden’s speech follows cyber attacks on M&S, the Co-op and Harrods, which he will address, saying:

Cyber attacks are not a game. Not a clever exercise. They are serious organised crime. The purpose is to damage and extort. The digital version of an old fashioned shake down. Either straight theft or a protection racket where your business will be safe as long as you pay the gangsters.

What we have seen over the past couple of weeks should serve as a wake-up call for businesses and organisations up and down the UK, as if we needed one, that cybersecurity is not a luxury but an absolute necessity.

Turning to seize the economic prize on offer, he will explain:

But there is enormous potential for cyber security to be a driving force in our economy – creating jobs, growth and opportunities for people. It’s already a sector on the up – with over 2,000 businesses across the UK.

We want the benefits of the cyber industry to reach into communities all across the country. And that is why cyber will be a prime target for economic growth in the upcoming Industrial Strategy, as the Government secures Britain’s future. It is going to be a significant commitment, a vote of confidence in your sector, and one that will tell the world: the UK plans to be a global player in cyber security for decades to come.

Cyber is already contributing to growth across the UK. The sector holds 67,000 jobs, up 6,600 in the last year, and revenues now top £13bn, up by 12% year-on-year.

Recognising the potential for public and private sector cooperation to deliver growth, the Chancellor of the Duchy of Lancaster will also deliver a progress update on the Laboratory for AI Security Research (LASR) he launched last November. In just months, it has funded 10 PhDs at the University of Oxford; 9 researchers at The Turing Institute and pioneering research through 8 leading UK universities including Queen’s University Belfast and Lancaster University.

He will rocket charge LASR with an additional £7 million of government funding and announce a new partnership with worldwide technology leader Cisco:

Cisco will work with LASR, and in particular the NCSC, to run challenges across the UK and build a demonstrator here in the North West to showcase how our scientists and entrepreneurs can work together to manage the risks, build the skills and grasp the opportunities of AI security. This is the first collaboration of its kind with LASR, and will be a trailblazer where others can follow to help LASR drive cutting-edge research into the impact of AI on national security.

Cementing the UK’s commitment to the security of its allies, he will announce the government is investing £1.1 million to give the Moldovan Government tools to protect the country’s upcoming Parliamentary Election, alongside additional funding for Ukraine:

Ukraine has put up an incredibly brave fight against Putin’s cyberwarfare, and we have vowed to stand shoulder to shoulder with Ukraine for as long as long as it takes to defend their sovereignty. And so we are going to invest £8 million in the Ukraine Cyber Programme over the next year to continue to counter the Kremlin’s cyber aggression.

The speech comes as the Department for Science, Innovation and Technology launches a suite of measures to bolster cyber protection for individuals and businesses across the UK.

Measures set to be unveiled by Minister Clark at CyberUK include:

A new Software Security Code of Practice will be published today by the Department for Science, Innovation and Technology, to communicate essential steps every organisation developing or selling software should be taking to secure their products.

This innovative guidance mirrors previous guidance issued by the government, called the AI Security Code of Practice, which will today be adopted by the European Telecommunications Standards Institute as baseline steps organisations in all countries should follow.

To help inoculate businesses against cyberattacks, the government will also drive investment into CHERI, a ‘magic chip’ that builds advanced memory protections in microprocessors, blocking up to 70 per cent of common cyber attacks. £4.5 million will be spent helping firms bring these chips to market, find customers and break down barriers to adoption.

Share this page

The following links open in a new tab

Share on Facebook (opens in new tab)

Share on Twitter (opens in new tab)

Updates to this page

Published 7 May 2025
MIL OSI United Kingdom –
May 7, 2025
MIL-OSI Africa: Afreximbank sees opportunities in the cotton sector as it hosts partnership’s steering committee

Source: Africa Press Organisation – English (2) – Report:

CAIRO, Egypt, May 7, 2025/APO Group/ —

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) recently hosted a two-day meeting of the Steering Committee of the Partenariat pour le Coton (PPC), a global platform established to support transformation and value addition in the cotton-textile-garment (CTG) sector in developing countries.

With an initial focus on the C4+ countries (Benin, Burkina Faso, Chad, Mali, and Côte d’Ivoire), PPC aims to drive sustainable transformation and value addition in the CTG sector by enhancing economic returns, creating employment opportunities, and promoting economic, social and environmental sustainability.

Delivering the opening remarks at the meeting, held at Afreximbank Headquarters in Cairo from 28 to 29 April, Mrs. Kanayo Awani, Executive Vice President for Intra-African Trade and Export Development at Afreximbank, noted that development of the cotton sector presents significant opportunities to enhance economic growth across Africa— contributing between 45 and 60 per cent of GDP and foreign exchange earnings in some countries. However, she highlighted a recent study by the Steering Committee which revealed that textile and garment manufacturing sector in some C4+ countries remains at a nascent stage.

“Therefore, to upgrade and integrate into the global cotton sector value chain, we must address a range of issues, including low yields and limited processing capacity, climate change and variability, market fluctuations, global cotton prices, weak infrastructure and inadequate access to modern technology,” added Mrs. Awani.

She emphasised that, as a member of the C4+ initiative, Afreximbank is committed to supporting African countries to move up the cotton value chain – transforming raw cotton into textiles and clothing. Working with strategic partners, Afreximbank aims to help establish modern textile and garment industries in C4+ countries and across the continent to realise the development aspirations of the African Union’s Agenda 2063 and the United Nations Sustainable Development Goals.

Mrs. Awani noted that the Steering Committee’s deliberations were centred on mobilising capital and investment to transform the African cotton sector. She highlighted several financial and non-financial instruments that Afreximbank could deploy to support this goal, including project preparation funding, tailored financing and advisory solutions, debt and equity financing, export advisory services, SME support, insurance solutions, digital platforms to improve market access and compliance, and trade facilitation and investment promotion support.

“Through our active participation in the Partenariat pour le Coton, we reaffirm our commitment to supporting Africa’s drive for sustainable industrialisation and local value addition. By working alongside partners, we are helping unlock critical investments, strengthening technical capacity, and promoting sustainable practices across the cotton sector. The outcomes of this Steering Committee meeting represents an important step towards realising the C4+ countries’ vision of a globally competitive cotton-textile-garment industry. Afreximbank remains committed to championing initiatives that create jobs, boost trade and drive inclusive economic transformation,” Mrs. Awani informed participants during the meeting.

Emphasising the importance of the outcome in his opening remarks, Mr. Jean-Marie Paugam, Deputy Director-General of World Trade Organisation (WTO), and Chairperson of the steering committee stated: ‘I hope that the discussions over these two days will yield concrete results for the industrialisation and local processing of cotton in partner countries. We will be able to report these results to WTO members at our next discussion on cotton, scheduled for the 14^th of May at the WTO, which will address all issues facing the cotton industry in the C4 and other developing countries.”

The meeting, which brought together key stakeholders working to advance sustainable industrialisation across Africa’s CTG value chain, also included the formal signing of an amendment to the Trust Fund Agreement between Afreximbank and UNIDO. This amendment reinforces Afreximbank’s US$ 80,230 grant to finance a baseline study critical to the development of the cotton-to-textile value chain under the PPC – delivered within a WTO-FIFA cooperation framework.

Participants included the Chairperson, Mr. Jean-Marie Paugam, Deputy Director-General of the World Trade Organisation (WTO); Mr. Gunther Berger, Managing Director at UNIDO; Ms. Alimatou Shadiya Assouman, Minister of Trade and Industry of Benin; and Mr. Eric Trachtenberg, Executive Director of the International Cotton Advisory Committee (ICAC), among others. Also present were technical partners including Gherzi Textile Organization, which has supported the PPC process since the baseline study phase, and Otto Group Scan-Thor Group.

Membership of the PPC includes Afreximbank, WTO, UNIDO, ICAC, the International Labour Organisation (ILO), the International Trade Centre (ITC), Better Cotton, FIFA, and the governments of the C4+ countries.

MIL OSI Africa –

May 7, 2025
MIL-OSI: After Strong Quarter, Radware Announces U.S. Expansion

Source: GlobeNewswire (MIL-OSI)

MAHWAH, N.J., May 07, 2025 (GLOBE NEWSWIRE) — Radware^® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, is executing an aggressive strategy to expand its market presence and accelerate growth across its cloud services business in the U.S. The company is making strategic new hires, adding tech alliances, and reinforcing its commitment to AI innovation. The announcement follows Radware’s report on its strong first quarter financial results.

“Increasing business opportunities have led us to fast track an aggressive U.S. growth plan,” said Roy Zisapel, Radware’s president and chief executive officer. “We are doubling down our efforts in the region. This includes strengthening our bench of security experts, bringing more technical support and cloud delivery services closer to our customer base, and stepping up our competitive game. Our new U.S. executives have built a revenue generation engine designed to win customers and increase market share.”

New U.S. leadership
Radware is investing in a new team of seasoned security leaders, charged with overseeing growth across the region. Radware’s new U.S executives include Constance (Connie) Stack, chief growth officer; Randy Wood, senior vice president of North American sales; and Joshua Bafalis, director of acquisition sales.

Stack joined Radware from NextDLP where she was CEO. During her 24-month tenure, she grew ARR by more than 300%, resulting in the company’s successful acquisition by Fortinet in August 2024. Wood previously served as senior vice president of North American sales at Akamai for five years, delivering consistent double-digit growth in application security during that time. Bafalis, formerly regional vice president of sales at Cloudflare, played a key role in scaling the Cloudflare channel and alliance business.

Expanding workforce
To accelerate growth, Radware has filled 30+ new positions in the U.S. across sales, marketing, cloud services, and customer support. The company has added account executive roles and cloud service engineers tasked with facilitating cloud delivery and a follow-the-sun service model. Interested candidates should visit the Radware careers page.

New tech alliances
In April, Radware announced a collaboration with SUSE. The partnership brings together the industry’s only Kubernetes Web Application and API Protection (KWAAP) from Radware with SUSE^® Rancher Prime and SUSE^® Security. The unique combination provides a world-class solution for modern application developers who need to secure distributed Kubernetes workloads at scale.

Investing in AI
Radware accelerated its AI innovation with the launch of AI SOC Xpert, a next-gen cloud service designed to fight AI-driven threats using agentic-AI threat detection and response. This addition to the Radware^®EPIC-AI™ platform empowers SOC teams to instantly detect attacks, access real-time forensics, and deploy one-click, AI-generated remediation—cutting mean time to resolution by up to 95%.

U.S. senior leadership commentary
“Having spent the last 25 years of my career scaling early- and late-stage, venture- and PE-funded security start-ups to successful acquisitions, I know how to grow a SaaS business,” said Connie Stack, Radware’s chief growth officer. “We are putting these growth strategies into place, at scale at Radware. We have the tech and the team to dominate the U.S. application security market.”

“Joining Radware is an exciting move,” said Randy Wood, Radware’s senior vice president of North American sales. “I know this space and the players in it; I’m confident that Radware’s superior tech can and will beat the competition. I see a clear path for Radware to lead. The strength of our first quarter performance is just the beginning—what’s ahead is even bigger.”

“Many U.S. enterprises are still navigating their journey to the cloud and require both on-prem and cloud solutions,” said Josh Bafalis, Radware’s director of acquisition sales. “Unlike cloud-only competitors, Radware bridges on-prem and cloud seamlessly. We offer the expertise and tech to support businesses at every stage of their cloud transition without multi-vendor chaos and integration complexity.”

About Radware
Radware^® (NASDAQ: RDWR) is a global leader in application security and delivery solutions for multi-cloud environments. The company’s cloud application, infrastructure, and API security solutions use AI-driven algorithms for precise, hands-free, real-time protection from the most sophisticated web, application, and DDoS attacks, API abuse, and bad bots. Enterprises and carriers worldwide rely on Radware’s solutions to address evolving cybersecurity challenges and protect their brands and business operations while reducing costs. For more information, please visit the Radware website.

Radware encourages you to join our community and follow us on Facebook, LinkedIn, Radware Blog, X, and YouTube.

©2025 Radware Ltd. All rights reserved. Any Radware products and solutions mentioned in this press release are protected by trademarks, patents, and pending patent applications of Radware in the U.S. and other countries. For more details, please see: https://www.radware.com/LegalNotice/. All other trademarks and names are property of their respective owners.

Radware believes the information in this document is accurate in all material respects as of its publication date. However, the information is provided without any express, statutory, or implied warranties and is subject to change without notice.

The contents of any website or hyperlinks mentioned in this press release are for informational purposes and the contents thereof are not part of this press release.

Safe Harbor Statement
This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements made herein that are not statements of historical fact, including statements about Radware’s plans, outlook, beliefs, or opinions, are forward-looking statements. Generally, forward-looking statements may be identified by words such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “plans,” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could.” For example, when we say in this press release that our superior tech can and will beat the competition, we are using forward-looking statements. Because such statements deal with future events, they are subject to various risks and uncertainties, and actual results, expressed or implied by such forward-looking statements, could differ materially from Radware’s current forecasts and estimates. Factors that could cause or contribute to such differences include, but are not limited to: the impact of global economic conditions, including as a result of the state of war declared in Israel in October 2023 and instability in the Middle East, the war in Ukraine, tensions between China and Taiwan, financial and credit market fluctuations (including elevated interest rates), impacts from tariffs or other trade restrictions, inflation, and the potential for regional or global recessions; our dependence on independent distributors to sell our products; our ability to manage our anticipated growth effectively; our business may be affected by sanctions, export controls, and similar measures, targeting Russia and other countries and territories, as well as other responses to Russia’s military conflict in Ukraine, including indefinite suspension of operations in Russia and dealings with Russian entities by many multi-national businesses across a variety of industries; the ability of vendors to provide our hardware platforms and components for the manufacture of our products; our ability to attract, train, and retain highly qualified personnel; intense competition in the market for cybersecurity and application delivery solutions and in our industry in general, and changes in the competitive landscape; our ability to develop new solutions and enhance existing solutions; the impact to our reputation and business in the event of real or perceived shortcomings, defects, or vulnerabilities in our solutions, if our end-users experience security breaches, or if our information technology systems and data, or those of our service providers and other contractors, are compromised by cyber-attackers or other malicious actors or by a critical system failure; our use of AI technologies that present regulatory, litigation, and reputational risks; risks related to the fact that our products must interoperate with operating systems, software applications and hardware that are developed by others; outages, interruptions, or delays in hosting services; the risks associated with our global operations, such as difficulties and costs of staffing and managing foreign operations, compliance costs arising from host country laws or regulations, partial or total expropriation, export duties and quotas, local tax exposure, economic or political instability, including as a result of insurrection, war, natural disasters, and major environmental, climate, or public health concerns; our net losses in the past and the possibility that we may incur losses in the future; a slowdown in the growth of the cybersecurity and application delivery solutions market or in the development of the market for our cloud-based solutions; long sales cycles for our solutions; risks and uncertainties relating to acquisitions or other investments; risks associated with doing business in countries with a history of corruption or with foreign governments; changes in foreign currency exchange rates; risks associated with undetected defects or errors in our products; our ability to protect our proprietary technology; intellectual property infringement claims made by third parties; laws, regulations, and industry standards affecting our business; compliance with open source and third-party licenses; complications with the design or implementation of our new enterprise resource planning (“ERP”) system; our reliance on information technology systems; our ESG disclosures and initiatives; and other factors and risks over which we may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Radware, refer to Radware’s Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC), and the other risk factors discussed from time to time by Radware in reports filed with, or furnished to, the SEC. Forward-looking statements speak only as of the date on which they are made and, except as required by applicable law, Radware undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made. Radware’s public filings are available from the SEC’s website at www.sec.gov or may be obtained on Radware’s website at www.radware.com.

The MIL Network –

May 7, 2025
MIL-OSI Australia: Thomson Reuters SYNERGY Conference
Source: New places to play in Gungahlin

Jeremy Hirschhorn, Second Commissioner, Client Engagement Group
Panel discussion at the Thomson Reuters SYNERGY Conference
Sydney, 13 March 2025
(Check against delivery)

Macro trends in taxation of large corporations

Thank you for the opportunity to speak on today’s panel on the topic of preparing for tax change, particularly in the context of large corporations, whether domestic or multinational.

I would like to start with 2 very important provisos: firstly, I’m reminded of the old adage, to be very cautious before making predictions, especially about the future. And secondly, that these are the observations of an administrator – the bricklayer, not the architect – and certainly not with the intention to be suggestions on policy or the merits of future policy directions.

Today I will touch on the following 5 topics:
- context as to the status quo in Australia
- which country gets to tax a multinational’s profits?
- increased focus on the uncertain topic of ‘tax certainty’
- transparency giving confidence to other participants
- the ‘fifth pillar’ of third-party data.
Some context as to the status quo in Australia

The Australian setting is, in some ways, an ideal one for a tax administrator. We have a general population with financial and economic literacy and a keen eye for where something is fair, or it isn’t, particularly when it comes to paying tax. Because most Australians honestly pay the tax that is due (perhaps not always enthusiastically or exuberantly, but recognising the benefits of our social compact), they are very focused on making sure that other participants, particularly the rich and powerful, are also making their contribution. This is reflected in our ‘tax gap‘ analysis, which estimates that the Australian system is collecting about 93% of the tax legally due and payable. Australians also demand fiscal responsibility from their Governments.

The Australian social compact is based on an expectation Government will play a significant role in social matters, especially in health, disability services, aged care, and social security. Political differences mainly go to the level of this role, rather than its existence. There is also an expectation that Governments will show discipline and strive for balanced budgets over the economic cycle – to sustainably pay for the above!

In the last 2 years, the Government has achieved a surplus, supported by historically high employment and commodity prices (and the tax that flows from these), and our largest taxpayers have contributed significant levels of corporate tax to Federal Government revenues (even after taking into account franking benefits). This revenue goes a long way to support the priorities for spending by the Government of the day.

Taking a longer-term perspective, the nature of the Australian economy is that the level of corporate tax collections has been relatively high as a percentage of GDP compared with many other developed countries, perhaps due to the relative immobility of much of the corporate activity in Australia (such as mining). This means that any reduction in corporate tax rate would require a very significant increase in overall corporate investment to be revenue neutral. As such, Australian Governments, given the community’s expectation of fiscal discipline, have historically found it challenging to dramatically pivot away from the existing corporate tax base.

Which country gets to tax a multinational’s profits?

One current area of flux is the question global tax policy makers have been collectively thinking about for a number of years: in a global economy, who gets to tax corporate profits?

We’ve seen a macro trend over the decades to reduce taxes in market jurisdictions (unless there was a physical presence), with reductions or elimination of withholding taxes, custom duties and tariffs. (And as an aside, the flip side of this macro trend is the focus of companies on optimising supply chains and transfer pricing, and tax administrations on challenging transfer mis-pricing). This trend has arguably been partially offset with the conversion of sales taxes to value-added taxes (VATs) which implicitly tax some value generated offshore. More recently, VATs have been bolstered to apply to imported ‘business to consumer’ (B2C) services and B2C low value goods (rarely captured under the superseded sales tax and customs duties regimes).

In the global economy of 2025, the model of economic participation with limited physical presence in a jurisdiction is increasingly prevalent, and this puts strain on market jurisdictions’ tax collections. From a tax administration perspective, this has been exacerbated by the international tax system effectively allowing significant profits to be booked in neither the market jurisdiction nor the ownership jurisdiction (where the underlying intellectual property driving value was developed), in combination with corporate tax rate competition (often by previously comparably taxed, but now lowly taxed, jurisdictions).

Until very recently, the focus of much international tax discussion was on providing additional (but carefully limited) taxing rights to market jurisdictions (and limiting incentives to book profits in intermediate untaxed or low taxed jurisdictions). Possible solutions being discussed included extending the coverage of VATs, the implementation of Digital Services Tax (DSTs), and the OECD’s pillars work. However, there is now a new countervailing argument that taxation by the market jurisdiction should be severely limited and taxation (or not!) of corporate profits should be reserved to the ownership jurisdiction.

This debate is fundamentally driven not just by economic concepts, but by national interests and cultural views as to the role of taxation and what is fair. Multilateral consensus may be increasingly difficult, but bilateral arrangements are also challenging in an interconnected world, making this a delicate dance for governments from a policy perspective, as well as administrators.

I note that the increased capability and use of AI if anything exacerbates this trend and tension, and also raises new tax technical, policy, practical and economic questions. For example, can a market country tax the value generated by (mobile) robots (even if it wants to) or is the value in the data and the physical data centres, and can a country tax that?

Increased focus on tax certainty – but is the concept of tax certainty itself uncertain?

Often there is a (simplistic) proposition that we need increased tax certainty. It is beyond today’s scope to explore in detail, but I wanted to briefly reflect on what ‘tax certainty’ means from different perspectives. My proposition is that there is a balance to be struck between the ‘certainty’ meant and desired by each stakeholder, and that the ‘certainty’ of one stakeholder group (including the tax administrator!) cannot be excessively privileged over others.

For Governments, tax certainty at the very least means broad predictability of the tax base for the country to pay for recurrent programs the community expects the Government to adequately fund, like healthcare, law enforcement and education. As well, governments require certainty that new tax policy settings won’t create unintended market distortions or taxpayers seeking out arrangements for the purposes of tax (usually avoidance) that they otherwise wouldn’t. Putting it another way, tax policy should not be inadvertently defined by unintended loopholes. The retention of ‘tax sovereignty’ is also critical to any Government.

For taxpayers, there is a desire for ‘tax legislative certainty’ and ‘tax administration certainty’ (often blurred together). A well-designed system will ideally provide as much technical certainty as possible as well as certainty in the administrator’s view of the law, allowing taxpayers to correctly anticipate their obligations, and take informed positions consistent with their risk posture where their analysis of the law might differ from the administrator’s. It includes some sense of a ‘statute of limitations’, that (most) matters will be finalised within a reasonable time. It also means that, in the event of a dispute, there is confidence that there is access to an independent legal system. Often there is an element of ensuring that there is not double taxation of the same profits in different jurisdictions. As an aside, I would suggest that ‘double inclusion’ (where the profits are taxed, but only at nominal rates, in one of the jurisdictions) is not the same as ‘double taxation’. I would also add that, in my experience, there remains significantly more ‘double non-taxation’ in the international tax system than ‘true’ double taxation.

Another (often overlooked or discounted) element of tax certainty for taxpayers is ‘tax setting certainty’, i.e. that longer-term settings are relatively stable (although noting the need for every Government to retain tax sovereignty). Over the last decades, we have seen ‘favourable instability’ in the sense of a macro trend towards reductions (sometimes dramatic reductions) in corporate tax rates globally (and even in Australia, where it is sometimes forgotten that the top corporate tax rate was almost 50% 40 years ago). Arguably this has provided windfall gains to already deployed capital on long term projects.

The corollary is that a company should be cautious in assuming ‘setting stability’ in modelling possible investment in a country that has an attractively low corporate tax rate (or has other incentives), but is running unsustainable deficits. At some stage that country is likely to be forced to change either its spending or its taxation. Therefore, in making capital deployment decisions, investors should consider more than the current fiscal settings, but also how a country may seek (or be forced) to change those settings in future: and even if the changes do not directly change the taxation of the enterprise, they may affect its employees or customers, resulting in other pressures on the enterprise’s profitability.

A revenue authority or administrator needs the ability to check and, if need be, challenge affairs of taxpayers to ensure tax law is complied with. On the other hand, a tax administrator will be acutely sensitive to any concept of tax certainty (or measures to provide ‘tax certainty’) which can be used as a practical shield for aggressive tax planning.

Transparency giving confidence to other participants

Another element of ‘tax certainty’ is that the broader citizenry has confidence that all taxpayers, especially the largest ones, are meeting their obligations and do not have unfair access to concessions or loopholes. Transparency is critical in providing this certainty and confidence.

I’ve spoken before about how important transparency is, and I might expand on it now, particularly how it touches each segment of taxpayers. Australia has had a significant focus in recent years in increasing transparency across the tax system.

The first increase we’ve seen is in transparency to the public by companies around their specific tax affairs. This is seen in several avenues, both through the ATO’s reporting (such as the corporate tax transparency report), and by companies themselves publishing information on their websites (for example under the Board of Taxation Voluntary Tax Transparency CodeExternal Link).

Secondly, we’ve seen an increase in transparency to the public by tax administrators as to the health of the system overall. Through the ATO’s tax gap program, we publish reports on the estimated difference between what we expect to collect and the estimated full amount that would have been collected if every taxpayer was fully compliant with the law. In 2023–24 we released 8 different reports on our observations for income tax and GST, especially regarding larger taxpayers, including settlement statistics for public and multinational businesses. We also publish information on our super guarantee compliance results, our resolved objections from taxpayers, and figures regarding help given to individuals and small businesses experiencing vulnerability.

Thirdly, the ATO has increased transparency to taxpayers on our administrative view on key circumstances and tax settings. We do this because it’s important taxpayers across all segments can have confidence in how the ATO will view their arrangements and won’t be pursuing them for compliance issues in the future. Although challenged by some as somehow ‘extra-legal’, we consider that taxpayers are unambiguously better off if they know the ATO’s risk parameters – although taxpayers might not agree with our parameters, they must be better off being able to make an informed risk-based decision than operating in the dark!

