Update(10:00ET): As has become the ‘norm’ after well over 100 days of war – which some pundits have been calling the “third Gulf war” – there are deeply conflicting headlines emerging Saturday. On the one hand, diplomacy based in Switzerland is said to be in motion, with a potential top level Trump delegation (led by Witkoff and to be joined later by Kushner reportedly/allegedly) – but fighting between Israel and Hezbollah in south Lebanon still rages, with the death toll climbing, and also with Hezbollah rockets still landing against IDF positions as well as in northern Israel.

Will the US and Iranian sides actually meet in Europe for the ‘technical’ side of further talks toward final peace? Saturday has seen reports of Iran having again ‘closed’ the Strait of Hormuz, citing Israeli aggression in Lebanon, after Tehran has insisted that the tenuous freshly signed MoU included a Lebanon ceasefire and peace. The latest newswires out of Iranian state media:

• IRAN SAYS HORMUZ TO CLOSE, CITING CEASEFIRE VIOLATION: TASNIM
• IRAN SAYS STRAIT OF HORMUZ HAS BEEN CLOSED: TASNIM
• IRAN’S IRGC NAVY SAYS HORMUZ STRAIT CLOSED TO ALL VESSELS: FARS
• *VESSELS WARNED TO AVOID STRAIT OF HORMUZ OVER SECURITY: FARS

Vance expected in Switzerland, reports Axios on Saturday:

🇺🇸🇮🇷Trump envoys arrive in Switzerland for Iran talks planned for Sunday. Vice President Vance could travel to Switzerland today or tomorrow. My story on @axios https://t.co/suNH9rkVk9

— Barak Ravid (@BarakRavid) June 20, 2026

And yet, some of the same state sources have been saying that an Iranian delegation will travel to Switzerland where it will seek to hold Washington to its commitments. 

“In Switzerland, we intend to press for the fulfilment of the other side’s commitments and clarify how they plan to act on their obligations,” the Iranian Foreign Ministry spokesperson said, according to Fars, also as cited in Al Jazeera.

Per the same report Saturday mid-morning (US time): “The delegation will leave for Switzerland in a few minutes, Mehr news agency also reported. The spokesperson also said that if the US refuses to implement its commitments, Iran will respond with necessary measures.” So things remain very fluid, and could implode at any moment.

*  *  *

Since the US-Iran Memorandum of Understanding was signed days ago it’s increasingly obvious there’s been a widening split between Washington and it’s closest Middle East ally Israel over the terms of the deal. The political interests between the Trump administration and Israel, which have been typically lock-step, have increasingly diverged on the question of the Iran peace and terms of reopening the Strait of Hormuz. Ground zero for this divergence has remained south Lebanon, where the overnight the death toll from fighting – and especially from Israeli air raids – have risen.

Lebanon’s civil defense agency has announced that Israeli attacks on the southern Nabatieh district have killed 16 people and wounded 12 others. The significant death toll comes a mere day after the latest Israel-Hezbollah ceasefire was announced.

Still, Al Jazeera is on Saturday confirming that “the wheels of diplomacy” appear to be “back in motion” after the delay to the technical talks from Friday. “Pakistan and Qatar – mediators – are holding a series of meetings in Switzerland, Iran and Egypt and according to Al Jazeera’s team on the ground,” the publication writes. Top American negotiators are reportedly on the way to Europe.

Iran too is optimistic, while calling out certain Israeli hardliner politicians for seeking to sabotage peace. State media is hitting this theme hard, and naturally Tehran is going to seek to drive a deep and permanent wedge between the Trump and Netanyahu administrations. 

Iran’s deputy foreign minister has said the Islamic Republic is “ready to move forward” on diplomacy with Washington, and the big elephant in the room is that “the United States must ensure Israel abides by the terms of the deal to end the war” – according to Al Jazeera.

