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  1. Urgency level L2 DowngradedCybersecurity & Infrastructure

    AI Executive-Impersonation Fraud Steals €95 Million From Intesa Private-Banking Arm

    Fraudsters using AI-assisted executive and lawyer impersonation induced Fideuram, the private-banking arm of Intesa Sanpaolo, to transfer €95 million to overseas accounts. Authorities recovered roughly €53 million, while about €36 million remains missing after funds moved through foreign accounts and cryptocurrency.