Daily Brief, November 1, 2026
Daily Brief, November 1, 2026
Top Story
Malaysia Airlines is the latest carrier to say passenger data may be exposed in a breach at Amadeus, the reservation-technology company airlines use to run bookings
Amadeus says it became aware of a vulnerability in a booking-display system and did not say how many people are affected when asked; Cathay Pacific reported 53,000 bookings and Japan Airlines 92,000 customers. Data processed from August 2023 to September 2026 may be exposed.
Source: Business Recorder
United States
Enforcement & Liability
The US Justice Department wants a privacy ombudsman to advise what personal information bankrupt AI company Character.AI may sell
Its bankruptcy office says the company's privacy policy permits transferring personal information in a sale, and was updated July 1st while it sought buyers. Character.AI has 12 million monthly users.
Source: The Record
Online fashion retailer Revolve told US securities regulators that customers' saved card numbers may have been taken
Revolve says names, contact details, card numbers and expiration dates may have been taken by automated means from customers who saved payment information, and that it does not believe the incident will have a material impact.
Source: SEC EDGAR
Around the World
Enforcement & Liability
Mexico's federal audit office is investigating two business groups that did 8.87 billion Mexican pesos (about $470 million) of business with public bodies since 2014
[ES · El Financiero]
Auditor-General Aureliano Hernández told Mexican lawmakers that firms in the groups bill hundreds of millions of pesos with fewer than five workers, and that a winning bidder subcontracted another bidder in the same tender, also from the groups. 3.79 billion Mexican pesos (about $200 million) was with local election agencies.
Source: El Financiero
Supply Chain Risk
Unauthorized currency trades hit customers who rent trading servers from GMO, a Japanese internet-services group
A cyberattack on its Onamae.com Desktop Cloud, built for automated foreign-exchange trading, ran about 50 unauthorized trades in three minutes on October 22nd. One customer lost 4.3 million Japanese yen (about $27,000), almost everything in the account. GMO executives hold a news conference on November 2nd, their first since the incidents.
Source: The Japan Times
Geopolitical Shocks
Senegal's parliamentary majority party, Pastef, voted down the revised 2026 budget a second time
[FR · Financial Afrik]
Financial Afrik reports that Pastef, which holds the parliamentary majority, cited several grounds, including doubts that the deficit and debt figures are honest and protection of purchasing power.
Source: Financial Afrik
The US approved a possible $2.1 billion sale of 500 Patriot interceptor missiles to Ukraine, paid for by Ukraine's partners
Donations from Canada, Germany and Norway, plus Ukraine's own funds financed by an EU loan, cover the cost.
Source: Anadolu Agency
Serbia's central bank pulled the license of Alta, one of the country's largest banks
[RU · Meduza]
The central bank said it acted to protect depositors and keep the financial system stable, after inspections aimed at getting Alta to raise its liquidity. Deposits are covered up to 50,000 euros (about $56,000) per client.
Source: Meduza
Infrastructure & Capacity
Germany's gas storage was 61% full on October 30th, well short of the 80% target it set for November 1st
Reuters says the Iran war's effect on prices made filling storage over the summer uneconomical this year. Germany's economy ministry is open to an obligation on gas suppliers, which INES, the German gas-storage industry association, supports. Berlin says there will be no supply bottlenecks.
Source: Business Recorder
Get the full risk analysis every Sunday. Manage your subscription.