As a reminder, President Trump appears in the mood to play nice with Iran while bringing the (very rare) pressure on Netanyahu. However, Trump himself is facing immense rising pressure from outraged pro-US hawks at home:

Donald ⁠Trump told NBC News ⁠in a phone ⁠interview that ​he spoke with Israel ⁠on Friday and asked them to ⁠agree to ​a ‌ceasefire ‌with Hezbollah.

“‘You just gotta calm down sometimes and use your head,’” Trump ‌was quoted as telling Israel.

Trump declined ​to specify ​whether ​he spoke ​with ‌Benjamin ​Netanyahu directly. A senior US official earlier confirmed the ceasefire to Reuters, though Israeli attacks continue across Lebanon.

One of the key elements of the MoU the hawks vehemently object to is the creation of a $300 billion reconstruction plan for Iran. But in terms of the main aspect which could derail ongoing negotiations altogether is that the US committed that it and its allies (read: Israel and the Lebanese government) will initiate the “immediate and permanent termination of military operations on all fronts, including in Lebanon.” This is a major concession by the US to the Iranian side.

❗️FOUR IDF soldiers killed after Hezbollah struck IDF tank in southern Lebanon

Including 52nd Battalion Commander who assumed command only days earlier after his predecessor was seriously wounded

Hours later, five more wounded, including SERIOUSLY, in drone strike in same area pic.twitter.com/RQBjyKoxme

— RT (@RT_com) June 19, 2026

But Israel has much more than these things to complain about, as it continues to lose troops in recent Hezbollah attacks:

Israel immediately responded to that agreement by pounding Lebanon, killing at least 47 people on Friday, according to the Lebanese Ministry of Public Health. Four Israeli soldiers were also killed overnight [Friday] by the armed Lebanese group, Hezbollah, prompting Israel’s far-right National Security Minister Itamar Ben-Gvir to say that “all of Lebanon must burn”.

Vice President JD Vance’s own recent remarks putting these Israeli officials in their place has been unprecedented spectacle to behold. The “special relationship” remains tenuous, at least in terms of weighing the current heated rhetoric and atmosphere.

But again, Israel can point to Hezbollah aggression, with Times of Israel (TOI) reporting the latest figures as follows:

The Israeli military says it is striking Hezbollah targets in southern Lebanon in response to overnight projectile launches at troops in south Lebanon by the Iran-backed terror group, despite a ceasefire announced a day earlier.

⚡️Consequences of an Israeli airstrike (3 bombs) on a building complex in Southern Lebanon

Multiple casualties. pic.twitter.com/CF4riEgu3E

— War Monitor (@WarMonitors) June 20, 2026

“Overnight, the Hezbollah terrorist organization launched more than 50 projectiles at Israeli forces in southern Lebanon. Following the attacks, the IDF has been striking Hezbollah terrorist targets in southern Lebanon,” an Israeli military official said was cited in TOI as saying.

Meanwhile, CNN also confirms that diplomacy is in “motion”, writing: “US envoy Steve Witkoff is traveling to Switzerland for technical talks with Iran, a US official said, with President Donald Trump’s son-in-law Jared Kushner also expected to join. Meanwhile, mediator Pakistan’s interior minister has arrived in Iran for talks with senior Iranian officials as part of efforts to encourage them to Switzerland.”

President Trump has once again lashed out at Italy, as Washington and this ‘wayward’ NATO ally continue to clash on a range of issues from Iran to Israel to Ukraine..

It follows on the heels of the cancellation of the planned diplomatic visit by Italian Foreign Minister Antonio Tajani. President Trump on Saturday has newly taken to Truth Social to reiterate that PM Meloni “asked, over and over, for a picture with me during the G-7 meeting in France.”

He continued: “She is doing poorly in Italy with her level of popularity, possibly because she turned down the United States of America, a Country that truly loves and protects Italy, when it came to denying Iran from obtaining or developing a Nuclear Weapon (But so did NATO, for that matter!).”

According to more background:

Trump’s comments were aired Friday on the La7 network. A correspondent had asked the president about Ukraine, but Trump raised Meloni and made the claim about the photo. Trump said he was not obliged to take the picture with her but that he felt sorry for her and agreed, La7 said. The broadcaster put a dubbed version of the conversation online, but not the original English audio.