Fourthly, we are providing tax assurance reports to large taxpayers so that they know how they are viewed by the ATO, for example through our justified trust program. This is supplemented by ‘population level’ statistics as to tax behaviours of the ‘peer group’. This means that large taxpayers have much more knowledge of where they stand with the ATO, as well as relative to others.

As the community expectation of transparency increases, and more taxpayers place importance on showing their compliance to internal and external stakeholders, I would posit that we are likely to see not only an increase in the volume of transparency across all of the aspects above, but also a standardisation and integration of currently disparate measures.

Third-party data – the ‘fifth pillar’

Under traditional analysis, there are 4 pillars of tax compliance: registration, lodgment, payment and correct reporting. Increasingly at the ATO we are ‘splitting out’ third-party reporting (i.e. reporting on the tax affairs of others) as a ‘fifth pillar’ in its own right.

What has become increasingly critical in a modern tax system is reliance of the system on third-party data provided by large corporations (ideally the ones now showing high levels of compliance!) which fuels how taxpayers of all size interact with their tax obligations.

Third-party data gives administrators the ability to feed information into the system that makes complying easier, and importantly, not complying harder. More and more information like interest and dividend income, standardised investment trust data, salary, health insurance data and information about contractors, are all going directly into tax systems. This trend will continue, and we’ll see the classic concept of ‘self-assessment’ (at least for those with simpler affairs) being gradually replaced with ‘assisted assessment’ where taxpayers are provided a comprehensive picture of their own data which they then largely simply confirm.

Modern tax administrators, therefore, will be asking for new data sources from companies holding relevant information, and tax systems will increasingly be defined around the fifth pillar of third-party data, rather than vice versa.

Conclusion

All this speaks to the relative health of Australia’s tax system, and while the ATO will always primarily focus on its purpose, which is to collect the taxes due so that Government can provide the services that the Australian community requires, the questions and challenges that stem from further abroad are important to ponder in ensuring our resilience and effectiveness in an uncertain world.

Thank you once again for the opportunity to appear on this panel and for your attention, and I look forward to responding to your questions and observations.

MIL OSI News –
May 7, 2025
MIL-OSI Australia: Speech to UNSW 16th ATAX International Conference
Source: New places to play in Gungahlin

Jeremy Hirschhorn, Second Commissioner, Client Engagement Group
Speech delivered at the UNSW 16th ATAX International Conference
on Tax Administration
Sydney, 8 April 2025
(Check against delivery)

Thank you for having me today.

In reflecting on this topic and preparing for today, I have realised the real topic I would like to discuss is trust:
- The trust given to tax administrators to perform a vital function: to fairly collect tax so that Governments can provide services to citizens.
- As part of this trust, the powers given to the Australian Taxation Office (ATO) to access sensitive financial information about people, as well as powers of enforcement.
- The fact that this sensitive information is not only shared but compulsorily shared.
- Given the trust placed in the tax administrator, the need for the tax administrator (and I would argue any Government agency and even systemically important private firm) to be worthy of that trust (and I emphasise here the subtle difference between aiming to be trusted versus striving always to be trustworthy).
So today, I will only touch on some of the actual uses of artificial intelligence (AI) and automation by the ATO. The focus will be on how a tax administrator should approach its duty to be trustworthy in the area of data, automation and AI.

If you are going to use automation and AI, make sure your data settings are right

Good use of AI starts with a strong culture of ethical stewardship of all data use and sharing. This includes an ethical approach to transparency about how you are storing the data and the safeguards in place to protect it, and crucially, the ethical administration of systems.

The ATO has a range of formal governance arrangements in place for use of data in the organisation, as well as a number of APS-wide ones we align our practices to. We’ve developed further guidelines including Chief executive instructions for our staff, and the ATO data ethics principles which are published on our website as our public commitment to Australian taxpayers. They lay out the protocols that govern how we collect and store data, what it’s used for, and who the data is shared with. The 6 data ethics principles are worth briefly highlighting for you here:
1. Act in the public interest, be mindful of the individual which ensures we recognise our actions impact the community and individuals.
2. Uphold privacy, security and legality which respects the privacy of every individual and the wider community and ensures we prioritise keeping their information safe protected and only securely shared within the law.
3. Explain clearly and be transparent which acknowledges the need for us to be open and communicate how we use data in a way that is universally accessible and easy to understand.
4. Engage in purposeful data activities which keeps us accountable to using data in a way which aligns with our purpose, and where it’s necessary to perform the functions we are responsible for.
5. Exercise human supervision which highlights the importance we place on human oversight and accountability for our data activities and the decisions we make.
6. Maintain data stewardship ensures we protect the data we hold and that when we acquire or share data, we will agree with other agencies and departments on how the data will be used and kept securely.
Underpinning good decision making (whether by carbon or silicon!) is high quality data. The ATO has some of Australia’s largest data holdings, and we invest heavily in the quality of that data and work hard to make sure it’s usable.

Without good data, you won’t get too far, in fact, you’ll probably go far in the wrong direction.

We don’t ‘own’ taxpayer data, we hold it ‘on trust’

Everyday Australians trust us to acquire and hold their private financial information. Importantly, this sharing is not freely chosen by individuals, but is compulsory.

Further, in the context of information obtained under compulsory powers, taxpayers must provide us information even if that information would be self-incriminating. This particular exception to the general rule in a liberal democracy is justified on the basis that some financial information is uniquely in the possession of the taxpayer, and the job of a tax administrator could be easily frustrated without this exception.

These factors emphasise the sensitivity and care with which we must treat taxpayer data. On-sharing of this data, even with other parts of Government, must be strictly in accordance with law. But perhaps more importantly, and a lesson from Robodebt, is that the tax administrator must continue to act as a steward of that data even after it has been legally shared.

Beware ‘data hubris’

It is very important to make sure your use of data takes into account its quality and reliability.

We now tend to think of data as on a curve:
- Level 1 is taxpayer provided data, where there is no bulk data set available, such as work-related expense claims where taxpayers keep their receipts.
- Level 2 is where we can obtain data after the event to check that data, but maybe not at scale.
- Level 3 is where the data can be sourced to be used as a risk indicator pre or post lodgment but it is not of a quality or type that would be productive to expose to taxpayers.
- Level 4 is where the data is of a high enough quality that it can be used to assist taxpayers to comply as they lodge.
- Level 5 is where the data is very high quality and can be used to pre-fill returns as presumptively correct.
- Level 6 is where the data is so reliable that the tax system is actually designed around the data.
Importantly, before making any decision based on data, it is critical to understand the potential impact on the taxpayer of the tax administrator making a mistake, and to ensure that you have the procedural and cultural safeguards to protect against ‘high impact actions’ made in error.

This focus on potential errors is very hard. It forces you to understand the other person’s world (and how your actions may affect it). Thinking about errors requires a discipline as classic measures such as complaint levels or error rates do not get to the heart of whether your errors are impactful or not. Being a data-driven organisation arguably exacerbates (rather than improves) this challenge – it is all too easy to fall in the trap of ‘data hubris’.

Ideally these potential errors are identified while they are still ‘potential’. However, a tax administrator must remain hyper-vigilant. Noting that most people are fundamentally honest, a high ‘hit rate’ should be viewed with great caution. It is more likely to be a sign of ‘data hubris’ than widespread non-compliance, and should be treated as such until proven otherwise. The UK Post Office scandal is a prime example of an institution having excessive trust in the computer systems and insufficient trust in ordinary people.

AI may be a helper. It can move things around, it can link, synthesise and analyse information, and it can do some things much faster and more consistently than we as humans can. But AI cannot determine what constitutes fairness and reasonableness, having considered unique taxpayer circumstances with compassion and empathy. (And, in my experience, perhaps most dangerously, AI doesn’t know when to say it doesn’t know). AI should be thought of as a bionic arm. It’s an extension of our thinking and our actions; a tool – but not a replacement.

What this means is that any decision which adversely affects the rights of taxpayers should be made by a human.

But further, I would posit that, even in some future where AI passes some form of advanced Turing’s test for compassion and empathy, part of the social compact with citizens is that they want a human to make decisions with important impacts on their life.

This does not mean that the use of automation and AI is limited to ‘service’, but ‘service’ enabled by automation and AI, such as pre-fill, is of extraordinary value to citizens in making their lives easier. Automation and AI can be very useful for risk analysis and case selection: for analysing documents for key information to support auditors getting to the heart of a matter quickly, and for nudging taxpayers in real time when they may be taking unwise actions.

I would further posit that another element of the trust equation (at least for a tax administrator, if not every Government and large organisation) is that actions or decisions should be explicable by a human to the affected person in a way that the affected person can understand (even if automated or performed by AI). If you do not know why your organisation is doing things (‘the computer said so’), you are breaching your responsibility to be accountable to both the individual taxpayer, but also the broader system.

Automation and AI will amplify your biases

Building on the ‘data hubris’ point, automation and AI will reflect and possibly amplify previous hidden biases (whether you are a public or private sector organisation). An example of this was the Dutch child care scandal, where the risk rules underpinning an anti-fraud compliance program were found to be biased against non-citizens.

Again, bias is a very tricky thing for individuals and institutions to self-identify, so it is important to be vigilant about possible implicit biases leading to systemic issues.

Of course, the biases can be hiding in the original training set, but importantly can also arise from how you ‘train’ the AI on an on-going basis. I remember reading an article, probably 25 years ago, entitled “Is your spreadsheet a tax evader?”. The article was based on 2 premises:
1. that pretty much every complicated spreadsheet has bugs and
2. although the bugs might be evenly distributed at first (so the spreadsheet is equally likely to over or under calculate the tax bill), over time they become skewed due to how people using the spreadsheet respond to surprises.
Where there is an unpleasant surprise, people will dig into it and find and fix the underlying bug. But where there is a pleasant surprise, people will be much less diligent in working out why (which means ‘pleasant’ bugs remain, but ‘unpleasant’ bugs are weeded out, so over time the tax spreadsheet will systemically understate tax payable).

Similar risks apply to training an AI model. If your users/trainers only query ‘unpleasant’ results (from their perspective), the model will gradually skew, even if it started off unbiased. A tax administrator must be careful that their AI does not get progressively more defensive of the revenue, but similarly that a private sector tax AI model does not evolve into an aggressive tax planner!

Data is uranium

There is a strong temptation for a tax administrator to take on more and more data, a temptation strengthened in the era of AI, which can feed off sprawling data sets.

It has often been said that ‘data is gold’ or ‘data is the new oil’. But I would say that ‘data is uranium’ (I wish I had coined this, but I have taken it from others). Before you get it you better know how you’re going to use and store it and there needs to be very good reasons to take the risk!

I would also say that, as a tax administrator in a liberal democracy, and as part of the trust equation, the usefulness of the data must be measured against the intrusiveness of the request. Taking on data ‘just in case’, or because it might be handy for AI analysis will not pass the test.

In fact, I would argue the opposite – that AI and digitalisation can enable tax administration with less intrusive data collection. In other words, as taxpayers are increasingly digitalised, a tax administrator should explore moving their administration (risk engines, etc.) to the taxpayer’s natural systems (and data), rather than needing to acquire and hold all that data. The further advantage of this philosophy is that it helps taxpayers to minimise their chance of making a mistake and coming to our attention.

Automation and AI is now part of the job

In my earlier points I urged caution about automation and AI. But this is in the context that it is now part of the core function of a tax administrator, from both service and compliance perspectives, as well as the efficient use of the resources provided to a tax administrator to acquit its duties.

Do not focus so much on the risk of doing things, that you ignore the risk of not doing things!

I have emphasised above that, before embracing automation and AI, it is necessary to get your data settings in order. For a period, you can rely on your governance around data and IT systems. At some point (probably now or soon), automation and AI become so critical that you can no longer rely on those governance frameworks, but need specific governance.

And finally, just in case, be nice to Siri, she may have a long memory …

MIL OSI News –
May 7, 2025
MIL-OSI: UNICOM Engineering Announces Strategic Partnership with E4 Computer Engineering to Deliver Advanced AI Infrastructure Solutions

Source: GlobeNewswire (MIL-OSI)

CANTON, Mass., May 07, 2025 (GLOBE NEWSWIRE) — UNICOM Engineering announces a strategic partnership with E4 Computer Engineering, the Italian leader in High-Performance Computing (HPC) and AI-driven solutions. This collaboration expands UNICOM Engineering’s presence in the European market by offering comprehensive, integrated AI infrastructure solutions designed to accelerate deployment and optimize performance.

The partnership combines UNICOM Engineering’s expertise in liquid cooling technologies and custom server solutions with E4’s extensive experience designing and deploying advanced HPC-AI and dense compute solutions across various sectors, including Research and Development, Banking, Government, Automotive, and Aerospace.

“This strategic partnership with E4 Computer Engineering represents an important step in our European expansion strategy,” said Rusty Cone, General Manager of UNICOM Engineering. “Combining our engineering expertise and technology portfolio with E4’s market presence and industry knowledge, we’re uniquely positioned to deliver the next generation of AI-ready infrastructure solutions to the European market. Together, we’re enabling our customers to accelerate their AI initiatives while addressing critical challenges around power efficiency and sustainability.”

Accelerating AI Adoption Through Advanced Infrastructure

The partnership aims to deliver comprehensive infrastructure solutions optimized for AI workloads, including systems powered by the latest accelerated computing technologies. UNICOM Engineering brings its expertise in developing thermal management and immersion cooling solutions, which are crucial for handling the intense power densities of modern AI systems, while E4 contributes its extensive experience in designing, deploying, and supporting complex HPC and AI environments.

“Organizations across EMEA are looking forward to harnessing the transformative potential of AI, but face significant infrastructure challenges,” said Cosimo Damiano Gianfreda, CEO and Co-founder of E4. “Our partnership with UNICOM Engineering allows E4 to address these challenges head-on, providing our customers with purpose-built solutions that deliver the performance they need while meeting their sustainability goals. We’re excited to combine our expertise to drive AI innovation across the Italian and Swiss markets.”

This partnership enables enterprises to achieve faster time to value for their AI investments, with infrastructure solutions designed to deliver optimal performance while addressing the power and cooling challenges that often complicate AI deployments.

About UNICOM Engineering
UNICOM Engineering is a leading provider of purpose-built application platforms, appliances, and life cycle deployment services for solution providers and OEMs serving the global data center, storage, security, communications, video, and healthcare IT markets. We are best known for our solution design technologies, integration expertise, and unique deployment capabilities. Our turnkey platforms and appliances are designed for longevity and backed by life cycle management services. We create products and business solutions that solve deployment challenges, accelerate time to market, reduce ownership costs, and increase business efficiencies. For more information, visit www.unicomengineering.com.

About E4
E4 is an Italian provider of High-Performance Computing (HPC) and AI-driven solutions. With a strong focus on innovation and technical excellence, E4 designs, develops, and delivers advanced computing systems and services to research institutions, enterprises, and government organizations. The company’s expertise spans various sectors, including scientific research, finance, automotive, aerospace and more. E4 is dedicated to helping its customers harness the power of cutting-edge technologies to drive innovation and achieve their strategic objectives. For more information, visit www.e4company.com.

Media Contacts

UNICOM Engineering Contact:
Lisa Ryan
lisa.ryan@unicomengineering.com

E4 Contact:
Maria Chiara Marchi
mariachiara.marchi@e4company.com

The MIL Network –

May 7, 2025
MIL-OSI: ProLogium Collaborates with Kyushu Electric on Next-Gen Batteries for Heavy Machinery
Source: GlobeNewswire (MIL-OSI)

TAIPEI, Taiwan, May 07, 2025 (GLOBE NEWSWIRE) — ProLogium Technology, the global leader in LCB-based next-generation battery innovation, today announced a strategic partnership with Japan’s Kyushu Electric Power. Together, the two companies will co-develop a 24V LCB (Lithium Ceramic Battery) module tailored for construction machinery applications, with plans to jointly unveil the technology at CES 2026.

This collaboration marks another significant milestone in ProLogium’s global new energy strategy, showcasing its technological prowess and growing market influence. Looking ahead, the two parties will continue deepening their cooperation—expanding the deployment of clean energy solutions not only in construction but also across broader energy sectors, paving the way for a more sustainable industrial future.

Synergy-Driven Innovation for Heavy Machinery

This partnership combines ProLogium’s cutting-edge battery technology with Kyushu Electric Power’s expertise in module design and end-user integration. The result: a high-performance, durable, and versatile energy solution tailored to the demanding operational needs of construction machinery. ProLogium will supply its industry-leading lithium ceramic batteries, while Kyushu Electric Power will take the lead in developing the 24V modules and integrating them into heavy equipment for end users.

Compared to conventional lithium-ion batteries, ProLogium’s LCB modules offer several compelling advantages:
- Enhanced Safety: ProLogium’s next-generation battery utilizes a fully inorganic electrolyte and highly stable cathode and anode materials, effectively minimizing risks of thermal runaway and fire. It is equipped with an Active Safety Mechanism (ASM) that automatically activates under high-temperature conditions, significantly improving safety performance in demanding operational environments.
- High Energy Density: Without compromising safety, ProLogium employs high-activity materials such as a 100% silicon composite anode to substantially boost energy density. This allows for a more compact and lightweight battery pack while delivering outstanding range and power performance—ideal for heavy machinery where both performance and space efficiency are critical.
- Outstanding Low-Temperature Performance: Engineered to operate reliably in extreme cold, the battery ensures stable operation and sustained power output, supporting heavy machinery in prolonged, high-intensity tasks under low-temperature conditions.
- Fast Charging × Durability for Optimized Operational Efficiency: With outstanding fast-charging capability, ProLogium batteries significantly reduce charging time, lowering equipment downtime and replacement frequency. This not only eases the burden of procuring backup vehicles but also enhances operational continuity. Coupled with long service life and high performance, the solution offers greater stability, reduced maintenance costs, and improved overall operational efficiency.
The collaboration will make its first public appearance at CES 2026, where the companies will jointly showcase their technical achievements and engage with potential partners.

Advancing Low-Carbon Transformation in the Heavy Industry Sector

Beyond improving operational efficiency, the partnership aims to promote greener, more resource-efficient industrial practices. By cutting carbon emissions, reducing pollution, and increasing energy utilization, ProLogium and Kyushu Electric Power aspire to offer sustainable battery solutions for the future. ProLogium’s next-gen LCBs maintain stable performance under harsh environmental conditions—maximizing energy efficiency.

The collaboration aligns with global trends toward carbon neutrality and green technology, leading the construction machinery industry toward a cleaner, low-carbon future. With its high safety standards, energy density, fast-charging capability, and excellent low-temperature discharge performance, ProLogium’s lithium ceramic battery is not only ideal for electric vehicles but also well-suited for heavy-duty applications and beyond.

Vincent Yang, founder and chairman of ProLogium stated:

“As the world accelerates its shift toward sustainability, electrification in construction and heavy industries is both urgent and inevitable. We are honored to partner with Kyushu Electric Power to bring our next-generation LCB technology into the heavy machinery sector, elevating energy efficiency, safety, and endurance.

Together, we are committed to advancing green energy transformation and building a low-carbon, sustainable future. This partnership enables us to deliver longer-range energy solutions for heavy-duty operations, enhance productivity with fast-charging capabilities, and ensure stable battery performance in extreme cold—all contributing to the electrification of heavy industry and a cleaner future for global infrastructure.”

The MIL Network –
May 7, 2025
MIL-OSI: Dassault Systèmes: declaration of the number of outstanding shares and voting rights as of April 30, 2025
Source: GlobeNewswire (MIL-OSI)

Press Release
VELIZY-VILLACOUBLAY, France — May 7, 2025


Declaration of the number of outstanding shares and
voting rights as of April 30, 2025

Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced below the total number of its outstanding shares and voting rights as of April 30, 2025, according to articles 223-16 and 221-3 of the General Regulation of the Autorité des marchés financiers.

Number of outstanding shares: 1,340,781,968

Number of voting rights*: 2,013,969,163

*The total number of voting rights is calculated on the basis of the total number of outstanding shares, even if the voting rights attached thereto are suspended, pursuant to Article 223-11 of the General Regulation of the Autorité des marchés financiers relating to the method for calculating the percentages of holdings in shares and in voting rights. We invite our shareholders to refer to this article should they need to declare crossing of thresholds.

Declarations related to crossing of threshold must be sent to:
Dassault Systèmes, Investor Relations Service, 10, rue Marcel Dassault, CS 40501, 78946 Vélizy-Villacoublay Cedex (France). E-mail address: Investors@3ds.com

###

ABOUT DASSAULT SYSTÈMES

Dassault Systèmes is a catalyst for human progress. Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. With Dassault Systèmes’ 3DEXPERIENCE platform, 370 000 customers of all sizes, in all industries, can collaborate, imagine and create sustainable innovations that drive meaningful impact. For more information, visit www.3ds.com

Dassault Systèmes Investor Relations Team                FTI Consulting
Béatrix Martinez :                                        Arnaud de Cheffontaines: +33 1 47 03 69 48
+33 1 61 62 40 73                                        Jamie Ricketts : +44 20 3727 1600
investors@3ds.com

Dassault Systèmes Press Contacts
Corporate / France
Arnaud Malherbe: +33 1 61 62 87 73
arnaud.malherbe@3ds.com

© Dassault Systèmes. All rights reserved. 3DEXPERIENCE, the 3DS logo, the Compass icon, IFWE, 3DEXCITE, 3DVIA, BIOVIA, CATIA, CENTRIC PLM, DELMIA, ENOVIA, GEOVIA, MEDIDATA, NETVIBES, OUTSCALE, SIMULIA and SOLIDWORKS are commercial trademarks or registered trademarks of Dassault Systèmes, a European company (Societas Europaea) incorporated under French law, and registered with the Versailles trade and companies registry under number 322 306 440, or its subsidiaries in the United States and/or other countries. All other trademarks are owned by their respective owners. Use of any Dassault Systèmes or its subsidiaries trademarks is subject to their express written approval.

Attachment
- Dassault Systèmes: declaration of the number of outstanding shares and voting rights as of April 30, 2025
The MIL Network –
May 7, 2025
MIL-OSI: IdentityIQ $1 Free Trial [2025] Top Identity And Credit Protection Services!
Source: GlobeNewswire (MIL-OSI)

Temecula, CA, May 07, 2025 (GLOBE NEWSWIRE) —

IdentityIQ, a leading provider of identity theft protection and credit monitoring services, is offering a 7-day trial for just $1 in 2025. The initiative aims to provide individuals and families affordable access to comprehensive identity protection solutions.

⇒ Get Premium Protection with IdentityIQ Free Trial Offer!

With the increasing prevalence of cyber threats and identity fraud, IdentityIQ’s free trial for $1 only offers users the opportunity to experience its robust suite of identity protection solutions before committing. The 7-day trial includes real-time credit monitoring, dark web surveillance, and up to one million dollars in identity theft insurance coverage.

The trial also contains features like identity theft monitoring and application alerts, allowing users to test features for safeguarding against various forms of identity fraud.

To enroll in the IdentityIQ trial offer, user can visit IdentityIQ.com and select a plan that best suits their needs. After the trial period, users have the option to continue with a full subscription, ensuring uninterrupted protection.

⇒ Experience Top-Tier Identity Protection with IdentityIQ Free Trial!

About IdentityIQ

Founded in 2009, IdentityIQ is committed to delivering top-tier identity theft protection and credit monitoring services. The company offers a range of plans designed to meet the diverse needs of its clientele.

IdentityIQ provides the tools necessary to navigate the digital landscape securely. With a multi-layered approach to digital security, IdentityIQ offers comprehensive services, including real-time credit monitoring, dark web surveillance, and up to $1 million in identity theft insurance. Their Enhanced Credit Monitoring provides users with alerts on critical changes, such as the addition of authorized users or significant fluctuations in credit scores, enabling early detection of potential fraud.

IdentityIQ’s commitment extends to providing personalized support through a U.S.-based customer care team and a dedicated fraud restoration team.

In the event of identity theft, the company offers comprehensive assistance, including legal support and reimbursement for stolen funds, ensuring users can recover with minimal disruption.

⇒ Start strong with the IdentityIQ $1 free trial and full features!

Why IdentityIQ is Essential in 2025

Digital threats have become more sophisticated today, making identity protection a necessity for everyone. IdentityIQ stands out as an essential service in 2025, offering comprehensive identity theft protection and credit monitoring. Their proactive approach, combined with user-friendly tools and dedicated support, protects individuals against online threats.

IdentityIQ offers comprehensive services to safeguard personal and financial information. Their plans include real-time credit monitoring, dark web surveillance, and up to $1 million in identity theft insurance, providing users with robust protection against potential breaches.

⇒ Protect your financial future with IdentityIQ $1 free trial!

IdentityIQ’s credit monitoring services keep a vigilant eye on users’ credit reports, alerting them to any significant changes. This proactive approach enables individuals to respond swiftly to unauthorized activities, minimizing potential damage.

The company’s dark web surveillance scans for personal information that may have been compromised. If sensitive data is detected, IdentityIQ promptly notifies the user, allowing immediate action to prevent misuse. This feature is crucial in an era where cybercriminals frequently trade stolen information online.

Additionally, IdentityIQ’s identity theft insurance offers financial protection, covering expenses related to identity restoration. This includes reimbursement for lost wages, legal fees, and other costs incurred during the recovery process. Such coverage provides peace of mind to users navigating the aftermath of identity theft.

