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Scandal-ridden UK Prime Minister Johnson resigned today. A global “cost-of-living crisis” that has driven 71 million people into poverty just since March, per the UNDP. US and UK warn that China’s industrial espionage poses a growing threat through shell companies and SPACs. Analysis: Russian APT Preys on Human, Software Vulnerabilities.

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A rundown of important global risk developments in markets, in business, and region by region.

Analysis: Russian APT Preys on Human, Software Vulnerabilities

Organizations of strategic interest to the Russian government in Ukraine have been targeted by several new phishing campaigns that use malware to facilitate espionage and data theft from targets. The Ukrainian Computer Emergency Response Team (CERT-UA) released two recent alerts warning that one of Moscow’s most capable hacker groups, APT 28, is using to social engineering tactics to exploit the fears of human targets and vulnerabilities in various software.

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