Meloni has very publicly rejected Trump’s version of events at the G7:

Clearly irked at President Donald Trump’s suggestion that she had had “begged” him for a photo at the Group of Seven summit earlier this week, the Italian prime minister said this was “totally fabricated.”

Bilateral defense agreements and NATO’s base sharing framework allows US access to key strategic hubs for US operations in the Mediterranean – however, Italian law and a historic treaty requires parliamentary approval for anything outside that scope. 

It was in late March that for the first time Italy’s defense ministry confirmed that “some US bombers” were denied landing at Sigonella – one of seven US navy bases in Italy.

Among the scenes at a G7 working lunch in France on June 16 was this…

Italy tried to frame the issue as merely bureaucratic and an issue of paperwork. Initial complaints were that the US didn’t follow required permission protocol, and requested landing only while in the air and already en route to Sicily.

Meloni’s office has all the while maintained it is “acting in full compliance with existing international agreements”  – while underscoring that each flight request must be “carefully examined on a case-by-case basis, as has always been the case in the past.”

But the truth also is that American hegemonic action in the Middle East, and the Iran conflict in particular, is deeply unpopular among the Italian population, which has long had a strongly anti-war bent especially among the youth. Meloni has tried to assure here electorate that she’s never “begged” for anything from Trump.

Authored by Jack Phillips via The Epoch Times,

The FBI on June 16 advised people to be wary of fraudulent websites that try to mimic World Cup or FIFA sites, as the agency warned that such websites have been used to steal personal information and sell counterfeit tickets.

In a public service announcement, the FBI stated that scammers and fraudsters have launched spoofing attempts designed to mimic FIFA’s official website as the World Cup games hosted in North America continue.

“Threat actors often create spoofed websites by slightly altering characteristics of legitimate website domains, with the purpose of gathering personally identifiable information entered by a user into the site, including name, home address, phone number, email address, and banking information,” the FBI statement reads.

The individuals behind such websites may be attempting to trick people into entering sensitive information that could be used to “create new accounts in a victim’s name and ultimately defraud the victim,” the FBI stated.

The federal law enforcement bureau noted that it has identified individuals who had attempted to collect personal information, sell counterfeit World Cup tickets or “hospitality products,” or engaged in other forms of malicious activity in connection with the scams.

The fraudulent website domains could include alternate spellings of words or use a different top-level domain, or TLD, referring to the final segment of the web address, such as .com, .gov, .org, and more, according to the notice.

Scammers may also create a deceptive version of a legitimate website, such as fifa.com, that tricks people into thinking they are going to the official website, it stated. Some include website domains that use alternate domain extensions such as “.blue,” “.beer,” “.city,” and more. Dozens of fraudulent domains were identified by the FBI that have been linked to the scheme, including fake domains related to FIFA jobs, merchandise, or tickets.

FBI officials advised people to first verify website URLs before they enter potentially sensitive or personally identifying information and to go to FIFA’s official website by typing the URL into their browser rather than relying on results produced by search engines, while also verifying that it reads fifa.com.

An Epoch Times review found that many of the websites listed by the FBI in the alert appeared to be down. However, the FBI stated that the “public should be aware that new websites will continue to appear.”

“Exercise caution when clicking on advertisements. Before clicking on an advertisement, check the URL to make sure the site is authentic,” the notice reads. “Malicious advertisements may redirect users to a different website than indicated.”

The June 16 public service announcement did not say whether anyone was victimized by a FIFA website-related scam. But victims who believe that they were targeted in a scam should file a complaint with the FBI’s Internet Crime Complaint Center at ic3.gov, it states

Aside from combating fake websites, the FBI has also acted to keep drones away from World Cup games. Earlier this week, an illegal immigrant with a prior criminal history, including a cocaine-trafficking conviction, was arrested for flying a drone near a World Cup event in Atlanta, the FBI announced.

The World Cup lasts from June 11 until July 19, with matches being played across the United States, Mexico, and Canada.