⇒ Detect threats early—start IdentityIQ $1 free trial today!

The service’s user-friendly interface allows individuals to access their credit information and receive alerts easily. Users can monitor their credit scores, track changes, and receive timely notifications, facilitating informed financial decisions. This accessibility empowers users to take control of their financial health.

The company’s U.S.-based customer support team provides assistance during incidents of identity theft. They guide users through the recovery process, offering expert advice and support. This personalized service enhances the overall user experience.

IdentityIQ offers flexible plans to cater to varying needs and budgets. From basic monitoring to comprehensive protection, users can select a plan that aligns with their requirements. This adaptability ensures that a broad audience can benefit from their services.

⇒ Your Identity Deserves the Best Defense – Try IdentityIQ!

IdentityIQ Reviews: Features and User Experience

Advanced Identity Monitoring

IdentityIQ extends its protection well beyond credit monitoring by tapping into a wide range of data sources to spot early signs of identity theft, especially across high-risk areas like the dark web and public databases.

Dark Web Surveillance: IdentityIQ continuously scans the dark web, where stolen personal data is frequently bought and sold. Its thorough monitoring searches for exposed Social Security numbers, names, addresses, and other sensitive information that could indicate fraud.

⇒ Stay ahead of fraud with IdentityIQ $1 free trial protection!

Criminal Record Alerts: The service keeps tabs on both national and international criminal databases, flagging any arrests or convictions linked to your name and date of birth. This vigilant tracking helps ensure you’re not mistakenly implicated if someone else uses your identity in legal trouble—a surprisingly common risk.

Address Change Tracking: To prevent mail fraud and unauthorized account openings, IdentityIQ monitors both credit bureau data and the National Change of Address registry for any suspicious updates to your address. This dual-layered approach strengthens your defenses against fraudsters rerouting your personal information.

Robust Family Identity Protection

With identity theft increasingly targeting children, IdentityIQ offers essential safeguards for families. A 2018 Javelin Strategy & Research report found that over 1 million U.S. children were affected by identity theft in 2017, resulting in nearly $2.7 billion in losses. Shockingly, the majority of these victims were under age 7, and another 20% were between 8 and 12.

IdentityIQ helps parents stay vigilant by offering monitoring services that track their child’s Social Security number and flag potential misuse. These tools allow families to act quickly and prevent serious damage before it starts.

⇒ Protect Your Identity and Finances with IdentityIQ Free Trial!

Frequent Credit Reports & Scores

Credit health plays a critical role in spotting identity theft, and IdentityIQ equips users with the ability to check their credit reports up to 12 times per year. This frequent access makes it easier to stay on top of your credit status, catch discrepancies early, and maintain a strong financial position.

By delivering comprehensive identity monitoring, proactive family protection, and regular credit access, IdentityIQ offers a well-rounded defense against identity theft. Its services are designed not just to react to threats but to empower users to take control of their security in a constantly evolving digital landscape.

Thorough SSN Monitoring

IdentityIQ offers an enhanced level of protection with its robust Social Security Number (SSN) tracking capabilities. Unlike other identity theft services that only alert you if your SSN is used alongside unfamiliar names or addresses, IdentityIQ takes monitoring a step further. Their system notifies you every single time your SSN is used—no matter the context—giving you full visibility into any activity linked to your number.

This proactive approach allows you to quickly detect potential threats and unauthorized use, ensuring you’re always a step ahead of identity thieves. With IdentityIQ’s real-time alerts and diligent SSN tracking, users gain greater control over their personal security, knowing their sensitive information is constantly under watch.

⇒ Secure Your Identity and Finance for Just $1 – Try IdentityIQ!

Comprehensive Credit Monitoring

IdentityIQ keeps a close eye on your credit, tracking data across all three major credit bureaus—Equifax, Experian, and TransUnion. Users receive timely alerts for any notable changes or suspicious activity within their credit files. Full three-bureau monitoring is included with the Secure Pro and Secure Max plans, while more basic plans provide single-bureau tracking.

The service monitors a variety of credit-related factors, including:
- Updates to personal information or address
- Delinquent accounts or missed payments
- New credit inquiries and loan applications
- Court judgments, public records, and collections
- New credit lines or loans in your name
What sets IdentityIQ apart is its attention to detail. For instance, you’ll get notified when someone is added as an authorized user on your credit card or if a bank card suddenly exceeds its credit limit—alerts that can easily go unnoticed with other services. The platform also keeps tabs on changes in collection balances and closed accounts, adding deeper layers of vigilance.

To fully activate these protective features, IdentityIQ does require you to share detailed personal information during setup, which can be a bit time-intensive. However, for users who are serious about safeguarding their financial identity, peace of mind and depth of protection make it a worthwhile investment.

⇒ Unlock your credit report using the IdentityIQ $1 free trial!

Robust Identity Theft Insurance

Restoring your identity after theft can be a daunting and expensive process, often requiring legal expertise. In the U.S., attorney fees typically range from $100 to $400 per hour, which can quickly add up. That’s where IdentityIQ’s identity theft insurance comes in, offering up to $1 million in coverage to protect against both direct losses and the hidden costs that come with reclaiming your identity.

This extensive insurance package covers a wide range of incidents, including:

Reimbursement for Stolen Funds

If hackers drain your bank account through unauthorized electronic fund transfers, IdentityIQ’s insurance will reimburse the stolen amount, helping to cushion the financial blow.

Legal Fees and Related Costs

Identity theft recovery can involve legal battles. IdentityIQ’s policy covers legal fees and expenses, so you won’t have to shoulder the burden of high attorney costs alone. This is a standout feature, as other identity protection services don’t include legal coverage within their insurance plans.

⇒ Safeguard Your Identity with IdentityIQ Comprehensive Protection!

Compensation for Lost Wages

If your recovery process forces you to miss work, IdentityIQ provides wage reimbursement of up to $1,500 per week for as long as five weeks, ensuring that your financial stability isn’t compromised during this stressful period.

Miscellaneous Expenses

From postage and notarization fees to document replacement costs, the policy also reimburses a variety of incidental expenses tied to your identity recovery.

While other identity protection services may offer similar $1 million insurance policies, IdentityIQ’s inclusion of legal and wage loss coverage gives it a clear advantage. This comprehensive safety net helps users feel more secure knowing they’re fully supported, both legally and financially, should identity theft occur.

⇒ Experience Proactive Identity Monitoring with IdentityIQ Today!

Simple, Streamlined Dashboard

Beyond its powerful features, what truly matters is how effortlessly you can manage them—and IdentityIQ delivers with its easy-to-navigate dashboard. Available via the IdentityIQ website, the dashboard offers a clear, at-a-glance summary of your credit status, identity monitoring alerts, and credit scores from all three major bureaus. It’s designed for clarity, with a feature list that lets you quickly identify any additional protections you might want to explore, such as monitoring for social media fraud.

In your account settings, it’s simple to update personal details, change passwords, and manage security questions. You’ll also find direct access to your monthly credit report, monitoring preferences, and other tools that strengthen your identity security. For users with family coverage, there’s a dedicated option to easily add dependents under your plan, giving you full control of your family’s protection in one place.

The dashboard is intuitive and performs smoothly on a desktop, offering a seamless experience. One thing to note: IdentityIQ doesn’t currently have a standalone mobile app, and while the web version works on mobile browsers, navigation can be a bit trickier on smaller screens. That said, the desktop platform remains a reliable and user-friendly hub for monitoring your identity.

⇒ Sign up for IdentityIQ $1 free trial and receive real-time alerts!

Real-Time Alerts When It Matters Most

In a world where cybercriminals strike fast and quietly, early detection is your best defense. IdentityIQ’s real-time alerts are built to keep you one step ahead. Without regular oversight, you might not notice fraudulent activity until it’s too late—but with IdentityIQ, you’re notified the moment suspicious activity appears on your account.

Think of it as a 24/7 security system for your identity. From sudden changes in your credit report to unauthorized attempts to open new accounts, you’ll receive instant updates that allow you to take action quickly—potentially stopping fraud before it spirals out of control. These daily alerts empower you to respond immediately, giving you the upper hand in preventing financial loss and minimizing recovery time.

Price Information

With flexible plans starting at less than $8 per month, IdentityIQ makes robust identity protection accessible to a broad audience. Their services are designed to adapt to the evolving digital landscape, offering users peace of mind in an increasingly connected world.

⇒ Don’t wait—start the IdentityIQ $1 free trial instantly!

User Experience – Real Buyer Reviews on TrustPilot

Reviews of IdentityIQ often highlight outstanding customer service and strong identity protection. Many users commend the knowledgeable and patient representatives who help navigate credit disputes, data breaches, and security concerns.

Customers appreciate the platform’s ease of use, real-time alerts, and thorough support, which provide peace of mind and confidence in safeguarding personal information.

⇒ Take Control of Your Identity with IdentityIQ $1 Free Trial!

IdentityIQ Stands Strong Against Persistent Identity Theft

A user shared a powerful account of enduring two decades of severe identity theft, which led to bankruptcy and significant personal loss. Despite feeling abandoned by authorities and repeatedly targeted by a skilled fraudster, the user found steadfast support from IdentityIQ. For seven years, the company’s restoration team remained dedicated. They took the client’s case seriously and worked to help restore security. The user expressed deep gratitude to IdentityIQ, crediting their expertise and commitment to giving hope and inspiring the client to share the positive experience in a book.

Exceptional Support and Credit Help from IdentityIQ

A long-time customer praised IdentityIQ for its outstanding service and reliable credit protection. The reviewer highlighted the exceptional help received from a representative, who not only assisted in disputing items on their credit report but also helped their partner join the service. They added extra protection through IdentityIQ’s 24-hour automated identity monitoring and commendable customer service, which provided valuable advice on credit and first-time home buying.

⇒ Empower Yourself with a Comprehensive IdentityIQ Security Solution!

Outstanding Support and Peace of Mind with IdentityIQ

After experiencing a data breach, the reviewer turned to IdentityIQ and was impressed by the prompt and thorough support. Their representative provided professional, empathetic guidance and explained the platform’s features, including real-time alerts and detailed credit monitoring. With the customer representative’s help, the reviewer secured their personal and financial information. IdentityIQ’s swift response brought peace of mind, earning strong recommendations for its reliable identity protection.

⇒️ Try the IdentityIQ $1 free trial and safeguard your identity!

Patient and Reassuring Service from IdentityIQ’s Fraud Team

A reviewer praised IdentityIQ’s fraud team, highlighting the customer support team members for their patience and thorough assistance. Despite personal challenges, the reviewer felt supported and never rushed, as all of his questions were answered clearly. The attentive service provided reassurance and confidence, leaving the reviewer feeling secure and well cared for.

Pros (Based on User Reviews):
- Offers three-bureau credit monitoring
- Includes $1 million identity theft insurance on all plans
- Provides family protection options
- User-friendly dashboard with real-time alerts
- Offers antivirus and VPN add-ons
Cons (Noted by Some Users):
- Higher-tier plans can be more expensive
- No social media monitoring features
- Cancellation process can be cumbersome
⇒ Get real-time alerts fast with the IdentityIQ $1 free trial offer!

Is IdentityIQ Worth It?

If you’re serious about protecting your identity and credit, IdentityIQ offers a solid, well-rounded service that goes beyond the basics. Its standout features include three-bureau credit monitoring, real-time alerts, dark web surveillance, and $1 million in identity theft insurance—covering not just financial losses but also legal fees and lost wages. These elements work together to provide a comprehensive safety net that many other services don’t fully match.

IdentityIQ is especially valuable if you want full visibility over your credit profile and need frequent credit report access (up to 12 times a year). The proactive SSN tracing and address monitoring also gives users an edge in spotting fraud early.

That said, it may not be the cheapest option out there, and the lack of a dedicated mobile app might be a drawback for some. However, for those prioritizing in-depth monitoring and robust insurance protection, the investment is well justified.

In short, if you’re looking for a thorough, proactive approach to identity protection, especially for families or individuals with heightened risk, IdentityIQ delivers strong value and peace of mind.

⇒ Join thousands of satisfied customers who trust IdentityIQ!

Frequently Asked Questions

Is IdentityIQ a scam?

No, IdentityIQ is not a scam. Established in 2009, it has provided identity theft protection and credit monitoring services to over 2 million members. The company holds an A+ rating from the Better Business Bureau and offers features like real-time fraud alerts, dark web monitoring, and up to $1 million in identity theft insurance.

Is IdentityIQ legit?

Yes, IdentityIQ is a legitimate identity protection service. It offers comprehensive monitoring of credit reports from all three major bureaus, dark web surveillance, and identity theft insurance. The service is recognized for its robust security measures and has received positive reviews from reputable sources.

What services does IdentityIQ offer?

IdentityIQ provides identity theft protection, credit monitoring, dark web surveillance, and identity restoration services. Depending on the plan, it includes features like real-time alerts, credit score tracking, and up to $1 million in identity theft insurance.

How much does IdentityIQ cost?

IdentityIQ offers four plans ranging from $6.99 to $32.99 per month. Each plan includes varying levels of credit monitoring, identity theft protection, and additional features like family protection and device security options.

Does IdentityIQ offer family protection?

Yes, IdentityIQ’s higher-tier plans include family protection features. These plans monitor children’s Social Security numbers and provide insurance coverage for dependents, addressing identity theft concerns for families.

Can I cancel my IdentityIQ subscription easily?

IdentityIQ allows cancellations through their customer care team or, where available, via the member dashboard. Some users have reported challenges with the cancellation process, so it’s advisable to review the terms and contact customer support for assistance.

Does IdentityIQ provide antivirus and VPN services?

Yes, IdentityIQ partners with Bitdefender to offer antivirus and premium VPN protection for up to 10 devices. This service is available as an add-on to enhance online security and privacy.

Are there any drawbacks to using IdentityIQ?

While IdentityIQ offers comprehensive protection, some users have noted drawbacks such as higher costs for advanced plans, lack of a free trial, and limited customer support options.

How does IdentityIQ compare to other identity protection services?

IdentityIQ is competitive in offering three-bureau credit monitoring and comprehensive identity theft protection. However, some competitors may offer additional features like social media monitoring or more user-friendly interfaces.

Is IdentityIQ suitable for first-time users?

Yes, IdentityIQ is designed to be user-friendly, making it suitable for first-time users seeking identity theft protection and credit monitoring services. The platform offers a straightforward setup and access to customer support for assistance.

Media Contact

Company: IdentityIQ

Contact Person: Michael M. Aldridge

Email: customerservice@identityiq.com

Address: 43454 Business Park Drive, Temecula, CA 92590, USA

URL: https://www.identityiq.com/

Phone: +1-877-875-4347

Content Accuracy Disclaimer
Every effort has been made to ensure the accuracy of the information presented in this article. However, due to the dynamic nature of product formulations, promotions, and availability, details may change without notice. The publisher makes no warranties or representations as to the current completeness or accuracy of any content, including product claims, pricing, or ingredient lists.
It is the responsibility of the reader to verify product information directly through the official website or manufacturer prior to making a purchasing decision. Any reliance placed on the information in this article is done strictly at your own risk.
Affiliate Disclosure
This article may contain affiliate links. If you purchase a product or service through these links, the publisher may earn a commission at no additional cost to you. These commissions help support the creation of in-depth reviews and educational wellness content.
The publisher only promotes products that have been independently evaluated and deemed potentially beneficial to readers. However, this compensation may influence the content, topics, or products discussed in this article. The views and opinions expressed are those of the author and do not necessarily reflect the official policy or position of any affiliate partner or product provider.
All product reviews and descriptions reflect the author’s honest opinion based on available public data, user feedback, and scientific references at the time of writing. The inclusion of affiliate links does not influence the objectivity or integrity of the content. However, readers are encouraged to independently verify product information and consult with healthcare professionals prior to purchase or use.
No warranties, either expressed or implied, are made about the completeness, accuracy, reliability, or suitability of the content provided. The publisher and all affiliated parties expressly disclaim any and all liability arising directly or indirectly from the use of any information contained herein.
Product and Trademark Rights
All product names, logos, and brands mentioned are the property of their respective owners. Use of these names does not imply endorsement unless explicitly stated. identityiq.com® are the trademarks of its respective brand owner.

Attachment
- IdentityIQ
The MIL Network –
May 7, 2025
MIL-OSI: Netflix Nation: Brits devote 60 days a year to watching streaming services

Source: GlobeNewswire (MIL-OSI)

CAMBRIDGE, United Kingdom, May 07, 2025 (GLOBE NEWSWIRE) — Over one in ten Brits (13%) now spend the equivalent of 60 full days a year watching content on streaming services like Netflix, Disney+, and Prime Video, clocking up more than 1,460 hours of watchtime per year. That’s the same as spending 182 work days watching streaming services.

The data, released by subscription bundling platform Bango (AIM:BGO), is based on insights from 40,000 UK consumers, and shows just how embedded streaming services have become in everyday life.

More than a third (34%) of Brits now watch two or more hours of streaming content per day, the equivalent of 730 hours a year, putting the UK ahead of its European neighbours. In Spain, 29% stream at least two hours daily, compared to 21% in Italy and France, and 18% in Greece.

Streaming also tops the chart for time spent on digital media. UK adults are now more likely to stream content for two or more hours a day (34%) than browse social media (21%), stream music (18%), or scroll TikTok and Reels (13%).

Gen Z watches the most, but Gen X pays the bill

Gen Z leads the way in streaming consumption, with 40% watching at least two hours daily. But it’s Gen X who are footing the bill with 62% covering the cost of streaming services, compared to 51% of Gen Z.

Instead, Gen Z are using those savings on other subscriptions. They’re the most likely to pay for music subscriptions (40%) and are also more likely to shell out for premium social media features (9%), such as Snapchat+ or X Premium.

But Americans still spend the most time streaming

While the UK is ahead of some of its European neighbours, the US remains firmly in first place. 40% of Americans watch at least two hours of streaming content daily, and nearly one in five (18%) watch over four hours every single day.

And it’s not just streaming. In the US, Gen Z is beginning to pay more for other digital experiences too. According to Bango’s Subscriptions Assemble report, almost a quarter (23%) of Gen Z Americans now pay to access premium social media platforms, highlighting a global trend in how younger consumers engage with content.

Many are also accessing these services indirectly through bundles, like those offered by mobile or broadband providers. In fact, the average American now pays for 5.4 subscriptions, with two of those typically paid for as part of a bundle package.

Paul Larbey, CEO of Bango said, “We’re seeing a shift in how younger people are engaging with subscriptions. Gen Z are streaming more than anyone, but they’re selective about where their money goes. They’re investing in experiences that offer personal value — like music and premium social media — rather than footing the bill for standard streaming services.

“Consumers are also turning to bundles, accessing subscriptions through mobile or broadband deals for better value and convenience. This is increasingly common in the US, and we can expect to see a similar trend in the UK. The rise of services like Snapchat+ in telco bundles shows how packaging and flexibility are now just as important as content itself.

“At Bango, we’re driving this change, helping telcos and other service providers deliver the kind of smart, seamless subscription experiences today’s users expect.”

Methodology

Research created by Bango using the GWI consumer insights platform

60 days calculation — 13% of Brits spend 4+ hours per day watching streaming services. 4 x 365 = 1,460 hours / 24 = 60.8 Days

About Bango
Bango enables content providers to reach more paying customers through global partnerships. Bango revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone users worldwide. Today, the Digital Vending Machine® is driving the rapid growth of the subscriptions economy, powering choice and control for subscribers.

The world’s largest content providers, including Amazon, Google and Microsoft trust Bango technology to reach subscribers everywhere.

Bango, where people subscribe. For more information, visit www.bango.com

Media contacts
Henry Soundy / Imogen Nichols
Wildfire
bango@wildfirepr.com

The MIL Network –

May 7, 2025

MIL-OSI: Radware Reports First Quarter 2025 Financial Results

Source: GlobeNewswire (MIL-OSI)

First Quarter 2025 Financial Results and Highlights

Revenue of $72.1 million, an increase of 11% year–over–year
Cloud ARR of $80 million, an increase of 19% year-over-year
Non-GAAP diluted EPS of $0.27 vs. $0.16 in Q1 2024; GAAP diluted EPS of $0.10 vs. $(0.03) in Q1 2024
Cash flow from operations of $22.4 million in Q1 and $72.9 million over the trailing 12 months

TEL AVIV, Israel, May 07, 2025 (GLOBE NEWSWIRE) — Radware^® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, today announced its consolidated financial results for the first quarter ended March 31, 2025.

“We had a strong start to 2025 with first quarter revenue rising 11% year-over-year, marking our third consecutive quarter of double-digit growth. In addition, our strong non-GAAP EPS growth and cash flow from operations reflect the high leverage in our business model,” said Roy Zisapel, Radware’s president and CEO.

Financial Highlights for the First Quarter 2025
Revenue for the first quarter of 2025 totaled $72.1 million:

Revenue in the Americas region was $27.4 million for the first quarter of 2025, an increase of 1% from $27.1 million in the first quarter of 2024.
Revenue in the Europe, Middle East, and Africa (“EMEA”) region was $28.4 million for the first quarter of 2025, an increase of 25% from $22.7 million in the first quarter of 2024.
Revenue in the Asia-Pacific (“APAC”) region was $16.3 million for the first quarter of 2025, an increase of 7% from $15.3 million in the first quarter of 2024.

GAAP net income for the first quarter of 2025 was $4.3 million, or $0.10 per diluted share, compared to GAAP net loss of $1.2 million, or $(0.03) per diluted share, for the first quarter of 2024.

Non-GAAP net income for the first quarter of 2025 was $11.8 million, or $0.27 per diluted share, compared to non-GAAP net income of $6.8 million, or $0.16 per diluted share, for the first quarter of 2024.

As of March 31, 2025, the Company had cash, cash equivalents, short-term and long-term bank deposits, and marketable securities of $447.9 million. Cash flow from operations was $22.4 million in the first quarter of 2025.

Non-GAAP results are calculated excluding, as applicable, the impact of stock-based compensation expenses, amortization of intangible assets, litigation costs, acquisition costs, restructuring costs, exchange rate differences, net on balance sheet items included in financial income, net, and tax-related adjustments. A reconciliation of each of the Company’s non-GAAP measures to the most directly comparable GAAP measure is included at the end of this press release.

Conference Call
Radware management will host a call today, May 7, 2025, at 8:30 a.m. EDT to discuss its first quarter 2025 results and second quarter 2025 outlook. To participate on the call, please use the following numbers:
U.S. participants call toll free: 1-877-704-4453
International participants call: 1-201-389-0920

A replay will be available for seven days, starting two hours after the end of the call, on telephone number 1-844-512-2921 (US toll-free) or 1-412-317-6671. Access ID 13752770.

The call will be webcast live on the Company’s website at: http://www.radware.com/IR/. The webcast will remain available for replay during the next 12 months.

Use of Non-GAAP Financial Information and Key Performance Indicators
In addition to reporting financial results in accordance with generally accepted accounting principles (GAAP), Radware uses non-GAAP measures of gross profit, research and development expense, selling and marketing expense, general and administrative expense, total operating expenses, operating income, financial income, net, income before taxes on income, taxes on income, net income and diluted earnings per share, which are adjustments from results based on GAAP to exclude, as applicable, stock-based compensation expenses, amortization of intangible assets, litigation costs, acquisition costs, restructuring costs, exchange rate differences, net on balance sheet items included in financial income, net, and tax–related adjustments. Management believes that exclusion of these charges allows for meaningful comparisons of operating results across past, present, and future periods. Radware’s management believes the non-GAAP financial measures provided in this release are useful to investors for the purpose of understanding and assessing Radware’s ongoing operations. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP. A reconciliation of each non-GAAP financial measure to the most directly comparable GAAP financial measure is included with the financial information contained in this press release. Management uses both GAAP and non-GAAP financial measures in evaluating and operating the business and, as such, has determined that it is important to provide this information to investors.

Annual recurring revenue (“ARR”) is a key performance indicator defined as the annualized value of booked orders for term-based cloud services, subscription licenses, and maintenance contracts that are in effect at the end of a reporting period. ARR should be viewed independently of revenue and deferred revenue and is not intended to be combined with or to replace either of those items. ARR is not a forecast of future revenue, which can be impacted by contract start and end dates and renewal rates and does not include revenue reported as perpetual license or professional services revenue in our consolidated statement of operations. We consider ARR a key performance indicator of the value of the recurring components of our business.

