Breaking news

Google Confirms Chrome Attack – What You Need To Do

Google has confirmed an active attack targeting Chrome users, with hackers leveraging generative AI models such as ChatGPT, Copilot, and DeepSeek to develop malware capable of extracting sensitive information, including login credentials and financial data.

The Growing Threat Landscape

Warnings about malicious email links are becoming increasingly frequent, as traditional security measures struggle to keep up with AI-driven threats. Despite these advances, cyberattacks still require user interaction—such as clicking a link—to be successful. The latest attack exploits a critical Chrome vulnerability, prompting Google to release an urgent update for Windows users.

“Google is aware of reports that an exploit (a piece of code, software, or technique that takes advantage of a vulnerability) for CVE-2025-2783 is being used in real-world attacks,” the company stated on Tuesday.

Update Your Browser Now

Chrome for Windows has been updated to version 134.0.6998.177/.178, which will roll out in the coming days or weeks. However, users can manually check for updates to install the fix immediately. Once downloaded, restarting the browser is crucial to apply the security patch.

What to Watch Out For

The attack was first identified by Kaspersky, which discovered a wave of infections caused by an unknown, highly sophisticated malware strain.

  • How the attack works: Victims receive a highly personalized phishing email containing a malicious link. Once clicked, Chrome opens, and the infection occurs instantly—without requiring any further action from the user.
  • Technical findings: Kaspersky’s researchers analyzed the exploit, reverse-engineered its logic, and reported the zero-day vulnerability to Google. The exploit bypassed Chrome’s security protections seamlessly, making it particularly concerning.

The Nature Of The Attack

According to Kaspersky, a logical error in the interface between Chrome’s sandbox and the Windows operating system was responsible for the vulnerability. As a result, this attack and the subsequent patch apply only to Windows users.

Kaspersky also suggests that the attack is likely espionage-driven, targeting media, educational institutions, and state organizations—primarily in Russia. The level of sophistication indicates the involvement of a state-sponsored hacking group.

“The exploit was designed to work alongside a second exploit that enables remote code execution. Unfortunately, we have not yet obtained this second exploit, as doing so would require waiting for another wave of attacks—putting users at risk,” Kaspersky reported.

Next Steps For Users

While Google has patched the first exploit, the second exploit remains a concern. The risk of further attacks persists, making user vigilance critical.

  • Update Chrome immediately to the latest version.
  • Avoid clicking on suspicious links—especially those in emails.
  • Enable automatic updates to ensure future security patches are installed promptly.

Final Thoughts

This security incident comes at a challenging time for Google, following Microsoft’s recent claim that Edge offers better protection than Chrome. However, Google’s swift response with an urgent update is commendable. Now, it is up to users to ensure they install the fix and stay cautious against emerging threats.

Bank of Cyprus Upgrade Signals Fresh Optimism For Greek And Cypriot Banks

Regional Banks Enter A More Favorable Cycle

Bank of Cyprus and Eurobank are well positioned to benefit from a renewed re-rating of Greek and Cypriot bank stocks, according to Cyprus-based investment firm Roemer Capital, which upgraded Bank of Cyprus to a buy rating and reaffirmed its positive view on Eurobank.

The firm cited easing geopolitical tensions, resilient economic growth in Greece and Cyprus, lower funding costs and Greece’s expected transition to developed-market status as the main factors supporting the sector.

Roemer Capital also lowered its cost of equity assumptions, updated its forecasts following first-quarter 2026 results and extended its valuation horizon to the end of 2027, raising target prices across its banking coverage.

Bank Of Cyprus Gets The Largest Upgrade

Bank of Cyprus received the biggest revision, with Roemer Capital upgrading the stock from hold to buy and setting a target price of €11.10, implying potential total upside of 27%.

The firm highlighted the bank’s strong capital generation, profitability and projected 100% dividend payout, describing it as the strongest capital-return story among the banks under coverage. Roemer Capital maintained its buy rating on Eurobank, assigning a target price of €4.90 and forecasting potential upside of 28%. The report said the bank is well placed to benefit from loan growth, improving operating performance and merger-and-acquisition synergies.

National Bank of Greece and Piraeus Bank also retained buy ratings, with expected returns ranging from 25% to 36%. Optima Bank was upgraded to buy, while Alpha Bank remained at hold on valuation grounds.

Why Growth Still Sets The Region Apart

According to Roemer Capital, Greek and Cypriot banks continue to benefit from stronger economic fundamentals than many western European peers. The report pointed to faster economic growth, healthier balance sheets, low levels of non-performing exposures, capital ratios approaching 20% and strong customer deposit bases.

Analysts expect performing loans across the sector to grow at a compound annual rate of 6% to 8% through 2028, supported by private investment, digitalisation, green manufacturing, supply-chain expansion and a gradual recovery in household lending.

The report also said the conclusion of lending under the EU Recovery and Resilience Facility is unlikely to materially affect credit growth, as banks have already shifted back towards traditional commercial lending. Roemer Capital expects Euribor to remain between 2.2% and 2.5%, a level it believes should support both lending activity and net interest margins.

Geopolitics, Valuation And Market Structure Support The Case

The report said improving geopolitical conditions have strengthened the investment outlook, noting that Brent crude prices have largely returned to pre-war levels while Greek government bond yields have stabilised at around 3.5%. Although geopolitical risks remain, Roemer Capital believes the likelihood of a major inflationary shock or significant pressure on bank profitability has eased.

Another important catalyst identified by the firm is Greece’s expected promotion to developed-market status by FTSE Russell, STOXX and MSCI over the coming months.

According to the report, the reclassification should improve liquidity and attract a broader base of international investors. Roemer Capital also said Euronext’s acquisition of the Athens Exchange is expected to strengthen market infrastructure and increase international visibility, particularly for Bank of Cyprus and Optima Bank.

The firm noted that Bank of Cyprus has already benefited from its Athens listing, with average daily trading value increasing from less than €400,000 before its September 2024 move to nearly €6 million afterwards.

Economic Momentum Remains A Core Tailwind

Roemer Capital said both Greece and Cyprus have moved beyond post-crisis recovery and are now supported by private-sector-led growth. For Cyprus, the report highlighted recent tax reform and efforts to simplify the legal and regulatory framework, while also noting that limited foreign banking competition continues to support domestic lenders.

Overall, Roemer Capital expects Greek and Cypriot banks to remain well-positioned for profitable loan growth over the coming years.

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