Authored by J.B. Shurk via American Thinker,

British tyranny is globalism, and globalism must be destroyed.

British tyranny is so repulsive that the British people owe it to themselves to overthrow their government masters.  It has been two-hundred-fifty years since America’s Declaration of Independence recognized the Crown system as a threat to Americans’ lives and liberties.  English-speaking peoples still suffering under the British yoke should follow suit.

Prime Minister Keir Starmer announced a near-total ban on social media for children under sixteen years old.  Ten of the most popular social media platforms are now age-restricted, with the toxic-leftist Bluesky platform a notable exception.  The government claims to be “protecting children” from online harm.  That’s a lie.  If the British government cared about protecting British children, government ministers and police forces would not have covered up Islamic rape gangs targeting children for three-plus decades.  The British government would not censor online reporting of foreigners murdering young Brits.  The British government has systematically chosen to sacrifice the United Kingdom’s children.

This online “safety” measure must be understood, then, as a ruse meant to expand the government’s control over online information.  Australia, New Zealand, and Canada have similar surveillance systems in place — all ostensibly erected to “protect the children” but designed, in reality, to control the speech of citizens.  In these countries, the only way to communicate with other citizens on social media platforms is to prove your age by proving your identity.  Mandatory digital identification systems are disguised as child welfare checks.  The Brits and their Commonwealth vassals have built a surveillance system to monitor citizens’ thoughts, censor unapproved speech, and promote official propaganda.

Tyrant Starmer is pushing this online surveillance infrastructure while citizens in the U.K. are protesting and rioting against the British government’s murderous mass immigration policies — which have invited foreign rapists and killers to overrun the kingdom and slaughter citizens.

Third-world barbarism is exploding across Europe.  Official Eurostat numbers show that sexual violence offenses in the European Union have doubled over the last decade.  Rapes skyrocketed 150%.  Knife crimes and murders are off the charts.  Foreign nationals who have immigrated into Europe are responsible for roughly fifty percent of violent crime.

Just as the unelected European Commission ruling the continent continues to cover up immigrant crimes and censor citizens’ online discussion of these ongoing threats, the British government is more concerned about punishing native Brits for noticing that they are under attack than repelling violent invaders from Britain’s shores.  (If Keir Starmer had been in Winston Churchill’s shoes during the Nazi Blitz, the British government would have surely helped the Germans cover up the bombings while blaming all the destruction on British citizens!)

Starmer’s government spies run a propaganda outfit that controls all public “narratives” regarding immigrant crime against native Brits.  The group of spies write and release misleading statements, presented as coming from the families of victims, that are designed to downplay rapes, murders, and other violent incidents.  While these spies use propaganda and censorship to cover up serious crimes committed by immigrants, they simultaneously engage in information warfare against British citizens by branding legitimate public concerns over safety as “disinformation,” “far-right racism,” “violence,” and “hate speech.”  This spy group in charge of monitoring and shaping the public’s thoughts has flagged “reading Shakespeare, Chaucer or Milton, or books documenting grooming gang scandals as potential indicators of far-Right susceptibility.”  The British spies — a veritable Gestapo fabricating public “truth” — plant media stories, steer online discussions, and deploy operatives to disrupt or direct public protests.

The British government claims the power to block “false information” that is “legal but harmful.”  On its website, the British government defines “extreme right-wing terrorist ideology” to include the belief that “‘Western culture’ is under threat from mass migration and a lack of integration by certain ethnic and cultural groups.”  British Technology Secretary Liz Kendall claims that it is “illegal” to promote “disorder” on social media.  Meanwhile, Starmer’s government tyrants are instructing journalists how to report immigrant attacks on British citizens.  These are the actions of dictators who do not care about “protecting the children.”

Surveying the daily violent crime by immigrants and the British government’s ongoing cover-ups, former Prime Minister Liz Truss says there is a government campaign to “undermine the family” and the “nation state.”  She says that forced diversity has corrupted the institutions and that government ministers suppress information and attack citizens while protecting barbarians.  She concludes that mass migration and government control over information are being used as weapons to destroy Western civilization.