Safe Harbor Statement
This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements made herein that are not statements of historical fact, including statements about Radware’s plans, outlook, beliefs, or opinions, are forward-looking statements. Generally, forward-looking statements may be identified by words such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “plans,” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could.” Because such statements deal with future events, they are subject to various risks and uncertainties, and actual results, expressed or implied by such forward-looking statements, could differ materially from Radware’s current forecasts and estimates. Factors that could cause or contribute to such differences include, but are not limited to: the impact of global economic conditions, including as a result of the state of war declared in Israel in October 2023 and instability in the Middle East, the war in Ukraine, tensions between China and Taiwan, financial and credit market fluctuations (including elevated interest rates), impacts from tariffs or other trade restrictions, inflation, and the potential for regional or global recessions; our dependence on independent distributors to sell our products; our ability to manage our anticipated growth effectively; our business may be affected by sanctions, export controls, and similar measures, targeting Russia and other countries and territories, as well as other responses to Russia’s military conflict in Ukraine, including indefinite suspension of operations in Russia and dealings with Russian entities by many multi-national businesses across a variety of industries; the ability of vendors to provide our hardware platforms and components for the manufacture of our products; our ability to attract, train, and retain highly qualified personnel; intense competition in the market for cybersecurity and application delivery solutions and in our industry in general, and changes in the competitive landscape; our ability to develop new solutions and enhance existing solutions; the impact to our reputation and business in the event of real or perceived shortcomings, defects, or vulnerabilities in our solutions, if our end-users experience security breaches, or if our information technology systems and data, or those of our service providers and other contractors, are compromised by cyber-attackers or other malicious actors or by a critical system failure; our use of AI technologies that present regulatory, litigation, and reputational risks; risks related to the fact that our products must interoperate with operating systems, software applications and hardware that are developed by others; outages, interruptions, or delays in hosting services; the risks associated with our global operations, such as difficulties and costs of staffing and managing foreign operations, compliance costs arising from host country laws or regulations, partial or total expropriation, export duties and quotas, local tax exposure, economic or political instability, including as a result of insurrection, war, natural disasters, and major environmental, climate, or public health concerns; our net losses in the past and the possibility that we may incur losses in the future; a slowdown in the growth of the cybersecurity and application delivery solutions market or in the development of the market for our cloud-based solutions; long sales cycles for our solutions; risks and uncertainties relating to acquisitions or other investments; risks associated with doing business in countries with a history of corruption or with foreign governments; changes in foreign currency exchange rates; risks associated with undetected defects or errors in our products; our ability to protect our proprietary technology; intellectual property infringement claims made by third parties; laws, regulations, and industry standards affecting our business; compliance with open source and third-party licenses; complications with the design or implementation of our new enterprise resource planning (“ERP”) system; our reliance on information technology systems; our ESG disclosures and initiatives; and other factors and risks over which we may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Radware, refer to Radware’s Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC), and the other risk factors discussed from time to time by Radware in reports filed with, or furnished to, the SEC. Forward-looking statements speak only as of the date on which they are made and, except as required by applicable law, Radware undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made. Radware’s public filings are available from the SEC’s website at www.sec.gov or may be obtained on Radware’s website at www.radware.com.

About Radware
Radware^® (NASDAQ: RDWR) is a global leader in application security and delivery solutions for multi-cloud environments. The company’s cloud application, infrastructure, and API security solutions use AI-driven algorithms for precise, hands-free, real-time protection from the most sophisticated web, application, and DDoS attacks, API abuse, and bad bots. Enterprises and carriers worldwide rely on Radware’s solutions to address evolving cybersecurity challenges and protect their brands and business operations while reducing costs. For more information, please visit the Radware website.

Radware encourages you to join our community and follow us on Facebook, LinkedIn, Radware Blog, X, and YouTube.

©2025 Radware Ltd. All rights reserved. Any Radware products and solutions mentioned in this press release are protected by trademarks, patents, and pending patent applications of Radware in the U.S. and other countries. For more details, please see: https://www.radware.com/LegalNotice/. All other trademarks and names are property of their respective owners.

Radware believes the information in this document is accurate in all material respects as of its publication date. However, the information is provided without any express, statutory, or implied warranties and is subject to change without notice.

The contents of any website or hyperlinks mentioned in this press release are for informational purposes and the contents thereof are not part of this press release.

CONTACTS
Investor Relations:
Yisca Erez, +972-72-3917211, ir@radware.com

Media Contact:
Gerri Dyrek, gerri.dyrek@radware.com

Radware Ltd.
Condensed Consolidated Balance Sheets
(U.S. Dollars in thousands)

	March 31,	December 31,
	2025	2024
	(Unaudited)	(Unaudited)
Assets

Current assets
Cash and cash equivalents	114,239	98,714
Marketable securities	55,118	72,994
Short-term bank deposits	122,361	104,073
Trade receivables, net	25,036	16,823
Other receivables and prepaid expenses	9,627	14,242
Inventories	13,511	14,030
	339,892	320,876

Long-term investments
Marketable securities	31,229	29,523
Long-term bank deposits	124,968	114,354
Other assets	2,203	2,171
	158,400	146,048


Property and equipment, net	14,584	15,632
Intangible assets, net	10,758	11,750
Other long-term assets	36,492	37,906
Operating lease right-of-use assets	17,560	18,456
Goodwill	68,008	68,008
Total assets	645,694	618,676

Liabilities and equity

Current liabilities
Trade payables	3,646	5,581
Deferred revenues	119,329	106,303
Operating lease liabilities	4,642	4,750
Other payables and accrued expenses	55,678	51,836
	183,295	168,470

Long-term liabilities
Deferred revenues	69,505	64,708
Operating lease liabilities	12,497	13,519
Other long-term liabilities	14,319	14,904
	96,321	93,131

Equity
Radware Ltd. equity
Share capital	756	754
Additional paid-in capital	560,833	555,154
Accumulated other comprehensive income (loss)	(140)	1,103
Treasury stock, at cost	(366,588)	(366,588)
Retained earnings	130,194	125,850
Total Radware Ltd. shareholder’s equity	325,055	316,273

Non–controlling interest	41,023	40,802

Total equity	366,078	357,075

Total liabilities and equity	645,694	618,676

Radware Ltd.
Condensed Consolidated Statements of Income (Loss)
(U.S Dollars in thousands, except share and per share data)

	For the three months ended
	March 31,
	2025	2024
	(Unaudited)	(Unaudited)

Revenues	72,079	65,085
Cost of revenues	13,990	12,812
Gross profit	58,089	52,273

Operating expenses, net:
Research and development, net	18,776	18,896
Selling and marketing	31,281	29,701
General and administrative	6,463	7,339
Total operating expenses, net	56,520	55,936

Operating income (loss)	1,569	(3,663)
Financial income, net	4,875	3,608
Income (loss) before taxes on income	6,444	(55)
Taxes on income	2,100	1,167
Net income (loss)	4,344	(1,222)

Basic net income (loss) per share attributed to Radware Ltd.’s shareholders	0.10	(0.03)

Weighted average number of shares used to compute basic net income (loss) per share	42,663,787	41,750,203

Diluted net income (loss) per share attributed to Radware Ltd.’s shareholders	0.10	(0.03)

Weighted average number of shares used to compute diluted net income (loss) per share	44,192,474	41,750,203

Radware Ltd.
Reconciliation of GAAP to Non-GAAP Financial Information
(U.S Dollars in thousands, except share and per share data)

	For the three months ended
	March 31,
	2025	2024
	(Unaudited)	(Unaudited)
GAAP gross profit	58,089	52,273
Share-based compensation	120	79
Amortization of intangible assets	992	992
Non-GAAP gross profit	59,201	53,344

GAAP research and development, net	18,776	18,896
Share-based compensation	1,223	1,722
Non-GAAP Research and development, net	17,553	17,174

GAAP selling and marketing	31,281	29,701
Share-based compensation	3,076	2,551
Non-GAAP selling and marketing	28,205	27,150

GAAP general and administrative	6,463	7,339
Share-based compensation	1,479	2,395
Acquisition costs	153	220
Non-GAAP general and administrative	4,831	4,724

GAAP total operating expenses, net	56,520	55,936
Share-based compensation	5,778	6,668
Acquisition costs	153	220
Non-GAAP total operating expenses, net	50,589	49,048

GAAP operating income (loss)	1,569	(3,663)
Share-based compensation	5,898	6,747
Amortization of intangible assets	992	992
Acquisition costs	153	220
Non-GAAP operating income	8,612	4,296

GAAP financial income, net	4,875	3,608
Exchange rate differences, net on balance sheet items included in financial income, net	492	153
Non-GAAP financial income, net	5,367	3,761

GAAP income (loss) before taxes on income	6,444	(55)
Share-based compensation	5,898	6,747
Amortization of intangible assets	992	992
Acquisition costs	153	220
Exchange rate differences, net on balance sheet items included in financial income, net	492	153
Non-GAAP income before taxes on income	13,979	8,057

GAAP taxes on income	2,100	1,167
Tax related adjustments	62	62
Non-GAAP taxes on income	2,162	1,229

GAAP net income (loss)	4,344	(1,222)
Share-based compensation	5,898	6,747
Amortization of intangible assets	992	992
Acquisition costs	153	220
Exchange rate differences, net on balance sheet items included in financial income, net	492	153
Tax related adjustments	(62)	(62)
Non-GAAP net income	11,817	6,828

GAAP diluted net income (loss) per share	0.10	(0.03)
Share-based compensation	0.14	0.16
Amortization of intangible assets	0.02	0.02
Acquisition costs	0.00	0.01
Exchange rate differences, net on balance sheet items included in financial income, net	0.01	0.00
Tax related adjustments	(0.00)	(0.00)
Non-GAAP diluted net earnings per share	0.27	0.16


Weighted average number of shares used to compute non-GAAP diluted net earnings per share	44,192,474	42,875,058

Radware Ltd.
Condensed Consolidated Statements of Cash Flow
(U.S. Dollars in thousands)

	For the three months ended
	March 31,
	2025	2024
	(Unaudited)	(Unaudited)
Cash flow from operating activities:

Net income (loss)	4,344	(1,222)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	3,152	2,943
Share-based compensation	5,898	6,747
Amortization of premium, accretion of discounts and accrued interest on marketable securities, net	(161)	(73)
Decrease in accrued interest on bank deposits	(1,790)	(9)
Increase (decrease) in accrued severance pay, net	61	(58)
Increase in trade receivables, net	(8,213)	(219)
Decrease (increase) in other receivables and prepaid expenses and other long-term assets	(186)	605
Decrease in inventories	519	1,004
Increase (decrease) in trade payables	(1,935)	1,406
Increase in deferred revenues	17,823	8,894
Increase in other payables and accrued expenses	3,164	1,483
Operating lease liabilities, net	(234)	(379)
Net cash provided by operating activities	22,442	21,122

Cash flows from investing activities:

Purchase of property and equipment	(1,112)	(1,774)
Proceeds from (investment in) other long-term assets, net	109	(25)
Investment in bank deposits, net	(27,112)	(17,898)
Investment in, redemption of and purchase of marketable securities ,net	16,194	3,502
Proceeds from other deposits	5,000	–
Net cash used in investing activities	(6,921)	(16,195)

Cash flows from financing activities:

Proceeds from exercise of share options	4	–
Repurchase of shares	–	(839)
Net cash provided by (used in) financing activities	4	(839)

Increase in cash and cash equivalents	15,525	4,088
Cash and cash equivalents at the beginning of the period	98,714	70,538
Cash and cash equivalents at the end of the period	114,239	74,626

Radware Ltd.
RECONCILIATION OF GAAP NET INCOME (LOSS) TO EBITDA AND ADJUSTED EBITDA (NON-GAAP)
(U.S Dollars in thousands)

	For the three months ended
	March 31,
	2025	2024
	(Unaudited)	(Unaudited)
GAAP net income (loss)	4,344	(1,222)
Exclude: Financial income, net	(4,875)	(3,608)
Exclude: Depreciation and amortization expense	3,152	2,943
Exclude: Taxes on income	2,100	1,167
EBITDA	4,721	(720)

Share-based compensation	5,898	6,747
Acquisition costs	153	220
Adjusted EBITDA	10,772	6,247


	For the three months ended
	March 31,
	2025	2024

Amortization of intangible assets	992	992
Depreciation	2,160	1,951
	3,152	2,943

The MIL Network –

May 7, 2025

MIL-OSI: Panasonic TOUGHBOOK Expands European Service and Solutions Capabilities
Source: GlobeNewswire (MIL-OSI)

New investment in Cardiff and Budapest centres strengthens Panasonic’s commitment to full lifecycle support – from solution design and deployment to real-time servicing and innovation at the edge.

Wiesbaden, DE. 7^th May 2025 – As mobile workforces across Europe increasingly turn to the latest technology to offer competitive advantage, Panasonic Connect Europe has announced major enhancements to its TOUGHBOOK support infrastructure – effective April 1^st – by establishing dual Service and Solutions Centres in Cardiff and Budapest.

Today’s organisations need a rugged mobile device partner that can help them design, deploy, maintain and evolve complete mobility solutions. From the rise of edge-based AI to the growing capabilities of 5G, frontline teams are demanding more from their technology – and the support behind it.

“Our customers are transforming how they work in the field,” said Jon Tucker, General Manager of Engineering for Panasonic TOUGHBOOK. “With real-time operations increasingly the norm, downtime is simply not an option. That’s why we’re doubling down on our Service and Solutions Centre model – to provide the hands-on support, in-region resilience and full lifecycle services our customers need to stay ahead.”

A dual-centre approach to managed mobility
The long established Cardiff centre – now redefined as a Service and Solutions Centre – continues to serve UK customers, while expanding its managed services capabilities to support the growth of Panasonic TOUGHBOOK operations in Europe. This includes everything from hardware staging and kitting to proactive device monitoring and fleet management. Increasingly, Panasonic is managing entire mobile estates, with tailored, always-on support for mission-critical operations.

In addition, Panasonic has also invested in a Budapest Service Centre as the central servicing hub for TOUGHBOOK customers across the European mainland. This centre has been providing service and maintenance support for the Panasonic visual and factory solutions business units for the past two years. Now with added local rugged mobility expertise, it enhances Panasonic’s ability to deliver high-speed TOUGHBOOK deployment, repairs and support across the continent.

Donald Maidment, Head of Customer Service at Panasonic Connect Europe, explains: “We’ve always taken full responsibility for the service and performance of our TOUGHBOOK devices – and that’s what sets us apart. With this investment, we’re expanding that commitment. Unlike competitors who outsource support, we maintain a direct line to our customers throughout the lifecycle of their mobile estate.”

Supporting innovation at the edge
Panasonic’s expansion supports the rapid evolution of field technology. With AI models now running at the edge and 5G enabling real-time connectivity, organisations are pushing more intelligence and decision-making closer to the point of service. This creates greater business efficiency – but also increases the pressure on technology to perform, everywhere and without fail.

“Our Service and Solutions Centres are built to meet this challenge,” added Tucker. “They’re so much more than repairs and maintenance – they’re enablement hubs for modern mobile workforces.”

Mobile-IT-As-A-Service – a full-service mobility model
As well as bespoke solution design, it’s from these centres that Panasonic TOUGHBOOK will deliver its Mobile-IT-As-A-Service – a flexible model that bundles rugged hardware, tailored software and managed services into one scalable, turnkey solution. Whether a customer needs hundreds of tablets configured for frontline logistics or end-to-end management of thousands of mobile devices across multiple regions, Panasonic delivers a bespoke service that meets their needs today and can evolve with them tomorrow.

For images, please click here: https://we.tl/t-SO8ClGfz6v

Panasonic Press Contact
Jim Pople
C8 Consulting
jim@c8consulting.co.uk

Panasonic Press Contact
Lisbeth Lashmana
Head of European Marketing, Panasonic TOUGHBOOK
Lisbeth.Lashmana@eu.panasonic.com

About the Panasonic Group
Founded in 1918, and today a global leader in developing innovative technologies and solutions for wide-ranging applications in the consumer electronics, housing, automotive, industry, communications, and energy sectors worldwide, the Panasonic Group switched to an operating company system on April 1, 2022, with Panasonic Holdings Corporation serving as a holding company and eight companies positioned under its umbrella. The Group reported consolidated net sales of Euro 54.12 billion (8,496.4 billion yen) for the year ended March 31, 2024. To learn more about the Panasonic Group, please visit: https://holdings.panasonic/global/

About Panasonic Connect Europe GmbH
Panasonic Connect Europe began operations on October 1^st, 2021, creating a new Business-to-Business focused and agile organisation. With more than 400 employees and led by CEO Shusuke Aoki, the business aims to contribute to the success of its customers with innovative products and integrated systems and services – all designed to deliver its vision to Change Work, Advance Society and Connect to Tomorrow.

Panasonic Connect Europe is headquartered in Wiesbaden and consist of the following business units:
- The Mobile Solutions Business Division helping mobile workers improve productivity with its range of Toughbook rugged notebooks, business tablets and handhelds.
- The Media Entertainment Business Division incorporating Visual System Solutions offering a range of high brightness and reliable projectors as well as high quality displays; and Broadcast & ProAV offering Smart Live Production solutions from an end-to-end portfolio consisting of PTZ and system cameras, camcorders, the Kairos IT/IP platform, switchers and robotic solutions that are widely used for live event capture, sports production, television, and xR studios.
- Business and Industry Solutions delivering tailored technology solutions focused on Retail, Logistics and Manufacturing. Designed to increase operational efficiency and enhance customer experience, helping businesses to perform at their best, every day.
- Panasonic Factory Solutions Europe selling a wide range of smart factory solutions including electronics manufacturing solutions, robot and welding systems and software solutions engineering.
For more information please visit: https://eu.connect.panasonic.com

Please visit Panasonic Connect Europe’s LinkedIn page: https://www.linkedin.com/company/panasonic-connect-europe/

The MIL Network –
May 7, 2025
MIL-OSI Security: Court Orders Florida Tax Return Preparer to Shut Down Tax Preparation Business

Source: United States Attorneys General 13

Note: View permanent injunction here.

The U.S. District Court for the Southern District of Florida issued a permanent injunction today against Cooper City, Florida, tax return preparer Sunil Ramchandani and his business, SR Chandra Inc. doing business as AHS Income Tax Services. The court ordered the closure of AHS Income Tax Services and barred Ramchandani from preparing or assisting in preparing federal income tax returns for others or transferring his customer lists. Ramchandani agreed to the injunction against him and his business. AHS Income Tax Services had already agreed to entry of a preliminary injunction before the start of filing season.

The complaint alleged that Ramchandani prepared customers’ returns that fraudulently claimed false or inflated residential energy credits, false fuel tax credits, fictious business losses, and other false or inflated deductions and credits, including false education credits and fictitious child and dependent credits.

According to the complaint, the IRS estimated a tax loss of more than $10 million in 2022 and 2023 alone from returns prepared by Ramchandani and AHS Income Tax Services.

The Justice Department’s Tax Division made the announcement.

Taxpayers seeking a return preparer should remain vigilant against unscrupulous tax preparers. The IRS has information on its website for choosing a tax return preparer and has launched a free directory of federal tax preparers. The IRS warns taxpayers to avoid “ghost preparers” and lists other improper acts that tax preparers engage in to take advantage of their unsuspecting customers.

In the past decade, the Justice Department’s Tax Division has obtained injunctions against hundreds of unscrupulous tax preparers. Information about these cases is available on the Justice Department’s website. An alphabetical listing of persons enjoined from preparing returns and promoting tax schemes can be found on this page. If you believe that one of the enjoined persons or businesses may be violating an injunction, please contact the Tax Division with details.

MIL Security OSI –

May 7, 2025
MIL-OSI Security: BH 25-2: Kadena demonstrates Indo-Pacific readiness with joint elephant walk

Source: United States INDO PACIFIC COMMAND

KADENA AIR BASE, Japan — In a demonstration of combat readiness and regional deterrence, the 18th Wing conducted a large-scale elephant walk, May 6, 2025, at Kadena Air Base, Japan, assembling one of the most diverse formations of U.S. military aircraft in the Indo-Pacific.

MIL Security OSI –

May 7, 2025
MIL-OSI USA: Tuberville, VA Secretary Doug Collins Discuss Streamlining Processes to Improve Outcomes for Veterans

US Senate News:

Source: United States Senator for Alabama Tommy Tuberville
WASHINGTON – Today, U.S. Senator Tommy Tuberville (R-AL) joined a Senate Veterans’ Affairs Committee (SVAC) hearing with President Trump’s Secretary of Veterans Affairs (VA), Doug Collins. Sen. Tuberville and Secretary Collins discussed the importance of the VA improving its processes to ensure veterans get the best possible care.
Read excerpts from the hearing below or watch on YouTube or Rumble.

TUBERVILLE: “Thank you, Mr. Chairman. Thank you, Secretary Collins, for being here. And thanks to the veterans that are here today, and I want to pass on the thanks from the 400,000 veterans in the state of Alabama. They have, for the first time, in just two months, have seen progress at a lot of the VAs in my state. We’ve seen a record number of disability claims processed, employees finally returned into work, and an end of the DEI programs like treatment for ‘gender dysphoria.’ You know, the days of business [as usual] as we all are noticing and hearing today are over. And finally, our veterans are being put first.
And let’s talk about the budget a little bit, Mr. Secretary. Over the last ten years, the VA’s budget has more than doubled and the number of employees that the VA [employs] has increased more than 100,000, but the number of veterans in our country is declining and the VA enrollment has [not] changed. The VA has become a bloated bureaucracy. I think most of us will agree with that. Secretary Collins, why has the VA budget become so bloated over the last ten years if the veteran population has remained stagnant?”
COLLINS: “Senator, I appreciate the question because there’s also one other number that we’re leaving out there as well—that veteran population actually enrolled in the VA has stayed steady at 9.1 million. And again, we can try and talk about numbers all we want here, but it’s been 9.1 million steady for the last, you know, ten years we look at this. So, we’re also losing veterans as a total population. We’re also not gaining in the enrollment of the VA. What we tend to forget, and some people say, ‘well, we’ve had an increase in different programs’—we have, but we also lose about 400,000 veterans a year to death, you know, natural causes. So, I mean, it’s a priority of function.
So, what we’re looking at here is there’s been programs that have been increased, there’s been a mandatory spending increase, and there’s been the things that we look at. I think what we’re actually looking at here though is there’s been a decision that we want to—that it’s easier to just put money and people toward issues without looking at, is there any cost or is there any real world aspect of that? Is there a return on investment? I think that as you talk to veterans and I go out and talk to the veterans, one of the things that we’re having is that those amount of numbers in people aren’t equating into how we can actually function.
I mean, I appreciate the Ranking Member’s service. I appreciate it—we just disagree on this that when we have doctors and nurses [and] other clinicians who are not actually, you know, being clinicians and not reading, you know, charts or doing anything else. They’re actually, you know, formulating policy or doing administrative work. When I have, you know, these many folks that need to be more in the clinics, then we’re not helping the veteran. That’s just something that’s not happening. When you’re taking time to process disability claims that went up, then also not having the proper, you know, computer, the AI technology to help us and do that, but also putting out the issues that are slowing up.
And then also we get in our own way. Because we’re such a bureaucratic organization, we have rules over rules over rules. I had a gentleman tell me just the other day—and this is, again, I’ve seen this before from my own daughter. He actually said that—he was a double amputee. He actually said, ‘I have to go to the VA if I need a new wheelchair, I have to go to my primary care, a PT, and an OT before I can get a seating clinic appointment.’ Explain to me why we’re having to go through that kind of mess to get straight to a seating clinic in which we know where they need to be to start with.”
TUBERVILLE: “Thank you. I often hear a lot about the large amounts of paperwork and the administrative burden VA doctors are forced to navigate when seeing patients. This leads to VA doctors seeing less patients per day. Where do you see the opportunity to reduce all these administrative processes?”
COLLINS: “I think there’s plenty of opportunities there. And again, this has nothing to do with employees, has nothing to do with money. Simply, are we doing it most efficiently in the process? I’ve made a statement to every hospital that I go to, every clinic that I go to, every veteran benefit office that I go to. Just say this, tell me […] if you have ten sheets of paper to get a veteran the services that they need or ten sheets of paper to do the next thing, can you do it with five? I mean, I’ll show you an example—to apply for benefits in our VBA, there’s a sheet on there […] that has a full listing of the veteran as far as just basic information about their military service. And this for older veterans could be a problem actually to go back and remember dates. If the veteran served, then we could use that with their name, their Social Security number […] or their ID number, using their DD214, we can gain all the records that we need to confirm that they’re a part. But yet, we’re making them go through this process of filling out a form that many of our veterans who may or may not have computer capabilities are having trouble with, so it makes it difficult.”
TUBERVILLE: “I hear from my some of the supervisors in the VAs, and they say we use two coding systems, one hospital coding system that is very, very effective. And the other one is from the WHO, which is a useless piece of crap. This comes from them. Why do we use both of those?”
COLLINS: “That’s something I’m looking at now, again, to try and streamline the issues that we have in our system so that we, again, it is interesting a lot of times we end up talking about processes and plans here and not talking about actual care and actually what the veteran experiences when they go in. Most of the veterans, I will tell you a lot of times they actually—when they get through the labyrinth and stuff to get there, they are happy with the service that they get. They’re glad that they’re getting the service and they appreciate that. […] But when we actually put restrictions on our employees and put restrictions on veterans getting in, it just makes it all the worst. Thank you.”
Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, HELP and Aging Committees.

MIL OSI USA News –

May 7, 2025
MIL-OSI: Best New Online Casinos: JACKBIT Voted #1 Online Casino for New Crypto Players
Source: GlobeNewswire (MIL-OSI)

LARNACA, Cyprus, May 06, 2025 (GLOBE NEWSWIRE) — After spending time exploring different crypto casinos, we quickly realized that many just didn’t meet expectations. The bonuses felt small, the game selections were limited, and the overall experience wasn’t very memorable.