For years, we Americans have watched the evils of globalism expand both at home and abroad in the United Kingdom, Canada, Australia, New Zealand, and most of continental Europe.  Branded by its international supporters as some kind of final, utopian stage of human governance, globalism is just another Frankensteinian beast — created from all the worst parts of Marxist-communism, Leninism, Maoism, fascism, Nazism, authoritarianism, oligarchy, corporatism, elitism, and central bank hegemony.  Globalism is totalitarianism.  Its god is government, although it has created special liturgical rituals regarding an imaginary “climate change” apocalypse meant to scare the world’s peasants into accepting the supremacy of government authority and bureaucrats’ (globalism’s “priests”) centralized power over all economic transactions.

Globalist governments seek total control over the people, and every policy that globalist governments shove down our throats is meant to advance this goal of total control.  COVID was not a health emergency.  It was a government excuse to roll out digital identifications, mandatory pharmaceutical injections, “vaccine” passports capable of monitoring real-time citizen movements, and online censorship.  It was a government program meant to condition citizens to accept that government bureaucrats should be empowered with limitless authorities — including the discretion to regulate church services, close and bankrupt businesses, lockdown citizens in their homes, separate family members from dying loved ones, and quarantine citizens for non-compliance.  The “global warming/cooling/climate change/extreme weather” hobgoblin is a government-designed scare tactic identical to the COVID “emergency.”  The only difference is that the “global warming” fearmongers have been telling us that we have twelve years left to live for the last century, while the COVID fearmongers told us that we had twelve days to live unless we complied.  Manufacturing compliance was and remains globalist governments’ only strategic objective.

Globalism’s ruling elites lust for wealth, power, and total control over the public.  Their lust will never be sated.  They wish for a small collection of government and economic masters to subjugate as much of the planet’s population as possible as serfs.  Globalism is a conquering empire.  Its oligarchy of central bank popes, chosen political governors, corporate monarchs, and techno-fascist-brownshirt-bureaucrats are modern-day slavers and colonizers.  Instead of putting us in chains and whipping us when we “misbehave,” they put us in a lifetime of debt and prosecute us for expressing opinions contrary to official government orthodoxy.

Do you believe that marriage is an institution recognizing the sacred union between one man and one woman?  Do you believe that men and women are biologically different?  Do you believe that mass immigration is a threat to national security?  Do you believe “multiculturalism” and forced “diversity” destroy excellence, discount merit, and weaken the naturally salubrious bonds of common cultural heritage?  Do you believe that every human has a God-given right to self-defense?  Do you believe that Christians should remain faithful to their beliefs in both their public and private lives?  If so, globalist governments see you as an “extremist,” “right-winger,” “religious fanatic,” “terrorist,” and “enemy of the State.”  Your thoughts will be condemned.  Your speech will be censored.  You will be fined and prosecuted.  You will go to prison for your beliefs.

The best way for Americans to fight encroaching globalism over here is to support British patriots in their fight against globalism over there.  As Benjamin Franklin persuasively argued, “We must all hang together, or we shall all hang separately.”

Authored by James Durso via RealClearDefense.,com,

For decades, energy policy in Washington was debated on the basis of economics, climate change, and domestic politics. That era is over. The United States is entering a period where energy security must be recognized as a core pillar of national security and military readiness.

The global competition underway with China is not just about trade or tariffs. It is about industrial capacity, technological dominance, artificial intelligence (AI), semiconductor manufacturing, and defense production – all of which depend on a foundational requirement: abundant and reliable electric power.

America’s future military superiority will rely in part by whether the nation can generate enough resilient, secure baseload electricity to support its defense industrial base and rapidly expanding digital infrastructure.

That is why deployment of Small Modular Reactors (SMRs) must be a top national priority.

The United States faces a convergence of unprecedented energy demand and an electric grid that is at capacity and is vulnerable to cyberattacks, physical sabotage, transmission bottlenecks, and extreme weather events.

Intermittent energy sources alone will not meet the scale or reliability requirements necessary to sustain America’s strategic position. The nation requires dependable, 24/7 baseload power capable of supporting critical infrastructure under all conditions – including during natural disasters, geopolitical crises, or military conflicts.

Advanced nuclear energy, delivered by SMRs, is rapidly emerging as one of the few realistic solutions capable of meeting those demands on a shorter timeline than legacy power systems.

Unlike traditional large-scale nuclear plants, SMRs are designed to be smaller, factory manufactured, and more flexible in deployment. They can be built to support specific industrial facilities, defense installations, AI infrastructure, and in remote or constrained environments where grid reliability is a concern.

The national security implications are significant.

Modern military operations are increasingly energy intensive. Defense installations, logistics hubs, shipyards, semiconductor fabrication plants, weapons production facilities, and command and control infrastructure all depend on uninterrupted electricity. Yet many of these facilities remain dependent on centralized transmission systems vulnerable to disruption.

One of the most strategically important developments in the SMR sector is the growing focus on “behind-the-meter” deployment capability — the ability to place reactors adjacent to mission-critical facilities rather than relying exclusively on long-distance transmission infrastructure.

This approach could fundamentally reshape military and industrial resilience in the United States.

Distributed advanced nuclear generation could provide secure dedicated power to defense installations, industrial corridors, AI campuses, and manufacturing hubs while reducing dependence on vulnerable grid infrastructure without competing for electric power with civilian communities. It could also improve survivability during cyberattacks, physical sabotage, or grid instability scenarios.

Equally important is the question of fuel security.

One of the least discussed but most consequential challenges facing the advanced nuclear industry is fuel availability. Several next-generation reactor concepts depend on High-Assay Low-Enriched Uranium (HALEU), a fuel source that lacks large-scale commercial availability in North America and is tied in part to Russian-controlled enrichment capacity.

That presents a strategic vulnerability the United States cannot afford to ignore.

Energy independence cannot exist if critical fuel supply chains remain dependent on geopolitical competitors or unstable foreign markets. Any serious national nuclear strategy must prioritize technologies capable of operating with commercially available fuel supported by secure supply chains.

This is where deployment readiness becomes critically important.

For years, much of the advanced nuclear conversation has focused on future concepts, demonstration projects, and theoretical deployment timelines. But America’s strategic competitors are not waiting. China is rapidly expanding its nuclear footprint domestically and internationally as part of a broader geopolitical strategy tied to industrial influence and infrastructure dominance. The U.S. Department of Energy reports that from 2014 to 2023 China increased installed net nuclear capacity almost three times, and that domestic experience is the basis for Beijing’s push to export 30 nuclear reactors by 2030 to countries participating in the Belt and Road Initiative.

The United States must move with urgency, and the technology exists to do it now.

Today, NuScale Power is the only SMR developer with full U.S. Nuclear Regulatory Commission standard design approval under the modern Part 52 licensing framework and the only company currently positioned with a commercially deployable, regulator-approved SMR technology transitioning to manufacturing.

That distinction matters because licensing is the hurdle that will determine which technologies are deployed in the next decade.

Most competing SMR and Generation IV reactor companies, to include Westinghouse, Oklo, TerraPower, and X-Energy are years away from NRC approval, rely on unproven fuel supply chains, or continue operating within demonstration programs without commercially deployable designs. Many experts acknowledge that several competing technologies may not achieve meaningful commercial deployment for another decade or longer.

NuScale’s position does not simply reflect a business milestone but the reality that the United States currently has NRC-approved SMR technology with a near-term pathway toward commercial deployment at scale.

The recent collaboration involving the Tennessee Valley Authority, ENTRA1 Energy, and NuScale is important not simply because of the companies involved, but because it signals a broader shift from discussion to deployment.

The proposed initiative, potentially involving up to six gigawatts of SMR capacity, reflects growing recognition that advanced nuclear energy may soon become indispensable to supporting America’s industrial expansion, digital economy, and national security infrastructure.