Then we got to know about JACKBIT, and it made a real difference. From the moment we signed up, it impressed us with a generous welcome bonus, fast crypto payments, and a wide variety of games. The platform was easy to use, and everything worked seamlessly. JACKBIT truly stands out as one of the best new online casinos available.

✅JOIN JACKBIT TODAY AND START PLAYING INSTANTLY — NO KYC REQUIRED!

Our Favourite Overall New Crypto Casino: JACKBIT

JACKBIT has solidified its position as the best new online casino for 2025, offering a perfect blend of innovation, variety, and player-focused features. This brand-new online casino sets itself apart with its no-KYC policy, ensuring total anonymity for players who prioritize privacy. With over 7,000 games powered by 85 leading software providers, JACKBIT caters to every gaming preference, from slots to live dealer tables and a sportsbook featuring over 82,000 live monthly events. Its seamless support for 17+ cryptocurrencies and fiat options like Visa and Apple Pay makes it accessible to a global audience, reinforcing its status among the best crypto casinos.

The platform’s intuitive design and lightning-fast crypto transactions create a hassle-free experience for both casual players and high rollers. JACKBIT’s commitment to delivering value through generous promotions, such as weekly giveaways and a robust VIP program, keeps players engaged. Whether you’re spinning slots or betting on sports, this new online casino offers a dynamic and rewarding experience that’s hard to beat. Its rapid rise since its 2022 launch underscores its credibility as a leader in the best new online casinos.

JACKBIT Casino Features

JACKBIT’s feature-rich platform makes it a standout in the best new online casinos, combining cutting-edge technology with user-centric design. Here’s a detailed look at what sets it apart:
- License and Security: JACKBIT operates under a Curacao Gaming License, ensuring a regulated and fair gaming environment. Its no-KYC policy enhances privacy, making it a top anonymous online casino, though some players may prefer stricter licenses like those from Malta or the UKGC. SSL encryption protects all transactions and data, aligning with industry standards.
- Bonuses and Promotions: New players are welcomed with a 30% Rakeback and 100 free spins on their first deposit. Ongoing offers include $10,000 weekly giveaways, 10,000 free spins, a VIP program with up to 30% Rakeback, social media bonuses, and Pragmatic Drops & Wins with a €2,000,000 prize pool. These promotions add significant value for players.
- Game Library: With over 7,000 games, JACKBIT offers slots, table games (blackjack, roulette, poker, baccarat), live dealers, and a sportsbook covering 140+ sports with 4,500+ betting options. This diversity ensures every player finds something to enjoy.
- Game Providers: JACKBIT partners with industry leaders like NetEnt, Microgaming, Evolution Gaming, Pragmatic Play, and Betsoft, guaranteeing high-quality, immersive gameplay across all categories.
- Banking Options: The platform supports 17+ cryptocurrencies, including Bitcoin, Ethereum, Tether, and Solana, alongside fiat methods like Visa, MasterCard, Google Pay, and Apple Pay. Crypto transactions are instant and fee-free, making it a top Pay ID casino alternative.
- Customer Support: 24/7 live chat in multiple languages (English, German, French, Spanish) provides prompt, professional assistance. An extensive FAQ section further enhances user trust.
- Mobile Experience: Fully optimized for iOS and Android, JACKBIT delivers seamless gameplay without a dedicated app, ensuring accessibility on the go.
These features collectively position JACKBIT as a trailblazer in the best new online casinos, offering a comprehensive and enjoyable gaming experience for all players. Its focus on privacy, variety, and speed makes it a go-to choice for modern gamblers.

✅CLAIM YOUR 100 FREE SPINS NOW AT JACKBIT CASINO!

What Makes JACKBIT Better Than Other New Crypto Casinos

JACKBIT stands out among the best new online casinos due to its unique combination of privacy, variety, and innovative features. Here’s why it surpasses its competitors:
- Unmatched Privacy with No KYC: Unlike many crypto casinos that require identity verification, JACKBIT’s no-KYC policy allows players to enjoy a fully anonymous online casino experience. This makes it the best choice for those prioritizing discretion, setting it apart from other new online casinos.
- Expansive Game Library: With over 7,000 games, JACKBIT offers a broader selection than most competitors. From high-RTP slots to live dealer tables and a sportsbook with 140+ sports, it ensures every player finds their niche, making it a leader in the best crypto casinos.
- Superior Payment Flexibility: Supporting 17+ cryptocurrencies and fiat options like Google Pay and Apple Pay, JACKBIT provides faster, fee-free payouts compared to many other platforms. This flexibility enhances its appeal among the best new online casinos.
- Innovative Bonuses: JACKBIT’s 30% Rakeback and 100 free spins welcome offer, combined with unique promotions like social media bonuses and weekly giveaways, deliver more value than standard deposit matches found at other brand new online casinos.
- Robust Sportsbook: While many crypto casinos focus solely on casino games, JACKBIT’s sportsbook, with 82,000+ live events and 4,500+ betting types, caters to sports betting enthusiasts, adding a unique dimension to its offerings.
- Global Accessibility: Multilingual support in English, German, French, and Spanish, paired with a mobile-optimized platform, makes JACKBIT more inclusive than region-locked competitors, reinforcing its position in the best new online casinos.
JACKBIT’s ability to combine privacy, variety, and innovative rewards creates a gaming experience that’s hard to match. Its player-centric approach and global reach make it a top contender among the best crypto casinos, appealing to both casual players and seasoned gamblers.

What We Like and Don’t Like About JACKBIT Casino

Like any platform, JACKBIT has its strengths and areas for improvement. Here’s a balanced look at what makes it shine and where it could grow among the best new online casinos.

Advantages
- No KYC Requirement: JACKBIT’s no-KYC policy makes it the best anonymous online casino, offering unparalleled privacy for players who value discretion.
- Massive Game Library: With over 7,000 titles, including slots, table games, live dealers, and a comprehensive sportsbook, JACKBIT caters to every gaming preference.
- Diverse Payment Options: Supporting 17+ cryptocurrencies and fiat methods like Visa and Google Pay, JACKBIT ensures fast, secure, and fee-free transactions, rivaling top Pay ID casino platforms.
- Generous Bonuses: From a 30% Rakeback and 100 free spins welcome offer to weekly giveaways and a rewarding VIP program, JACKBIT keeps players engaged with valuable rewards.
- Instant Crypto Payouts: Players can access winnings quickly, thanks to fee-free, instant crypto withdrawals, a key feature of the best new online casinos.
- 24/7 Multilingual Support: Live chat in multiple languages ensures global players receive prompt, professional assistance at any time.
- Comprehensive Sportsbook: With 140+ sports and 82,000+ live events, JACKBIT’s sportsbook adds a dynamic layer to its casino offerings, appealing to sports betting fans.
Disadvantages
- Curacao License: While reputable, the Curacao Gaming License may be seen as less stringent than those from Malta or the UKGC, which could concern some players.
- Limited Game Category Details: Certain games, like craps, lack detailed information in some reviews, which could improve transparency for players exploring the best new online casinos.
- No Dedicated Mobile App: Although the mobile site is highly responsive, the absence of a dedicated app might disappoint some users who prefer app-based gaming.
Overall, JACKBIT’s strengths far outweigh its minor drawbacks, making it a top choice among the best new online casinos. Its focus on privacy, variety, and player rewards ensures a standout experience, even as it continues to refine its offerings.

How We Selected the Best New Online Casino

Selecting the best new online casinos involves a meticulous evaluation of critical factors to ensure a safe, enjoyable, and rewarding experience. Our process for choosing JACKBIT as a leader in this category is thorough and transparent. Here’s how we assessed it:
- License and Security: A valid license is non-negotiable for trust and compliance. JACKBIT’s Curacao Gaming License ensures legal operation and regular audits for fairness. Its no-KYC policy enhances privacy, making it a top anonymous online casino, while SSL encryption safeguards player data and transactions.
- Bonuses and Promotions: Competitive bonuses attract and retain players. JACKBIT’s 30% Rakeback and 100 free spins welcome offer, combined with weekly $10,000 giveaways, 10,000 free spins, and a VIP program, provide exceptional value compared to other new online casinos.
- Game Variety: A diverse game library is essential for player satisfaction. JACKBIT’s 7,000+ games, including slots, table games, live dealers, and a sportsbook with 140+ sports, cater to all preferences, setting it apart in the best new online casinos.
- Casino Game Providers: Partnerships with top providers guarantee quality and innovation. JACKBIT collaborates with industry leaders like NetEnt, Microgaming, Evolution Gaming, and Pragmatic Play, ensuring cutting-edge gameplay across all categories.
- Banking Methods: Flexible and secure payment options are vital. JACKBIT supports 17+ cryptocurrencies (Bitcoin, Ethereum, Tether) and fiat methods (Visa, Google Pay, Apple Pay), with instant, fee-free crypto transactions, making it a strong Pay ID casino alternative.
- Customer Support: Reliable support builds trust and enhances the user experience. JACKBIT’s 24/7 live chat in multiple languages, coupled with a comprehensive FAQ section, ensures players receive prompt, professional assistance.
- User Experience: An intuitive interface and mobile compatibility are key to accessibility. JACKBIT’s sleek design and fully optimized mobile platform deliver seamless gameplay on desktops, tablets, and smartphones, a hallmark of the best new online casinos.
This rigorous evaluation process confirms JACKBIT’s position as a leader in the best new online casinos, offering a secure, diverse, and player-focused experience that meets the needs of modern gamblers.

How We Chose JACKBIT as the Best Online Casino

Our methodology for selecting the best crypto casinos prioritizes player satisfaction, reliability, and innovation. JACKBIT emerged as a top contender among the best new online casinos due to its exceptional performance across these key criteria:
- User Experience: A seamless, intuitive platform is critical for player enjoyment. JACKBIT’s clean design, easy navigation, and mobile-friendly interface make it accessible to all users, from beginners to seasoned players, setting it apart from other brand-new online casinos.
- Game Quality and Innovation: High-quality games from trusted providers ensure fairness and engagement. JACKBIT’s partnerships with NetEnt, Evolution Gaming, and Pragmatic Play deliver top-tier experiences, with innovative features like provably fair games and immersive live dealer tables.
- Bonus Fairness: Promotions should offer genuine value with transparent terms. JACKBIT’s 30% Rakeback, 100 free spins, and weekly giveaways are player-friendly, providing more rewards than many competitors in the best new online casinos.
- Payment Speed and Security: Fast, secure transactions are essential for a modern casino. JACKBIT’s instant crypto payouts, fee-free withdrawals, and robust encryption set a high standard, making it a top choice for players seeking a Pay ID casino alternative.
- Reputation and Feedback: Player reviews and industry standing are critical indicators of credibility. Since its 2022 launch, JACKBIT has earned positive feedback on platforms like Trustpilot and AskGamblers, confirming its reliability among the best crypto casinos.
- Responsible Gambling: Tools like deposit limits, self-exclusion, and reality checks promote safe play. JACKBIT’s commitment to responsible gaming aligns with the standards of the best new online casinos, ensuring player well-being.
By excelling in these areas, JACKBIT proves itself as a leader in the best crypto casinos, delivering a reliable, innovative, and rewarding experience for players worldwide.

How to Join JACKBIT

Joining JACKBIT, one of the best new online casinos, is a quick and straightforward process, thanks to its streamlined, no-KYC registration. This makes it an ideal choice for players seeking an anonymous online casino. Follow these simple steps to get started:
1. Visit JACKBIT’s official website using a secure browser.
2. Locate and click the “Sign Up” or “Register” button in the top-right corner of the homepage.
3. Provide minimal details, such as an email address, password, and preferred currency, to maintain anonymity.
4. Choose a payment method from 17+ cryptocurrencies (e.g., Bitcoin, Ethereum) or fiat options (e.g., Visa, Google Pay) and make your first deposit.
5. Claim the 30% Rakeback and 100 free spins welcome bonus to boost your gaming experience.
6. Start exploring the 7,000+ games or dive into the sportsbook for betting action.
The entire process takes less than five minutes, making JACKBIT one of the most accessible new online casinos. Before signing up, ensure you meet your jurisdiction’s legal gambling age, typically 18 or 19, to comply with regulations. JACKBIT’s user-friendly onboarding process reinforces its position as a top choice among the best new online casinos, offering instant access to a world of gaming excitement.

✅SIGN UP AT JACKBIT AND ENJOY FAST, ANONYMOUS PLAY!

The Selection Process: Defining Excellence in Online Gaming

Our selection process for identifying the best new online casinos is rigorous and transparent, focusing on measurable criteria that define excellence in online gaming. JACKBIT excels across these key areas, earning its place as a leader in the industry:
- Game Quality and Variety: A diverse, high-quality game library is essential for player satisfaction. JACKBIT’s 7,000+ titles, including slots, table games, live dealers, and a sportsbook with 140+ sports, set a benchmark for variety and quality in the best new online casinos.
- User Experience: Intuitive navigation and cross-device compatibility are critical for accessibility. JACKBIT’s responsive design ensures seamless gameplay on desktops, tablets, and smartphones, making it a standout among brand new online casinos.
- Bonuses and Fairness: Promotions should enhance gameplay without excessive restrictions. JACKBIT’s 30% Rakeback, 100 free spins, and weekly giveaways are generous and transparent, offering more value than many competitors in the best crypto casinos.
- Payment Flexibility: Secure, diverse payment methods cater to modern player needs. JACKBIT’s support for 17+ cryptocurrencies and fiat options like Apple Pay provides unmatched convenience, positioning it as a top Pay ID casino alternative.
- Security and Trust: Licensing, encryption, and fair play are paramount for player confidence. JACKBIT’s Curacao Gaming License, SSL encryption, and no-KYC policy build trust, making it a leading anonymous online casino.
- Innovation: Features like crypto integration and anonymous play set top casinos apart. JACKBIT’s no-KYC approach, extensive crypto support, and innovative promotions make it a pioneer in the best new online casinos.
This comprehensive process confirms JACKBIT’s excellence, redefining standards for online gaming and solidifying its position as a top choice among the best new online casinos in 2025.

Games Offered in JACKBIT

JACKBIT’s game library is a cornerstone of its appeal, offering over 7,000 titles across multiple categories. This extensive selection makes it a standout among the best new online casinos, catering to every type of player. Below is a detailed exploration of its offerings:

1. Slots

Slots dominate JACKBIT’s catalog, with over 5,000 titles, including 180+ Megaways and progressive jackpots. These games range from classic fruit machines to modern video slots with cinematic graphics and immersive storylines. Popular titles include:
- Gold Party: A high-volatility slot with massive payout potential, ideal for thrill-seekers.
- Chilli Heat: A vibrant, medium-variance slot with engaging free spins features, perfect for casual players.
- Wolf Gold: A fan-favorite with stacked wilds and jackpot opportunities, offering exciting gameplay.
Regular slot tournaments and free spins promotions enhance the experience, making JACKBIT a top destination for slot enthusiasts in the best new online casinos.

2. Table Games

JACKBIT offers a robust selection of table games for players who enjoy strategy and skill-based gaming:
- Craps: A thrilling dice game with multiple betting options, available in RNG format and possibly live dealer versions, appealing to risk-takers.
- Blackjack: Variants like Power Blackjack, Blackjack VIP, and Infinite Blackjack offer low house edges and strategic depth, catering to both novices and experts.
- Roulette: Options include European, American, and Lightning Roulette, each with unique gameplay and betting limits to suit different preferences.
- Poker: Titles like Texas Hold’em, Caribbean Stud, and video poker variants such as Jacks or Better provide diverse options for poker fans.
- Baccarat: Features Mini Baccarat, VIP Baccarat, and Speed Baccarat for quick-play enthusiasts seeking fast-paced action.
These table games combine skill and excitement, reinforcing JACKBIT’s position among the best new online casinos.

3. Live Dealer Games

JACKBIT’s live dealer section, powered by industry leaders like Evolution Gaming and Pragmatic Play, delivers an authentic casino experience:
- Live Blackjack: Multiple tables with low-stakes and VIP options, featuring real-time interaction with professional dealers.
- Live Roulette: Variants like Immersive Roulette and Auto Roulette provide dynamic gameplay with high-definition streaming.
- Live Baccarat: Includes No Commission Baccarat and Punto Banco, offering fast-paced action for baccarat fans.
- Game Shows: Titles like Dream Catcher, Mega Wheel, and Crazy Time add interactive fun with big win potential, appealing to players seeking entertainment.
High-definition streaming, professional dealers, and real-time chat create an immersive environment, making JACKBIT a top choice for live gaming fans in the best crypto casinos.

4. Sportsbook

JACKBIT’s sportsbook is a standout feature, offering:
- 140+ sports, including football, basketball, tennis, cricket, and e-sports like Dota 2 and Counter-Strike.
- 82,000+ live monthly events and 75,000+ pre-match events, ensuring constant betting opportunities.
- 4,500+ betting types, from moneylines to prop bets, with competitive odds and live streaming for select events.
The sportsbook’s depth and variety make it a go-to for sports betting enthusiasts, complementing JACKBIT’s casino offerings and reinforcing its status as a leader in the best new online casinos.

5. Specialty Games

JACKBIT also offers low-stakes, high-fun options for casual players:
- Bingo: Over 20 titles, such as Shamrock Bingo and Burning Pearl Bingo, provide quick, entertaining gameplay.
- Scratch Cards: Digital scratch games with instant-win mechanics, perfect for fast-paced fun.
- Mini-Games: Crypto-friendly options like Aviator and Plinko, known for their simplicity and high RTPs, appeal to players seeking unique experiences.
These specialty games add diversity to JACKBIT’s portfolio, catering to a wide audience in the best new online casinos.

6. Virtual Sports

JACKBIT’s virtual sports section includes simulated events like virtual football, horse racing, and greyhound racing. Powered by advanced algorithms, these games offer 24/7 betting opportunities with realistic graphics and quick results, making them a great addition for sports fans.

This extensive game variety ensures JACKBIT remains a top choice among the best new online casinos, offering something for every player, from slot enthusiasts to sports bettors.

Additional Gaming Features

JACKBIT enhances its gaming experience with several unique features that elevate it among the best new online casinos:
- Tournaments: Regular slot and table game tournaments offer cash prizes and free spins, adding a competitive edge for players seeking excitement.
- Progressive Jackpots: Slots like Mega Moolah and Divine Fortune provide the chance for life-changing payouts, attracting high-stakes players.
- Demo Mode: Many games offer free play, allowing players to test strategies or explore new titles without risking funds, a valuable feature for beginners.
- Multi-Language Support: Games are available in multiple languages, including English, German, French, and Spanish, catering to a global audience and enhancing accessibility.
These features make JACKBIT a dynamic and engaging platform, solidifying its reputation as a leader in the best crypto casinos. By offering competitive tournaments, massive jackpots, and flexible play options, JACKBIT ensures players have a rewarding and personalized experience.

✅PLAY THOUSANDS OF GAMES WITH INSTANT PAYOUTS AT JACKBIT!

Payment Options in JACKBIT

JACKBIT’s payment system is designed for flexibility, speed, and security, making it a top pick among the best new online casinos. It supports both cryptocurrencies and fiat methods, catering to a diverse player base. Here’s a comprehensive overview:

1. Cryptocurrencies

JACKBIT accepts over 17 cryptocurrencies, ensuring fast, secure, and fee-free transactions:
- Bitcoin (BTC): The most popular choice, offering instant deposits and withdrawals with full anonymity.
- Ethereum (ETH): Known for quick processing and low transaction costs, ideal for frequent players.
- Tether (USDT): A stablecoin that ensures value stability, perfect for consistent payouts.
- Solana (SOL): Offers ultra-fast transactions and minimal fees, appealing to tech-savvy players.
- Ripple (XRP): Provides rapid processing for seamless deposits and withdrawals.
- Additional Cryptos: Includes Litecoin (LTC), Cardano (ADA), Dogecoin (DOGE), and more, providing ample options.
Crypto transactions are processed instantly, with no fees, making JACKBIT a leader in the best crypto casinos for players seeking efficiency and privacy.

2. Fiat Methods

For players preferring traditional banking, JACKBIT offers:
- Visa/MasterCard: Secure credit/debit card deposits are processed instantly, though withdrawals may take 1-3 days, depending on the provider.
- Google Pay: A convenient option for mobile users, offering quick and secure deposits.
- Apple Pay: Provides instant, secure deposits for iOS users, enhancing accessibility.
- Bank Transfers: Reliable for larger transactions, though withdrawals may take 3-5 days and could incur minor fees.
While JACKBIT doesn’t explicitly mention Pay ID casino support, its fiat options provide similar convenience for traditional banking users, ensuring accessibility for all players.

Additional Notes
- Minimum Deposits: Typically $10-$20 (or crypto equivalent), making JACKBIT accessible to players with varying budgets.
- Withdrawal Limits: High limits, such as $10,000 weekly, cater to high rollers, with crypto withdrawals offering greater flexibility.
- Security: SSL encryption and blockchain technology ensure safe transactions across all methods, aligning with the standards of the best new online casinos.
JACKBIT’s diverse payment options, combined with its focus on speed and security, make it a top choice for players seeking a reliable and flexible gaming platform.

Regulation of the Best Online Casinos

Regulation is a cornerstone of trust in online gambling, and JACKBIT operates under a Curacao Gaming License, a common choice for crypto casinos due to its flexibility and global reach. This license ensures legal operation and regular audits for fairness, aligning with the standards of the best new online casinos. Key regulatory aspects include:
- Licensing: The Curacao license guarantees compliance with international gaming standards, providing players with a safe and fair environment.
- Data Protection: SSL encryption safeguards personal and financial data, ensuring secure transactions and privacy for all users.
- Fair Play: Random Number Generators (RNGs) and provably fair games ensure unbiased outcomes, giving players confidence in the integrity of JACKBIT’s offerings.
- Responsible Gambling: Tools like deposit limits, self-exclusion, and reality checks promote safe play, demonstrating JACKBIT’s commitment to player well-being.
- Age Verification: JACKBIT enforces legal gambling age requirements (18 or 19, depending on jurisdiction), ensuring compliance with local regulations.
While the Curacao license is reputable, some players may prefer casinos licensed by stricter authorities like the Malta Gaming Authority or UK Gambling Commission. However, JACKBIT’s no-KYC policy and robust security measures make it a trustworthy choice for those seeking an anonymous online casino. Its adherence to regulatory standards reinforces its position among the best crypto casinos.

The Most Popular Payout Methods at JACKBIT

JACKBIT’s payout methods are optimized for speed, convenience, and privacy, with cryptocurrencies leading the way due to their alignment with the platform’s no-KYC ethos. Here are the most popular options among players:
- Bitcoin (BTC): The fastest and most widely used method, offering instant, fee-free withdrawals with complete anonymity, making it ideal for players in the best new online casinos.
- Ethereum (ETH): Popular for its quick processing and low transaction costs, providing a seamless payout experience for frequent players.
- Tether (USDT): A stablecoin that ensures consistent payout values, perfect for players seeking stability in their withdrawals.
- Ripple (XRP): Known for ultra-fast transactions and minimal fees, offering a reliable option for quick payouts.
- Visa/MasterCard: A dependable choice for fiat users, though withdrawals take 1-3 days and may incur minor fees, depending on the provider.
Cryptocurrency payouts dominate due to their speed and privacy, aligning with JACKBIT’s status as a top anonymous online casino. Fiat options remain popular for players transitioning from traditional banking, offering flexibility similar to a Pay ID casino. JACKBIT’s focus on instant, secure payouts ensures players can access their winnings with ease, reinforcing its position among the best new online casinos.

Responsible Gambling at JACKBIT

JACKBIT prioritizes player well-being with a comprehensive suite of responsible gambling tools, ensuring a safe and enjoyable experience for all users. These features align with the standards of the best new online casinos and demonstrate JACKBIT’s commitment to promoting healthy gaming habits:
- Deposit Limits: Players can set daily, weekly, or monthly caps on their deposits to manage spending and maintain control over their gaming budget.
- Self-Exclusion: Options to temporarily or permanently suspend accounts allow players to take a break if needed, supporting long-term well-being.
- Reality Checks: Periodic reminders of playtime and spending help players stay aware of their gaming activity, encouraging mindful play.
- Support Resources: JACKBIT provides links to organizations like GamCare and Gambling Therapy, offering professional support for players seeking assistance.
These tools empower players to game responsibly, ensuring JACKBIT remains a safe and trusted platform. By prioritizing player well-being, JACKBIT reinforces its reputation as a leader in the best crypto casinos, catering to a global audience with care and integrity.

✅JOIN NOW AND CLAIM YOUR SHARE OF MASSIVE REWARDS!