This is an exciting development that underscores a reality policymakers must confront: deployment timelines matter.

The United States does not have the luxury of waiting another decade for energy technologies trapped in prolonged licensing processes, uncertain fuel pathways, or unresolved manufacturing challenges. Strategic competition is accelerating now.

This is not an argument for abandoning other energy sources. It is an argument for recognizing that advanced nuclear power is increasingly becoming an essential component of America’s long-term energy resilience strategy alongside fossil fuels and renewables.

The debate over SMRs should not be framed as solely an energy issue.

It is fundamentally about whether the United States can maintain military readiness, secure critical infrastructure, support advanced manufacturing, power the AI revolution, and preserve geopolitical leadership in an increasingly unstable world.

Energy dominance is no longer simply economic policy. It is national defense policy. Small Modular Reactors allow America to maintain its strategic advantage.

Fraud is entering a new era. Businesses across North America expect fraud trends like biometric fraud, deepfake scams, and synthetic identities to become more common in 2026 as criminals adopt faster and more sophisticated tools.

This visualization, created by Visual Capitalist’s Julia Wendling, in partnership with Inigo for the Fraud in Data campaign’s sixth post, uses data from the Sumsub Fraud Report 2025 to explore the fraud trends businesses believe will shape the future of digital risk.

Biometric Fraud Could Become the Biggest Threat

Surveyed businesses expect biometric fraud to rise the most, with 67% predicting an increase. As companies rely more on facial recognition, voice authentication, and remote onboarding, fraudsters are finding new ways to exploit those systems.

Deepfake technology is already making identity verification harder. In the future, AI-generated videos, cloned voices, and stolen biometric data could make fraud attempts more convincing and more scalable than ever before.

Businesses also expect synthetic identity fraud to grow, with 56% anticipating a rise. Criminals are increasingly combining real and fake information to create identities that can bypass traditional fraud checks.

AI and Deepfakes Are Changing Fraud Trends

Businesses expect fraud attacks to become more automated in 2026. Around 44% predict increases in advanced AI-driven attacks, deepfake scams, and forged identity documents.

Another 33% expect AI-generated fake profiles to rise as fraudsters use generative AI tools to impersonate real users online. These scams could become faster to produce and harder to detect across financial services, ecommerce, and digital platforms.

As fraud tactics evolve, businesses may need to shift from reactive fraud prevention toward real-time risk monitoring powered by machine learning and behavioral analysis.

Data Breaches Will Continue to Fuel Identity Fraud

Data breaches are expected to remain a major source of fraud risk. About 33% of businesses anticipate more identity theft linked to stolen personal data.

Organized fraud networks are also expanding, according to 22% of respondents. As cybercriminal groups become more coordinated, fraud operations could become increasingly global and industrialized.

The Future of Fraud Trends

Companies that invest in adaptive verification systems, stronger cybersecurity, and understand the data around fraud prevention may be better positioned to respond to the next generation of threats.

Low-cost kamikaze drones are fundamentally reshaping the modern battlefield and forcing militaries to rethink procurement strategies built around expensive, high-end weapons systems.

In the Middle East, US Special Forces learned the hard way that cheap Iranian Shahed-style drones can eliminate multi-million-dollar (if not billion-dollar) communications, radar, and command-and-control nodes.

The result of this Iranian offensive with cheap drones, which exposed a missing air-defense layer over high-value U.S. military communications systems across the Gulf region, will trigger a defense procurement reset. The U.S. military is now racing to source, order, and stockpile low-cost one-way attack drones, interceptors, and counter-UAS systems before the next conflict erupts – or US-Iran ceasefire blows up.

Piper Sandler analyst Clarke Jeffries is now arriving at the same conclusion we have been highlighting:

We anticipate one of the biggest lessons of the 2020s will be how affordable drone technology fundamentally reshaped the modern combat environment and set the stage for a reevaluation of the procurement, organization and strategy of ~$3T in annual global military expenditures.