Commonly Asked Questions
1. Why is JACKBIT considered one of the best new online casinos?
  JACKBIT’s no-KYC policy, 7,000+ games, instant crypto payouts, and generous bonuses make it a top choice for 2025, offering a seamless and rewarding experience.
2. What bonuses does JACKBIT offer?
  New players receive a 30% Rakeback and 100 free spins, plus weekly giveaways, VIP rewards, and Pragmatic Drops & Wins with a €2,000,000 prize pool.
3. Which payment methods are most popular at JACKBIT?
  Bitcoin, Ethereum, Tether, and Visa/MasterCard are widely used for their speed, security, and reliability, making JACKBIT a strong Pay ID casino alternative.
4. Is JACKBIT a brand-new online casino?
  Launched in 2022, JACKBIT is a relatively new online casino but has quickly gained prominence due to its innovative features and player-focused approach.
5. Does JACKBIT support Pay ID casino options?
  While not explicitly mentioned, JACKBIT’s fiat options like Visa, Google Pay, and Apple Pay offer similar convenience for traditional banking users.
EMAIL: support@jackbit.com

Disclaimer and Affiliate Disclosure

General Disclaimer

This article is for informational and entertainment purposes only and does not constitute legal or financial advice. The content is based on research and user reviews, but no warranties are made. Players must verify all information before acting, as online gambling carries inherent risks. Ensure you meet your jurisdiction’s legal gambling age before participating.

Casino and Gambling Disclaimer

Online gambling involves risks and may not be suitable for everyone. Gambling laws vary by jurisdiction, and compliance is your responsibility. We do not promote gambling, and participation is at your own risk. JACKBIT is a third-party platform, and we are not liable for any losses or disputes arising from its use. Always gamble responsibly and seek professional advice if needed.

Affiliate Disclosure

This article may contain affiliate links, which earn us a commission at no additional cost to you for qualifying actions. These links help support our content creation. Our reviews remain unbiased, and we only recommend products and platforms we believe offer genuine value. Conduct your own research before signing up or making deposits to ensure JACKBIT meets your needs.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4f15aa58-806e-4a39-80fd-fcdaa1a6ef34

The MIL Network –
May 7, 2025
MIL-OSI: Best Online Casinos UK: JACKBIT is Ranked the Most Trusted Online Casino of 2025
Source: GlobeNewswire (MIL-OSI)

LONDON, May 06, 2025 (GLOBE NEWSWIRE) — JACKBIT Casino is making a bold impact on the UK’s online casino scene for 2025, offering a distinctive mix of privacy, speed, and premium gameplay. Since its launch in 2022, it has become a top choice for UK players who value no KYC requirements, instant crypto withdrawals, and access to over 7,000 games. With a sleek, user-friendly interface and full cryptocurrency support, JACKBIT delivers a modern, secure, and rewarding experience for real-money casino enthusiasts.

✔️JOIN JACKBIT & ACCESS 7,000+ GAMES INSTANTLY (UK ONLY)

JACKBIT Casino Features for UK Players

JACKBIT ranks among the best online casinos UK for 2025, offering privacy-first gaming with no KYC requirements. Players enjoy access to 7,000+ games, including top online pokies, live dealer tables, and more, powered by 85+ leading providers.

It supports 20+ cryptocurrencies like Bitcoin, Ethereum, and Solana, plus fiat options such as Visa, MasterCard, Apple Pay, and Google Pay. With instant withdrawals, zero fees, and 24/7 multilingual support, JACKBIT delivers secure, flexible, and seamless gaming, making it a top-rated choice for crypto and real money casino fans.

Our Favorite Overall Casino in the UK

JACKBIT stands out in the best Online Casinos UK for 2025, thanks to its blend of anonymity, fast payouts, and top-tier gaming. Licensed by Curacao eGaming, it’s a leading no KYC casino, ensuring privacy without sacrificing security.

UK players can claim 30% rakeback and 100 wager-free spins, plus enjoy a VIP program offering up to 30% rakeback. With a sleek interface, a sportsbook covering 140+ sports, and flexible crypto + fiat payment options, JACKBIT delivers a seamless, private, and high-reward casino experience.

✔️GRAB 30% RAKEBACK + 100 WAGER-FREE SPINS – VIP PERKS AWAIT!

Benefits of JACKBIT:
- No KYC Policy: A true Anonymous Online Casino, ideal for privacy-conscious UK players.
- Instant Withdrawals: Crypto payouts processed in minutes, a hallmark of best Crypto Casinos.
- Vast Game Library: Over 7,000 titles, including best online pokies, table games, and live dealer options.
- Flexible Payments: Supports 20+ cryptocurrencies and fiat methods like Apple Pay and Visa.
- Generous Bonuses: 30% rakeback, 100 free spins, weekly $10,000 giveaways, and Pragmatic Drops & Wins (€2,000,000) in best Online Casinos UK.
- Robust Sportsbook: Covers 140+ sports with 82,000+ monthly live events.
- Multilingual Support: 24/7 live chat in English, German, French, and more.
Negatives of JACKBIT:
- No Dedicated Mobile App: Mobile play is browser-based, unlike some New Online Casinos.
- Limited Fiat Withdrawal Options: Crypto-focused withdrawals may inconvenience fiat users.
- Occasional Verification for Large Withdrawals: May delay big payouts, despite the best No KYC Casino status.
- Restricted in Some Regions: UK players must confirm eligibility due to licensing nuances.
How To Join JACKBIT Casino? Step By Step

Joining JACKBIT, a leader in best online casinos UK, is quick and straightforward:
1. Visit the Official Site: Navigate to JACKBIT’s website and click “Sign Up.”
2. Register Anonymously: Provide an email and password—no personal details required, aligning with its Anonymous Online Casino ethos.
3. Deposit Funds: Choose from 20+ cryptocurrencies (e.g., Bitcoin, Ethereum) or fiat options like Visa or Apple Pay. The minimum deposit for the welcome bonus is $50.
4. Claim Your Bonus: 30% rakeback and 100 wager-free spins.
5. Start Playing: Dive into 7,000+ games, from best online pokies to sports betting, in best Crypto Casinos.
✔️CLICK HERE TO JOIN JACKBIT DIRECTLY

How We Selected JACKBIT as the Best Online Casino in the UK

Our rigorous evaluation process ensures JACKBIT ranks among the best online casinos in the UK. We assessed critical factors to identify the top crypto casinos for UK players:

License and Security

JACKBIT operates under a Curacao eGaming license, guaranteeing legitimacy and fair play. Advanced SSL encryption and a no KYC policy make it a secure best No KYC Casino, safeguarding UK players’ data and transactions in best online casinos UK.

Bonuses and Promotions

JACKBIT’s welcome offer, 30% rakeback, and 100 wager-free spins set a high standard in the best online casinos. Weekly $10,000 tournaments, Daily 1000 free spins, and Pragmatic Drops & Wins. The VIP rakeback system (up to 30%) and social media bonuses reward loyalty, making it a favorite in New Online Casinos.

Casino Games

Boasting over 7,000 games, JACKBIT offers unmatched variety, from slots and table games to live dealer options and a sportsbook with 140+ sports. This diversity appeals to all UK players in best Online Casinos UK.

Casino Game Providers

JACKBIT collaborates with 85 industry-leading providers, including Pragmatic Play, NetEnt, Evolution Gaming, Play’n GO, and Microgaming, ensuring top-quality online pokies and live games in best Crypto Casinos.

Banking Methods

JACKBIT supports 20+ cryptocurrencies (Bitcoin, Ethereum, Tether, Solana, etc.) and fiat options (Visa, MasterCard, Apple Pay, Google Pay, bank transfer) tailored for UK players. Instant crypto deposits and withdrawals position it as a leader in Pay ID Casino and best online casinos UK.

Customer Support

Available 24/7 via live chat in multiple languages (English, German, French, etc.), JACKBIT’s responsive support enhances its reputation as a top no KYC casino. Email support ([email protected]) ensures reliable assistance for UK players.

How We Choose the Top-Rated Casino Sites in the UK

To rank the best online casinos UK, we evaluate licensing, game variety, payment speed, bonuses, customer support, and user experience. JACKBIT excels with its Curacao license, 7,000+ games, instant crypto payouts, and no KYC policy, making it a premier anonymous online casino.

Mobile compatibility, responsible gambling tools (self-exclusion, deposit limits), and player feedback from platforms like Trustpilot are also critical, cementing JACKBIT’s status in new online casinos and best crypto casinos in the UK.

The Selection Process: Defining Excellence in Online Gaming

Our selection process for the best online casinos UK is meticulous:
- Gameplay Testing: We played slots, poker, live dealer games, and sports betting to assess quality, fairness, and RTP rates.
- Payment Verification: Tested deposits and withdrawals for speed, reliability, and fees in Pay ID Casino options.
- Bonus Evaluation: Analyzed wagering requirements, bonus terms, and overall value.
- Security Checks: Confirmed licensing, encryption, and responsible gambling measures for best no KYC Casino standards.
- Player Feedback: Reviewed Trustpilot and forum insights for real user experiences in best crypto casinos.
JACKBIT’s instant payouts, vast game selection, and privacy-first approach made it the top choice for best online casinos UK.

A Gaming Paradise: 8,000+ Ways to Play

While JACKBIT’s library is closer to 7,000 games (not 8,000 as sometimes claimed), it remains a gaming paradise for UK players in best online casinos UK. From best online pokies to live dealer tables, digital scratch cards, and a comprehensive sportsbook, the platform caters to every taste. Its sportsbook, featuring 82,000+ monthly live events, 75,000+ pre-match events, 4,500+ betting types, and 140+ sports, adds unparalleled versatility, making JACKBIT a standout in best crypto casinos.

Craps

JACKBIT offers digital craps with provably fair outcomes, delivering fast-paced dice action. The intuitive interface and customizable betting options make it accessible for beginners and seasoned UK players in new online casinos.

Live Dealer Games

With over 250 live dealer games from Evolution Gaming, Pragmatic Play, and Ezugi, JACKBIT provides immersive experiences in blackjack, roulette, baccarat, and game shows like Dream Catcher and Crazy Time. High-definition streaming, multi-camera angles, and professional dealers make it a highlight of the best crypto casinos.

Poker

Poker fans enjoy variants like Casino Hold’em, Caribbean Stud, Three Card Poker, and Texas Hold’em, with daily tournaments offering cash prizes and leaderboards. JACKBIT’s poker offerings are a draw for strategic players in the best online casinos UK.

Roulette

From XXXtreme Lightning Roulette to classic European, American, and French variants, JACKBIT’s roulette selection is diverse, with high RTPs (up to 97.3%) and sleek graphics in the best No KYC casinos. Features like auto-play and bet history enhance the experience.

Blackjack

Blackjack enthusiasts explore numerous variants, including live dealer tables with side bets (Perfect Pairs, 21+3) and multi-hand options. High RTPs (up to 99.5%) and strategic depth make it a favorite in Anonymous Online Casino.

Slots

With over 5,000 slot titles, including progressive jackpots (Mega Moolah), Megaways (Bonanza), and classic fruit machines, JACKBIT’s best online pokies cater to all preferences. Popular titles like Tasty Bonanza, Rise of Olympus deliver thrilling gameplay with RTPs ranging from 95% to 98% in the best online casinos.

Table Games

Beyond poker, roulette, and blackjack, JACKBIT offers baccarat, sic bo, and hi-lo. These games feature RNG and live versions, with flexible betting limits (£0.10 to £5,000) to suit casual players and high rollers in the best online casinos UK.

Digital Scratch Cards

JACKBIT includes digital scratch card games, offering instant-win excitement with themes like treasure hunts and sports. High RTPs (up to 94%) and low stake best cryptos make them popular in new online Casinos.

Mini-Games

JACKBIT’s mini-games, such as Aviator, Plinko, and Mines, provide quick, crypto-friendly entertainment. Provably fair algorithms ensure transparency, appealing to UK players in best crypto casinos.

Sportsbook

JACKBIT’s sportsbook is a major draw, covering 140+ sports, including football, cricket, rugby, tennis, esports, and niche options like Gaelic hurling. With 82,000+ monthly live events, 75,000+ pre-match events, and 4,500+ betting types (e.g., over/under, handicaps), it offers competitive odds and in-play betting, making it a top feature in best online casinos UK.

✔️JOIN JACKBIT NOW & UNLOCK EXCLUSIVE BONUSES!

Payment Options

JACKBIT’s payment system is a cornerstone of its appeal in the best online casinos UK, offering a robust blend of cryptocurrency and fiat methods tailored for UK players. All transactions are fee-free, with instant crypto deposits and withdrawals, and fiat processing times are competitive.

Cryptocurrencies (20+)

JACKBIT supports an extensive range of cryptocurrencies, ensuring fast, secure, and private transactions for UK players:
- Bitcoin (BTC): Minimum deposit $20, instant withdrawals, 1–5 minute processing.
- Ethereum (ETH): Supports ERC-20 tokens, instant payouts, and low gas fees.
- Tether (USDT): Stablecoin for low volatility, instant withdrawals.
- Solana (SOL): High-speed transactions, minimal fees, 1–3 minute processing.
- Ripple (XRP): Near-instant transfers, popular in Pay ID Casino.
- Litecoin (LTC): A Fast alternative to Bitcoin, with low fees and instant payouts.
- Binance Coin (BNB): Supports BEP-20 tokens, instant processing.
- Cardano (ADA): Eco-friendly blockchain, quick withdrawals.
- Dogecoin (DOGE): Fun and fast for small transactions, instant payouts.
- USD Coin (USDC): Stablecoin with 1:1 USD peg, instant processing.
- TRON (TRX): High throughput, low-cost transfers, 1–5 minutes.
- Bitcoin Cash (BCH): Faster than Bitcoin, low fees, instant withdrawals.
- Monero (XMR): Privacy-focused, ideal for an Anonymous Online Casino, instant payouts.
- Chainlink (LINK): Supports DeFi integrations, quick processing.
- Polygon (MATIC): Scalable Ethereum layer-2 solution, instant withdrawals.
- Shiba Inu (SHIB): Meme coin with growing adoption, 1–5 minute processing.
- Dai (DAI): Decentralized stablecoin, instant payouts.
- Dash (DASH): Enhanced privacy and speed, instant withdrawals.
- Stellar (XLM): Low-cost cross-border payments, 1–3 minute processing.
- Cosmos (ATOM): Interoperable blockchain, quick withdrawals.
Fiat Payment Methods

JACKBIT accommodates UK players preferring traditional methods, with secure and reliable options:
- Visa/MasterCard: Minimum deposit $20, instant deposits, withdrawals in 1–3 days.
- Apple Pay: Secure mobile payments, instant deposits, withdrawals in 1–2 days.
- Google Pay: Fast and convenient, instant deposits, withdrawals in 1–2 days.
- Bank Transfer: Minimum $50, ideal for larger transactions, deposits in 1–3 days, withdrawals in 3–5 days.
Additional Payment Notes
- No Transaction Fees: JACKBIT charges zero fees for deposits or withdrawals, enhancing its appeal in the best crypto casinos.
- Currency Conversion: Fiat deposits in GBP are supported, with automatic conversion for crypto wallets if needed.
- Withdrawal Limits: Crypto withdrawals have no upper limit; fiat withdrawals cap at $10,000 per transaction for bank transfers. Large payouts may require verification, slightly delaying processing in best No KYC casino.
- UK Availability: All listed payment methods are confirmed available for UK players, per JACKBIT’s terms and web research.
These options ensure JACKBIT’s versatility in best online casinos UK, catering to both crypto enthusiasts and traditional payment users. UK players should verify eligibility for fiat withdrawals due to regional banking restrictions.

Customer Support

JACKBIT’s customer support is a pillar of its success in best online casinos UK. Available 24/7 via live chat in multiple languages (English, German, French, Spanish, Russian, etc.), the team resolves queries promptly, typically within 1–3 minutes. Email support ([email protected]) offers a reliable alternative for detailed inquiries, with responses within 12–24 hours. Social media channels (Twitter, Telegram) provide additional support and bonus updates, appealing to UK players in best crypto casinos.

The Most Popular Payout Methods at Online New Zealand Casinos

While the query mentions New Zealand, we focus on UK-relevant payout methods, as JACKBIT’s systems align globally with slight regional variations. The most popular payout methods for UK players in best online casinos UK include:
- Bitcoin (BTC): Fastest option, processed in 1–5 minutes, no fees.
- Tether (USDT): Stablecoin for predictable payouts, instant processing.
- Solana (SOL): High-speed, low-cost withdrawals, 1–3 minutes.
- Visa/MasterCard: Widely used for fiat withdrawals, 1–3 days, no fees.
- Bank Transfer: Secure for large withdrawals, 3–5 days, ideal for high rollers.
- Apple Pay: Growing in popularity for quick fiat payouts, 1–2 days.
Crypto withdrawals dominate due to their speed and privacy, reinforcing JACKBIT’s status in Pay ID Casino and best crypto casinos. Fiat withdrawals are reliable but slower, with occasional verification for sums exceeding $5,000, aligning with best No KYC Casino practices.

Additional JACKBIT Features for UK Players

Rakeback VIP Club

JACKBIT’s Rakeback VIP Club rewards UK players with bonus points based on their VIP level, redeemable for cash, free spins, or exclusive perks. Rakeback ranges from 10% to 30%, with higher tiers unlocking personalized offers, faster withdrawals, and dedicated account managers, making it a draw in best online casinos UK.

Tournaments and Leaderboards

JACKBIT hosts rewarding tournaments, including slots and live dealer challenges, with an attractive prize pool. Weekly leaderboards for sports betting and casino games offer cash prizes and free spins, enhancing engagement in best crypto casinos.

Mobile Compatibility

While lacking a dedicated app, JACKBIT’s mobile-optimized website delivers seamless gameplay on iOS and Android devices. UK players can access all 7,000+ games, manage payments, and contact support on the go, rivaling New Online Casinos with native apps.

Responsible Gambling Tools

JACKBIT supports responsible gambling with tools like deposit limits, self-exclusion, and session time alerts. Links to GamCare and BeGambleAware are provided for UK players, reinforcing their credibility in best online casinos UK.

Multilingual Platform

Available in English, German, French, Spanish, Russian, and more, JACKBIT’s platform caters to diverse UK players. The interface supports GBP currency display, ensuring a localized experience in best crypto casinos.

JACKBIT Conclusion: The best Online Casino for UK Players

JACKBIT Casino leads the best Online Casinos UK in 2025 with its no KYC policy, instant crypto withdrawals, and 7,000+ games. As a best No KYC Casino and anonymous online casino, it ensures privacy and security. With generous bonuses, 20+ cryptocurrencies, fiat options, and 24/7 support, JACKBIT offers UK players an unmatched gaming experience, from best online pokies to sports betting. Join now for thrilling, secure fun in best crypto casinos.

✔️CLICK HERE TO JOIN JACKBIT CASINO

Frequently Asked Questions

Does JACKBIT offer no KYC withdrawals?

Yes, JACKBIT is a best No KYC Casino, allowing anonymous withdrawals. Large payouts (over $5,000) may require verification.

How fast are withdrawals at JACKBIT?

Crypto withdrawals are instant (1–5 minutes), while fiat withdrawals (Visa, bank transfer) take 1–5 days, a strength in the best crypto casinos.

What games can I play at JACKBIT?

JACKBIT offers 7,000+ games, including best online pokies, blackjack, roulette, poker, live dealer games, digital scratch cards, mini-games, and a sportsbook with 140+ sports.

Email: support@JACKBIT.com

Disclaimer

General Disclaimer

This content is for informational and entertainment purposes only. It does not constitute legal, financial, or professional advice. Information provided is based on public sources, research, and user feedback available at the time of writing. While we strive for accuracy, no guarantees, express or implied, are made regarding completeness or timeliness.

Always verify details independently before making decisions. Use of this content is at your own risk.

Casino & Gambling Disclaimer

Online gambling involves financial risk and may not be suitable for everyone. Please ensure you meet the legal gambling age in your region before registering at any online casino. Laws vary by country and jurisdiction, and it’s your responsibility to stay compliant. We do not promote or encourage gambling, and participation is entirely at the user’s discretion.

Affiliate Disclosure

This article may include affiliate links. We may earn a commission if you sign up or make a purchase through them, at no extra cost to you. Our reviews are independent and unbiased. We only recommend platforms that we believe offer value, but we encourage users to do their research before engaging with any online casino.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6dcee7c9-acff-4da4-9755-f9e074d09ee1

The MIL Network –
May 7, 2025

MIL-OSI: WISeKey and OISTE.ORG Generate and Launch a Post-Quantum Cryptography Root Key to Defend Against Quantum Cyber Threats

Source: GlobeNewswire (MIL-OSI)

WISeKey and OISTE.ORG Generate and Launch a Post-Quantum Cryptography Root Key to Defend Against Quantum Cyber Threats

Geneva, Switzerland, May 7, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, in collaboration with the OISTE.ORG Foundation, today announced the rollout of the “Quantum Root Key,” a new Root of Trust using post-quantum cryptographic (PQC) algorithms, designed to protect digital identities, communications, and systems against the disruptive power of quantum computing. The “Quantum Root Key” has already been created and will be made widely available once Microsoft and other OS and Browsers adopt the new PQC Roots, marking a critical advancement in securing global digital infrastructures for the quantum age.

Much of the sensitive data transmitted across the globe today relies on encryption to protect it from cybercriminals and unauthorized access. However, the rise of quantum computing, with its ability to perform complex mathematical operations such as factoring large prime numbers, threatens to upend the foundations of modern encryption. Common encryption schemes, once considered unbreakable, will become ineffective against quantum algorithms such as Shor’s. The solution cannot simply be to increase key lengths indefinitely; a new cryptographic paradigm is required.

WISeKey and the OISTE.ORG Foundation have responded to this threat with the launch of “Quantum Root Key,” powered by NIST-standardized Post-Quantum Cryptography (PQC) algorithms such as ML-DSA (previously known as CRYSTALS-Dilithium), ML-KEM (CRYSTALS-Kyber), and FALCON. These algorithms are designed to resist quantum attacks and preserve long-term data confidentiality. The “Quantum Root Key” allows a new set of PQC trust services through WISeKey’s trusted Trust Services infrastructure and its Post-Quantum PKI (PQC-PKI) platform, which anchors cryptographic security within tamper-resistant environments such as Hardware Security Modules (HSMs), Trusted Platform Modules (TPMs), and secure microcontrollers.

These new Post-Quantum Trust Services enable secure authentication, quantum-safe encryption, and long-term data integrity for critical systems and communications. It supports the issuance and lifecycle management of quantum-resistant digital certificates, protecting everything from financial transactions and patient medical data to government communications and IoT infrastructures. Sectors that depend on long-term confidentiality, such as defense, healthcare, finance, and telecommunications, will benefit immensely from this forward-looking technology. However, devices with limited processing power, such as those in the IoT ecosystem, may experience resource challenges when handling these larger certificates, an area where optimization remains a key focus.

Post-Quantum Safe certificates issued by this platform maintain a structure similar to traditional Root and Intermediate Certificate Authority (ICA) certificates, including defined Key Usages, Certificate Revocation List (CRL) and Online Certificate Status Protocol (OCSP) endpoints. The critical distinction lies in their use of post-quantum key types, which require significantly larger key sizes and mathematical models to prevent exploitation by quantum adversaries.

To accelerate real-world adoption, WISeKey’s semiconductor subsidiary SEALSQ Corp (NASDAQ: LAES) is also launching the SEALSQ Quantum Lab. This platform offers companies and researchers access to WISeKey’s PQC-PKI infrastructure for pilot projects, evaluation, and early-stage deployment of quantum-resistant certificates. The Quantum Lab is set to become a leading reference hub for organizations seeking to future-proof their digital security strategies.

Carlos Moreira, Founder and CEO of WISeKey, stated, “Quantum computing is set to redefine cybersecurity. Our Quantum RootKey and new PQC-PKI ensure that digital identities and communications remain secure in the face of these changes. Our collaboration with the OISTE.ORG Foundation reinforces our mission to create a secure and privacy-centric digital world.”

As the cybersecurity world prepares for the quantum era, the industry is not standing still. From quantum-safe algorithms and key generation to advanced encryption and certificate management, next-generation systems are already being deployed in the fight against tomorrow’s cyber threats. WISeKey and OISTE.ORG are leading the way by turning emerging cryptographic theory into practical, scalable solutions, ensuring that today’s data stays secure well into the future.

About WISeKey

WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

Disclaimer
This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

Press and Investor Contacts

WISeKey International Holding Ltd
Company Contact: Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
info@wisekey.com

WISeKey Investor Relations (US)
The Equity Group Inc.
Lena Cati
Tel: +1 212 836-9611
lcati@equityny.com

The MIL Network –

May 7, 2025

MIL-OSI: Interim Financial Report, Q1 2025
Source: GlobeNewswire (MIL-OSI)
- Earnings per share DKK 19.4 (Q1 2024: DKK 19.0)
- Core income DKK 3,229m (Q1 2024: DKK 3,430m)
- Core expenses DKK 1,533m (Q1 2024: DKK 1,557m)
- Loan impairment charges: DKK 66m (Q1 2024: DKK 82m)
- Post-model adjustments relating to loan impairment charges was up to DKK 1,869m (end of 2024: DKK 1,782m).
- Capital ratio at 20.9%, of which common equity tier 1 capital ratio of 15.7% (Q1 2024: 22.0% and 16.6%, respectively)
Summary

”Jyske Bank has got off to a good start to the year with continued progress. In addition, we have boosted customer satisfaction, among personal as well as corporate customers, over the past year. We are in a strong financial position and well-equipped to support our customers,” says Lars Mørch, CEO and Member of the Group Executive Board.

In Q1 2025, earnings per share rose by 2% compared with the year before despite the impact from considerably lower short-term interest rates. The business volumes showed sustained increase with increased momentum in the personal customer area.

The Danish economy continues to show high employment and a slightly increasing level of activity. The future development of the economy is affected by higher geopolitical uncertainty and the ongoing trade war.

Strategic progress
Jyske Bank’s strategy builds on the Group’s strengths and aims to pave the way for a strong future market position. The strategy involves tight operations combined with higher investments in selected customer segments and ensuring a solid, secure and attractive platform.

We have clear-cut targets for stronger customer focus, and it is our ambition to help customers in their sustainable transition and to use digitisation proactively to the benefit of customers and to raise efficiency in the Group.

In the first quarter of 2025, we further enhanced the customer experience by making all relevant information about meetings with Jyske Bank available at the online and mobile banking platforms. We introduced AI assistants and made artificial intelligence accessible to all employees.

Corporate customers have also gained new opportunities at online banking through modules for financial and risk management, which can help them make informed decisions and effectively manage their risks. We also held business-oriented webinars focusing on the future of construction and climate accounts.

Rising customer satisfaction
Jyske Bank’s customer satisfaction surged over the past twelve months. Personal customer satisfaction shows one of the largest increases among Danish banks and is higher than that of comparable financial institutions. Jyske Bank has the most satisfied private banking customers in the country, and in addition, satisfaction among corporate customers is on the rise. This is the result of targeted efforts where we have to an even higher extent held meetings with our customers.

New Executive Board member
After nearly 38 years with Jyske Bank – of these almost 16 years on the Group Executive Board, Niels Erik Jakobsen, Head of Personal Banking and Wealth Management and Member of the Group Executive Board, has as previously announced decided to retire on 1 June 2025.

At the same date, Ingjerd Blekeli Spiten will take office as Head of Personal Banking and Wealth Management and new member of the Group Executive Board. Ingjerd Blekeli Spiten was during the period 2018-2024 Group Executive Director of Retail Banking at DNB (Norway). Previously, she held leadership positions with responsibility for sales, development, and implementation at DNB and companies such as Ericsson, Microsoft and Telenor.

DKK 19.4 per share in Q1 2025
Jyske Bank’s earnings per share were up by 2% to DKK 19.4, supported by a positive development in activity and fewer shares in circulation.

Core income declined by 6% due to lower net interest income after Danmarks Nationalbank’s policy rate decreased to an average of 2.36% for the first quarter of 2025 from 3.60% a year before. Net fee and commission income, on the other hand, showed a continued positive development with an increase of 20%, driven by rising assets under management and customers’ adoption of our investment products.

Core expenses decreased by 2%, driven by fewer employees and lower contributions to the Resolution Fund, partially offset by contractual wage increases of 3.7% and inflation. Additionally, the effect of DKK 22m lower non-recurring items relating to the acquisitions of Handelsbanken Danmark and PFA Bank after completed integration processes.

Loan impairment charges remained at a low level of DKK 66m against DKK 82m in the preceding year. The continued low level includes the effect of an increase in management’s estimates regarding impairments by DKK 87m to DKK 1.9bn, in order to address the effects from higher macroeconomic uncertainty.

The capital base remains solid after the implementation of Basel IV. The common equity tier 1 capital ratio was 15.7% at the end of the first quarter of 2025, with a total capital ratio of 20.9% in line with the targeted intervals.

Webcast and conference call
Jyske Bank will host a conference call in English targeting investors and analysts today at 12:00 p.m. CET (link). Conference call and presentation will be available via www.jyskebank.dk/ir.

Yours faithfully,
Jyske Bank

Contact:
Lars Mørch, CEO and Member of the Executive Board, tel. +45 89 89 20 01
Birger Krøgh Nielsen, CFO, tel. +45 89 89 64 44

Attachments
- Interim Finanical Report Q1 2025
- Corporate announcement 20250507
The MIL Network –
May 7, 2025

MIL-OSI: VAALCO Energy, Inc. Provides Additional Information Regarding Its Capital Markets Day Planned for May 14, 2025

Source: GlobeNewswire (MIL-OSI)

HOUSTON, May 07, 2025 (GLOBE NEWSWIRE) — Vaalco Energy, Inc. (NYSE: EGY; LSE: EGY) (“Vaalco” or the “Company”) today provided additional details regarding its Capital Markets Day presentation on Wednesday, May 14, 2025. The presentation will begin at 8 a.m. Central Time (2 p.m. London Time) and is expected to conclude by around 10:00 a.m. Central Time (4 p.m. London Time).

Participation in the Capital Markets Day is directed to Vaalco’s shareholders, buy side and sell side analysts, as well as large institutional investors and portfolio managers. The session will be webcast live along with related presentation materials, and the webcast will allow for questions to be asked of the management team.

Interested investors may sign up for the webcast using the link that is now available on Vaalco’s web site at www.vaalco.com in the “Investors” section of the web site under upcoming events, or use this link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=nvILiLZm. A replay will be archived on the site shortly after the presentation concludes.

The agenda will include presentations by key members of management on topics including:

A technical deep dive into Vaalco’s diverse portfolio;
Updates on the Company’s major investment projects;
Outlining projected finance and capital management strategy for execution of the Company’s longer-term vision; and
Additional insight into Vaalco’s strategy over the next three to five years.

About Vaalco
Vaalco, founded in 1985 and incorporated under the laws of Delaware, is a Houston, Texas, USA based, independent energy company with a diverse portfolio of production, development and exploration assets across Gabon, Egypt, Côte d’Ivoire, Equatorial Guinea, Nigeria and Canada.

For Further Information

Vaalco Energy, Inc. (General and Investor Enquiries)	+00 1 713 543 3422
Website:	www.vaalco.com

Al Petrie Advisors (US Investor Relations)	+00 1 713 543 3422
Al Petrie / Chris Delange

Burson Buchanan (UK Financial PR)	+44 (0) 207 466 5000
Ben Romney / Barry Archer	Vaalco@buchanan.uk.com

Forward Looking Statements

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created by those laws and other applicable laws and may also include “forward-looking information” within the meaning of applicable Canadian securities law (collectively “forward-looking statements”). Where a forward-looking statement expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. All statements other than statements of historical fact may be forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “forecast,” “outlook,” “aim,” “target,” “will,” “could,” “should,” “may,” “likely,” “plan” and “probably” or similar words may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, but are not limited to, statements relating to (i) estimates of future drilling, production, sales and costs of acquiring crude oil, natural gas and natural gas liquids; (ii) expectations regarding Vaalco’s ability to effectively integrate assets and properties it has acquired as a result of the Svenska acquisition into its operations; (iii) expectations regarding future exploration and the development, growth and potential of Vaalco’s operations, project pipeline and investments, and schedule and anticipated benefits to be derived therefrom; (iv) expectations regarding future acquisitions, investments or divestitures; (v) expectations of future dividends; (vi) expectations of future balance sheet strength; and (vii) expectations of future equity and enterprise value.

Such forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to: risks relating to any unforeseen liabilities of Vaalco; the ability to generate cash flows that, along with cash on hand, will be sufficient to support operations and cash requirements; risks relating to the timing and costs of completion for scheduled maintenance of the FPSO servicing the Baobab field; and the risks described under the caption “Risk Factors” in Vaalco’s 2024 Annual Report on Form 10-K filed with the SEC on March 17, 2025 and subsequent Quarterly Reports on Form 10-Q filed with the SEC.

The MIL Network –

May 7, 2025

MIL-OSI: CREDIT AGRICOLE S.A. ANNOUNCES REDEMPTION OF EUR 750,000,000 Subordinated Fixed Rate Resettable Notes issued on June 5, 2020 (ISIN: FR0013516184)
Source: GlobeNewswire (MIL-OSI)

Montrouge, May 7, 2025

CREDIT AGRICOLE S.A. ANNOUNCES REDEMPTION OF

EUR 750,000,000 Subordinated Fixed Rate Resettable Notes issued on June 5, 2020 (ISIN: FR0013516184)*

Crédit Agricole S.A. (the “Issuer”) announces today the redemption (the “Redemption”) with effect on June 5, 2025 (the “Redemption Date”) of all of its outstanding EUR 750,000,000 Subordinated Fixed Rate Resettable Notes issued on June 5, 2020 (ISIN: FR0013516184) (the “Notes”) pursuant to Condition 6(e) (Redemption at the Option of the Issuer) of the terms and conditions of the Notes (the “Terms and Conditions”) included in the base prospectus dated April 9, 2020, which was granted the visa n°20-136 by the Autorité des marchés financiers on April 9, 2020 (as further amended and supplemented, the “Base Prospectus”) at the outstanding nominal amount thereof, together with any accrued interest thereon (the “Redemption Amount”).

On the Redemption Date, the Redemption Amount shall become due and payable and, in accordance with Condition 5(h) (Accrual of Interest) of the Terms and Conditions, unless the Redemption Amount is improperly withheld or refused, each Note shall cease to bear interest on the Redemption Date.

The terms and modalities of the Redemption are set out in the notice to the holders of the Notes appended to this press release.

For further information on Crédit Agricole S.A., please see Crédit Agricole S.A.’s website: https://www.credit-agricole.com/en/finance.

DISCLAIMER

This press release does not constitute an offer to buy or the solicitation of an offer to sell the Notes in the United States of America, Canada, Australia or Japan or in any other jurisdiction. The distribution of this press release in certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes are required to inform themselves about, and to observe, any such restrictions.

No communication or information relating to the redemption of the Notes may be distributed to the public in a country where a registration obligation or an approval is required. No action has been or will be taken in any country where such action would be required. The redemption of the Notes may be subject to specific legal and regulatory restrictions in certain jurisdictions; Crédit Agricole S.A. accepts no liability in connection with a breach by any person of such restrictions.

This press release is an advertisement; and none of this press release, any notice or any other document or material made public and/or delivered, or which may be made public and/or delivered to the holders of the Notes in connection with the redemption of the Notes is or is intended to be a prospectus for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of the Council dated 14 June 2017 (as amended, the “Prospectus Regulation”). No prospectus will be published in connection with the redemption of the Notes for the purposes of the Prospectus Regulation.

This press release does not, and shall not, in any circumstances, constitute an offer to the public of Notes by Crédit Agricole S.A. nor an invitation to the public in connection with any offer in any jurisdiction, including France.

* The ISIN number is included solely for the convenience of the holders of the Notes. No representation is being made as to the correctness or accuracy of the ISIN number as contained herein.

CRÉDIT AGRICOLE S.A. PRESS CONTACT

Alexandre Barat + 33 1 57 72 12 19 alexandre.barat@credit-agricole-sa.fr
Olivier Tassain + 33 1 43 23 25 41 olivier.tassain@credit-agricole-sa.fr

Find our press release on: www.credit-agricole.com – www.creditagricole.info

Crédit_Agricole Groupe Crédit Agricole créditagricole_sa

Attachment
- CASA – Tier 2 call June 2025 – Press release
The MIL Network –
May 7, 2025
MIL-OSI: Karolinska Development’s portfolio company Umecrine Cognition presents data validating novel clinical scale in PBC at EASL 2025
Source: GlobeNewswire (MIL-OSI)

STOCKHOLM, SWEDEN – May 7, 2025. Karolinska Development AB (Nasdaq Stockholm: KDEV) today announces that its portfolio company Umecrine Cognition will attend the EASL Congress 2025 in Amsterdam, May 7–10, to present validation and implementation data for the newly developed clinical scale for Primary Biliary Cholangitis, PBC.

Umecrine Cognition is developing a new class of drugs to alleviate cognitive symptoms caused by liver disease. The company’s drug candidate golexanolone is currently being evaluated in a clinical Phase 2a study in PBC. At EASL 2025 (European Association for the Study of the Liver), Umecrine Cognition will present validation and implementation data for the newly developed clinical scale CGI-S-PBC™ (Clinical Global Impression of Severity Scale for Primary Biliary Cholangitis), which was partly developed by the company and is currently being used in the ongoing clinical trial with golexanolone.

The scale was designed to evaluate symptom severity in PBC patients that cannot be measured by conventional laboratory tests. The newly developed CGI-S-PBC™ scale is a more objective, anchor-based clinical outcome scale that expands on the patient-reported outcome measure PBC-40, and the validation and implementation were recently documented in two separate studies along with the current use in the clinical Phase 2a trial.

Abstracts summarizing the validation and implementation of CGI-S-PBC™ will be presented at the on-site paper poster session “Immune-mediated and cholestatic disease: Clinical aspects” on Thursday, May 8, with the title: “Validation of the clinical global impression severity scale for primary biliary cholangitis: a clinical trials outcome tool,” and “Implementation of a clinical global impression severity scale for primary biliary cholangitis: results of a hepatologist focused training program”.

Karolinska Development’s ownership in Umecrine Cognition amounts to 73%.

For further information, please contact:

Viktor Drvota, CEO, Karolinska Development AB
Phone: +46 73 982 52 02, e-mail: viktor.drvota@karolinskadevelopment.com

Johan Dighed, General Counsel and Deputy CEO, Karolinska Development AB
Phone: +46 70 207 48 26, e-mail: johan.dighed@karolinskadevelopment.com

TO THE EDITORS

About Karolinska Development AB

Karolinska Development AB (Nasdaq Stockholm: KDEV) is a Nordic life sciences investment company. The company focuses on identifying breakthrough medical innovations in the Nordic region that are developed by entrepreneurs and leadership teams. The company invests in the creation and growth of companies that advance these assets into commercial products that are designed to make a difference to patient’s lives while providing an attractive return on investment to shareholders.

Karolinska Development has access to world-class medical innovations at the Karolinska Institutet and other leading universities and research institutes in the Nordic region. The company aims to build companies around scientists who are leaders in their fields, supported by experienced management teams and advisers, and co-funded by specialist international investors, to provide the greatest chance of success.

Karolinska Development has a portfolio of eleven companies targeting opportunities in innovative treatment for life-threatening or serious debilitating diseases.

The company is led by an entrepreneurial team of investment professionals with a proven track record as company builders and with access to a strong global network.

For more information, please visit www.karolinskadevelopment.com.

Attachment
- KD Umecrine Cognition EASL eng
The MIL Network –
May 7, 2025
MIL-OSI USA: SPC May 7, 2025 0100 UTC Day 1 Convective Outlook

Source: US National Oceanic and Atmospheric Administration

SPC AC 070052

Day 1 Convective Outlook
NWS Storm Prediction Center Norman OK
0752 PM CDT Tue May 06 2025

Valid 070100Z – 071200Z

…THERE IS A SLIGHT RISK OF SEVERE THUNDERSTORMS ACROSS PARTS OF
SOUTH TEXAS…THE TEXAS COASTAL PLAIN…SABINE RIVER VALLEY…LOWER
MISSISSIPPI VALLEY…

…SUMMARY…
Severe storms, associated with large hail, severe gusts and an
isolated tornado threat, will be possible across parts of the Texas
Coastal Plain, Sabine River Valley and lower Mississippi Valley this
evening. Marginally severe hail will also be possible in parts of
west Texas.

…Texas Coastal Plain/Sabine River Valley/Lower Mississippi
Valley…
Latest surface analysis shows a cold front across the Texas Coastal
Plain, along which a broken line of strong thunderstorms is ongoing.
An MCS is located from east Texas eastward across much of Louisiana,
along and near a warm front. The MCS is being supported by
large-scale ascent associated with a shortwave trough, evident on
water vapor imagery over the Ark-La-Tex and lower Mississippi
Valley. The storms are also being supported by warm advection from
southern Louisiana into far southern Mississippi, where the RAP has
MLCAPE in the 1000 to 2000 J/kg range. The MCS will continue to move
eastward across this unstable airmass this evening. Within the MCS,
rotating storms should be capable of producing large hail and wind
damage. In addition, the Lake Charles, Louisiana 00Z Sounding has
0-3 km storm-relative helicity near 500 m2/s2. This will support an
isolated tornado threat with supercells that remain strong this
evening.

Further southwest from the Texas Coastal Plain into south Texas, a
very moist and unstable airmass will reside this evening. In south
Texas, the RAP suggests that MLCAPE is as great as 4500 J/kg. The
strong instability is reflected on the 00Z sounding at Brownsville,
Texas, where 0-6 km shear is near 50 knots, and the 700-500 mb lapse
rate is near 8 C/km. This environment will support supercell
development later this evening into the overnight period as a subtle
shortwave trough moves into the region. Isolated large hail and
severe gusts will be possible.

…West Texas…
A mid-level low is currently evident on water vapor imagery across
eastern New Mexico. A trough extends southeastward from the low
across west and north Texas. The trough is supporting thunderstorm
storm development along and near an axis of instability. The RAP is
estimating MLCAPE in the 500 to 750 J/kg range over parts of the
Caprock near Lubbock. In addition, the Lubbock WSR-88D VWP has 0-6
km shear near 45 knots. RAP forecast soundings early this evening
near Lubbock have steep low to mid-level lapse rates in the 7 to 8
C/km range. This environment should support a marginal threat for
hail and severe gusts over the next hour or two.

..Broyles.. 05/07/2025

CLICK TO GET WUUS01 PTSDY1 PRODUCT

NOTE: THE NEXT DAY 1 OUTLOOK IS SCHEDULED BY 0600Z

MIL OSI USA News –

May 7, 2025
MIL-OSI USA: SPC MD 731

Source: US National Oceanic and Atmospheric Administration

Mesoscale Discussion 731

Mesoscale Discussion 0731
NWS Storm Prediction Center Norman OK
1022 PM CDT Tue May 06 2025

Areas affected…parts of sern MS…swrn AL…wrn FL PNHDL

Concerning…Severe potential…Watch possible

Valid 070322Z – 070515Z

Probability of Watch Issuance…40 percent

SUMMARY…There still appears potential for convection to become
better organized and intensify through Midnight-2 AM CDT,
accompanied by an increase in potential for strong to severe surface
gusts.

DISCUSSION…Vigorous thunderstorm development is generally being
maintained within a broader area of convection, which continues to
spread eastward with large-forcing for ascent across the lower
Mississippi Valley. One relatively broad cyclonic mesoscale
circulation remains evident near a clustering of persistent strong
convection, now near a remnant weak baroclinic zone east of Natchez
MS. There still appears potential for this circulation to
strengthen along the thermal gradient, particularly as long as
south/southeasterly updraft inflow continues to emanate from a moist
low-level environment characterized by sizable CAPE. This appears
to extend as far east as the Florida Panhandle. 03Z surface
observations suggest that convection may be contributing to a
notable surface pressure perturbation, with 3-4+ mb 2-hourly surface
pressure rises sampled at Greenwood, Jackson, Brookhaven County
Airport MS and Baton Rouge LA, and much weaker rises to weak falls
downstream.

..Kerr/Smith.. 05/07/2025

…Please see www.spc.noaa.gov for graphic product…

ATTN…WFO…BMX…MOB…JAN…LIX…

LAT…LON 32468929 32448834 31928774 31298672 30298738 30058753
30368919 30528989 31058980 31508959 32468929

MOST PROBABLE PEAK TORNADO INTENSITY…UP TO 95 MPH
MOST PROBABLE PEAK WIND GUST…UP TO 60 MPH
MOST PROBABLE PEAK HAIL SIZE…UP TO 1.25 IN

Top/All Mesoscale Discussions/Forecast Products/Home

MIL OSI USA News –

May 7, 2025
MIL-OSI USA: SPC MD 732

Source: US National Oceanic and Atmospheric Administration

Mesoscale Discussion 0732
NWS Storm Prediction Center Norman OK
1156 PM CDT Tue May 06 2025

Areas affected…parts of the lower Rio Grande Valley

Concerning…Severe potential…Watch possible

Valid 070456Z – 070700Z

Probability of Watch Issuance…40 percent

SUMMARY…An isolated intense supercell, or perhaps small organizing
cluster of storms, may continue to evolve west of the lower Rio
Grande Valley during the next few hours, before beginning to move
across the Red River toward 3-4 AM CDT.

DISCUSSION…Moist upslope flow west of the Rio Grande River has
contributed to the initiation of thunderstorm development along the
higher terrain, around 75-80 miles southwest of Laredo. This may be
aided by forcing associated with a weak a mid-level short wave
trough embedded within southwesterly deep-layer mean flow on the
order of 30-40 kt. At mid/upper levels this flow is strong and
conducive to supercell development, particularly given inflow of
seasonably moist air characterized by large CAPE, beneath steep
lower/mid-tropospheric lapse rates.

Although substantive near-surface drying has occurred across the
Cotulla vicinity into the areas south of Laredo, with continued
veering of near-surface flow from northerly to easterly, westward
advection of mid 70s+ surface dew points up the lower Rio Grande
Valley is likely to continue overnight. Various model output
suggests that this may become supportive of at least isolated
thunderstorm development propagating off the higher terrain, and
across the Rio Grande River by 08-09Z. Given the environment, this
could include a supercell capable of producing large hail and strong
surface gusts.

..Kerr/Smith.. 05/07/2025

…Please see www.spc.noaa.gov for graphic product…

ATTN…WFO…CRP…BRO…

LAT…LON 28119960 27409854 26699874 26330030 26960088 28119960

MOST PROBABLE PEAK TORNADO INTENSITY…UP TO 95 MPH
MOST PROBABLE PEAK WIND GUST…65-80 MPH
MOST PROBABLE PEAK HAIL SIZE…2.00-3.50 IN

MIL OSI USA News –

May 7, 2025
MIL-OSI Economics: Microsoft and FFA help students use smart sensors and AI to learn about the future of farming

Source: Microsoft

Headline: Microsoft and FFA help students use smart sensors and AI to learn about the future of farming

Partnership expands FarmBeats for Students program to all 50 states to help grow next generation of farmers

REDMOND, Wash. — May 6, 2025 — Microsoft Corp. and the National FFA Organization on Tuesday announced the national expansion of FarmBeats for Students, a cutting-edge educational program integrating smart sensors, data science and artificial intelligence (AI) to teach precision agriculture in classrooms. Starting today, FFA teachers and students throughout the United States, including FFA chapters in 185 middle and high schools, will receive a classroom set of FarmBeats for Students kits free of charge. The kits include ready-to-use sensor systems along with curriculum for teachers and are designed for classrooms of all kinds; no prior technical experience is required.

More and more farmers are adopting advanced technology, including automating systems such as tractors and harvesters and using drones and data analysis to intervene early against pests and disease, to maximize crop yield, optimize resource usage, and adjust to changing weather patterns. Gaining hands-on experience with machine automation, data science and AI will help American agricultural students remain competitive in the global market.

Using the FarmBeats for Students kits and free curriculum, students build environmental sensor systems and use AI to monitor soil moisture and detect nutrient deficiencies — allowing them to understand what is happening with their plants and make data-driven decisions in real time. Students can adapt the kit to challenges unique to their region — such as drought, frost and pests — providing them with practical experience in tackling real-world issues in their hometowns.

“Microsoft is committed to ensuring students and teachers have the tools they need to succeed in today’s tech-driven world, and that includes giving students hands-on experience with precision farming, data science and AI,” said Mary Snapp, Microsoft vice president, Strategic Initiatives. “By teaming up with FFA to bring FarmBeats for Students to students across the country, we hope to inspire the next generation of agriculture leaders and equip them with the skills to tackle any and all challenges as they guide us into the future.”

“Our partnership with Microsoft exemplifies the power of collaboration in addressing industry needs while fostering personal and professional growth among students,” said Christine White, chief program officer, National FFA Organization. “Supporting agricultural education and leadership development is crucial for shaping the next generation of innovators and problem solvers. Programs like this equip students with technical knowledge, confidence and adaptability to thrive in diverse and evolving industries. Investing in these young minds today sets the stage for a more sustainable, innovative and resilient agricultural future.”

In addition, teachers, students or parents interested in FarmBeats for Students can purchase a kit for $35 at this link and receive free training at Microsoft Learn.

Any educator interested in implementing the FarmBeats for Students program can now access a new, free comprehensive course on the Microsoft Educator Learn Center, providing training on precision agriculture, data science and AI, allowing teachers to earn professional development hours and badges.

FarmBeats for Students was co-developed by Microsoft, FFA and agriculture educators. The program aligns with the AI for K-12 initiative guidelines; Agriculture, Food and Natural Resources career standards; Computer Science Teachers Association standards; and Common Core math standards.

For more information about FarmBeats for Students, visit aka.ms/FBFS.

About National FFA Organization

The National FFA Organization is a school-based national youth leadership development organization of more than 1,027,200 student members as part of 9,235 local FFA chapters in all 50 states, Puerto Rico and the U.S. Virgin Islands. The FFA mission is to make a positive difference in the lives of students by developing their potential for premier leadership, personal growth and career success through agricultural education.

About Microsoft

Microsoft (Nasdaq “MSFT” @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more.

For more information, press only:

Microsoft Media Relations, We. Communications, (425) 638-7777, [email protected]

Note to editors: For more information, news and perspectives from Microsoft, please visit Microsoft Source at https://news.microsoft.com/source. Web links, telephone numbers and titles were correct at time of publication but may have changed. For additional assistance, journalists and analysts may contact Microsoft’s Rapid Response Team or other appropriate contacts listed at https://news.microsoft.com/microsoft-public-relations-contacts.