While drones have existed in the modern military apparatus for decades at this point, it was the Ukraine war (as one of the first near-peer conflicts in recent memory) which provided demonstrable evidence of how specifically lightweight and affordable systems could change the paradigm of combat.

Jeffries provided clients with a detailed overview of the nine public and nineteen private companies powering America’s emerging drone industry. His takeaway: this is still the early chapters of a market set for massive growth, as the U.S. military and allied nations push the procurement cycle into higher gear next year and through the end of the decade.

He sees the first wave of the market centered on inexpensive UAS production, domestic supply chains, and rapid procurement, while the second wave will be driven by autonomy, swarming, mothership configurations, and deeper integration into command-and-control networks.

He pointed out that AI software will be as important as hardware, with platforms such as Palantir’s Maven Smart System poised to turn massive drone sensor feeds into highly usable battlefield intelligence.

“With most nations averse to endure undue cost to the already punishing economics of pursuing a war, we see proliferation of Group 1-3 UAS as an inevitability and the next major technology inflection point for the aerospace and defense industry,” the analyst said.

He continued: 

Democratizing asymmetric warfare; sUAS has redefined the rules of engagement. Much of modern military history has been the story of haves and have-nots, with 10 countries accounting for 72% of global military spend and dominating production of the most capable and exquisite systems. Drone technology however (and specifically small unmanned aircraft systems: sUAS) has vastly increased the accessibility and affordability of highly capable military equipment and subverted the advantage of using exquisite systems into a costly strategy. In Ukraine and Iran, drones of all sizes have become de facto standard for air campaigns launched as low-cost attritable munitions. These drones are regularly countered by more expensive defense methods: missiles, interceptors, rockets creating a challenging cost-exchange issue. Every drone launched is net dollar advantage to the belligerent firing them. With most nations averse to endure undue cost to the already punishing economics of pursuing a war, we see proliferation of Group 1-3 UAS as an inevitability and the next major technology inflection point for the aerospace and defense industry.

Jeffries lays out three key conclusions about the rapidly changing defense landscape:

Public companies flagged by Jeffries as benefiting include AeroVironment, Ondas, Red Cat, AEVEX, Redwire, Insitu and Teledyne FLIR, while private names include Anduril, Skydio, Shield AI, Quantum Systems, Performance Drone Works, DZYNE, Firestorm Labs and Neros.

An example of this technology. Meet DZYNE’s BlitzBox system … 

The American company Dzyne has introduced the BlitzBox system, a container for covertly launching a swarm of attack drones. On the outside, it looks like an ordinary cargo box, but inside, it can hold up to 100 Blitz drones, ready to launch in minutes.#DroneWars #UAS #UAV pic.twitter.com/w9aRaZYrCZ

— Drone Wars (@Drone_Wars_) May 27, 2026

He noted, “Today, most militaries are still in the earliest innings of their sUAS efforts: building defensible supply chains, refining specific designs, aligning the organizational and budgetary structure to successfully field these systems.”

Follow the money…

Lessons from the Ukraine & Iranian Conflicts

Notable Drone Programs

Notable UAS Contracts

The UAS Blue List

Past, Present and Future of the Drone Operator

Swarming

Rise of Mothership Drones

In a separate note, Needham analyst Austin Bohlig noted that increasing congressional support for drones and counter-drone technologies has been reflected in the FY27 National Defense Authorization Act and related appropriations bills.

Related:

• JPM Call With Axon Reveals Race To Fortify U.S. Data Centers Against Kamikaze Drone Swarms

• Goldman Sits Down With Anduril As ‘War Unicorns’ Reshape Defense Tech

• “Flying Beer Cooler”: Pentagon’s Next Kamikaze Drone Ushers In Era Of Cheap Mass-Produced Airpower

• Congress Moves To Boost Drone Funding As “War Unicorns” See Possible Procurement Supercycle

The safe conclusion is that the public and private drone companies mentioned above are positioned to reap major rewards as military procurement cycles shift toward these low-cost systems and annual global military spending surges in the coming years.

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