MIL OSI Economics –

May 7, 2025
MIL-OSI Economics: Samsung Unveils Vision AI for Neo QLED, OLED, QLED and The Frame TVs, Bringing Intelligent, Immersive & Adaptive Screens to Indian Consumers

Source: Samsung

Samsung, India’s largest consumer electronics brand, today announced the launch of its ultra-premium 2025 models of Neo QLED 8K, Neo QLED 4K, OLED, QLED TVs and The Frame lineup, bringing the revolutionary Samsung Vision AI technology to Indian consumers. At the heart of this launch is the new Samsung Vision AI that delivers an unparalleled home entertainment experience with next-generation AI capabilities. Staying true to its commitment to innovation, Samsung’s latest range redefines how users interact with screens, turning them into intelligent companions that enrich everyday living.

Samsung Vision AI – a cutting-edge technology framework – pairs AI-enhanced picture and sound for maximum performance with personalized experience. Samsung Vision AI is built on three pillars.

AI Mode optimizes picture quality and sound in real time by using advanced deep-learning algorithms that adapt to both content and ambient surroundings, ensuring stunning visuals and immersive audio every time.
AI Experience personalizes content discovery and settings by learning user preferences over time, delivering a smarter, more intuitive interaction.
Multi-Device Connectivity seamlessly connects the TV with smartphones, tablets, and other smart devices, enabling effortless content sharing, control, and continuity across the Samsung ecosystem.

“The role of the television in Indian homes has evolved – it’s no longer just about watching content, but about enabling connected, intelligent lifestyles. With the introduction of Samsung Vision AI across our widest-ever premium lineup, we are delivering a future-ready TV experience that goes beyond stunning visuals. Samsung Vision AI ushers in a truly personalized, AI-powered screen experience, where the viewer is more important than what’s being viewed. We are calling this shift ‘It’s Your Show’ – an experience where users are in complete control, with the TV adapting to their unique preferences, habits, and ecosystem. Our new AI TV lineup breathes new life into every frame, setting a new benchmark for cinematic excellence at home. With this new era of AI-powered screens, we are confident of accelerating next-generation TV adoption and strengthening our leadership in India’s premium television segment,” said Viplesh Dang, Senior Director, Visual Display Business, Samsung India.

Samsung Vision AI: Powering a New Generation of Smart, Personalized Entertainment Experiences

Samsung Vision AI represents a major leap in making screens smarter, more intuitive and deeply personal. It transforms televisions into adaptive hubs, responsive to their environment and user behaviours. They seamlessly blend into everyday life, making the TV an intelligent partner rather than just a display.

Several features come together to redefine the big screen experience-

Universal Gesture Control allows users to effortlessly navigate their Samsung Smart AI TV using simple hand movements, eliminating the need for a remote. This feature utilizes AI technology, and a connected Galaxy Watch to recognize gestures, allowing for intuitive control over various TV functions.

AI Upscaling Pro elevates lower-resolution content to near-8K quality, ensuring every detail is crystal clear. Powered by Samsung’s NQ8 AI Gen3 Processor, this feature sharpens images and enhances clarity, delivering a vivid and lifelike viewing experience.

Generative Wallpaper transforms idle screens into dynamic, personalized art canvases, creating visuals that match moods or occasions. Leveraging AI, this feature generates unique 4K images, allowing users to personalize their viewing experience with custom artwork.

Multi-Device connectivity keeps users updated about their living environment with real-time alerts and energy monitoring. Integrated with SmartThings, it provides real-time summaries of the home’s status and suggests necessary actions, enhancing peace of mind whether users are at home or away.

Pet and Family Care Mode provides peace of mind by detecting unusual activities of pets or family members and by automatically adjusting home settings for added comfort. Utilizing on-device AI, it can detect events such as a dog barking or a baby crying, alerting users when attention is needed.

Samsung’s Most Advanced AI-Powered Neo QLED 8K TV Redefines Visual Display Technology
Leading the 2025 AI TV lineup is the flagship Neo QLED 8K QN950F, designed to deliver the pinnacle of TV innovation. Powered by the advanced NQ8 AI Gen3 Processor, which employs 768 AI neural networks, this TV brings breakthrough features to life. Ensuring an exceptional viewing experience with crisp details, regardless of the input source, it is encased in an ultra-slim, minimalist Infinity Air design. The Neo QLED 8K QN950F is an object of beauty and a technological prowess, offering a truly immersive and sophisticated cinematic visual display.

The 8K AI Upscaling Pro feature intelligently analyzes and enhances any content to 8K quality, preserving details and textures with remarkable accuracy.

The Glare-Free technology ensures distraction-free viewing even in brightly lit spaces, reducing reflections without compromising colour or contrast.
Q-Symphony and Dolby Atmos combine to deliver a deeply immersive, multidimensional audio experience by perfectly synchronizing the TV speakers with compatible Samsung soundbars.
The ultra-fast 240Hz refresh rate ensures fluid motion and razor-sharp visuals, ideal for high-speed action, sports, and next-gen gaming.

AI Mode intelligently optimizes picture and sound based on content type and surroundings, delivering a customized viewing experience.’

The Neo QLED 8K is available in sizes of 85, 75, and 65 inches.

Lineup for All Entertainment Needs: Neo QLED 4K
The QN90F, QN85F, QN80F and QN70F models headline the Neo QLED 4K lineup. The QN90F features Quantum Matrix Technology Plus with 128 Neural Networks, Motion Xcelerator 165Hz, Glare-Free viewing and a powerful 60W 4.2.2 channel speaker system with Dolby Atmos and Q-Symphony for a cinematic audio-visual experience and Samsung’s signature Neo Slim design with Art Store and Generative Wallpaper support.

Samsung’s 2025 OLED TVs push performance further with NQ4 AI Gen3 Processor supported by 128 Neural Networks, Motion Xcelerator 165Hz, Glare-Free Viewing, and AI Motion Enhancer Pro for exceptional clarity in fast-moving scenes. These models support 100% Color Volume, are PANTONE Validated, and feature a minimalist Infinity One design with Attachable Slim One Connect to reduce clutter.

Samsung has also curated localized Smart Experiences for Indian consumers to include a range of services like gaming, entertainment, education and fitness.’

Cloud Gaming Service enables users to experience AAA games with Plug and Play – with no console or PC required.

Samsung Education Hub helps users to experience Big Screen Learning with live classes, making learning for your kids more interactive and immersive.

TV Key service upscales consumers as there is no requirement for a set-top box as it enables direct transmission of content through the cloud.

Samsung TV Plus provides 125+ national and international channels absolutely free with instant access to news, movies, entertainment and more.

The 2025 Samsung AI TVs come equipped with a built-in SmartThings hub, transforming the television into a central command centre for connected living. This integration allows users to effortlessly connect and control a wide array of smart devices. Additionally, SmartThings Energy offers insights into energy consumption patterns, promoting efficient energy use throughout the home. The platform’s ambient sensing capabilities analyse human movements and environmental sounds, allowing the system to adapt settings such as lighting and temperature to suit daily routines, thereby enhancing comfort and convenience.

Fortified with Samsung Knox, a comprehensive security platform that safeguards user data and privacy, high security standards are maintained. It detects and prevent unauthorized changes, blocks phishing websites to protect against malicious sites, and enhanced personal information protection through Samsung Knox Vault.

To ensure a future-ready and secure smart TV experience, Samsung’s 2025 AI TV lineup comes with 7 years of guaranteed OS upgrades at no additional cost. This industry-leading commitment extends the longevity of each device, keeping it up to date with the latest features, security enhancements, and performance improvements. Whether it’s advanced AI functionality or seamless SmartThings integration, consumers can enjoy a consistently premium experience year after year, making their investment in Samsung’s Vision AI-powered TVs truly future-proof.

Price, Offers & Availability
The 2025 lineup of Neo QLED 8K, Neo QLED 4K, OLED, and The Frame TVs will be available for pre-order from May 7, 2025 across Samsung retail stores, Samsung.com, and leading offline and online retail channels.

As part of the pre-order offer, consumers purchasing Neo QLED 8K, Neo QLED 4K, OLED TVs and The Frame can avail of exciting benefits, such as Free Soundbar worth up to INR 90990, cashback of up to 20%, Easy EMI with zero down payment, lowest EMI starting INR 2990 and up to 30-month EMI tenure. These offers are valid till May 28, 2025.

Samsung’s Neo QLED 8K range starts from INR 272990
Samsung’s Neo QLED 4K range starts from INR 89990
Samsung’s OLED range starts from INR 154990
Samsung’s QLED range starts from INR 49490
Samsung’s Frame TVs range starts from INR 63990

The 2025 Samsung AI TV lineup is available in a wide spectrum of screen sizes, catering to every viewing preference and space requirement. The range includes 43″, 50″, 55″, 65″, 75″, 77″, 83″, 85″, 98″ and the ultra-large 100” and 115″. From compact personal entertainment zones to immersive home theatres, this diverse selection ensures there’s a perfect AI-powered screen for every room and need.

MIL OSI Economics –

May 7, 2025
MIL-OSI Economics: State of ransomware in 2025

Source: Securelist – Kaspersky

Headline: State of ransomware in 2025

Global ransomware trends and numbers

With the International Anti-Ransomware Day just around the corner on May 12, Kaspersky explores the ever-changing ransomware threat landscape and its implications for cybersecurity. According to Kaspersky Security Network data, the number of ransomware detections decreased by 18% from 2023 to 2024 – from 5,715,892 to 4,668,229. At the same time, the share of users affected by ransomware attacks increased by 0.02 p.p. to 0.44%. This smaller percentage compared to other cyberthreats is explained by the fact that attackers often don’t distribute this type of malware on a mass scale, but prioritize high-value targets, which reduces the overall number of incidents.

That said, if we look at incidents at organizations requiring immediate incident response services that were mitigated by Kaspersky’s Global Emergency Response Team (GERT), we’ll see that 41.6% of them were related to ransomware in 2024, compared to 33.3% in 2023. Targeted ransomware is likely to remain the primary threat to organizations around the world for the foreseeable future.

Below are some of the global trends that Kaspersky observed with ransomware in 2024.

Ransomware-as-a-Service (RaaS) dominance

The RaaS model remains the predominant framework for ransomware attacks, fueling their proliferation by lowering the technical barrier for cybercriminals. In 2024, RaaS platforms like RansomHub thrived by offering malware, technical support and affiliate programs that split the ransom (e.g., 90/10 for affiliates/core group). This model enables less-skilled actors to execute sophisticated attacks, contributing to the emergence of multiple new ransomware groups in 2024 alone. While traditional ransomware still exists, the scalability and profitability of RaaS make it the primary engine, with platforms evolving to include services such as initial access brokering and data exfiltration, ensuring its dominance into 2025.

Some groups continue to go cross-platform, while Windows remains the primary target

Many ransomware attacks still target Windows-based systems, reflecting the operating system’s widespread use in enterprise environments. The architecture of Windows, combined with vulnerabilities in software such as Remote Desktop Protocol (RDP) and unpatched systems, makes it a prime target for ransomware executables. In recent years, however, some attackers have diversified, with groups like RansomHub and Akira developing variants for Linux and VMware systems, particularly in cloud and virtualized environments. While Windows remains the epicenter, the growing focus on cross-platform ransomware signals a shift toward exploiting diverse infrastructures, especially as organizations adopt hybrid and cloud setups. This is not a new trend, and we expect it to persist in the coming years.

Overall ransomware payments down, average ransom payment up

According to Chainalysis, ransomware payments dropped significantly in 2024 to approximately $813.55 million, down 35% from a record $1.25 billion in 2023. On the other hand, Sophos reports that the average ransom payment surged from $1,542,333 in 2023 to $3,960,917 in 2024, reflecting a trend of targeting larger organizations with higher demands. This report also highlights that more organizations paid ransoms to get their data back, although other reports indicate that fewer organizations paid ransoms than in 2023. For example, according to Coveware, a company that specializes in fighting ransomware, the payment rate hit a record low of 25% in Q4 2024, down from 29% in Q4 2023, driven by law enforcement crackdowns, improved cybersecurity and regulatory pressures discouraging payments.

While encryption remains a core component of many ransomware attacks, the primary goal for some groups has shifted or expanded beyond locking data

In 2024, cybercriminals increasingly prioritized data exfiltration alongside, or sometimes instead of, encryption, focusing on stealing sensitive information to maximize leverage and profits or even extending threats to third parties such as customers, partners, suppliers, etc. Encryption is still widely used, but the rise of double and triple extortion tactics shows a strategic pivot. RansomHub and most modern ransomware groups often combine encryption with data theft, threatening to leak or sell stolen data if a ransom is not paid, making exfiltration a critical tactic.

Dismantled or disrupted ransomware actors in 2024

Several major ransomware groups faced significant disruptions in 2024, though the ecosystem’s resilience limited the long-term impact. LockBit, responsible for 27.78% of attacks in 2023, was hit hard by Operation Cronos in February 2024, with law enforcement seizing its infrastructure, arresting members and unmasking its leader, Dmitry Khoroshev. However, despite these efforts, LockBit relaunched its operations and remained active throughout 2024.

ALPHV/BlackCat, another prolific group, was dismantled after an FBI operation in December 2023, though affiliates migrated to other groups such as RansomHub. The Radar/Dispossessor operation was disrupted by the FBI in August 2024, and German authorities seized 47 cryptocurrency exchanges linked to ransomware laundering. Despite these takedowns, groups like RansomHub and Play quickly filled the void, underscoring the challenge of eradicating ransomware networks. However, according to the latest research, the RansomHub group presumably paused their operations as of April 1, 2025.

Some groups disappear, others pick up their work

When ransomware groups disband or disappear, their tools, tactics and infrastructure often remain accessible in the cybercriminal ecosystem, allowing other groups to adopt and enhance them. For example, groups like BlackMatter or REvil, after facing pressure from law enforcement, saw their code and methods reused by successors like BlackCat, which in turn was followed by Cicada3301. Disappearing groups may also sell their source code, exploit kits or affiliate models on dark web forums, enabling emerging or existing gangs to repurpose these resources. In addition, malicious tools are sometimes leaked to the internet, as was the case with LockBit 3.0. As a result, many smaller groups or individuals unrelated to the ransomware developers, including hacktivists and low-skilled cybercriminals, get hold of these tools and use them for their own purposes. This cycle of knowledge transfer accelerates the evolution of ransomware as new actors build on proven strategies, adapt to countermeasures, and exploit vulnerabilities faster than defenders can respond. In telemetry, these new groups using old toolkits can be identified as old groups (e.g., LockBit).

Ransomware groups increasingly developing their own custom toolkits

This is done to increase the effectiveness of their attacks and avoid detection. These toolkits often include exploitation tools, lateral movement tools, password attack tools, etc. that are tailored to specific targets or industries. By creating proprietary tools, these groups reduce their reliance on widely available, detectable exploits and maintain control over their operations. This in-house development also facilitates frequent updates to counter defenses and exploit new vulnerabilities, making their attacks more resilient and harder for cybersecurity measures to mitigate.

General vs. targeted ransomware share

Targeted ransomware attacks, aimed at specific organizations for maximum disruption and payout, focus on high-value targets such as hospitals, financial institutions and government agencies, leveraging reconnaissance and zero-day exploits for precision. General ransomware, which spreads indiscriminately via phishing or external devices, often affects smaller businesses or individuals with weaker defenses. The focus on targeted attacks reflects cybercriminals’ preference for larger ransoms, though general ransomware persists due to its low-effort, high-volume potential.

According to Kaspersky research, RansomHub was the most active group executing targeted attacks in 2024, followed by Play.

Each group’s share of victims according to its data leak site (DLS) as a percentage of all reported victims of all groups during the period under review (download)

AI tools used in ransomware development (FunkSec)

FunkSec emerged as a ransomware group in late 2024 and quickly gained notoriety, claiming multiple victims in December alone and outpacing established groups like Cl0p and RansomHub. Operating on a Ransomware-as-a-Service (RaaS) model, FunkSec employs a double extortion tactic that combines data encryption with exfiltration. The group targets sectors such as government, technology, finance and education in countries including India, Spain and Mongolia.

FunkSec is notable for its heavy reliance on AI-assisted tools, particularly in malware development. Its ransomware features AI-generated code with comments that are perfect from a language perspective, suggesting the use of large language models (LLMs) to streamline development and evade detection. Unlike typical ransomware groups that demand millions, FunkSec’s ransoms are unusually low, adopting a high-volume, low-cost approach.

Bring Your Own Vulnerable Driver attacks continue

Bring Your Own Vulnerable Driver (BYOVD) is an increasingly prevalent technique used in ransomware attacks to bypass security defenses and gain kernel-level access on Windows systems.

With BYOVD, attackers deploy a legitimate but vulnerable driver – often digitally signed by a trusted vendor or Microsoft – on a target system. These drivers, which operate at the kernel level (ring 0) with high privileges, contain exploitable flaws that allow attackers to disable security tools, escalate privileges or execute malicious code undetected. By leveraging signed drivers, attackers can evade Windows’ default security checks.

Although BYOVD is an advanced technique, there is a range of open-source tools like EDRSandblast and Backstab that lower the technical barriers and simplify such attacks. According to the Living Off The Land Drivers (LOLDrivers) project, hundreds of exploitable drivers are known, highlighting the scale of the problem. Attackers continue to find new vulnerable drivers, and tools like KDMapper allow mapping of unsigned drivers into memory via BYOVD, complicating defenses.

Regional ransomware trends and numbers

Share of users whose computers were attacked by crypto-ransomware, by region. Data from Kaspersky Security Network (download)

In the Middle East and Asia-Pacific regions, ransomware affected a higher share of users due to rapid digital transformation, expanding attack surfaces and varying levels of cybersecurity maturity. Enterprises in APAC were heavily targeted, driven by attacks on infrastructure and operational technology, especially in countries with growing economies and new data privacy laws.

Ransomware is less prevalent in Africa due to lower levels of digitization and economic constraints, which reduce the number of high-value targets. However, as countries like South Africa and Nigeria expand their digital economies, ransomware attacks are on the rise, particularly in the manufacturing, financial and government sectors. Limited cybersecurity awareness and resources leave many organizations vulnerable, though the smaller attack surface means the region remains behind global hotspots.

Latin America also experiences ransomware attacks, particularly in countries like Brazil, Argentina, Chile and Mexico. Manufacturing, agriculture, and retail, as well as critical sectors such as government and energy are targeted, but economic constraints and smaller ransoms deter some attackers. The region’s growing digital adoption is increasing exposure. For example, NightSpire ransomware compromised Chilean company EmoTrans, a logistics company serving key industries in Chile such as mining, agriculture and international trade. The group first appeared in March 2025, and attacked government institutions, manufacturers and other companies in various parts of the world. Like many other groups, NightSpire uses the double extortion strategy and has its own data leak site (DLS).

The Commonwealth of Independent States (CIS) sees a smaller share of users encountering ransomware attacks. However, hacktivist groups like Head Mare, Twelve and others active in the region often use ransomware such as LockBit 3.0 to inflict damage on target organizations. Manufacturing, government, and retail are the most targeted sectors, with varying levels of cybersecurity maturity across the region affecting security.

Europe is confronted with ransomware, but benefits from robust cybersecurity frameworks and regulations that deter some attackers. Sectors such as manufacturing, agriculture, and education are targeted, but mature incident response and awareness limit the scale of attacks. The region’s diversified economies and strong defenses make it less of a focal point for ransomware groups than regions with rapid, less secure digital growth.

For example, RansomHub claimed responsibility for a 2024 attack on Kawasaki’s European offices, disrupting operations across multiple countries. The breach compromised customer and operational data, affecting supply chains for Kawasaki’s motorcycle and industrial products in Europe. The regional impact was significant in countries such as Germany and the Netherlands, where Kawasaki has a strong market presence, highlighting vulnerabilities in Europe’s manufacturing sector.

Change in the share of users whose computers were attacked by crypto-ransomware, by region, 2024 compared to 2023. Data from Kaspersky Security Network (download)

Emerging threats and future outlook

Looking ahead to 2025, ransomware is expected to evolve by exploiting unconventional vulnerabilities, as demonstrated by the Akira gang’s use of a webcam to bypass endpoint detection and response systems and infiltrate internal networks. Attackers are likely to increasingly target overlooked entry points like IoT devices, smart appliances or misconfigured hardware in the workplace, capitalizing on the expanding attack surface created by interconnected systems. As organizations strengthen traditional defenses, cybercriminals will refine their tactics, focusing on stealthy reconnaissance and lateral movement within networks to deploy ransomware with greater precision, making it harder for defenders to detect and respond in time.

Ransomware groups are also likely to escalate their extortion strategies, moving beyond double extortion to more aggressive approaches such as threatening to leak sensitive data to regulators, competitors or the public. The Ransomware-as-a-Service model will continue to thrive, allowing less-skilled actors to launch sophisticated attacks by purchasing access to pre-built tools and exploit kits. Geopolitical tensions may further drive hacktivism and state-sponsored ransomware campaigns targeting critical assets, such as energy grids or healthcare systems, as part of hybrid warfare. Smaller organizations with limited cybersecurity budgets will face heightened risks as attackers exploit their weaker defenses. To adapt, businesses must adopt zero-trust security models, secure IoT ecosystems and prioritize employee training to mitigate phishing and social engineering threats.

The proliferation of large language models (LLMs) tailored for cybercrime will further amplify ransomware’s reach and impact. LLMs marketed on the dark web lower the technical barrier to creating malicious code, phishing campaigns and social engineering attacks, allowing even less-skilled actors to craft highly convincing lures or automate ransomware deployment. As more innovative concepts such as RPA (Robotic Process Automation) and LowCode, which provide an intuitive, visual, AI-assisted drag-and-drop interface for rapid software development, are quickly adopted by software developers, we can expect ransomware developers to use them to automate their attacks as well as new code development, making the ransomware threat even more prevalent.

Recommendations

To effectively counter ransomware in 2025, organizations and individuals must adopt a multi-layered defense strategy that addresses the evolving tactics of groups like FunkSec, RansomHub and others that leverage AI, Bring Your Own Vulnerable Driver (BYOVD) and double extortion.

Prioritize proactive prevention through patching and vulnerability management. Many ransomware attacks exploit unpatched systems, so organizations should implement automated patch management tools to ensure timely updates for operating systems, software and drivers. For Windows environments, enabling Microsoft’s Vulnerable Driver Blocklist is critical to thwarting BYOVD attacks. Regularly scan for vulnerabilities and prioritize high-severity flaws, especially in widely used software like Microsoft Exchange or VMware ESXi, which were increasingly targeted by ransomware in 2024.

Strengthen endpoint and network security with advanced detection and segmentation. Deploy robust endpoint detection and response solutions such as Kaspersky NEXT EDR to monitor for suspicious activity like driver loading or process termination. Network segmentation is equally important – limit lateral movement by isolating critical systems and using firewalls to restrict traffic. Implement a zero-trust architecture that requires continuous authentication for access.

Invest in backups, training and incident response planning. Maintain offline or immutable backups that are tested regularly to ensure rapid recovery without paying a ransom. Backups should cover critical data and systems and be stored in air-gapped environments to resist encryption or deletion. User education is essential to combat phishing, which remains one of the top attack vectors. Conduct simulated phishing exercises and train employees to recognize AI-crafted emails used by FunkSec and others for stealth. Kaspersky GERT can help develop and test an incident response plan to minimize potential downtime and costs.

The recommendation to not pay a ransom remains robust, especially given the risk of unavailable keys due to dismantled infrastructure, affiliate chaos or malicious intent, as seen in the 2024 disruptions. By investing in backups, incident response and preventive measures like patching and training, organizations can avoid funding criminals and mitigate the impact. Kaspersky also offers free decryptors for certain ransomware families. If you get hit by ransomware, check to see if there is a decryptor available for the ransomware family used in your case. Note that even if one isn’t available right now, it may be added later.

MIL OSI Economics –

May 7, 2025

Category: Machine Learning

Cyber sector is target for growth as Government supports businesses against serious organised cyber crime

Share this page

Updates to this page

Macro trends in taxation of large corporations

Some context as to the status quo in Australia

Which country gets to tax a multinational’s profits?

Increased focus on tax certainty – but is the concept of tax certainty itself uncertain?

Transparency giving confidence to other participants

Third-party data – the ‘fifth pillar’

Conclusion

If you are going to use automation and AI, make sure your data settings are right

We don’t ‘own’ taxpayer data, we hold it ‘on trust’

Beware ‘data hubris’

Automation and AI will amplify your biases

Data is uranium

Automation and AI is now part of the job

Partnership expands FarmBeats for Students program to all 50 states to help grow next generation of farmers

Global ransomware trends and numbers

Ransomware-as-a-Service (RaaS) dominance

Some groups continue to go cross-platform, while Windows remains the primary target

Overall ransomware payments down, average ransom payment up

While encryption remains a core component of many ransomware attacks, the primary goal for some groups has shifted or expanded beyond locking data

Dismantled or disrupted ransomware actors in 2024

Some groups disappear, others pick up their work

Ransomware groups increasingly developing their own custom toolkits

General vs. targeted ransomware share

AI tools used in ransomware development (FunkSec)

Bring Your Own Vulnerable Driver attacks continue

Regional ransomware trends and numbers

Emerging threats and future outlook

Recommendations